
AEIS Stock Forecast & Price Target
AEIS Analyst Ratings
Bulls say
Advanced Energy Industries Inc. has demonstrated significant revenue growth across key sectors, with Semiconductor revenues increasing 15% quarter-over-quarter to $227 million, outperforming consensus estimates. Data Center Computing also showed strong performance, rising 10% quarter-over-quarter and 41% year-over-year, driven by robust demand from AI hyperscale customers and the introduction of high-power products. Furthermore, the company reported a notable increase in gross margin to 38.0%, along with a healthy I&M pipeline that has expanded by approximately 50% over the past two years, indicating a strong potential for future design wins.
Bears say
Advanced Energy Industries Inc has reported a significant decline in revenue from its Industrial & Medical segment, which constituted approximately 18% of total revenues, showing a year-over-year decrease of 29% and remaining flat quarter-over-quarter at $77 million, indicating a sluggish recovery. The company's guidance for Q4'24 revenues suggests a projected decline of 3% year-over-year at the midpoint, with management expressing concerns about weakening demand from original equipment manufacturers (OEMs) and distributors, particularly in the semi segment. Additionally, the decrease in cash and cash equivalents from $986 million to $657 million, primarily due to a term loan prepayment, raises concerns about liquidity and financial health moving forward.
This aggregate rating is based on analysts' research of Advanced Energy Industries and is not a guaranteed prediction by Public.com or investment advice.
AEIS Analyst Forecast & Price Prediction
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