AEHR — Aehr Test Systems

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Aehr Test Systems

Aehr Test Systems, Inc. provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, package part form, and installed systems in the United States, Asia, and Europe. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that test, burn-in, and stabilize range of devices, including silicon carbide-based and other power se… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$82.34
Market Cap$3.34B
Float30.0M
Shares Outstanding31.5M
P/E (Forward)9.86
Price/Sales (TTM)73.91
vs. Analyst Target-22.7% to analyst PT
Profit Margin-25.23%
Operating Margin (TTM)-41.01%
Revenue (TTM)$45.3M
Earnings Growth (YoY)-87.50%
Dividend RateNone
Analyst Target Price$63.67 (2 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $22.3M -$2.8M $8.4M -$2.4M
2021 $16.6M -$2.0M $6.0M -$1.8M
2022 $50.8M $9.4M $23.7M $9.8M
2023 $65.0M $14.6M $32.7M $13.8M
2024 $66.2M $33.2M $32.5M $13.8M
2025 $59.0M -$3.9M $23.9M -$903,000

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
May 2025 $14.1M -$2.9M
Aug 2025 $11.0M -$2.1M
Nov 2025 $9.9M -$3.2M
Feb 2026 $10.3M -$3.2M

Ownership & Float

Insider Ownership4.6%
Institutional Ownership71.7%
Short Float15.7%
% of All Funds Holding2.13%
Number of Funds Holding175

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$73.37Near-term / short-term trend
Weekly40-Week SMA$38.21Medium-term trend
Weekly80-Week SMA$25.10Cyclical trend (business cycle)
Weekly200-Week SMA$24.49Secular trend (multi-year)
Monthly10-Month SMA$39.73Near-term monthly trend
Monthly20-Month SMA$25.80Medium-term monthly trend
Monthly40-Month SMA$25.66Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$38.20 support 2.49x 0 months ago
$25.10 support 1.06x 2 months ago
$16.30 support 1.58x 8 months ago
$12.70 support 1.96x 9 months ago

Historical Earnings Reactions (114 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.46% 0.00% 44.74% 59.27% -32.00%
1 Day 0.05% -1.26% 37.72% 40.73% -29.20%
1 Week 0.51% -4.16% 39.47% 117.08% -39.57%
2 Weeks 1.85% -2.34% 42.98% 100.00% -44.33%
1 Month 2.78% -3.38% 42.98% 98.84% -48.13%

Next earnings: June 26, 2026 (36 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan0.9%41.4%29
Feb6.8%58.6%29
Mar2.7%51.7%29
Apr3.4%48.3%29
May2.7%53.6%28
Jun3.7%28.6%28
Jul9.8%60.7%28
Aug3.0%46.4%28
Sep7.0%44.8%29
Oct-4.3%31.0%29
Nov-5.6%27.6%29
Dec5.9%48.3%29

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.02% 39.9% 1359
Tuesday 0.21% 42.0% 1485
Wednesday 0.39% 42.0% 1485
Thursday -0.02% 42.7% 1454
Friday 0.23% 44.1% 1449

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 71.7%

Insider Transactions — Smart Summary

Total insider ownership: 4.6%

Founder-led management: Rhea Posedel (Founder & Independent Chairman)

12-Month Insider Activity Summary

Total Filings40
Net Value-$53.0M
Net Shares Change-739,970
% of Float-2.5%
C-Suite Filings38
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Erickson Gayn President and CEO -$22.3M 2 4 sell
SCOTT GEOFFREY GATES Director -$8.0M 2 2 sell
SALAMONE ALBERTO EVP, PPBI BUSINESS -$2.8M 1 1 sell
SLAYEN HOWARD T Director -$2.1M 1 1 sell
POSEDEL RHEA J Director -$1.8M 1 2 sell
ROGERS VERNON Exec VP of Sales and Mktg. -$1.1M 1 1 sell
Siu Chris CFO -$221,608 1 2 sell
SPORCK ALISTAIR N VP Contactor Business Unit -$186,990 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-07-18 – 2025-07-25 3 3 -$471,289.32 3 C-suite
2026-04-10 – 2026-04-22 30 12 -$54.0M 29 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-04-22 POSEDEL RHEA J Director -$1.8M Transaction at $97.50, now -15.5%
2026-05-15 Siu Chris CFO -$221,608 Transaction at $107.39, now -23.3%
2026-04-14 Erickson Gayn President and CEO -$11.0M Transaction at $70.53, now +16.7%
2026-04-14 Erickson Gayn President and CEO -$11.3M Transaction at $71.10, now +15.8%
2026-04-21 SCOTT GEOFFREY GATES Director -$5.7M Transaction at $94.33, now -12.7%
2026-04-22 SALAMONE ALBERTO EVP, PPBI BUSINESS -$2.8M Transaction at $92.06, now -10.6%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Aehr Test Systems (AEHR) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for AEHR on Trend Edge →