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Added to YB: 2026-03-20

Pitch date: 2026-03-18

AAOI [neutral]

Applied Optoelectronics, Inc.

+14.36%

current return

Author Info

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Company Info

Applied Optoelectronics, Inc. engages in the design, manufacture, and sale of fiber-optic networking products in the United States, Taiwan, and China.

Market Cap

$6.7B

Pitch Price

$89.13

Price Target

N/A

Dividend

N/A

EV/EBITDA

-295.04

P/E

-134.89

EV/Sales

14.81

Sector

Communications Equipment

Category

growth

Show full summary:
$AAOI Ramping Hard...

AAOI (update): Scaling to 650k units/month by Q4 2026, 930k by end 2027 (800G/1.6T). 100% in-house lasers on 3-4in wafers, bypassing EML for 1.6T via SiPh. $250M ATM closed, another $250M active; seeking customer co-investments/prepayments to fund capex. 800G qualified at 1+ hyperscaler, Texas facility targeting mid-2026. Blue sky: ~$5B rev 2027 (800G @$400, 1.6T @$700-800) at 40% GM vs $6.5B mkt cap. Risks: qualification delays, execution on aggressive ramp, dilution.

Read full article (8 min)