Added to YB: 2026-03-31
Pitch date: 2026-03-27
AAOI [neutral]
Applied Optoelectronics, Inc.
-14.59%
current return
Author Info
No bio for this author
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
$7.6B
Pitch Price
$99.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
-335.39
P/E
-153.45
EV/Sales
16.83
Sector
Communications Equipment
Category
growth
The Photonics Valuation Problem: $AAOI
AAOI (overview): Mgmt projects $378M rev by Q2 2027 ($1.5B run-rate), 40% margins by 2028 = ~$1B EBITDA. At ~$7B mkt cap, adds ~$500M cash, fwd EV/EBITDA ~6.5x by 2028. Bearish analysts (Zephyr/Citrini) see 100-120M unit market by 2030. Thesis depends on mgmt delivering aggressive optical transceiver rollout. Better risk/reward vs SIVE.
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