More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 37,000 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming TEXARKANA, Texas, May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Texarkana is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“I am very pleased with [Kinetic’s] service so far and extremely pleased with pricing and performance,” said Elizabeth Verone, a Kinetic customer in Texarkana.
More than 37,000 homes in Texarkana have access to Kinetic’s future-proof internet to better support work, education, streaming and telehealth.
Kinetic’s continued investment in the community’s fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14 -17% increase in home values
“Our everyday lives are becoming increasingly digital, and high-speed connectivity is crucial to completing everyday tasks and unlocking new opportunities,” said Stacy Hale, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Texarkana residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Texarkana and many other communities across Texas. The company’s continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Lone Star State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 2,700 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming JASPER, Fla., May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Jasper is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“We are happy that [the service] is fast and covers the entire house. We no longer have dead zones in our yard (5 + acres). No loss of connection when it rains and no lag time when running 2 cell phones, laptop and printer,” said Chris Book, a Kinetic customer in Florida.
More than 2,700 homes in Jasper have access to Kinetic’s future-proof internet to better support work, education, streaming and telehealth.
Kinetic’s continued investment in the community’s fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14-17% increase in home values “Our everyday lives are becoming increasingly digital, and high-speed connectivity is crucial to completing everyday tasks and unlocking new opportunities,” said Stacy Hale, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Jasper residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Jasper and many other communities across Hamilton County and Florida. This Hamilton County fiber expansion is an example of the impact a successful public-private partnership can have on a community.
Kinetic's continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Sunshine State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 13,000 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming DAHLONEGA, Ga., May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Dahlonega is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“I am so very happy with my new service! No more buffering on any of my devices. I can continue to work from home with no more issues. Everyone, and I mean everyone, I encountered at Kinetic was friendly and helpful. Highly recommend [Kinetic’s] service,” said Valerie Snyder, a Kinetic customer in Georgia.
More than 13,000 homes in Dahlonega have access to Kinetic’s future-proof internet to better support work, education, streaming, and telehealth. A portion of these locations were built to with the support of American Rescue Plan Act funding in partnership with the counties and the State of Georgia.
Kinetic’s continued investment in the community’s fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14-17% increase in home values
“Our everyday lives are becoming increasingly digital, and high-speed connectivity is crucial to completing everyday tasks and unlocking new opportunities,” said Stacy Hale, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Dahlonega residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Dahlonega and many other communities across Georgia. The company’s continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Peach State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 19,000 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming KANNAPOLIS, N.C., May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Kannapolis is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“We are very happy and pleased with our service. The [Kinetic] technicians who did our install were amazing and very knowledgeable. We highly recommend Kinetic’s services to anyone. So much better than our last services ever was,” said Kimberly Zeback, a Kinetic customer in Kannapolis.
More than 19,000 homes in Kannapolis have access to Kinetic’s future-proof internet to better support work, education, streaming, and telehealth. A portion of these locations were supported by funds awarded to the State of North Carolina by the U.S. Department of the Treasury.
Kinetic was also recently awarded as having the “most responsive internet speeds” in Kannapolis, besting Spectrum by 45%.*
Kinetic’s continued investment in Kannapolis’ fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14-17% increase in home values “Our everyday lives are becoming increasingly digital, and high-speed connectivity is crucial to completing everyday tasks and unlocking new opportunities,” said Stacy Hale, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Kannapolis residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Kannapolis and many other communities across North Carolina. The company’s continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Tar Heel State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
*Based on Ookla® Speedtest Intelligence® data, Kannapolis, NC 2H 2025. All rights reserved.
LITTLE ROCK, Ark., June 01, 2026 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Kinetic ABS Issuer LLC, a limited-purpose, bankruptcy remote subsidiary of Uniti (the “Issuer”), has commenced an offering of $1,140,710,000 aggregate principal amount of secured fiber network revenue term notes (the “Notes”), the issuance and sale of which are subject to market conditions and other factors. The Notes are expected to have an anticipated repayment date in June 2033. The Notes are expected to be secured by certain residential fiber network assets and related customer agreements in the States of Texas, Arkansas, Kentucky, Ohio, Georgia, Iowa, Alabama, Florida, North Carolina and Oklahoma. Each of the Issuer and its direct parent entity and subsidiaries are designated as “unrestricted subsidiaries” under Uniti’s credit agreement and the indentures governing its outstanding senior notes.
In connection with the offering of the Notes, the Issuer expects to (i) increase the maximum commitment under its existing liquidity funding note facility to reflect the increase in the transaction’s liquidity reserve requirements that would result from the issuance of the Notes and (ii) extend the maturity of the existing liquidity note facility to align with the final maturity date of the Notes.
Uniti intends to use the net proceeds of the offering of the Notes for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.
The Notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act or any applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States in compliance with Regulation S under the Securities Act.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
ABOUT UNITI
Uniti is a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. We build, operate, and deliver fast and reliable communications services, empowering more than a million consumers and businesses in the digital economy. Our broad portfolio of services is offered through a suite of brands: Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future and management’s current expectations, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding the proposed offering of the Notes and use of proceeds therefrom. The words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “would,” “predicts” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that the Company makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: the levels of demand for our residential fiber network services within the markets related to the Notes, general market conditions within such markets, our ability to maintain and grow our residential fiber network services within these markets, unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to Uniti’s indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Uniti’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. The Company does not assume any obligation to update any forward-looking statements. Uniti expressly disclaims any obligation to release publicly any updates or revisions to any of the forward-looking statements set forth in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
LITTLE ROCK, Ark., June 03, 2026 (GLOBE NEWSWIRE) -- Kinetic, the premier insurgent fiber internet provider for homes and businesses, announced today that it surpassed 2 million fiber premises built across its 18-state service area, marking a major milestone in the company’s history and highlights its aggressive fiber broadband expansion since Kinetic became a part of Uniti.
The milestone, surpassed in the greater Lexington, Ky., area, reflects deep and continued investment in fiber infrastructure across rural and suburban communities, where demand for high-speed internet service continues to grow and there is an opportunity to take market share from legacy providers.
“This is the result of disciplined execution by our internal engineering and construction teams who are building fiber at scale and with a focus on quality in the heart of America,” said Bobby Walters, Kinetic’s senior vice president of Construction. “We’ve also ramped up our external partnerships across the country to accelerate and bring our vision to reality. Every new premise passed extends the reach of our 100% fiber network and puts more homes and businesses within access of fast, reliable broadband. I’m proud to be with a company investing its own capital where it matters.”
Kinetic’s first-quarter results showed about 1.94 million premises were passed and more than 50% of its customer base, and more than 50% of its revenue, now comes from fiber.
“Passing two-million homes is an exciting milestone because it means more families and more communities can experience the difference better connectivity makes,” said Stacie Vongvanith, executive vice president and Kinetic chief customer officer. Our continued focus is on delivering the best possible experience for our customers. From reliable internet service to responsive and professional support – we aim to provide confidence that Kinetic will keep them connected to what matters most.”
In the past 12 months, Kinetic launched a new bundle with Youtube TV, was named the “2026 Telecommunications Company of the Year,” was recognized by CNET as its “Best Rural Fiber Internet Provider,” launched a new partnership with eero ushering in Wi-Fi7, launched its Kinetic PromiseTM, provisionally won $184 million in BEAD grants for builds in Alabama, Arkansas, Florida, Georgia, New Mexico, North Carolina and Texas, as well as hosted hundreds of free computer-skills classes for thousands of people, while also partnering with 13 organizations in a nation-wide giving campaign to deliver support where it matters most: in the neighborhoods its customers call home.
Kinetic is on a multi-year, multi-billion-dollar mission to bring blazing fast multi-gig fiber internet to more underserved, or unserved rural and suburban communities across the U.S.
Those interested in fiber should call 1-877-90-FIBER or visit gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
Key Takeaways Kinetic surpassed 2 million fiber premises built across its 18-state service footprint.Kinetic hit the milestone near Lexington, KY, as it expands fiber in underserved communities.Fiber customers and fiber services each now account for more than 50% of Kinetic's mix. Uniti Group’s (UNIT - Free Report) business unit, Kinetic, announced that it has surpassed 2 million fiber premises built across its 18-state service footprint. This milestone, reached in the greater Lexington, KY, area, underscores the company’s ongoing efforts to broaden fibre broadband availability and enhance connectivity in underserved rural and suburban communities.
The achievement reflects Kinetic’s continued investment in fiber infrastructure, targeting markets where demand for high-speed internet connectivity remains strong and it can gain market share from legacy broadband providers.
Per Bobby Walters, senior vice president of Construction of Kinetic, “This is the result of disciplined execution by our internal engineering and construction teams who are building fiber at scale and with a focus on quality in the heart of America. We’ve also ramped up our external partnerships across the country to accelerate and bring our vision to reality. Every new premise passed extends the reach of our 100% fiber network and puts more homes and businesses within access of fast, reliable broadband. I’m proud to be with a company investing its own capital where it matters.”
Kinetic has positioned itself as a premier fiber internet provider for both homes and businesses. The company is executing a multi-year, multi-billion-dollar mission aimed at delivering multi-gig fiber internet services to more underserved or unserved rural and suburban communities across the United States.
The company’s recent operational performance highlights the success of its fiber-first approach. In the first quarter of 2026, Kinetic reported approximately 1.94 million fiber premises passed. Fiber customers now account for more than 50% of its customer base, and fiber services generate more than 50% the company’s revenues, demonstrating the growing importance of fiber within Kinetic's business mix.
ConclusionAs fiber adoption continues to increase, Kinetic appears well-positioned to benefit from rising demand for faster internet speeds and enhanced digital services across its expanding footprint.
In the past three months, shares of this Zacks Rank #3 (Hold) company have gained 39.5% compared with the industry's rise of 0.5%.
Image Source: Zacks Investment Research
Stocks to ConsiderSome better-ranked stocks from the broader REIT sector are Cousins Properties (CUZ - Free Report) and Lamar Advertising (LAMR - Free Report) , each carrying a Zacks Rank of #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for CUZ’s 2026 FFO per share is pegged at $2.93, which indicates year-over-year growth of 3.17%.
The Zacks Consensus Estimate for LAMR’s full-year FFO per share is pinned at $8.81, which suggests an increase of 6.66% from the year-ago period.
Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.
On June 04, 2026, Uniti Group Inc UNIT shares rose 5.0% today, currently trading at $11.79. The stock has shown a strong price performance, with a 1-year gain of 172.9% and a year-to-date increase of 68.2%. The shares have fluctuated between a 52-week high of $12.39 and a low of $4.00.
GF Value™ verdict: The current price of $11.79 is 9.9% above the GF Value™ estimate of $10.73, indicating a slight overvaluation.GF Score™ is 82/100, suggesting strong overall performance and potential for long-term returns.Insiders sold $0.1M worth of stock in the last 3 months, indicating a lack of buying enthusiasm from those closest to the company. Is UNIT Overvalued or Undervalued? According to the GF Value™, Uniti Group Inc is currently overvalued, as its market price of $11.79 exceeds the calculated fair value of $10.73 by 9.9%. This overvaluation suggests a potential risk for investors, as the stock may not provide a sufficient margin of safety. The GF Valuation label indicates that while the stock is trading above its intrinsic value, the overall strong performance reflected in its GF Score™ may still attract investors looking for growth opportunities.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current pricing dynamics, investors should be cautious about entering positions at these elevated levels, especially considering the selling activity by insiders, which could signal a lack of confidence in the stock's future performance.
How Does UNIT's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 3.5x 13.7x Forward P/E 96.6x N/A Currently, Uniti Group Inc's P/E ratio of 3.5x is significantly below its 5-year median of 13.7x, suggesting that the stock is trading at a historically low valuation multiple. However, the forward P/E of 96.6x indicates that future earnings expectations are high, which may be inconsistent with the GF Value™ verdict that the stock is overvalued. This discrepancy points to a potential misalignment between current market sentiment and historical valuation norms.
What Does UNIT's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).
Metric Rating GF Score™ 82 Financial Strength 2/10 Profitability 7/10 Growth 10/10 Valuation 7/10 Momentum 6/10 The GF Score™ of 82/100 indicates a strong overall performance for Uniti Group Inc. The company excels in growth with a perfect score of 10/10, suggesting robust future potential. However, the financial strength score of 2/10 raises concerns about its stability and ability to weather economic downturns. The profitability rank of 7/10 and valuation rank of 7/10 reflect a balanced performance but highlight the need for caution given the financial vulnerabilities.
What Are Insiders Doing with UNIT Stock? In the past three months, insiders have sold $0.1M worth of Uniti Group Inc stock, with no reported purchases. This trend of selling could indicate a lack of confidence among company executives regarding the stock's future performance. Typically, insider selling may suggest that those closest to the company do not foresee significant upside in the near term, which could be a red flag for potential investors.
What This Means for Investors Based on the GF Value™, Uniti Group Inc is currently overvalued, trading above its intrinsic value with a price of $11.79 compared to a fair value of $10.73. This overvaluation, coupled with the recent insider selling, suggests that potential investors should proceed with caution as there may be limited upside in the near term.
For the complete analysis, visit the Uniti Group Inc UNIT stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is UNIT's GF Score™?
UNIT's GF Score™ is 82/100, indicating a strong overall performance and potential for long-term returns based on GuruFocus' assessment.
Is UNIT overvalued or undervalued?
UNIT is currently overvalued according to the GF Value™, with a market price above its intrinsic value estimate.
What is UNIT's P/E ratio?
UNIT's P/E ratio is 3.5x, which is significantly below its 5-year median of 13.7x, indicating that the stock is trading at a historically low valuation multiple.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
LITTLE ROCK, Ark., June 05, 2026 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Kinetic ABS Issuer LLC, a limited-purpose, bankruptcy remote subsidiary of Uniti (the “Issuer”), has priced its offering of $1,140,710,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $805,210,000 5.834% Series 2026-2, Class A-2 term notes, $134,200,000 6.224% Series 2026-2, Class B term notes and $201,300,000 7.536% Series 2026-2, Class C term notes, each with an anticipated repayment date in June 2033 (collectively, the “Notes”). Collectively, the Notes have a weighted average coupon rate of approximately 6.180%. The Notes are expected to be secured by certain residential fiber network assets and related customer agreements in the States of Texas, Arkansas, Kentucky, Ohio, Georgia, Iowa, Alabama, Florida, North Carolina and Oklahoma. Each of the Issuer and its direct parent entity and subsidiaries are designated as “unrestricted subsidiaries” under Uniti’s credit agreement and the indentures governing its outstanding senior notes. The offering is expected to close on July 15, 2026.
In connection with the closing of the offering of the Notes, the Issuer expects to (i) increase the maximum commitment under its existing liquidity funding note facility to reflect the increase in the transaction’s liquidity reserve requirements that would result from the issuance of the Notes and (ii) extend the maturity of the existing liquidity note facility to align with the final maturity date of the Notes.
Uniti intends to use the net proceeds of the offering of the Notes for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.
The Notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act or any applicable state securities laws. The Notes were offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States in compliance with Regulation S under the Securities Act.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
ABOUT UNITI
Uniti is a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. We build, operate, and deliver fast and reliable communications services, empowering more than a million consumers and businesses in the digital economy. Our broad portfolio of services is offered through a suite of brands: Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future and management’s current expectations, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding the offering of the Notes and use of proceeds therefrom. The words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “would,” “predicts” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that the Company makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: the levels of demand for our residential fiber network services within the markets related to the Notes, general market conditions within such markets, our ability to maintain and grow our residential fiber network services within these markets, unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to Uniti’s indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Uniti’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. The Company does not assume any obligation to update any forward-looking statements. Uniti expressly disclaims any obligation to release publicly any updates or revisions to any of the forward-looking statements set forth in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
LITTLE ROCK, Ark., June 08, 2026 (GLOBE NEWSWIRE) -- Uniti Wholesale today announced a strategic collaboration with Beanfield to expand cross-border connectivity options between Canada and the United States. Beanfield is a Canadian fiber service provider with a dense metro footprint, delivering high-performance connectivity and dark fiber to business customers and serving key data centers.
The collaboration is anchored by CanAm2, Uniti Wholesale’s high-count dark fiber route connecting Montreal to the New York metro region, creating a direct foundation for scalable connectivity between Canadian markets and major U.S. interconnection hubs.
By combining Uniti Wholesale’s long-haul U.S. network scale with Beanfield’s metro fiber reach in Canada, the collaboration expands where customers can connect and how they can architect cross-border networks.
“Customers are demanding more reach, more control, and more speed—particularly for cross-border connectivity,” said John Nishimoto, senior vice president, Strategy, Products and Marketing, Uniti Wholesale. “Through CanAm2 and in collaboration with Beanfield, we’re expanding options from Montreal into the New York metro region and beyond—giving customers access to high-count dark fiber, and enhanced wavelength reach to extend connectivity into the U.S. and across Canada.”
Scale Without Borders: A Fusion of Metro Density and Long-Haul Reach
The collaboration simplifies cross-border connectivity by pairing Beanfield’s deep on-net building and data center presence in Montreal with Uniti’s coast-to-coast U.S. scale.
Key benefits include:
Strategic Resiliency: Diverse routing and high-capacity dark fiber IRUs/leases that allow customers to maintain end-to-end control of their optical networks.
Dual-Metro Bundles: Offerings that pair cross-border dark fiber into Montreal with high-capacity wavelengths (up to 100G) connecting Montreal and Toronto.
Digital Integration: Seamless management via Uniti Wholesale’s iConnect self-service portal.
“Customers need infrastructure built for performance and longevity,” said Chris Adamkowski, chief revenue officer, Commercial, Beanfield. “Through this collaboration, we’re extending dark fiber reach across a critical corridor and expanding connectivity options that give customers the flexibility to design networks on their terms, while still receiving the top-notch service and fiber expertise Beanfield is known for.”
Bridging a Critical Cross-Border Corridor
The New York–Montreal corridor serves as a primary artery for North American data traffic. By connecting major office hubs, carrier hotels, and data centers across the border, Uniti and Beanfield are enabling a seamless “cloud corridor” that helps global enterprises bridge U.S. and Canadian markets with greater efficiency.
About Uniti Wholesale:
Uniti Wholesale, a business unit of Uniti (NASDAQ: UNIT), builds and delivers customer-driven dark fiber infrastructure and high-capacity wavelengths, ethernet and wireless access leveraging our optical transport network reaching nearly every hyperscale and AI firm, communications services provider, Fortune 500 enterprise and federal government customers in the U.S. and Canada. Additional information about Uniti Wholesale is available at unitiwholesale.com. Engage with us on LinkedIn.
Beanfield is an independent, facilities-based telecommunications company. Founded in 1988 with a challenger spirit, it expanded its fibre- optic network to serve markets in Toronto, Vancouver, Montreal, and Ottawa. Beanfield’s mission is to bring desperately needed choice and superior high-speed fibre connectivity to business and residential customers in Canada’s largest cities while supporting them with a 100% Canadian-based workforce. Beanfield believes everyone deserves quality connectivity at a fair price, because that’s How it should be.
Beanfield Media Contact:
Kaitlin Buckley, 416-532-1555 ext. 2050 [email protected]
Uniti (UNIT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions may not translate into further price increase in the near term.
INDIANAPOLIS--(BUSINESS WIRE)--Closure Systems International (“CSI”), a global leader in closure solutions, today announced the acquisition of two beverage closure compression molding facilities from Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions. The facilities were part of Amcor’s Rigid Packaging Solutions North America business.
These industry-leading facilities located in Erie, Pennsylvania and Hattiesburg, Mississippi are supported by strong teams and specialize in serving high-volume beverage applications, including carbonated soft drinks, water, and hot-fill products. The Erie facility is an approximately 183,000-square-foot site with a long-standing operational footprint and specialized assets. The Hattiesburg facility is an approximately 119,000-square-foot site featuring a modern layout, comprehensive assets, and available capacity to support future growth.
Today, CSI operates a global network of nine manufacturing facilities, designing and manufacturing innovative closure solutions and capping systems for a broad range of beverage, food, and industrial end markets. The addition of the Erie and Hattiesburg facilities strengthens CSI’s manufacturing footprint, particularly in North America, and expands its capacity and expertise across high-volume beverage and adjacent categories, including protein and isotonic drinks, juice, and industrial uses. It complements CSI’s diversified growth strategy and also aligns with Amcor’s core portfolio strategy as the global leader in consumer packaging and dispensing solutions for nutrition and health.
CSI plans to leverage the facilities’ strong manufacturing skills and implement a range of operational and commercial initiatives focused on advancing lightweight closure innovation, optimizing manufacturing efficiency, expanding CSI’s PolyCycle PCR, and supporting growth across key customer programs. The transaction is also expected to enhance sourcing options and risk avoidance for customers of the two North American beverage closures compression molding facilities. CSI will continue to prioritize safety, product quality, and uninterrupted service as it integrates and transitions certain production volumes into the facilities during 2026.
“The addition of these established facilities to our network strengthens our ability to deliver high-quality, reliable solutions to our global customer base at scale,” said Floyd Needham, Chief Executive Officer of CSI. “Expanding our manufacturing capabilities positions us to meet growing demand across our end markets, backed by the operational and technical expertise we’re known for. We look forward to welcoming the teams in Erie and Hattiesburg and building on the strong foundation already in place.”
About Closure Systems International
Closure Systems International Inc. (CSI) is a global leader in designing and manufacturing innovative closures and capping equipment. With a focus on performance, safety, sustainability, and customer partnership, CSI delivers integrated systems solutions that help brand owners protect product integrity, enhance consumer experience, and drive operational efficiency.
About Amcor
Amcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enables us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, over 75,000 people generate $23 billion in annualized sales from operations that span over 400 locations in more than 40 countries.
ZURICH, May 6, 2026 /PRNewswire/ -- Highlights - Three Months Ended March 31, 2026 Net sales $5,914 million, up 77% driven by the Berry acquisition GAAP Net income $278 million including acquisition related costs and GAAP diluted EPS of $0.60 Acquisition synergies of $77 million, at upper end of expectations Adjusted EBITDA $892 million, up 87% and adjusted EBIT $687 million, up 79% Adjusted EBITDA margin of 15.1%, up from 14.3% and adjusted EBIT margin of 11.6%, up modestly GAAP EPS of $0.60 and Adjusted EPS of $0.96, up 6% YTD Highlights - Nine Months Ended March 31 , 2026 Net sales $17,108 million, up 72% driven by the Berry acquisition GAAP Net income $717 million including acquisition related costs and GAAP diluted EPS of $1.55 Adjusted EBITDA $2,628 million, up 88% and adjusted EBIT $1,977 million, up 78% Adjusted EBITDA margin of 15.4%, up from 14.1% and adjusted EBIT margin of 11.6%, up from 11.2% Adjusted EPS of $2.79, up 11% Six divestiture agreements reached under previously announced portfolio optimization initiative Fiscal 2026 Guidance: Adjusted EPS $3.98 to $4.03, growth of ~12% at the midpoint; Mitigating impact of Middle East conflict Free Cash Flow revised to be $1.5-1.6 billion Amcor CEO Peter Konieczny said, "Third quarter results were in line with expectations and reflect the resilience of our business as we mark the first anniversary of bringing legacy Amcor and Berry together as One Amcor. Over the past year, we have executed a smooth integration, built a strong leadership structure, and made meaningful progress on synergy delivery and portfolio optimization.
Amcor (AMCR - Free Report) came out with quarterly earnings of $0.96 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.9 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -0.19%. A quarter ago, it was expected that this packaging company would post earnings of $0.83 per share when it actually produced earnings of $0.86, delivering a surprise of +3.61%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Amcor, which belongs to the Zacks Containers - Paper and Packaging industry, posted revenues of $5.91 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.81%. This compares to year-ago revenues of $3.33 billion. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Amcor shares have lost about 9.7% since the beginning of the year versus the S&P 500's gain of 6%.
What's Next for Amcor?While Amcor has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Amcor was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.17 on $5.87 billion in revenues for the coming quarter and $3.94 on $22.92 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Containers - Paper and Packaging is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Karat Packing (KRT - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.
This company is expected to post quarterly earnings of $0.32 per share in its upcoming report, which represents a year-over-year change of -3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Karat Packing's revenues are expected to be $113 million, up 9.1% from the year-ago quarter.
For the quarter ended March 2026, Amcor (AMCR - Free Report) reported revenue of $5.91 billion, up 77.4% over the same period last year. EPS came in at $0.96, compared to $0.90 in the year-ago quarter.
The reported revenue represents a surprise of +3.81% over the Zacks Consensus Estimate of $5.7 billion. With the consensus EPS estimate being $0.96, the EPS surprise was -0.19%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Amcor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Global Flexible Packaging Solutions: $3.25 billion versus the three-analyst average estimate of $3.09 billion. The reported number represents a year-over-year change of +24.8%.Net Sales- Global Rigid Packaging Solutions: $2.66 billion versus the three-analyst average estimate of $2.41 billion. The reported number represents a year-over-year change of +265.9%.Adjusted EBIT- Global Flexible Packaging Solutions: $452 million versus the three-analyst average estimate of $479.54 million.Adjusted EBIT- Global Rigid Packaging Solutions: $276 million versus the three-analyst average estimate of $265.91 million.Adjusted EBIT- Other: $-42 million compared to the $-24.57 million average estimate based on two analysts.View all Key Company Metrics for Amcor here>>>
Shares of Amcor have returned -3.6% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Amcor is reaffirmed as a Strong Buy, supported by robust fundamentals, an attractive ~6.9% dividend yield, and an undervalued share price despite a recent jump. Q3 FY26 results exceeded expectations, with 6% Adj. EPS growth and a solid 15.1% Adj. EBITDA margin, while portfolio optimization and divestitures show $2.5 billion in potential proceeds. Revised guidance anticipates $1.5–$1.6 billion FCF and 12% Adj. EPS growth, factoring in $270 million in Berry synergies and mitigating Iran conflict impacts despite a hit in their inventory expectations.
Amcor remains a Buy, offering a 6.5% dividend yield and trading at a significant discount to sector multiples. Despite recent underperformance versus the benchmark, I see developing tailwinds, stable bottom-line growth, and a defensive profile supporting long-term value. AMCR trades at 10x forward P/E with double-digit EPS growth expected, and management signals ongoing share buybacks and dividend stability.
Internationally recognized testing capabilities deliver data validation recognized across 116 countries
, /PRNewswire/ -- Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced that its Asia Pacific Innovation Center (APIC) laboratory has received accreditation from the China National Accreditation Service for Conformity Assessment (CNAS), strengthening its role within Amcor's innovation ecosystem.
Amcor’s Asia Pacific Innovation Center (APIC) laboratory has received accreditation from the China National Accreditation Service for Conformity Assessment (CNAS), strengthening its role within Amcor’s innovation ecosystem. CNAS is China's national accreditation body responsible for assessing testing and calibration laboratories against international standards. Its accreditation indicates that a laboratory meets globally recognized requirements for technical competence and quality management. Accreditation is granted following a rigorous 18-to-24-month evaluation process.
The milestone comes as Amcor expands in key emerging markets, including China, where advanced local testing capabilities are increasingly critical to meeting complex customer and regulatory requirements. With the CNAS recognition, the APIC can now generate test data recognized across 116 countries globally, streamlining regulatory approval and market access for customers.
The accreditation also strengthens Amcor's ability to respond to local requirements while building a repository of regulatory, material and testing insights that can be applied across other high-growth markets.
"Becoming CNAS accredited means our customers don't have to second-guess the data — it's recognized wherever they operate," said Ludmila Fidale, Vice President, Research and Development, at Amcor. "It allows us to solve problems faster, with confidence, especially in markets where the rules are changing quickly and sustainability expectations are rising."
Operating in China's large and rapidly evolving packaging market enables the APIC team to build deep expertise in certification processes, sustainability standards and performance validation. With CNAS accreditation, the laboratory can:
Accelerate compliance pathways for multinational and regional customers Develop reliable certification approaches applicable across emerging markets Deliver data-driven innovation that supports packaging performance and supply chain resilience From packaging validation to failure analysis, the laboratory partners with customers and suppliers, advancing transparency and accelerating innovation.
About Amcor
Amcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enables us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, over 75,000 people generate $23 billion in annualized sales from operations that span over 400 locations in more than 40 countries. NYSE: AMCR; ASX: AMC
, /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, today announced a global call for startups to participate in its Amcor Lift-Off — Rigids challenge.
This initiative is part of Amcor Lift-Off, a global program led by the Corporate Venturing & Open Innovation team that connects Amcor with startups shaping the future of packaging. The program connects selected startups with Amcor's R&D, commercial and venturing teams to explore strategic collaboration opportunities and potential investment.
Amcor launched its Amcor Lift-Off — Rigids challenge focused on identifying solutions that address key opportunities in rigid packaging and adjacent systems. Building on the success of previous Amcor Lift-Off initiatives, which have resulted in partnerships across areas such as advanced materials, artificial intelligence and recycling technologies, this challenge focuses on identifying solutions that address key opportunities in rigid packaging and adjacent systems.
Focus areas
Startups are invited to submit technologies aligned with one or more of the following areas:
Shelf-life indicators Injection molding processes and platforms Recyclable barrier technologies Fiber-based packaging Dispenser and applicator systems Retort and pasteurization solutions Smart packaging Rigid and flexible hybrid systems (including refill and reuse models) Recycling, sorting and decontamination technologies Artificial intelligence and machine learning applications Amcor is focused on solutions that can improve performance, enable circularity, enhance consumer experience or unlock new business models across the packaging value chain.
Who should apply
Amcor is seeking startups with technologies that are validated beyond early pilot stage and demonstrate clear commercial potential.
Program structure
The Amcor Lift-Off program will proceed in three phases:
Applications: Open for submissions until June 8, 2026 Screening and feedback: Until June 20, 2026 Virtual Pitch Day: June 30, 2026 Selected startups will be invited to present their solutions to Amcor's R&D, business and corporate venturing teams. Successful teams will have the opportunity to engage with Amcor teams to explore commercial partnerships, pilot projects and investment opportunities, with success measured through strategic adoption and scalability.
Visit Amcor Ventures to learn more.
About Amcor Lift-Off
Amcor Lift-Off is part of Amcor's global innovation strategy to partner with startups developing differentiated technologies and business models. The program is designed to accelerate the development and scaling of new solutions by combining venture investment with access to Amcor's global capabilities and expertise.
About Amcor
Amcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enables us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, over 75,000 people generate $23 billion in annualized sales from operations that span over 400 locations in more than 40 countries. NYSE: AMCR; ASX: AMC
www.amcor.com | LinkedIn | YouTube
SAN FRANCISCO, May 27, 2026 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment, securities, and consumer class action firm, is investigating potential securities claims on behalf of former Berry Global Group, Inc (“Berry”) investors who received shares of Amcor plc (“Amcor” or the “Company”) in connection with Amcor’s acquisition of Berry on April 30, 2025 (“Merger”).
AMCOR STOCK DROPS AFTER APRIL MERGER
Amcor is a Switzerland–based global packaging company that develops and produces packaging solutions across a broad range of market segments, including healthcare, agriculture, and food service. The Company states, “As a global leader in packaging solutions for consumer and healthcare products, our industry-leading innovation capabilities, global scale and technical expertise help our customers grow and meet the needs of millions of consumers every day.” Since the closing of the Merger, the Company’s stock price has declined in value.
If you are a former Berry investor with losses, please fill out this form, email [email protected], or call (866) 981-4800 for a free consultation.
Why Girard Sharp?
Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We recently obtained a $36.5 million securities settlement against Maxar Technologies, a space imagery company, after its share price collapsed following its acquisition of DigitalGlobe. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.
With the S&P 500 grinding sideways and Treasury yields keeping income hunters on edge, dividend-paying stocks trading under $40 are getting a fresh look from retail investors who want defensive cash flow without paying a premium. Consumer packaging is about as defensive as the materials sector gets, and one global leader is sitting well below its long-term fair value while still raising the payout. That combination is rare enough to warrant a closer look right now.
With that in mind, here is one stock trading under $40 that looks mispriced relative to its income profile and synergy runway.
Amcor (NYSE: AMCR) Amcor (NYSE:AMCR | AMCR Price Prediction) is a UK-domiciled packaging company that makes flexible packaging, rigid containers, closures, and cartons for the food, beverage, healthcare, beauty, and home care customers you already buy from every week. After closing the all-stock acquisition of Berry Global on April 30, 2025, it now sits at the center of a $23 billion revenue platform serving consumer staples brands across more than 40 countries.
Shares closed at $38.38 on May 22, 2026, down 6.74% year-to-date and 11.2% over the past year. For a retail investor scanning under-$40 names, that slide is the opportunity: a global consumer packaging leader has been sold down with the broader materials group, even though its end markets are mostly recession-resistant.
The fundamentals back up the income thesis. Amcor pays a $0.65 quarterly dividend, an annualized $2.60 per share, with the next payment due June 17, 2026. The custom thesis frames the forward dividend yield near 5.87%, and management raised the payout 1.96% year-over-year while integrating the largest deal in its history. Forward earnings sit at roughly 10x, with trailing earnings per share of $1.24. The analyst consensus price target of $48.21 sits well above the current quote, and Truist Securities reiterated a Buy rating with a $60 price target after the most recent results.
The bull case is straightforward. Q3 fiscal 2026 delivered adjusted EPS of $0.96 on revenue of $5.91 billion, with adjusted EBITDA margin expanding to 15.1% from 14.3% a year earlier. Berry synergies hit $77 million in the quarter and $140 million year-to-date, tracking the upper end of the $270 million annual target and the $650 million total pre-tax synergy goal by fiscal 2028. Management reaffirmed full-year adjusted EPS guidance of $3.98 to $4.03, roughly 12% growth at the midpoint. CEO Peter Konieczny said the “Third quarter results were in line with expectations and reflect the resilience of our business as we mark the first anniversary of bringing legacy Amcor and Berry together as One Amcor.” The custom thesis adds that Amcor is trading at a 26% discount to long-term fair value, with its narrow economic moat anchored by global scale and entrenched relationships with consumer staples customers still intact.
The risk that cuts against the thesis is leverage. Net debt stands at $14.27 billion after the Berry deal, GAAP net interest expense doubled to $153 million, and management trimmed free cash flow guidance to $1.50 billion to $1.60 billion after Middle East conflict-driven inventory build. Combined volumes were about 1.5% lower year-over-year, and Wells Fargo cut its price target to $41 with an Equal Weight rating citing macro headwinds. Those concerns are real, but they sit on top of a cash-generative consumer packaging franchise that continues to compound through the Berry integration.
For income-focused investors who want a defensive consumer-tied cash flow stream at a discount, Amcor under $40 looks like a high-conviction setup backed by yield, synergy capture, and analyst upside.
The Takeaway Amcor’s under-$40 quote only matters because the underlying yield, synergy roadmap, and analyst targets line up behind it. Do your own research on the leverage profile, free cash flow cadence, and integration milestones before deciding whether this packaging giant fits your portfolio.
SAN FRANCISCO, June 04, 2026 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment, securities, and consumer class action firm, is investigating potential securities claims on behalf of former Berry Global Group, Inc (“Berry”) investors who received shares of Amcor plc (“Amcor” or the “Company”) in connection with Amcor’s acquisition of Berry on April 30, 2025 (“Merger”).
AMCOR STOCK DROPS AFTER APRIL MERGER
Amcor is a Switzerland–based global packaging company that develops and produces packaging solutions across a broad range of market segments, including healthcare, agriculture, and food service. The Company states, “As a global leader in packaging solutions for consumer and healthcare products, our industry-leading innovation capabilities, global scale and technical expertise help our customers grow and meet the needs of millions of consumers every day.” Since the closing of the Merger, the Company’s stock price has declined in value.
If you are a former Berry investor with losses, please fill out this form, email [email protected], or call (866) 981-4800 for a free consultation.
Why Girard Sharp?
Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We recently obtained a $36.5 million securities settlement against Maxar Technologies, a space imagery company, after its share price collapsed following its acquisition of DigitalGlobe. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.
A month has gone by since the last earnings report for Amcor (AMCR - Free Report) . Shares have lost about 5.7% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Amcor due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.
Amcor's Q3 Earnings Meet Estimates, Sales Beat on Berry AcquisitionAmcor delivered third-quarter fiscal 2026 adjusted earnings of 96 cents per share, up 6% year over year and in line with the Zacks Consensus Estimate. Reported net sales climbed 77% from the year-ago quarter to $5.91 billion and beat the consensus mark of $5.69 billion.
Results reflected the first full year of the Berry combination and continued integration progress, including $77 million of acquisition synergies in the quarter, along with cost and productivity actions that supported profitability.
Amcor's Margins Improve Despite Integration CostsProfitability advanced meaningfully in the quarter as adjusted EBITDA rose to $892 million from $477 million in the prior-year quarter, translating to a 15.1% margin, up from 14.3% a year ago. Adjusted EBIT increased to $687 million from the prior-year quarter’s $384 million, with the adjusted EBIT margin increasing to 11.6%, highlighting better mix and execution across the combined platform.
The top line was primarily shaped by acquisition-driven expansion. On a constant-currency basis, net sales grew 70% year over year, including $2.4 billion of acquired sales net of divestments, while raw material pass-through had no material impact on consolidated revenues.
Underlying demand remained pressured. Amcor estimated that volumes were 1.5% lower than estimated combined volumes for the legacy Amcor and legacy Berry businesses in the prior-year quarter (excluding non-core and divested businesses). Price/mix was described as having no material impact on net sales.
Flexibles Segment Gains From Scale BenefitsGlobal Flexible Packaging Solutions posted net sales of $3.25 billion, up 35% on a reported basis and 29% in constant currency. Adjusted EBIT increased to $452 million from the prior-year quarter’s $343 million, lifting segment profitability.
The company cited higher volumes in pet food and protein, offset by softer demand in healthcare and other nutrition. Regional trends were also mixed, with volumes lower across North America and Europe and higher across Asia. The segment’s profit improvement reflected integration benefits, productivity and cost performance, partly offset by the volume backdrop.
Rigids Segment Absorbs Weather DisruptionsGlobal Rigid Packaging Solutions generated net sales of $2.66 billion, up 187% year over year on a reported basis and 174% in constant currency, again reflecting the enlarged portfolio following the Berry deal. Adjusted EBIT rose to $276 million, marking a significant increase from the prior-year quarter’s $70 million.
However, the company highlighted an estimated $25-million impact of U.S. storms within the segment, which tempered the results even as synergy capture and cost initiatives supported profitability in the combined footprint.
Amcor's Balance Sheet UpdatesAs of March 31, 2026, Amcor had $1.59 billion in cash and cash equivalents compared with $0.83 billion as of June 30, 2025. The company generated $556 million of cash in operating activities in the first nine months of fiscal 2026 compared with $276 million in the year-ago comparable period, while net debt stood at $14.27 billion at the quarter-end. The board also declared a quarterly dividend of 65 cents per share.
Amcor Lowers EPS & Free Cash Flow ViewAMCR has updated its fiscal 2026 outlook, guiding adjusted earnings of $3.98-$4.03 per share, lower than the prior stated $4.00-$4.15. The company also reduced its free cash flow forecast to $1.5-$1.6 billion from the previously mentioned $1.8-$1.9 billion, citing a shift toward higher inventory levels at higher costs to protect customer service levels amid Middle East conflict-related supply considerations.
How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended upward during the past month.
VGM ScoresCurrently, Amcor has a average Growth Score of C, a score with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Amcor has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerAmcor is part of the Zacks Containers - Paper and Packaging industry. Over the past month, Packaging Corp. (PKG - Free Report) , a stock from the same industry, has gained 0.6%. The company reported its results for the quarter ended March 2026 more than a month ago.
Packaging Corp. reported revenues of $2.37 billion in the last reported quarter, representing a year-over-year change of +10.6%. EPS of $2.40 for the same period compares with $2.31 a year ago.
Packaging Corp. is expected to post earnings of $2.36 per share for the current quarter, representing a year-over-year change of -4.8%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.3%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Packaging Corp.. Also, the stock has a VGM Score of D.
Amcor trades at an attractive valuation with a compelling 7% dividend yield and 8.8% free cash flow yield. Volume declines have pressured shares post-Berry acquisition, but easier comps and synergy realization set up for a 2027 recovery. AMCR's free cash flow conversion remains robust, with 2027 guidance implying $1.5–$1.6B FCF and double-digit EPS growth potential.
SAN FRANCISCO, June 09, 2026 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment, securities, and consumer class action firm, is investigating potential securities claims on behalf of former Berry Global Group, Inc (“Berry”) investors who received shares of Amcor plc (“Amcor” or the “Company”) in connection with Amcor’s acquisition of Berry on April 30, 2025 (“Merger”).
AMCOR STOCK DROPS AFTER APRIL MERGER
Amcor is a Switzerland–based global packaging company that develops and produces packaging solutions across a broad range of market segments, including healthcare, agriculture, and food service. The Company states, “As a global leader in packaging solutions for consumer and healthcare products, our industry-leading innovation capabilities, global scale and technical expertise help our customers grow and meet the needs of millions of consumers every day.” Since the closing of the Merger, the Company’s stock price has declined in value.
If you are a former Berry investor with losses, please fill out this form, email [email protected], or call (866) 981-4800 for a free consultation.
Why Girard Sharp?
Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We recently obtained a $36.5 million securities settlement against Maxar Technologies, a space imagery company, after its share price collapsed following its acquisition of DigitalGlobe. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.
Amcor plc is rated a ‘buy' due to attractive valuation, strong dividend yield, and synergy-driven EPS growth. AMCR trades near its 52-week low at a 9.5x forward P/E and offers a 6.9% yield, well below its historical average multiple. Operational synergies from the Berry acquisition are driving EPS growth despite volume softness, with analysts projecting 7–8% annual EPS growth.
On June 11, 2026, Amcor PLC AMCR shares rose 4.6% to a current price of $39.92. This performance comes in the context of a 52-week range between $36.25 and $50.94, indicating some volatility in the stock price over the past year.
GF Value™ verdict: Current price of $39.92 is 18.7% below the GF Value™ estimate of $49.10.GF Score™ is 78/100, indicating an above-average potential for long-term returns.Notable signal: There have been no insider transactions in the last 3 months. Is AMCR Overvalued or Undervalued? The current price of Amcor PLC AMCR at $39.92 is significantly below the GF Value™ estimate of $49.10, which suggests that the stock is undervalued by approximately 18.7%. This discrepancy indicates a potential opportunity for investors, as the stock is trading at a price that may not fully reflect the company’s intrinsic value. The GF Valuation label categorizes the stock as "Modestly Undervalued," reinforcing the notion that there could be a margin of safety for potential investors.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. While a modest undervaluation suggests room for price appreciation, it is essential to consider that market conditions and company performance can fluctuate, presenting risks that need to be evaluated.
How Does AMCR's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)27.5x20.0x (5-Year Median) Forward P/E9.2xN/A The current P/E (TTM) ratio of 27.5x is significantly higher than its 5-year median P/E of 20.0x, indicating that the stock is trading at a premium compared to its historical valuation. However, the forward P/E of 9.2x suggests that analysts anticipate improved earnings in the near future. This P/E analysis aligns with the GF Value™ verdict, indicating that while the stock may appear overvalued based on historical earnings, the potential for future growth could justify the higher multiple.
What Does AMCR's GF Score™ Tell Us? MetricRating GF Score™78/100 Financial Strength4/10 Profitability7/10 Growth7/10 Valuation8/10 Momentum4/10 Amcor's GF Score™ of 78/100 indicates a strong potential for long-term appreciation, with particularly notable strengths in Profitability (7/10) and Valuation (8/10). However, the Financial Strength rating of 4/10 and Momentum rating of 4/10 suggest areas of concern that may require further scrutiny. Investors should consider these factors when evaluating the overall stability and growth prospects of the company.
What Are Insiders Doing with AMCR Stock? In the last three months, there have been no insider transactions reported for Amcor PLC AMCR . The absence of insider trading activity may indicate a neutral sentiment among executives regarding the stock’s future performance. Typically, active buying by insiders can signal confidence in the company’s prospects, while selling can raise red flags. The lack of transactions suggests that insiders may not see immediate short-term movements either way.
What This Means for Investors Based on the GF Value™ assessment, Amcor PLC AMCR appears to be undervalued at its current price of $39.92, presenting a potential opportunity for investors. However, caution is warranted given the mixed signals from P/E ratios and insider activity. Understanding these nuances is essential for making informed investment decisions.
For the complete analysis, visit the Amcor PLC AMCR stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is AMCR's GF Score™?
The GF Score™ for Amcor PLC AMCR is 78/100, indicating an above-average potential for long-term returns based on key financial metrics.
Is AMCR overvalued or undervalued?
Amcor PLC AMCR is currently undervalued, with a GF Value™ estimate of $49.10 compared to the current price of $39.92, showing an 18.7% margin of safety.
What is AMCR's P/E ratio?
AMCR has a P/E (TTM) ratio of 27.5x, which is significantly above its 5-year median of 20.0x, suggesting a premium valuation in the context of its historical performance.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Aehr Test Systems (NASDAQ:AEHR – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $74.53 and last traded at $70.5840, with a volume of 629740 shares. The stock had previously closed at $70.43.
Key Headlines Impacting Aehr Test Systems Here are the key news stories impacting Aehr Test Systems this week:
Positive Sentiment: Technical momentum — AEHR’s 50-day moving average crossed above its 200-day moving average (a “golden cross”), which often attracts technical traders and momentum flows. Aehr Test Systems (AEHR)’s Technical Outlook is Bright After Key Golden Cross Positive Sentiment: Analyst support — Recent upgrades and bullish notes (e.g., Craig Hallum and William Blair raising coverage) have helped justify higher price targets and likely contributed to buying interest. MarketBeat AEHR Coverage Neutral Sentiment: Recent quarter — AEHR beat EPS estimates (reported ($0.05) vs. ($0.07) expected) but revenue came in slightly below consensus, leaving fundamentals mixed despite the beat. Analysts still project modest FY growth. AEHR Quarterly Results and Estimates Negative Sentiment: Large insider sales — CEO Gayn Erickson disclosed sizable sales (SEC filing) of company stock on April 10, representing millions of dollars of shares sold; such high-profile sales can create selling pressure and raise questions about insider conviction even when explained as tax-related. CEO Erickson SEC Filing Negative Sentiment: Additional insider dispositions — Multiple officers and directors (including Fariba Danesh, Adil Engineer and others) disclosed sales totaling hundreds of thousands to millions in aggregate; filings cite tax-withholding for vested awards, but the volume may weigh on near-term sentiment. Danesh SEC Filing Engineer SEC Filing Negative Sentiment: Media aggregation of insider liquidity — Press reports summarize roughly $2.1M+ in recent insider sales, reinforcing the narrative of insider liquidity events that investors are parsing. Aehr Test Systems Director Sells $2,100,000.00 in Stock Analyst Upgrades and Downgrades A number of brokerages recently issued reports on AEHR. Wall Street Zen raised shares of Aehr Test Systems from a “strong sell” rating to a “sell” rating in a report on Saturday. Weiss Ratings reissued a “sell (d)” rating on shares of Aehr Test Systems in a report on Wednesday, January 21st. William Blair raised shares of Aehr Test Systems from a “market perform” rating to an “outperform” rating in a report on Monday, March 2nd. Lake Street Capital reissued a “buy” rating on shares of Aehr Test Systems in a report on Wednesday, April 8th. Finally, Craig Hallum raised shares of Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a report on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Aehr Test Systems has an average rating of “Hold” and a consensus target price of $68.00.
Check Out Our Latest Analysis on Aehr Test Systems
Aehr Test Systems Stock Up 3.8% The stock’s 50-day simple moving average is $39.51 and its two-hundred day simple moving average is $30.01. The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of -195.74 and a beta of 2.28.
Aehr Test Systems (NASDAQ:AEHR – Get Free Report) last posted its quarterly earnings data on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. The company had revenue of $10.31 million during the quarter, compared to analysts’ expectations of $10.85 million. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. On average, sell-side analysts forecast that Aehr Test Systems will post 0.1 EPS for the current year.
Insider Activity at Aehr Test Systems In other news, COO Adil Engineer sold 13,085 shares of the stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $68.18, for a total value of $892,135.30. Following the completion of the sale, the chief operating officer directly owned 45,169 shares in the company, valued at $3,079,622.42. This represents a 22.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Rhea J. Posedel sold 30,000 shares of the stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $70.00, for a total transaction of $2,100,000.00. Following the completion of the sale, the director owned 426,979 shares of the company’s stock, valued at $29,888,530. This trade represents a 6.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 249,432 shares of company stock valued at $16,755,768 in the last three months. Company insiders own 6.80% of the company’s stock.
Institutional Investors Weigh In On Aehr Test Systems A number of hedge funds have recently modified their holdings of AEHR. William Blair Investment Management LLC acquired a new stake in shares of Aehr Test Systems in the third quarter valued at about $26,920,000. Wellington Management Group LLP raised its position in shares of Aehr Test Systems by 129.9% in the fourth quarter. Wellington Management Group LLP now owns 830,664 shares of the semiconductor company’s stock valued at $16,771,000 after buying an additional 469,400 shares during the last quarter. Invesco Ltd. raised its position in shares of Aehr Test Systems by 1,137.2% in the third quarter. Invesco Ltd. now owns 366,570 shares of the semiconductor company’s stock valued at $11,037,000 after buying an additional 336,940 shares during the last quarter. Next Century Growth Investors LLC raised its position in shares of Aehr Test Systems by 99.9% in the fourth quarter. Next Century Growth Investors LLC now owns 552,506 shares of the semiconductor company’s stock valued at $11,155,000 after buying an additional 276,160 shares during the last quarter. Finally, Halter Ferguson Financial Inc. raised its position in shares of Aehr Test Systems by 41.7% in the fourth quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company’s stock valued at $12,965,000 after buying an additional 189,117 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.
About Aehr Test Systems (Get Free Report)
Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.
The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.
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Aehr Test Systems (NASDAQ:AEHR – Get Free Report) Director Fariba Danesh sold 3,500 shares of Aehr Test Systems stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $70.05, for a total transaction of $245,175.00. Following the completion of the transaction, the director directly owned 13,143 shares of the company’s stock, valued at $920,667.15. This trade represents a 21.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Fariba Danesh also recently made the following trade(s):
On Monday, April 13th, Fariba Danesh sold 7,000 shares of Aehr Test Systems stock. The stock was sold at an average price of $71.49, for a total transaction of $500,430.00. Aehr Test Systems Stock Performance Shares of Aehr Test Systems stock opened at $74.38 on Wednesday. The stock has a market capitalization of $2.34 billion, a PE ratio of -195.74 and a beta of 2.28. Aehr Test Systems has a 52-week low of $7.71 and a 52-week high of $74.72. The company has a 50-day simple moving average of $39.51 and a two-hundred day simple moving average of $30.01.
Aehr Test Systems (NASDAQ:AEHR – Get Free Report) last issued its earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.02. The business had revenue of $10.31 million during the quarter, compared to analysts’ expectations of $10.85 million. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. As a group, equities research analysts forecast that Aehr Test Systems will post 0.1 EPS for the current fiscal year.
Institutional Inflows and Outflows Several hedge funds have recently made changes to their positions in the stock. William Blair Investment Management LLC purchased a new stake in Aehr Test Systems during the third quarter valued at approximately $26,920,000. Wellington Management Group LLP increased its holdings in Aehr Test Systems by 129.9% during the fourth quarter. Wellington Management Group LLP now owns 830,664 shares of the semiconductor company’s stock valued at $16,771,000 after buying an additional 469,400 shares during the last quarter. Invesco Ltd. increased its holdings in Aehr Test Systems by 1,137.2% during the third quarter. Invesco Ltd. now owns 366,570 shares of the semiconductor company’s stock valued at $11,037,000 after buying an additional 336,940 shares during the last quarter. Next Century Growth Investors LLC increased its holdings in Aehr Test Systems by 99.9% during the fourth quarter. Next Century Growth Investors LLC now owns 552,506 shares of the semiconductor company’s stock valued at $11,155,000 after buying an additional 276,160 shares during the last quarter. Finally, Halter Ferguson Financial Inc. increased its holdings in Aehr Test Systems by 41.7% during the fourth quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company’s stock valued at $12,965,000 after buying an additional 189,117 shares during the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In Several research firms have recently weighed in on AEHR. William Blair raised shares of Aehr Test Systems from a “market perform” rating to an “outperform” rating in a report on Monday, March 2nd. Weiss Ratings reissued a “sell (d)” rating on shares of Aehr Test Systems in a report on Wednesday, January 21st. Craig Hallum raised shares of Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a report on Wednesday, April 8th. Lake Street Capital reissued a “buy” rating on shares of Aehr Test Systems in a report on Wednesday, April 8th. Finally, Wall Street Zen raised shares of Aehr Test Systems from a “strong sell” rating to a “sell” rating in a report on Saturday. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $68.00.
Get Our Latest Stock Analysis on AEHR
Trending Headlines about Aehr Test Systems Here are the key news stories impacting Aehr Test Systems this week:
Positive Sentiment: Technical momentum — AEHR’s 50-day moving average crossed above its 200-day moving average (a “golden cross”), which often attracts technical traders and momentum flows. Aehr Test Systems (AEHR)’s Technical Outlook is Bright After Key Golden Cross Positive Sentiment: Analyst support — Recent upgrades and bullish notes (e.g., Craig Hallum and William Blair raising coverage) have helped justify higher price targets and likely contributed to buying interest. MarketBeat AEHR Coverage Neutral Sentiment: Recent quarter — AEHR beat EPS estimates (reported ($0.05) vs. ($0.07) expected) but revenue came in slightly below consensus, leaving fundamentals mixed despite the beat. Analysts still project modest FY growth. AEHR Quarterly Results and Estimates Negative Sentiment: Large insider sales — CEO Gayn Erickson disclosed sizable sales (SEC filing) of company stock on April 10, representing millions of dollars of shares sold; such high-profile sales can create selling pressure and raise questions about insider conviction even when explained as tax-related. CEO Erickson SEC Filing Negative Sentiment: Additional insider dispositions — Multiple officers and directors (including Fariba Danesh, Adil Engineer and others) disclosed sales totaling hundreds of thousands to millions in aggregate; filings cite tax-withholding for vested awards, but the volume may weigh on near-term sentiment. Danesh SEC Filing Engineer SEC Filing Negative Sentiment: Media aggregation of insider liquidity — Press reports summarize roughly $2.1M+ in recent insider sales, reinforcing the narrative of insider liquidity events that investors are parsing. Aehr Test Systems Director Sells $2,100,000.00 in Stock Aehr Test Systems Company Profile (Get Free Report)
Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.
The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.
Recommended Stories Five stocks we like better than Aehr Test Systems
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FREMONT, CA / ACCESS Newswire / April 16, 2026 / Aehr Test Systems (NASDAQ:AEHR), a leading provider of test and burn-in solutions for semiconductor devices used in artificial intelligence (AI), silicon photonics, data center, automotive, and industrial applications, today announced it has received a record $41 million follow-on production order from its lead hyperscale customer for package-level burn-in (PLBI) of custom AI processor ASICs. The order is the largest in Aehr's history and supports high-volume production burn-in of ASICs used in data center training and inference AI workloads.
The order includes a large quantity of Aehr's Sonoma™ high-power package-level test and burn-in systems, along with fully turnkey burn-in modules (BIMs) and device-specific sockets - the consumables required to configure the Sonoma systems for the customer's specific AI processor. Deliveries under the order are expected to begin in Aehr's fiscal 2027, which starts on June 27, 2026.
"This $41 million follow-on order from our lead hyperscale package-level burn-in customer brings our bookings in the second half of our fiscal year to more than $92 million to date with six weeks remaining in the fourth quarter and a strong pipeline of forecasted customer orders in place," said Gayn Erickson, President and Chief Executive Officer of Aehr Test Systems. "This order further validates our Sonoma platform for high-volume production burn-in of very-high-power AI processor ASICs. Our Sonoma systems first entered production with this customer last year, and this new order reflects their continued ramp in capacity for current-generation devices.
"This customer is also developing a significantly higher-power AI accelerator ASIC expected to move to production later this year, and they have already placed an initial order with us for multiple Sonoma systems to be used for production for that device. As these next-generation devices move into volume production, we see the potential for further substantial increases in demand for Sonoma systems and consumables in our next fiscal year.
"Hyperscale cloud providers are increasingly designing custom AI accelerator ASICs to optimize performance, power efficiency, and total cost of ownership for large-scale AI training and inference workloads. Industry analysts project that shipments of hyperscale-designed AI processors will grow at a compound annual growth rate exceeding 30% through 2030, driven by the rapid adoption of generative AI, large language models, and AI-enabled services across cloud computing, enterprise, and consumer applications. As AI processor power levels and integration complexity continue to increase, Aehr believes demand for high-power production burn-in solutions will scale accordingly, expanding the market opportunity for Aehr's Sonoma platform.
"With this order, Aehr has now booked over $92 million in orders in the second half of this fiscal year, already exceeding our recently increased expectations, which we provided last week, for bookings on the high side of $60 million to $80 million during this period. We also have significant additional customer demand forecasted over the next few months across multiple markets, including AI processor wafer-level and packaged-part production burn-in, silicon photonics wafer-level burn-in, and silicon carbide and gallium nitride power semiconductor wafer-level production burn-in, and we expect a portion of this demand to convert into bookings before the end of this fiscal year. These bookings, together with the growing number and breadth of customer engagements across these market segments, as well as flash and high bandwidth memory, give us improved visibility and increased confidence in significant revenue growth in fiscal 2027 and beyond.
"To support growing customer demand, Aehr recently completed a significant facility expansion, adding power, cooling infrastructure, and clean-room manufacturing space in our Fremont, California facility. In addition, this quarter we will begin shipping Sonoma systems from a newly upgraded contract manufacturing facility, with capacity for more than 20 additional systems per month. These upgrades meaningfully increase our production capacity and allow us to support very significant growth in shipments of both our Sonoma package-level and FOX™ wafer-level test and burn-in systems, as well as the associated consumables."
About Aehr Test Systems
Headquartered in Fremont, California, Aehr Test Systems is a leading provider of test solutions for testing, burning-in, and stabilizing semiconductor devices in wafer level, singulated die, and packaged part form, and has installed thousands of systems worldwide. Increasing quality, reliability, safety, and security needs of semiconductors used across multiple applications, including electric vehicles, electric vehicle charging infrastructure, solar and wind power, computing, advanced artificial intelligence (AI) processors, data and telecommunications infrastructure, and solid-state memory and storage, are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr's products and solutions. Aehr has developed and introduced several innovative products including the FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The FOX-XP and FOX-NP systems are full-wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize a wide range of devices such as leading-edge silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets, and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The FOX-CP system is a low-cost single-wafer compact test solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The FOX WaferPak Contactor contains a unique full-wafer contactor capable of testing wafers up to 300mm that enables IC manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. The FOX DiePak Carrier allows testing, burning in, and stabilization of singulated bare die and modules up to 1024 devices in parallel per DiePak on the FOX-NP and FOX-XP systems up to nine DiePaks at a time. Acquired through its acquisition of Incal Technology, Inc., Aehr's new line of high-power packaged part reliability/burn-in test solutions for AI semiconductor manufacturers, including its ultra-high-power Sonoma family of test solutions for AI accelerators, GPUs, and high-performance computing (HPC) processors, position Aehr within the rapidly growing AI market as a turnkey provider of reliability and testing that span from engineering to high volume production. For more information, please visit Aehr Test Systems' website at www.aehr.com.
Safe Harbor Statement
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or Aehr's future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "going to," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these words or other similar terms or expressions that concern Aehr's expectations, strategy, priorities, plans, or intentions. Forward-looking statements in this press release include, but are not limited to, future requirements and orders of Aehr's new and existing customers; Aehr's ability to receive orders and generate revenue in the future, as well as Aehr's beliefs regarding the factors impacting the foregoing, including the growth of the markets referred to herein; Aehr's ability to integrate Incal efficiently; and the timing and extent to which the acquisition is accretive. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Aehr's recent Form 10-K, 10-Q and other reports filed from time to time with the Securities and Exchange Commission. Aehr disclaims any obligation to update information contained in any forward-looking statement to reflect events or circumstances occurring after the date of this press release.
# # #
Contacts:
Aehr Test Systems
Vernon Rogers
EVP of Sales & Marketing [email protected]
Aehr Test Systems (AEHR +7.74%) stock is seeing another day of big gains in Thursday's trading session. The company's share price was up 13.2% as of 12:30 p.m. ET and had been up as much as 24.9% earlier in trading.
Aehr stock is surging today thanks to news that the company has landed another big contract with a cloud hyperscaler customer. As of this writing, the company's share price is now up 311% year to date.
Image source: Getty Images.
Aehr soars on new deal announcement Aehr published a press release today announcing that it had landed a $41 million production expansion order from its biggest cloud hyperscaler customer. The new purchase deal includes test and package-level burn-in solutions used for application-specific integrated circuits (ASICs) for artificial intelligence applications. Aehr will also be providing turnkey burn-in modules and device-specific sockets as part of the deal.
Today's Change
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7.74
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7.97
Current Price
$
111.00
What's next for Aehr? Aehr stock has been red hot this year as new contract wins have continued to strengthen the company's backlog outlook. With a market capitalization of roughly $2.6 billion, the company is now valued at approximately 53 times this year's expected sales. While that growth-dependent valuation suggests that Aehr stock is a risky play, the company's rapidly expanding backlog suggests the business could continue to serve up wins in conjunction with growth for ASICs and other AI chips.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Aehr Test Systems (NASDAQ:AEHR – Get Free Report) Director Rhea Posedel sold 7,500 shares of Aehr Test Systems stock in a transaction on Friday, April 17th. The shares were sold at an average price of $82.00, for a total value of $615,000.00. Following the transaction, the director directly owned 404,479 shares of the company’s stock, valued at approximately $33,167,278. The trade was a 1.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Aehr Test Systems Price Performance NASDAQ AEHR opened at $83.86 on Friday. The firm has a market cap of $2.64 billion, a PE ratio of -220.68 and a beta of 2.28. Aehr Test Systems has a one year low of $7.71 and a one year high of $91.43. The stock’s 50 day simple moving average is $42.81 and its 200 day simple moving average is $31.04.
Aehr Test Systems (NASDAQ:AEHR – Get Free Report) last released its quarterly earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. The business had revenue of $10.31 million for the quarter, compared to analyst estimates of $10.85 million. Aehr Test Systems had a negative return on equity of 7.15% and a negative net margin of 25.23%. As a group, equities analysts expect that Aehr Test Systems will post 0.1 earnings per share for the current year.
Institutional Inflows and Outflows Several large investors have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in Aehr Test Systems during the 1st quarter worth $422,000. Brady Martz Wealth Solutions LLC acquired a new position in Aehr Test Systems during the 1st quarter worth $235,000. XTX Topco Ltd lifted its holdings in Aehr Test Systems by 75.7% during the 4th quarter. XTX Topco Ltd now owns 39,225 shares of the semiconductor company’s stock worth $792,000 after buying an additional 16,897 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Aehr Test Systems by 129.9% during the 4th quarter. Wellington Management Group LLP now owns 830,664 shares of the semiconductor company’s stock worth $16,771,000 after buying an additional 469,400 shares in the last quarter. Finally, Sun Group Wealth Partners acquired a new position in Aehr Test Systems during the 4th quarter worth $355,000. Institutional investors and hedge funds own 69.69% of the company’s stock.
Aehr Test Systems News Roundup Here are the key news stories impacting Aehr Test Systems this week:
Positive Sentiment: Record $41M hyperscale AI production order — the follow‑on order is for package‑level burn‑in of custom AI ASICs and is described as the largest in company history, providing a clear near‑term revenue and capacity catalyst. Accesswire: Record $41M order Positive Sentiment: Bookings/backlog strength tied to AI/data‑center demand — company updates and coverage report second‑half bookings exceeding ~$92M and a record backlog, supporting upside to FY2027 revenue if orders convert. Benzinga: record deal & bookings Positive Sentiment: Analyst optimism and higher price targets — recent upgrades and bumped targets have reinforced investor interest and helped attract institutional/retail flows. MSN: price target increase Positive Sentiment: Technical/momentum factors may amplify moves — a recent golden‑cross and elevated short interest increase the likelihood of follow‑through and short covering when positive headlines arrive. Seeking Alpha: movers summary Neutral Sentiment: Volatility and coverage: several outlets note extreme YTD moves (one headline cites a 300% move) — useful as context for sentiment but not a direct fundamental change. InsiderMonkey: AEHR up 300% Neutral Sentiment: Mixed quarterly fundamentals — AEHR beat EPS slightly but missed revenue; execution to convert large bookings into sustained, profitable growth remains the key risk. MarketBeat: quarterly results Negative Sentiment: Clustered insider selling — multiple executives and directors disclosed sizable share sales (including director and C‑suite transactions in mid‑April), which can create near‑term selling pressure and raise investor questions about insider conviction. InsiderTrades: insider selling Negative Sentiment: Media and aggregation highlight insider liquidity events — coverage emphasizing millions in insider proceeds can weigh on sentiment even if some sales are routine or for tax purposes. TipRanks: insider sell-off Wall Street Analysts Forecast Growth A number of equities research analysts recently commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of Aehr Test Systems in a research report on Wednesday, January 21st. Wall Street Zen upgraded Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research report on Saturday, April 11th. William Blair upgraded Aehr Test Systems from a “market perform” rating to an “outperform” rating in a research report on Monday, March 2nd. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a research report on Wednesday, April 8th. Finally, Lake Street Capital restated a “buy” rating on shares of Aehr Test Systems in a research report on Wednesday, April 8th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Aehr Test Systems presently has an average rating of “Hold” and a consensus price target of $68.00.
Get Our Latest Analysis on Aehr Test Systems
Aehr Test Systems Company Profile (Get Free Report)
Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.
The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.
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Aehr Test Systems (NASDAQ:AEHR – Get Free Report) Director Fariba Danesh sold 8,000 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $82.63, for a total value of $661,040.00. Following the sale, the director owned 13,143 shares in the company, valued at approximately $1,086,006.09. The trade was a 37.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Fariba Danesh also recently made the following trade(s):
On Friday, April 10th, Fariba Danesh sold 3,500 shares of Aehr Test Systems stock. The stock was sold at an average price of $70.05, for a total value of $245,175.00. On Monday, April 13th, Fariba Danesh sold 7,000 shares of Aehr Test Systems stock. The stock was sold at an average price of $71.49, for a total value of $500,430.00. Aehr Test Systems Stock Performance AEHR opened at $83.86 on Friday. The business’s fifty day moving average is $42.81 and its two-hundred day moving average is $31.04. The company has a market cap of $2.64 billion, a price-to-earnings ratio of -220.68 and a beta of 2.28. Aehr Test Systems has a one year low of $7.71 and a one year high of $91.43.
Aehr Test Systems (NASDAQ:AEHR – Get Free Report) last posted its earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. The company had revenue of $10.31 million for the quarter, compared to the consensus estimate of $10.85 million. Aehr Test Systems had a negative return on equity of 7.15% and a negative net margin of 25.23%. On average, analysts predict that Aehr Test Systems will post 0.1 EPS for the current fiscal year.
Analyst Ratings Changes A number of research firms recently commented on AEHR. William Blair raised Aehr Test Systems from a “market perform” rating to an “outperform” rating in a research note on Monday, March 2nd. Lake Street Capital reiterated a “buy” rating on shares of Aehr Test Systems in a research report on Wednesday, April 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Aehr Test Systems in a research report on Wednesday, January 21st. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research report on Wednesday, April 8th. Finally, Wall Street Zen upgraded Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research report on Saturday, April 11th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Aehr Test Systems presently has an average rating of “Hold” and an average price target of $68.00.
Read Our Latest Research Report on Aehr Test Systems
Institutional Trading of Aehr Test Systems A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AEHR. William Blair Investment Management LLC purchased a new stake in Aehr Test Systems during the 3rd quarter worth about $26,920,000. Wellington Management Group LLP increased its stake in Aehr Test Systems by 129.9% in the fourth quarter. Wellington Management Group LLP now owns 830,664 shares of the semiconductor company’s stock valued at $16,771,000 after purchasing an additional 469,400 shares during the last quarter. Invesco Ltd. increased its stake in Aehr Test Systems by 1,137.2% in the third quarter. Invesco Ltd. now owns 366,570 shares of the semiconductor company’s stock valued at $11,037,000 after purchasing an additional 336,940 shares during the last quarter. Next Century Growth Investors LLC increased its stake in Aehr Test Systems by 99.9% in the fourth quarter. Next Century Growth Investors LLC now owns 552,506 shares of the semiconductor company’s stock valued at $11,155,000 after purchasing an additional 276,160 shares during the last quarter. Finally, Halter Ferguson Financial Inc. increased its stake in Aehr Test Systems by 41.7% in the fourth quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company’s stock valued at $12,965,000 after purchasing an additional 189,117 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.
Key Headlines Impacting Aehr Test Systems Here are the key news stories impacting Aehr Test Systems this week:
Positive Sentiment: Record $41M hyperscale AI production order — the follow‑on order is for package‑level burn‑in of custom AI ASICs and is described as the largest in company history, providing a clear near‑term revenue and capacity catalyst. Accesswire: Record $41M order Positive Sentiment: Bookings/backlog strength tied to AI/data‑center demand — company updates and coverage report second‑half bookings exceeding ~$92M and a record backlog, supporting upside to FY2027 revenue if orders convert. Benzinga: record deal & bookings Positive Sentiment: Analyst optimism and higher price targets — recent upgrades and bumped targets have reinforced investor interest and helped attract institutional/retail flows. MSN: price target increase Positive Sentiment: Technical/momentum factors may amplify moves — a recent golden‑cross and elevated short interest increase the likelihood of follow‑through and short covering when positive headlines arrive. Seeking Alpha: movers summary Neutral Sentiment: Volatility and coverage: several outlets note extreme YTD moves (one headline cites a 300% move) — useful as context for sentiment but not a direct fundamental change. InsiderMonkey: AEHR up 300% Neutral Sentiment: Mixed quarterly fundamentals — AEHR beat EPS slightly but missed revenue; execution to convert large bookings into sustained, profitable growth remains the key risk. MarketBeat: quarterly results Negative Sentiment: Clustered insider selling — multiple executives and directors disclosed sizable share sales (including director and C‑suite transactions in mid‑April), which can create near‑term selling pressure and raise investor questions about insider conviction. InsiderTrades: insider selling Negative Sentiment: Media and aggregation highlight insider liquidity events — coverage emphasizing millions in insider proceeds can weigh on sentiment even if some sales are routine or for tax purposes. TipRanks: insider sell-off About Aehr Test Systems (Get Free Report)
Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.
The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.
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Fariba Danesh, Director of Aehr Test Systems, Inc. (AEHR +7.74%), disclosed the exercise of 8,000 stock options with immediate sale of the underlying shares on April 16, 2026, as reported in the SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)8,000Transaction value~$661KPost-transaction shares (direct)13,143Post-transaction value (direct ownership)~$1.09 millionTransaction and post-transaction values based on SEC Form 4 weighted average purchase price ($82.63).
Key questionsWhat is the significance of the option exercise and immediate sale structure?
This transaction reflects the exercise of 8,000 options with a same-day disposition of the acquired shares, indicating the sale was likely driven by expiring awards and liquidity needs rather than accumulation or a directional view on the underlying stock.How does this trade compare to Danesh's historical cadence and trade capacity?
Since July of last year, Danesh has made two open-market sales with a mean size of 9,500 shares; the current transaction is in line with this cadence, but the declining direct holdings (now 13,143 shares) suggest capacity constraints will limit future trade sizes unless new awards are granted.What is the impact on overall ownership and remaining exposure?
Following this sale, Danesh retains direct ownership of 13,143 shares (~$1.09 million as of April 16, 2026), with no indirect holdings, representing a 0.04% ownership stake in the company on a post-transaction basis.How does the transaction value relate to recent market prices and stock performance?
The shares were sold at a weighted average price around $82.63 per share, with the stock up 890.8% year-over-year as of April 16, 2026, suggesting the sale captured substantial gains realized during a period of pronounced share price appreciation.Company overviewMetricValuePrice (as of market close 4/16/26)$80.85Market capitalization$2.64 billionRevenue (TTM)$45.26 million1-year price change*890.8%* 1-year price change calculated using April 16th, 2026 as the reference date.
Company snapshotAehr Test Systems provides test and burn-in systems for logic, optical, and memory integrated circuits, including the ABTS and FOX-P families, WaferPak contactors, and DiePak carriers.It generates revenue by selling proprietary test equipment and consumables to semiconductor manufacturers, supporting both production and qualification testing of advanced ICs.The company serves global semiconductor manufacturers, targeting customers requiring high-reliability testing for logic, memory, photonics, and system-on-chip devices.Aehr Test Systems is a specialized provider of advanced test and burn-in solutions for the semiconductor industry, leveraging proprietary technologies to address the reliability and performance needs of integrated circuit manufacturers.
The company’s scalable systems support a range of device types, enabling customers to efficiently qualify and test complex chips at wafer and package level. Aehr’s focus on full-wafer and die-level testing positions it as a key partner for semiconductor firms seeking to ensure product quality in high-growth markets.
What this transaction means for investorsThe April 16 sale of Aehr Test Systems stock by Board of Directors member Fariba Danesh is not necessarily a warning sign for investors. Her sale involved restricted stock units (RSUs) that were set to expire in 2028, so she could have been taking advantage of Aehr’s sharp share price increase to exercise the RSUs.
Aehr’s stock soared to a 52-week high of $91.43 on the day Danesh sold her shares. The reason for the increase was the company’s announcement that day of a $41 million order from an AI hyperscale customer, the largest production order in Aehr’s history.
The rise of artificial intelligence has led to massive global demand for the semiconductor components that Aehr’s equipment tests for quality. As a result, the company’s business is seeing strong bookings. However, this has yet to translate into revenue with $10.3 million in sales for its fiscal third quarter ended Feb. 27, down from the prior year’s $18.3 million.
That’s why the announcement of an order from an AI hyperscaler excited investors, as it suggests sales could start to rise. But as a result, Aehr’s stock valuation is at a high point for the past year with a lofty price-to-sales ratio exceeding 55. This suggests now is a good time to sell, but not to buy.
Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The small semiconductor stock Aehr Test Systems NASDAQ: AEHR is generating increasing interest from customers and investors alike in 2026. On the year, Aehr has now soared more than 350%, making it one of the best performers in the entire U.S. stock market.
Aehr Test Systems Today
AEHR
Aehr Test Systems
$111.56 +8.53 (+8.27%)
As of 03:31 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$10.89▼
$121.80Price Target$68.00
Driving Aehr’s success is the company’s accelerating demand from artificial intelligence (AI) customers. Aehr’s two most important products are its Sonoma and FOX-XP systems. These machines expose AI chips or wafers to extreme conditions, stress-testing them to prevent faulty products from entering data centers. With companies spending billions of dollars a year on the AI infrastructure build-out, Aehr's machines are helping protect these investments.
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After receiving a string of orders, Aehr just added its biggest one yet.
Hyperscaler Re-Ups on Sonoma With Record $41 Million OrderIn mid-April, Aehr said it had received a record $41 million production order from its lead hyperscale customer. According to the company, “The order is the largest in Aehr’s history." This order is for the firm’s Sonoma systems. Sonoma tests chips after packaging, while FOX-XP tests at the earlier wafer level.
This customer will use Sonoma to test its current-generation AI processor application-specific integrated circuits (ASICs). AI processor ASICs are also often referred to as “custom silicon" or XPUs. Companies like Broadcom NASDAQ: AVGO and Marvell Technology NASDAQ: MRVL co-develop these types of chips with massive hyperscalers like Meta Platforms NASDAQ: META or Amazon.com NASDAQ: AMZN. Evoking these names aims to provide investors with a reference point, not to speculate on who Aehr’s customers may be.
Importantly, this is another follow-on order for the customer’s current generation chip testing needs. Aehr made similar announcements back in both July 2025 and August 2025. Notably, Aehr did not specify the size of these orders, suggesting they were more modest in scale.
This indicates that Aehr’s customer has found significant value in the Sonoma systems, causing them to keep coming back for more. Additionally, the customer appears to have significantly increased their commitment to Sonoma, resulting in the firm's largest order ever. This is yet another sign of Aehr validating its competitive position within the AI infrastructure landscape.
Aehr’s Orders Shoot to Over $90 Million, Far Above Previous EstimatesNow, Aehr has blown past its order forecasts. Previously, the company had expected to generate orders between $60 million and $80 million in the second half of its fiscal year 2026 (H2 FY2026). There are now approximately five weeks left in Aehr’s FY2026, as its fiscal reporting period is several quarters ahead of the calendar year period.
Overall MarketRank™39th Percentile
Analyst RatingHold
Upside/Downside38.1% Downside
Short Interest LevelHealthy
Dividend StrengthN/A
News Sentiment1.03 Insider TradingSelling Shares
Proj. Earnings GrowthGrowing
See Full Analysis
With its latest announcement, the company’s H2 FY2026 orders have risen to over $92 million. That is approximately 31% higher than the midpoint of its past guidance. Given the rapid pace at which Aehr has been announcing orders, this figure could move even higher.
Aehr is also working with this customer on its next-generation AI processor ASIC. It received an initial order to provide Sonoma systems for this device in February. Aehr expects this next-generation chip to move into production at some point in calendar year 2026.
Notably, the company says, “As these next-generation devices move into volume production, we see the potential for further substantial increases in demand for Sonoma systems and consumables in our next fiscal year.” Given the repeat orders that Aehr has received for the current-generation device, it would not be overly surprising to see this continue with the next-generation device.
Aehr is generating orders and interest from customers involved in a variety of data center components. This includes the aforementioned hyperscaler and a silicon photonics customer. Silicon photonics is a networking technology that enables different data center components to communicate.
Aehr also says it is engaging with potential customers that provide flash memory and high-bandwidth memory. Flash memory players include firms like SanDisk NASDAQ: SNDK, while Micron Technology NASDAQ: MU is a notable name in high-bandwidth memory. Again, this is simply for investors' reference, not a suggestion that Aehr has engaged with these specific companies.
Aehr Issues Shares, Adding Tens of Millions to Its Balance SheetInterestingly, Aehr has recently issued a significant number of shares, generating gross proceeds of $60 million. Although this is dilutive to shareholders, it will dramatically improve Aehr’s cash position. The company’s cash and equivalents were approximately $36.9 million at the end of its latest quarter.
For a company like Aehr that is seeing its demand inflect, this is largely a positive sign. It suggests that Aehr needs extra cash to expand production capacity and deliver the products that customers have ordered. Adding capacity can also help the company serve future orders it may receive.
Should You Invest $1,000 in Aehr Test Systems Right Now?Before you consider Aehr Test Systems, you'll want to hear this.
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Rhea J. Posedel, a member of the Board of Directors and the founder of Aehr Test Systems (AEHR +7.74%), reported the open-market sale of 17,719 shares of common stock for approximately ~$1.77 million, according to the SEC Form 4 filing.
Transaction summaryMetricValueShares sold17,719Shares sold (direct)17,115Shares sold (indirect)604Transaction value~$1.77 millionPost-transaction shares (direct)45,261Post-transaction shares (indirect)396,375Post-transaction value (direct ownership)~$4.52 millionTransaction and post-transaction values based on SEC Form 4 weighted average sale price ($99.83).
Key questionsHow does this transaction compare to Posedel’s historical trade sizes and cadence?
This sale of 17,719 shares is below the historical average sell-only trade size of 25,063 shares but aligns with a pattern of regular disposals over the past year as available holdings have declined.What was the impact of this transaction on Posedel’s ownership structure?
45,261 shares were held directly and 396,375 shares held indirectly via trust after the transaction, with direct holdings now representing 0.14% of the company’s outstanding shares as of the transaction date.Was the transaction executed at a premium or discount to recent market prices?
The weighted average sale price of around $99.83 per share was approximately 2.5% above the April 22, 2026 closing price of $97.36, indicating execution within the daily trading range.Does the transaction indicate a shift in Posedel’s disposition strategy or reflect limited remaining share capacity?
Recent sales have become smaller as a function of diminished direct holdings, suggesting the reduced volume is primarily driven by declining available share capacity rather than a change in disposition approach.Company overviewMetricValueRevenue (TTM)$45.26 millionNet income (TTM)($11.42 million)Employees1151-year price change1,076%* 1-year price change calculated using April 22nd, 2026 as the reference date.
Company snapshotAehr Test Systems offers test and burn-in systems for logic, optical, and memory integrated circuits, including the ABTS and FOX-P product families, WaferPak and DiePak solutions.The company generates revenue by selling advanced semiconductor test equipment and related services to integrated circuit manufacturers.Primary customers are global semiconductor manufacturers requiring high-reliability testing for memory, logic, and photonic devices.Aehr Test Systems focuses on providing advanced test and burn-in solutions for the semiconductor industry, enabling customers to ensure the reliability and performance of integrated circuits.
The company leverages proprietary technologies such as full wafer probe cards and reusable test carriers to address the needs of high-volume and high-complexity device manufacturers. Its specialized product suite and targeted customer base position Aehr Test Systems as a niche provider in the semiconductor equipment market.
What this transaction means for investorsAehr Test Systems founder and Board of Directors member Rhea Posedel’s April 22 sale of company stock is understandable given the massive increase in share price. The April 16 announcement of a record $41 million order from an AI hyperscale customer propelled shares to a 52-week high of $102.48 on April 24, just days after Posedel’s disposition.
Aehr’s solutions are seeing strong demand because of their application towards testing for artificial intelligence systems. This led to more than $37 million in quarterly bookings in its fiscal third quarter ended Feb. 27.
However, this has not translated into revenue growth yet. In fiscal Q3, sales totaled $10.3 million, down from $18.3 million in the prior year. Investors believe Aehr’s growth in orders will eventually translate into higher sales.
This positive investor outlook led to Aehr stock reaching a sky-high price-to-sales ratio of 64, a multi-year peak. Consequently, now is a good time to sell shares, but those interested in buying should wait for the stock price to drop first.
Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Aehr Test Systems (AEHR - Free Report) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Aehr Test Systems currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for AEHR that show why this company shows promise as a solid momentum pick.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.
For AEHR, shares are up 14.37% over the past week while the Zacks Electronics - Measuring Instruments industry is up 8.99% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 106.59% compares favorably with the industry's 17.62% performance as well.
While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of Aehr Test Systems have increased 243.31% over the past quarter, and have gained 859.09% in the last year. On the other hand, the S&P 500 has only moved 2.81% and 29.8%, respectively.
Investors should also pay attention to AEHR's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. AEHR is currently averaging 4,503,757 shares for the last 20 days.
Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with AEHR.
Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. This revision helped boost AEHR's consensus estimate, increasing from -$0.16 to -$0.10 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.
Bottom LineGiven these factors, it shouldn't be surprising that AEHR is a #2 (Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Aehr Test Systems on your short list.
Shares of Aehr Test Systems (AEHR +7.74%) soared 144.2% in April 2026, according to data from S&P Global Market Intelligence. No, that's not a typo; the semiconductor test equipment maker more than doubled in price last month. Of course, seasoned Aehr investors saw the surge as a natural extension of prevailing trends. As of this writing on May 5, for example, Aehr's stock has gained a staggering 1,004% in 52 weeks.
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Mixed earnings, but investors didn't care Big moves have become the routine for Aehr and its investors. There were 21 market days in April. Aehr shares rose at least 5% on 7 of those days, led by a 25.7% increase on April 8. It also fell 5% or more on two occasions.
I won't dive in to explain all 9 of last month's significant price swings. Let's just focus on a handful of big days, looking for repeated patterns.
As it turns out, Aehr's investors aren't exactly craving perfect financials at this point. The company reported Q3 2026 results on April 7, and the numbers weren't that impressive. Net losses were slightly smaller than expected, but $10.3 million in sales fell short of analysts' expectations at $10.8 million. And management simply reiterated existing guidance targets based on Q3 results and current market trends.
Many stocks would fall on news like that, but I already highlighted the following day as the absolute highlight of Aehr's April action. You see, Aehr is collecting orders faster than it can make equipment. The backlog of unfilled orders was worth $38.7 million at the end of the quarter, up from $18.2 million in the year-ago period. That's the fuel for Aehr's fires.
On the earnings call, management highlighted a unique growth driver for the next few quarters. Some of Aehr's tools can be used to burn-in freshly manufactured semiconductor chips. The process weeds out manufacturing problems before they become costly product recalls, and generally extends the useful life of each burnt-in chip. Most chipmakers haven't made burn-in a standard part of their manufacturing process yet -- but that's changing.
Burn-in expansion should keep those Aehr system orders coming for a while. Investors are embracing that promising growth vector.
Image source: Getty Images.
Aehr's backlog keeps getting bigger Aehr didn't have news of its own on most of the good days. The stock tends to rise when the semiconductor sector as a whole is surging, and that was a common theme in April 2026. That being said, Aehr also unveiled the largest order in its history on April 16, with a $41 million follow-on order from an existing hyperscale customer. The order included the Sonoma high-end testing system and several burn-in modules, with revenue-generating shipments expected to start in fiscal year 2027.
Including this order and other deals entered after the end of Q3, Aehr has added more than $92 million to its backlog in the second half of fiscal 2026.
The stock trades at lofty valuation ratios despite very small revenue streams and negative earnings. But I get why Aehr investors are getting excited about the company's explosive order growth. Just make sure you can deal with Aehr's valuation (608x forward earnings isn't for the faint of heart) and execution risks before buying the stock.
Semiconductor stocks have been at the heart of the artificial intelligence (AI) boom. That's because the chips and equipment are necessary to handle the massive computing power needed for AI workloads.
Chipmakers like Nvidia, Broadcom, and AMD, to name a few, have been juggernauts over the past several years, but they have come back to Earth a bit in 2026. For the most part, that's due more to their unsustainably high multiples rather than a slowdown in revenue or earnings.
But some semiconductor stocks have not slowed down at all in 2026. One of them is Aehr Test Systems (AEHR +7.74%). Aehr has obliterated Nvidia, Broadcom, and AMD, along with most other chipmakers, returning 327% so far in 2026.
Is it too late to buy Aehr Test Systems? Let's take a look.
Image source: Getty Images.
Meet the specialized equipment maker There are a lot of different types of semiconductor stocks that serve different niches within the AI ecosystem -- and not all of them actually make the chips. Aehr, in fact, doesn't make chips; they make the machines and systems to test chips, whether it's chips for EVs, data centers, memory and storage, or whatever.
While there are some major competitors in the space, both in the U.S. and internationally, Aehr is seen as the leader in wafer-level testing -- which is where it tests multiple chips at once on the large wafer, as opposed to individually.
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Aehr's two biggest markets are testing for EVs and data centers, but as of late, more of the revenue share is coming from data center testing.
In the most recent quarter, revenue was only about $10 million, and the firm expects about $45 million to $50 million for the fiscal year, which ends May 30.
But it has a growing backlog of contracts that have created bullish sentiment on Wall Street. The company reported $37 million in bookings when it reported fiscal third-quarter earnings in April, along with a backlog of about $51 million, including new bookings.
But a couple of weeks ago, Aehr reported a record $41 million production order from a hyperscaler customer, which brought its bookings up to $92 million.
And there is potential for future orders from this hyperscaler, which is building an AI accelerator.
This news, along with earnings, skyrocketed Aehr's stock price by some 186% since March 30 to over $86 per share.
Is Aehr Test Systems stock a buy? After such a meteoric rise in the past month, is it too late to jump on the rocket ship that is Aehr Test Systems? Yes and no.
Yes, because the company is still operating at a net loss and saw adjusted earnings and revenue shrink in the last quarter. This surge in bookings is great for its long-term prospects, but right now, the stock is way overvalued with a price-to-sales ratio of about 62.
The stock has trended about 11% lower since peaking at a closing high of around $97 per share on April 22. I wouldn't be shocked to see it move even lower as some investors take profits.
Wall Street analysts have a median price target of $67 per share, which would suggest that the price sinks about 24% from its current level.
But over the longer term, about 60% of analysts still see Aehr stock as a buy. That's based on the fact, most likely, that it has a growing backlog of bookings that should lead to increasing growth in the years ahead. Analysts anticipate 71% revenue growth in fiscal 2027 and earnings to increase to $0.15 per share, up from an estimated net loss of $0.09 per share this fiscal year.
Investors may want to tune in to Aehr's fourth-quarter earnings report on July 14 for more information on their outlook for the next fiscal year.
So, Aehr is definitely a stock to buy, but maybe just not right now after such a rocket ride.
On May 13, 2026, Aehr Test Systems AEHR shares rose 6.8% today, bringing the current price to $103.23. The stock has seen a remarkable price performance, ranging from a 52-week low of $8.31 to a high of $107.00.
GF Value™ verdict: Current price is $103.23 vs GF Value™ of $13.57, indicating a 660.7% overvaluation.GF Score™ of 69/100 suggests an above-average potential for generating long-term returns.Notable signal: Insiders sold $42.2M worth of stock in the last three months without any buying activity. Is AEHR Overvalued or Undervalued? Aehr Test Systems AEHR is currently trading significantly above its GF Value™, which is calculated at $13.57. This valuation indicates that the stock is overvalued by approximately 660.7%. The GF Valuation label classifies AEHR as "Significantly Overvalued," highlighting the risk of potential price corrections if the stock fails to meet growth expectations. While the recent price momentum and historic returns may attract attention, the substantial disparity between the market price and intrinsic value suggests caution.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current market conditions, investors might consider the margin of safety when assessing AEHR's valuation. Being significantly overvalued poses risks should the company's performance falter or if market sentiment shifts.
How Does AEHR's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 688.3x 39.7x The current forward P/E of 688.3x is significantly above the 5-year median P/E of 39.7x, indicating that AEHR is trading well above its historical valuation levels. This P/E analysis aligns with the GF Value™ verdict, reinforcing the notion that AEHR is overvalued in the current market environment.
What Does AEHR's GF Score™ Tell Us? Metric Rating GF Score™ 69 Financial Strength 8/10 Profitability 4/10 Growth 9/10 Valuation 1/10 Momentum 3/10 The GF Score™ of 69/100 indicates that Aehr Test Systems has above-average potential for long-term returns. The strongest area is its Growth rank of 9/10, suggesting robust growth prospects. However, the Valuation rank at 1/10 raises concerns about the sustainability of current prices. The Financial Strength score of 8/10 provides some reassurance, but the overall picture reflects a company that may be facing valuation pressures despite promising growth metrics.
What Are Insiders Doing with AEHR Stock? Insider activity at Aehr Test Systems has been notably negative, with insiders selling $42.2 million worth of shares in the last three months without a single instance of buying. This trend could suggest a lack of confidence from those closest to the company regarding its current valuation and future performance. Such selling may be a red flag for potential investors, indicating that insiders may not believe the stock is a sound investment at current prices.
What This Means for Investors Based on the GF Value™ assessment, Aehr Test Systems appears to be significantly overvalued at its current price of $103.23. Investors should approach this stock with caution, given the disparity between its market price and intrinsic value.
For the complete analysis, visit the Aehr Test Systems AEHR stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is AEHR's GF Score™?
AEHR's GF Score™ is 69/100, indicating above-average potential for generating long-term returns based on various performance metrics.
Is AEHR overvalued or undervalued?
AEHR is considered significantly overvalued, with the current price of $103.23 far exceeding the GF Value™ estimate of $13.57.
What is AEHR's P/E ratio?
AEHR's forward P/E is 688.3x, which is significantly higher than its 5-year median P/E of 39.7x, indicating a substantial overvaluation relative to its historical trading levels.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Aehr Test Systems (AEHR - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Aehr Test Systems is one of 594 companies in the Computer and Technology group. The Computer and Technology group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aehr Test Systems is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AEHR's full-year earnings has moved 22.5% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, AEHR has gained about 426.7% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 18.7% on average. As we can see, Aehr Test Systems is performing better than its sector in the calendar year.
Cisco Systems (CSCO - Free Report) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 50%.
The consensus estimate for Cisco Systems' current year EPS has increased 0.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Aehr Test Systems belongs to the Electronics - Measuring Instruments industry, which includes 5 individual stocks and currently sits at #4 in the Zacks Industry Rank. This group has gained an average of 80.1% so far this year, so AEHR is performing better in this area.
Cisco Systems, however, belongs to the Computer - Networking industry. Currently, this 7-stock industry is ranked #78. The industry has moved +49.6% so far this year.
Investors interested in the Computer and Technology sector may want to keep a close eye on Aehr Test Systems and Cisco Systems as they attempt to continue their solid performance.
FREMONT, CA / ACCESS Newswire / May 21, 2026 / Aehr Test Systems (NASDAQ:AEHR), a leading provider of test and burn-in solutions for semiconductor devices used in artificial intelligence (AI), silicon photonics, data center, automotive, and industrial applications, today announced that CFO Chris Siu will be participating in one-on-one meetings with institutional investors at the 23rd Annual Craig-Hallum Institutional Investor Conference taking place Thursday, May 28, 2026 at the Depot Renaissance Hotel in Minneapolis.
For additional information, or to schedule a meeting with Aehr Test Systems, please contact your Craig-Hallum representative, or Aehr's investor relations firm, PondelWilkinson, Inc., at [email protected].
About Aehr Test Systems
Headquartered in Fremont, California, Aehr Test Systems is a leading provider of test solutions for testing, burning-in, and stabilizing semiconductor devices in wafer level, singulated die, and packaged part form, and has installed thousands of systems worldwide. Increasing quality, reliability, safety, and security needs of semiconductors used across multiple applications, including electric vehicles, electric vehicle charging infrastructure, solar and wind power, computing, advanced artificial intelligence (AI) processors, data and telecommunications infrastructure, and solid-state memory and storage, are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr's products and solutions. Aehr has developed and introduced several innovative products including the FOX-PTM families of test and burn-in systems and FOX WaferPak™ Aligner, FOX WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The FOX-XP and FOX-NP systems are full-wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize a wide range of devices such as leading-edge silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets, and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The FOX-CP system is a low-cost single-wafer compact test solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The FOX WaferPak Contactor contains a unique full-wafer contactor capable of testing wafers up to 300mm that enables IC manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. The FOX DiePak Carrier allows testing, burning in, and stabilization of singulated bare die and modules up to 1024 devices in parallel per DiePak on the FOX-NP and FOX-XP systems up to nine DiePaks at a time. Acquired through its acquisition of Incal Technology, Inc., Aehr's new line of high-power packaged part reliability/burn-in test solutions for AI semiconductor manufacturers, including its ultra-high-power Sonoma family of test solutions for AI accelerators, GPUs, and high-performance computing (HPC) processors, position Aehr within the rapidly growing AI market as a turnkey provider of reliability and testing that span from engineering to high volume production. For more information, please visit Aehr Test Systems' website at www.aehr.com.
FREMONT, CA / ACCESS Newswire / May 28, 2026 / Aehr Test Systems (NASDAQ:AEHR), a leading provider of test and burn-in solutions for semiconductor devices used in artificial intelligence (AI), silicon photonics, data center, automotive, and industrial applications, today announced that that President and CEO Gayn Erickson and CFO Chris Siu will be presenting at the William Blair 46th Annual Growth Stock Conference in Chicago on Tuesday, June 2 at 4:40pm CT (2:40pm PT)and will be meeting with institutional investors throughout the day.
You may register to access a live or replay audio webcast of the presentation via a link posted to the investor relations section of Aehr's website at www.aehr.com or by clicking here.
"We look forward to discussing with investors and shareholders Aehr's expanding role in enabling the next generation of semiconductor devices across a wide range of markets," said Mr. Erickson. "Aehr delivers complete turnkey solutions that improve the quality, reliability, and yield of semiconductors used in critical applications, including AI processors in cloud computing and data centers, silicon carbide devices in electric vehicles and charging infrastructure, gallium nitride for advanced power conversion, and silicon photonics for data centers, 5G infrastructure and optical input/output (I/O). We are seeing strong traction with AI processors in both wafer-level and package-level formats. The growing adoption of wafer-level and package-level test and burn-in across these markets is expected to be a significant growth driver for Aehr Test Systems."
For additional information, or to schedule a meeting with Aehr management, please contact your William Blair representative, or Aehr's investor relations firm, PondelWilkinson, Inc., at [email protected].
About Aehr Test Systems
Headquartered in Fremont, California, Aehr Test Systems is a leading provider of test solutions for testing, burning-in, and stabilizing semiconductor devices in wafer-level, singulated die, and package-level form, and has installed thousands of systems worldwide. Increasing quality, reliability, safety, and security needs of semiconductors used across multiple applications, including electric vehicles, electric vehicle charging infrastructure, solar and wind power, computing, advanced artificial intelligence (AI) processors, data and telecommunications infrastructure, and solid-state memory and storage, are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr's products and solutions. Aehr has developed and introduced several innovative products including the FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The FOX-XP and FOX-NP systems are full-wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize a wide range of devices such as leading-edge silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets, and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The FOX-CP system is a low-cost single-wafer compact test solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The FOX WaferPak Contactor contains a unique full-wafer contactor capable of testing wafers up to 300mm that enables IC manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. The FOX DiePak Carrier allows testing, burning in, and stabilization of singulated bare die and modules up to 1024 devices in parallel per DiePak on the FOX-NP and FOX-XP systems up to nine DiePaks at a time. Acquired through its acquisition of Incal Technology, Inc., Aehr's new line of high-power package-level reliability/burn-in test solutions for AI semiconductor manufacturers, including its ultra-high-power Sonoma family of test solutions for AI accelerators, GPUs, and high-performance computing (HPC) processors, position Aehr within the rapidly growing AI market as a turnkey provider of reliability and testing that span from engineering to high volume production. For more information, please visit Aehr Test Systems' website at www.aehr.com.
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Aehr Test Systems (AEHR - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.
Aehr Test Systems is one of 593 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aehr Test Systems is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AEHR's full-year earnings has moved 22.5% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, AEHR has gained about 357.3% so far this year. In comparison, Computer and Technology companies have returned an average of 21.3%. This means that Aehr Test Systems is outperforming the sector as a whole this year.
One other Computer and Technology stock that has outperformed the sector so far this year is Cisco Systems (CSCO - Free Report) . The stock is up 56.3% year-to-date.
For Cisco Systems, the consensus EPS estimate for the current year has increased 0.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Aehr Test Systems belongs to the Electronics - Measuring Instruments industry, a group that includes 5 individual companies and currently sits at #7 in the Zacks Industry Rank. On average, this group has gained an average of 69.3% so far this year, meaning that AEHR is performing better in terms of year-to-date returns.
In contrast, Cisco Systems falls under the Computer - Networking industry. Currently, this industry has 7 stocks and is ranked #30. Since the beginning of the year, the industry has moved +56%.
Investors with an interest in Computer and Technology stocks should continue to track Aehr Test Systems and Cisco Systems. These stocks will be looking to continue their solid performance.
Record Quarterly and Annual Revenues, Up 48.4% and 11.7% Year-Over-Year, RespectivelyFirst GAAP Profitable Quarter; Adjusted Net Income1 (Non-GAAP) Up 96.4% Year-Over-YearNon-GAAP Profitability1 Achieved for Second Consecutive YearEH216-S Commercial Operations in China Expected to Launch in March 2026VT35 Unveiled with First Public Demonstration Flight; Initial Deliveries CompletedThailand AAM Sandbox Trials and Commercial Operation License in Progress GUANGZHOU, China, March 12, 2026 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading advanced air mobility (“AAM”) technology platform company, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025.
Operational and Financial Highlights for the Fourth Quarter of 2025
Sales and deliveries of electric vertical take-off and landing (“eVTOL”) aircraft achieved a record-high of 100 units, including 95 units of EH216 series2 and five units of VT35, compared with 78 units of EH216 series in the fourth quarter of 2024, and 41 units of EH216 series and one unit of VT35 in the third quarter of 2025. Total revenues were RMB243.8 million (US$34.9 million), up 48.4% YoY from RMB164.3 million in the fourth quarter of 2024, and up 163.6% QoQ from RMB92.5 million in the third quarter of 2025.Gross margin was 62.1%, a slight increase from 60.7% in the fourth quarter of 2024 and 60.8% in the third quarter of 2025.Operating loss was RMB6.6 million (US$0.9 million), a significant improvement from RMB56.0 million in the fourth quarter of 2024 and RMB91.7 million in the third quarter of 2025.Net income was RMB10.5 million (US$1.5 million), a significant turnaround from a net loss of RMB46.9 million in the fourth quarter of 2024 and RMB82.1 million in the third quarter of 2025, achieving the first quarter of GAAP profitability.Adjusted operating income3 (non-GAAP) was RMB54.3 million (US$7.8 million), up 99.5% from RMB27.2 million in the fourth quarter of 2024, and turnaround from adjusted operating loss3 of RMB29.9 million in the third quarter of 2025. Adjusted net income1 (non-GAAP) was RMB71.5 million (US$10.2 million), representing a substantial increase of 96.4% from RMB36.4 million in the fourth quarter of 2024, and a significant turnaround from adjusted net loss1 of RMB20.3 million in the third quarter of 2025. Cash and cash equivalents, restricted short-term deposits and short-term investments balances were RMB1.13 billion (US$161.5 million) as of December 31, 2025. Operational and Financial Highlights for the Fiscal Year 2025
Sales and deliveries of electric vertical take-off and landing (“eVTOL”) aircraft achieved a record-high of 221 units, including 215 units of EH216 series and six units of VT35, compared with 216 units of EH216 series in 2024. Total revenues reached a record-high of RMB509.5 million (US$72.9 million), up 11.7% from RMB456.2 million in 2024. Gross margin was 62.0%, a slight increase from 61.4% in 2024. Operating loss was RMB266.3 million (US$38.1 million), compared with RMB254.1 million in 2024. Net loss was RMB231.0 million (US$33.0 million), compared with RMB230.0 million in 2024. Adjusted operating loss3 (non-GAAP) was RMB20.2 million (US$2.9 million), compared with adjusted operating income3 (non-GAAP) of RMB19.0 million in 2024. Adjusted net income1 (non-GAAP) was RMB29.4 million (US$4.2 million), compared with RMB43.1 million in 2024, achieving non-GAAP profitability1 for the second consecutive year.Cash and cash equivalents, restricted short-term deposits and short-term investments balances were RMB1.13 billion (US$161.5 million) as of December 31, 2025. Business Highlights for the Fourth Quarter of 2025 and Recent Developments
Progress on EH216-S Commercial Operations in China
EHang expects to officially commence EH216-S commercial operations in China in March 2026. The first two operators with Air Operator Certificate (“OC”) -- EHang General Aviation and Heyi Aviation -- are expected to launch ticketed aerial sightseeing services for the public at EHang Future City, its headquarters in Guangzhou and Luogang Park in Hefei, marking the transition from internal trial run to commercial operations.
Over recent months of internal trial operations, EHang has refined standard operational procedures, maintenance systems, and fleet management processes to support safe and reliable operations as well as smooth user experience. The Civil Aviation Administration of China (“CAAC”) has recognized the safe operational records and continued to support the certified eVTOL operators to initiate public commercial operations by expanding the pool of specially authorized ground operating crew for EHang recently. In parallel, EHang is advancing with the CAAC to establish the ground crew training standard and system for EH216-S. As a trial program, this initiative represents the first-ever training framework for pilotless human-carrying eVTOL aircraft in China, laying a solid foundation for regulatory compliance and talent development ahead of large-scale commercial operations.
EH216-S Completes First Cross-Province Flight Crossing Qiongzhou Strait
In December 2025, the EH216-series pilotless eVTOL successfully completed a 22-kilometer flight across the Qiongzhou Strait from Hainan Province to Guangdong Province. This 18-minute flight route shows a significant efficiency in air mobility, in contrast to a ferry ride which typically takes 60–90 minutes. Powered by the high-energy solid-state lithium battery co-developed with Inx Energy, it showcased point-to-point flight operational capabilities in the complex sea environment and practical applications such as inter-provincial transport, island logistics, and maritime emergency response.
VT35 Launch and Public Demo Flight
In October 2025, EHang unveiled the VT35, a next-generation long-range lift-and-cruise pilotless eVTOL upgraded from the VT30, with a design range of approximately 200 kilometers. The VT35 expands EHang’s product portfolio into intercity mobility scenarios and its compact design is to be compatible with EH216-S vertiports in urban environment.
The VT35 completed its first public demonstration flights in Hefei in December 2025, marking an important milestone in validating its operational capabilities. The aircraft is currently progressing through type certification with the CAAC. To date, it has completed transition flight tests and fixed-wing flight tests and entered the flight envelope performance testing phase to validate overall aircraft performance and system-level capabilities.
EH216-S and GD4.0 Formation Flights Shined at China Spring Festival Gala
EHang performed splendid flight shows with 16 units of EH216-S pilotless eVTOL aircraft and 22,580 units of GD4.0 formation drones at the CMG 2026 China Spring Festival Gala Hefei venue in February 2026. It refreshed the Guinness World Records™ title for "the most multirotor/drones airborne simultaneously from a single computer", demonstrating EHang’s intelligent command-and-control technologies and centralized air management capabilities for large-scale fleet operations.
Global Expansion
Thailand: Building on the AAM Sandbox Initiative launched in October 2025, EHang has conducted a series of EH216-S validation test flights and continuous trial operations within the Thailand AAM Sandbox areas in Bangkok, in coordination with the Civil Aviation Authority of Thailand (“CAAT”) and local partners.
With five-month preparation and operational readiness, EHang is expected to obtain the first overseas commercial operation license for EH216-S pilotless eVTOL aircraft after the CAAT’s final approval. It will truly achieve normalized urban air mobility services. Several commercial operation sites are being planned, including the one near IMPACT Challenger in Bangkok, where the ICAO Advanced Air Mobility Symposium will be held in December 2026.
The Sandbox Initiative follows a “prove safety, then scale” approach with the expectation to expand to more locations including Chiang Mai, Phuket and Pattaya with strong demand for airport shuttle service, aerial sightseeing and cross-island travel. It will provide a scalable pathway for scalable eVTOL operations and potential broader adoption across Southeast Asia.
Qatar: In November 2025, the EH216-S conducted multiple trial air taxi flights, including point-to-point and human-carrying flights, in central Doha with operational authorization from the Qatar Civil Aviation Authority and support from the Ministry of Transport of Qatar. The flights connected designated urban locations with notable time saving compared to ground transportation and demonstrated pilotless eVTOL operations in a dense city environment. Japan: In October 2025, the EH216-S completed human-carrying pilotless flights at the Gotemba Premium Outlets near Mount Fuji in collaboration with local partners - Mitsubishi Estate, Mitsubishi Estate-Simon, and AirX. EHang’s eVTOL flight footprint further extended to 18 cities in Japan. Manufacturing
Yunfu Production Facility: Following the completion of the Phase II plant, EHang's Yunfu Production Facility is expanded to 48,000 square meters with the total annual production capability increase to 1,000 eVTOL units and components. The Phase II plant has entered trial operations and is engineered to enhance production quality and efficiency by smart manufacturing, featuring a full-process Manufacturing Execution System, paperless operations, Automated Guided Vehicles for automated material calling and delivery, and visual error-proofing systems.Beijing Production Facility: In December, the first EH216-F firefighting eVTOL aircraft rolled off the assembly line at its Low-Altitude Emergency Rescue Equipment Headquarters in Fangshan District, Beijing. This milestone marked the initial operational readiness of the facility for emergency rescue aircraft assembly, following a year of strategic cooperation with the local government. Management Remarks
Mr. Huazhi Hu, Founder, Chairman and Chief Executive Officer of EHang: “2025 was a pivotal year for EHang as we solidified our commercial foundation and achieved critical breakthroughs. We achieved 100 units in quarterly eVTOL deliveries in Q4 and hit a record-high annual deliveries of 221 units. These accomplishments are the result of our years of sustained dedication to innovation, certifications, industrial layout and market expansion. This month, we will launch commercial flight services for EH216-S pilotless human-carrying eVTOL in Guangzhou and Hefei. EHang is evolving from an aircraft manufacturer into a one-stop provider of integrated advanced air mobility solutions.
As we stand at the starting point of China’s 15th Five-Year Plan, with the low-altitude economy elevated to a national strategic emerging pillar industry and embracing unprecedented strategic opportunities, EHang’s core strategies for 2026 will focus on disciplined execution. We will advance the routine commercial operation of human-carrying eVTOL, accelerate the airworthiness certification and commercialization of the VT35, deepen the layout of overseas markets such as Thailand and build benchmark operational models, while continuously strengthening our end-to-end industrial chain integration capabilities. Adhering to the principles of ‘safety first, innovation-driven growth, and collaborative development’, we will leverage our comprehensive development model integrating technology R&D, intelligent manufacturing, and commercial operational services to drive the low-altitude economy’s evolution from demonstration programs to scaled commercial operations and accessible public services, fully translating industrial value into economic and social benefits and contributing EHang’s strength to the global development of advanced air mobility.”
Mr. Conor Yang, Chief Financial Officer of EHang: “We delivered our strongest quarterly financial performance to date in the fourth quarter of 2025. Total revenues reached RMB243.8 million, up 48.4% year-over-year and 163.6% sequentially, driven by record deliveries. Gross margin remained strong at 62.1%, while operating leverage improved significantly as we achieved our first-ever GAAP profitable quarter and generated substantial growth in adjusted operating income and adjusted net income.
For the full year 2025, we generated record revenues of RMB509.5 million, while maintaining non-GAAP profitability1 for the second consecutive year. As commercialization advances in China and overseas markets, we believe EHang is well positioned to further scale production, expand operations, and strengthen the financial profile of the business over time.”
Unaudited Financial Results for the Fourth Quarter of 2025
Revenues
Total revenues were RMB243.8 million (US$34.9 million), up 48.4% YoY from RMB164.3 million in the fourth quarter of 2024, and up 163.6% QoQ from RMB92.5 million in the third quarter of 2025, primarily driven by increased sales volume of eVTOL aircraft, including EH216 series and VT35.
Costs of revenues
Costs of revenues were RMB92.4 million (US$13.2 million), compared with RMB64.6 million in the fourth quarter of 2024 and RMB36.3 million in the third quarter of 2025. The year-over-year and quarter-over-quarter increases were in line with the increase in the sales volume of eVTOL aircraft, including EH216 series and VT35.
Gross profit and gross margin
Gross profit was RMB151.4 million (US$21.6 million), compared with RMB99.7 million in the fourth quarter of 2024, and RMB56.2 million in the third quarter of 2025. The year-over-year and quarter-over-quarter increases were primarily due to the increase in the sales volume of eVTOL aircraft, including EH216 series and VT35.
Gross margin was 62.1%, a slight increase from 60.7% in the fourth quarter of 2024 and 60.8% in the third quarter of 2025.
Operating expenses
Total operating expenses were RMB160.1 million (US$22.9 million), compared with RMB162.1 million in the fourth quarter of 2024, and RMB150.8 million in the third quarter of 2025.
Sales and marketing expenses were RMB38.3 million (US$5.5 million), compared with RMB36.2 million in the fourth quarter of 2024, and RMB30.4 million in the third quarter of 2025. The year-over-year and quarter-over-quarter increases were attributed to increased sales-related compensation driven by higher sales volume and increased marketing and promotional activities to expand brand awareness associated with new product launch.General and administrative expenses were RMB72.7 million (US$10.4 million), compared with RMB69.9 million in the fourth quarter of 2024, and RMB69.8 million in the third quarter of 2025. The year-over-year increase was mainly attributed to increased employee compensation driven by workforce expansion. The quarter-over-quarter increase was mainly attributable to increased professional service fees for general corporate functions.Research and development expenses were RMB49.1 million (US$7.0 million), compared with RMB56.0 million in the fourth quarter of 2024, and on par with RMB50.6 million in the third quarter of 2025. The year-over-year decrease was mainly attributed to lower share-based compensation expenses due to accelerated vesting of outstanding share-based awards in the fourth quarter of 2024. Operating loss
Operating loss was RMB6.6 million (US$0.9 million), a significant improvement from RMB56.0 million in the fourth quarter of 2024 and RMB91.7 million in the third quarter of 2025.
Net income
Net income was RMB10.5 million (US$1.5 million), a significant turnaround from a net loss of RMB46.9 million in the fourth quarter of 2024 and RMB82.1 million in the third quarter of 2025, achieving the first quarter of GAAP profitability.
Net income per ordinary share and per ADS
Basic and diluted net income per ordinary share were both RMB0.07 (US$0.01).
Basic and diluted net income per American depositary share (“ADS”) were both RMB0.14 (US$0.02). Each ADS represents two of our Class A ordinary shares.
Balance sheets
Cash and cash equivalents, restricted short-term deposits and short-term investments balances were RMB1.13 billion (US$161.5 million) as of December 31, 2025.
Non-GAAP Financial Measures
The Company uses adjusted operating expenses, adjusted sales and marketing expenses, adjusted general and administrative expenses, adjusted research and development expenses, adjusted operating income (loss), adjusted net income (loss), adjusted net income (loss) attributable to ordinary shareholders, adjusted basic and diluted net earnings (loss) per ordinary share and adjusted basic and diluted net earnings (loss) per ADS (collectively, the “Non-GAAP Financial Measures”) in evaluating its operating results and for financial and operational decision-making purposes. There was no income tax impact on the Company’s non-GAAP adjustments because the non-GAAP adjustments are usually recorded in entities located in tax-free jurisdictions, such as the Cayman Islands, or such expenses were not deductible.
The Company believes that the Non-GAAP Financial Measures help identify underlying trends in its business that could otherwise be distorted by the effects of item of (i) share-based compensation expenses and (ii) certain non-operational expenses, such as provisions for legal proceedings, which are included in their comparable GAAP measures. The Company believes that the Non-GAAP Financial Measures provide useful information about its operating results, enhance the overall understanding of its past performance and future prospects, and allow for greater visibility with respect to key metrics used by its management in their financial and operational decision-making.
The Non-GAAP Financial Measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The Non-GAAP Financial Measures have limitations as analytical tools. One of the key limitations of using the Non-GAAP Financial Measures is that they do not reflect all items of expense that affect the Company’s operations. Share-based compensation expenses have been and may continue to be incurred in the business and are not reflected in the presentation of the Non-GAAP Financial Measures. Further, the Non-GAAP Financial Measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited. The Company compensates for these limitations by reconciling the Non-GAAP Financial Measures to the nearest U.S. GAAP measures, all of which should be considered when evaluating the Company’s performance.
Each of the Non-GAAP Financial Measures should not be considered in isolation or construed as an alternative to its comparable GAAP measure or any other measure of performance or as an indicator of the Company’s operating performance or financial results. Investors are encouraged to review the Company’s most directly comparable GAAP measures in conjunction with the Non-GAAP Financial Measures. The Non-GAAP Financial Measures presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company’s data. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.
For more information on the Non-GAAP Financial Measures, please see the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this press release.
Adjusted operating expenses4 (non-GAAP)
Adjusted operating expenses4 were RMB99.3 million (US$14.2 million), compared to RMB78.8 million in the fourth quarter of 2024 and RMB89.1 million in the third quarter of 2025. In the fourth quarter of 2025, adjusted sales and marketing expenses4, adjusted general and administrative expenses4, and adjusted research and development expenses4 were RMB25.9 million (US$3.7 million), RMB34.2 million (US$4.9 million), and RMB39.2 million (US$5.6 million), respectively.
Adjusted operating income (loss)3 (non-GAAP)
Adjusted operating income3 was RMB54.3 million (US$7.8 million), up 99.5% from RMB27.2 million in the fourth quarter of 2024 and compared with adjusted operating loss3 of RMB29.9 million in the third quarter of 2025.
Adjusted net income (loss)1 (non-GAAP)
Adjusted net income1 was RMB71.5 million (US$10.2 million), up 96.4% from RMB36.4 million in the fourth quarter of 2024 and a significant turnaround from adjusted net loss1 of RMB20.3 million in the third quarter of 2025.
Adjusted net income (loss) attributable to EHang’s ordinary shareholders5 (non-GAAP)
Adjusted net income attributable to EHang’s ordinary shareholders5 was RMB71.4 million (US$10.2 million), up 96.2% from RMB36.4 million in the fourth quarter of 2024 and a significant turnaround from adjusted net loss attributable to EHang’s ordinary shareholders5 of RMB20.4 million in the third quarter of 2025.
Adjusted net income per ordinary share6 and per ADS7 (non-GAAP)
Adjusted basic net income per ordinary share6 was RMB0.48 (US$0.07), and adjusted diluted net income per ordinary share6 was RMB0.47 (US$0.07).
Adjusted basic net income per ADS7 was RMB0.96 (US$0.14), and adjusted diluted net income per ADS7 was RMB0.94 (US$0.14).
Unaudited Financial Results for the Fiscal Year 2025
Revenues
Total revenues were RMB509.5 million (US$72.9 million), up 11.7% from RMB456.2 million in 2024, primarily due to the increase in the sales volume of eVTOL aircraft, including EH216 series and VT35.
Costs of revenues
Costs of revenues were RMB193.6 million (US$27.7 million), compared with RMB176.2 million in 2024. The increase was in line with the increase in the sales volume of eVTOL aircraft, including EH216 series and VT35.
Gross profit and gross margin
Gross profit was RMB315.9 million (US$45.2 million), up 12.9% from RMB279.9 million in 2024.
Gross margin was 62.0%, representing a 0.6 percentage points increase from 61.4% in 2024. The increase was mainly due to changes in revenue mix and decreased cost per unit of the eVTOL products.
Operating expenses
Total operating expenses were RMB594.6 million (US$85.0 million), compared with RMB563.9 million in 2024.
Sales and marketing expenses were RMB122.0 million (US$17.4 million), compared with RMB131.0 million in 2024. The decrease was mainly attributed to lower share-based compensation expenses due to modification and accelerated vesting of outstanding share-based awards in 2024, partially offset by increased sales-related compensation driven by workforce expansion for sales and service network. General and administrative expenses were RMB278.0 million (US$39.8 million), compared with RMB233.4 million in 2024. The increase was mainly attributed to increased employee compensation driven by workforce expansion and higher share-based compensation expenses due to new grant of share-based awards in second quarter of 2025.Research and development expenses were RMB194.6 million (US$27.8 million), compared with RMB199.5 million in 2024. The decrease was mainly attributed to lower share-based compensation expenses due to accelerated vesting of outstanding share-based awards in 2024, partially offset by increased employee compensation driven by workforce expansion to further accelerate the research and development progress of different models of eVTOL aircraft in support of the Company’s future growth. Operating loss
Operating loss was RMB266.3 million (US$38.1 million), compared with RMB254.1 million in 2024.
Other non-operating income (expenses), net
Other non-operating expenses, net was RMB12.6 million (US$1.8 million), compared with other non-operating income, net RMB2.7 million in 2024. The decrease was primarily due to one-time provisions made for legal proceedings in 2025 which was related to the securities class action in the United States in 2023.
Net loss
Net loss was RMB231.0 million (US$33.0 million), compared with RMB230.0 million in 2024.
Net loss per ordinary share and per ADS
Basic and diluted net loss per ordinary share were both RMB1.57 (US$0.22).
Basic and diluted net loss per American depositary share (“ADS”) were both RMB3.14 (US$0.44). Each ADS represents two of our Class A ordinary shares.
Balance sheets
Cash and cash equivalents, restricted short-term deposits and short-term investments balances were RMB1.13 billion (US$161.5 million) as of December 31, 2025.
Adjusted operating expenses4 (non-GAAP)
Adjusted operating expenses4 (non-GAAP) were RMB348.9 million (US$49.9 million), representing an increase of 20.0% from RMB290.8 million in 2024. Adjusted sales and marketing expenses4 (non-GAAP), adjusted general and administrative expenses4 (non-GAAP), and adjusted research and development expenses4 (non-GAAP) were RMB76.5 million (US$10.9 million), RMB123.2 million (US$17.6 million) and RMB149.2 million (US$21.3 million) in 2025, respectively.
Adjusted operating income (loss)2 (non-GAAP)
Adjusted operating loss2 (non-GAAP) was RMB20.2 million (US$2.9 million), compared with adjusted operating income2 (non-GAAP) of RMB19.0 million in 2024.
Adjusted net income1 (non-GAAP)
Adjusted net income1 (non-GAAP) was RMB29.4 million (US$4.2 million), compared with RMB43.1 million in 2024.
Adjusted net income attributable to EHang’s ordinary shareholders5 (non-GAAP)
Adjusted net income attributable to EHang’s ordinary shareholders5 (non-GAAP) was RMB29.9 million (US$4.3 million), compared with RMB43.3 million in 2024.
Adjusted net income per ordinary share6 and per ADS7 (non-GAAP)
Adjusted basic and diluted net income per ordinary share6 were both RMB0.20 (US$0.03).
Adjusted basic and diluted net income per ADS7 were both RMB0.40 (US$0.06).
Business Outlook
For the fiscal year 2026, the Company expects the total revenues to be around RMB600 million, representing an increase of approximately 18% year-over-year.
The above outlook is based on information available as of the date of this press release and reflects the Company’s current and preliminary views regarding its business situation and market conditions, which are subject to change.
Conference Call
EHang’s management team will host an earnings conference call at 8:00 AM on Thursday, March 12, 2026, U.S. Eastern Time (8:00 PM on Thursday, March 12, 2026, Beijing/Hong Kong Time).
To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon registering, each participant will receive email instructions to access the conference call, including dial-in information and a PIN number allowing access to the conference call.
Participant Online Registration:
English line: https://s1.c-conf.com/diamondpass/10053557-yg7lo1.html
Chinese line: https://s1.c-conf.com/diamondpass/10053559-m7iylq.html
A live and archived webcast of the conference call will be available on the Company’s Investors Relations website at http://ir.ehang.com/.
About EHang
EHang (Nasdaq: EH) is the world’s leading advanced air mobility (“AAM”) technology platform company, committed to making safe, autonomous, and eco-friendly air mobility accessible to everyone. The company develops and manufactures a diversified portfolio of pilotless electric vertical take-off and landing (“eVTOL”) aircraft for a wide range of use cases, including aerial tourism, intra-city transport, intercity travel, logistics and emergency firefighting. Its flagship model, EH216-S, has obtained the world’s first type certificate, production certificate and standard airworthiness certificate for pilotless eVTOL issued by the Civil Aviation Administration of China, and is now commercially operated under the country’s first Air Operator Certificates for human-carrying eVTOL services. Complementing this, EHang’s VT35 expands its reach into long-range and intercity scenarios, supporting the development of a multi-tiered low-altitude mobility network. By integrating advanced autonomous technologies with scalable operational infrastructure, EHang is redefining how people and goods move—across cities, regions, and natural barriers—shaping the future of air mobility. For more information, please visit www.ehang.com.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about management’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause EHang’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.
Exchange Rate
This press release contains translations of certain Renminbi (“RMB”) amounts into U.S. dollars (“USD”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB6.9931 to US$1.00, the noon buying rate in effect on December 31, 2025, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred to in this press release could have been converted into USD or RMB, as the case may be, at any particular rate or at all.
EHANG HOLDINGS LIMITED
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”)) As of As of December 31, 2024 December 31, 2025 RMB RMB US$ (Unaudited) (Unaudited) (Unaudited)ASSETS Current assets: Cash and cash equivalents 610,877 256,400 36,665Short-term investments 513,683 843,232 120,581Restricted short-term deposits 30,295 29,655 4,241Accounts receivable, net8 58,180 210,412 30,089Inventories 75,687 101,634 14,533Prepayments and other current assets9 68,298 104,219 14,903Total current assets 1,357,020 1,545,552 221,012 Non-current assets: Property and equipment, net 60,224 258,050 36,901Operating lease right-of-use assets, net 128,433 116,468 16,655Land Use Rights, net - 11,347 1,623Intangible assets, net 2,617 2,713 388Investments accounted for using equity method 23,897 28,849 4,125Other investments 9,867 45,330 6,482Deferred tax assets - 3,305 473Other non-current assets 2,440 38,294 5,476Total non-current assets 227,478 504,356 72,123 Total assets 1,584,498 2,049,908 293,135 EHANG HOLDINGS LIMITED
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (CONT’D)
(Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”)) As of As of December 31, 2024 December 31, 2025 RMB RMB US$ (Unaudited) (Unaudited) (Unaudited)LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term bank loans 64,250 229,611 32,834Accounts payable 127,446 132,509 18,949Contract liabilities10 62,561 66,607 9,525Current portion of long-term bank loans 10,500 9,800 1,401Mandatorily redeemable non-controlling interests 40,000 - - Accrued expenses and other liabilities 150,196 268,353 38,374Current portion of lease liabilities 12,527 16,278 2,328Deferred income 1,504 817 117Deferred government subsidies 1,209 684 98Income taxes payable 150 3,100 443Total current liabilities 470,343 727,759 104,069 Non-current liabilities: Long-term bank loans 20,500 82,700 11,826Deferred tax liabilities 292 292 42Unrecognized tax benefit 5,480 5,480 784Lease liabilities 125,719 114,246 16,337Other non-current liabilities 6,350 5,651 808Total non-current liabilities 158,341 208,369 29,797 Total liabilities 628,684 936,128 133,866 Shareholders’ equity: Ordinary shares 90 92 13Additional paid-in capital 2,923,178 3,335,371 476,952Treasury shares (10,085) (10,085) (1,442)Statutory reserves 1,772 3,302 472Accumulated deficit (1,984,851) (2,216,920) (317,015)Accumulated other comprehensive income 25,539 2,605 373Total EHang Holdings Limited shareholders’ equity 955,643 1,114,365 159,353Non-controlling interests 171 (585) (84)Total shareholders’ equity 955,814 1,113,780 159,269Total liabilities and shareholders’ equity 1,584,498 2,049,908 293,135 EHANG HOLDINGS LIMITED
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
(Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”) except for per share data and per ADS data) Three Months Ended For the Year Ended December 31,
2024 September 30,
2025 December 31,
2025 December 31,
2024 December 31,
2025 RMB RMB RMBUS$ RMB RMBUS$ (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited)Total revenues 164,278 92,472 243,778 34,860 456,152 509,504 72,858 Costs of revenues (64,590) (36,263) (92,424)(13,216) (176,206) (193,576)(27,681)Gross profit 99,688 56,209 151,354 21,644 279,946 315,928 45,177 Operating expenses: Sales and marketing expenses (36,203) (30,397) (38,263)(5,472) (131,027) (122,020)(17,449)General and administrative expenses (69,926) (69,767) (72,720)(10,399) (233,398) (278,041)(39,759)Research and development expenses (55,963) (50,625) (49,092)(7,020) (199,465) (194,581)(27,825)Total operating expenses (162,092) (150,789) (160,075)(22,891) (563,890) (594,642)(85,033) Other operating income 6,358 2,862 2,101300 29,869 12,3831,771Operating loss (56,046) (91,718) (6,620)(947) (254,075) (266,331)(38,085) Other income (expenses): Interest and investment income 12,028 13,739 21,1273,021 30,599 58,5888,378Interest expenses (870) (1,740) (2,086)(298) (3,375) (5,976)(855)Foreign exchange gain (loss) gain (813) (771) (1,401)(200) (1,188) 1,174168Other non-operating income (expenses), net 753 (438) 788113 2,746 (12,646)(1,808)Total other income 11,098 10,790 18,428 2,636 28,782 41,140 5,883 (Loss) income before income tax and loss from equity method investments (44,948) (80,928) 11,8081,689 (225,293) (225,191)(32,202)Income tax (expenses) credits (177) 1 (420)(60) (386) (534)(76)(Loss) income before loss from equity method investments (45,125) (80,927) 11,388 1,629 (225,679) (225,725)(32,278)Loss from equity method investments (1,752) (1,185) (846)(121) (4,353) (5,248)(750)Net (loss) income (46,877) (82,112) 10,5421,508 (230,032) (230,973)(33,028) EHANG HOLDINGS LIMITED
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (CONT’D)
(Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”) except for per share data and per ADS data) Three Months Ended For the Year Ended December 31,
2024 September 30,
2025 December 31,
2025 December 31,
2024 December 31,
2025 RMB RMB RMBUS$ RMB RMBUS$ (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited)Net (loss) income (46,877) (82,112) 10,542)1,508 (230,032) (230,973)(33,028)Net loss (income) attributable to non-controlling interests 19 (44) (48)(7) 256 43462Net (loss) income attributable to ordinary shareholders (46,858) (82,156) 10,494 1,501 (229,776) (230,539)(32,966)Shares used in net loss per ordinary share computation (in thousands of shares): Basic 141,307 148,614 149,338149,338 134,367 146,665146,665Diluted 141,307 148,614 151,600151,600 134,367 146,665146,665Net (loss) income per ordinary share
Basic and diluted (0.33) (0.55) 0.070.01 (1.71) (1.57)(0.22)Net (loss) income per ADS (2 ordinary shares equal to 1 ADS)
Basic and diluted (0.66) (1.10) 0.140.02 (3.42) (3.14)(0.44) Other comprehensive income (loss) Foreign currency translation adjustments net of nil tax 19,946 (7,106) (9,820)(1,404) 10,460 (22,934)(3,280)Total other comprehensive income (loss), net of tax 19,946 (7,106) (9,820)(1,404) 10,460 (22,934)(3,280)Comprehensive (loss) income (26,931) (89,218) 722104 (219,572) (253,907)(36,308)Comprehensive loss (income) attributable to non-controlling interests 19 (44) (48)(7) 256 43462Comprehensive (loss) income attributable to ordinary shareholders (26,912) (89,262) 67497 (219,316) (253,473)(36,246) EHANG HOLDINGS LIMITED
UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS
(Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”) except for per share data and per ADS data) Three Months Ended For the Year Ended December 31,
2024 September 30,
2025 December 31,
2025 December 31,
2024 December 31,
2025 RMB RMB RMBUS$ RMB RMBUS$ (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited)Gross profit 99,688 56,209 151,354 21,644 279,946 315,928 45,177 Plus: Share-based compensation expenses - 150 14921 - 41659Adjusted gross profit 99,688 56,359 151,50321,665 279,946 316,34445,236 Sales and marketing expenses (36,203) (30,397) (38,263)(5,472) (131,027) (122,020)(17,449)Plus: Share-based compensation expenses 18,092 12,589 12,3361,764 65,597 45,5376,512Adjusted sales and marketing expenses (18,111) (17,808) (25,927)(3,708) (65,430) (76,483)(10,937) General and administrative expenses (69,926) (69,767) (72,720)(10,399) (233,398) (278,041)(39,759)Plus: Share-based compensation expenses 45,334 39,251 38,4805,503 134,984 154,83822,142Adjusted general and administrative expenses (24,592) (30,516) (34,240)(4,896) (98,414) (123,203)(17,617) Research and development expenses (55,963) (50,625) (49,092)(7,020) (199,465) (194,581)(27,825)Plus: Share-based compensation expenses 19,833 9,809 9,9441,422 72,543 45,3676,487Adjusted research and development expenses (36,130) (40,816) (39,148)(5,598) (126,922) (149,214)(21,338) Operating expenses (162,092) (150,789) (160,075)(22,891) (563,890) (594,642)(85,033)Plus: Share-based compensation expenses 83,259 61,649 60,7608,689 273,124 245,74235,141Adjusted operating expenses (78,833) (89,140) (99,315)(14,202) (290,766) (348,900)(49,892) Operating loss (56,046) (91,718) (6,620)(947) (254,075) (266,331)(38,085)Plus: Share-based compensation expenses 83,259 61,799 60,9098,710 273,124 246,15835,200Adjusted operating income (loss) 27,213 (29,919) 54,2897,763 19,049 (20,173)(2,885) EHANG HOLDINGS LIMITED
UNAUDITED RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS
(Amounts in thousands of Renminbi (“RMB”) and US dollars (“US$”) except for per share data and per ADS data) Three Months Ended For the Year Ended December 31,
2024 September 30,
2025 December 31,
2025 December 31,
2024 December 31,
2025 RMB RMB RMBUS$ RMB RMBUS$ (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited)Net (loss) income (46,877) (82,112) 10,5421,508 (230,032) (230,973)(33,028)Plus: Share-based compensation expenses 83,259 61,799 60,9098,710 273,124 246,15835,200Plus: Certain non-operational expenses - - -- - 14,2542,038Adjusted net income (loss) 36,382 (20,313) 71,45110,218 43,092 29,4394,210 Net (loss) income attributable to ordinary shareholders (46,858) (82,156) 10,4941,501 (229,776) (230,539)(32,966)Plus: Share-based compensation expenses 83,259 61,799 60,9098,710 273,124 246,15835,200Plus: Certain non-operational expenses - - -- - 14,2542,038Adjusted net income (loss) attributable to ordinary shareholders 36,401 (20,357) 71,40310,211 43,348 29,8734,272 Shares used in net earnings (loss) per ordinary share computation (in thousands of shares): Basic 141,307 148,614 149,338149,338 134,367 146,665146,665Diluted 143,959 148,614 151,600151,600 135,835 147,967147,967Adjusted basic net earnings (loss) per ordinary share 0.26 (0.14) 0.480.07 0.32 0.200.03Adjusted diluted net earnings (loss) per ordinary share 0.25 (0.14) 0.470.07 0.32 0.200.03Adjusted basic net earnings (loss) per ADS 0.52 (0.28) 0.960.14 0.64 0.400.06Adjusted diluted net earnings (loss) per ADS 0.50 (0.28) 0.940.14 0.64 0.400.06 1 Adjusted net income (loss) is a non-GAAP financial measure, which is defined as net income (loss) excluding share-based compensation expenses and certain non-operational expenses. See “Non-GAAP Financial Measures”. Net loss was RMB230.0 million and RMB231.0 million (US$33.0 million) in 2024 and 2025, respectively.
2 The EH216 series include the EH216-S (standard model for passenger transportation), the EH216-F (specialized model for aerial firefighting), and the EH216-L (specialized model for aerial logistics).
3 Adjusted operating income (loss) is a non-GAAP financial measure, which is defined as operating income (loss) excluding share-based compensation expenses. See “Non-GAAP Financial Measures”.
4 Adjusted operating expenses is a non-GAAP financial measure, which is defined as operating expenses excluding share-based compensation expenses. Adjusted sales and marketing expenses, adjusted general and administrative expenses, and adjusted research and development expenses are non-GAAP financial measures. Each is defined as the respective expense—sales and marketing expenses, general and administrative expenses, and research and development expenses—excluding share-based compensation expenses.
5 Adjusted net income (loss) attributable to EHang’s ordinary shareholders is a non-GAAP financial measure, which is defined as net income (loss) attributable to EHang’s ordinary shareholders excluding share-based compensation expenses and certain non-operational expenses.
6 Adjusted basic and diluted net earnings (loss) per ordinary share is a non-GAAP financial measure, which is defined as basic and diluted net earnings (loss) per ordinary share excluding share-based compensation expenses and certain non-operational expenses.
7 Adjusted basic and diluted net earnings (loss) per ADS is a non-GAAP financial measure, which is defined as basic and diluted earnings (loss) per ADS excluding share-based compensation expenses and certain non-operational expenses.
8 As of December 31, 2024 and December 31, 2025, amount due from a related party of RMB458 and RMB5,188 (US$742) was included in accounts receivable, net, respectively.
9 As of December 31, 2024 and December 31, 2025, amount due from a related party of nil and RMB2,070 (US$296) was included in prepayments and other current assets, respectively.
10 As of December 31, 2024 and December 31, 2025, amount due to a related party of RMB2,000 and RMB2,307 (US$330) are included in contract liabilities, respectively.
EHang (NASDAQ: EH) executives told investors that 2025 marked a "pivotal year" for the company as it moved closer to commercialization, highlighted by record quarterly deliveries, expanding manufacturing capacity, and the planned launch of ticketed EH216S flight services to the public. Q4 and full-year delivery milestones Founder, Chairman, and CEO Huazhi Hu said the fourth quarter
EHang Holdings Limited Unsponsored ADR (NASDAQ:EH – Get Free Report) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $21.85.
EH has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of EHang in a research report on Wednesday, January 21st. Bank of America reaffirmed a “buy” rating on shares of EHang in a research report on Thursday, March 12th. Finally, Wall Street Zen raised shares of EHang from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th.
Get Our Latest Stock Analysis on EH
EHang Stock Performance NASDAQ EH opened at $10.72 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.12 and a quick ratio of 1.98. The firm’s fifty day moving average price is $11.37 and its 200 day moving average price is $13.99. The company has a market capitalization of $770.66 million, a price-to-earnings ratio of -24.36 and a beta of 1.11. EHang has a 12 month low of $9.06 and a 12 month high of $20.85.
Institutional Inflows and Outflows A number of hedge funds have recently modified their holdings of EH. Leonteq Securities AG purchased a new position in shares of EHang in the 4th quarter valued at $26,000. Legal & General Group Plc boosted its stake in EHang by 171.7% during the 2nd quarter. Legal & General Group Plc now owns 3,380 shares of the company’s stock worth $59,000 after purchasing an additional 2,136 shares during the period. Daiwa Securities Group Inc. boosted its stake in EHang by 47.6% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,816 shares of the company’s stock worth $63,000 after purchasing an additional 1,553 shares during the period. Advisory Services Network LLC acquired a new stake in EHang during the 3rd quarter worth $117,000. Finally, JPMorgan Chase & Co. boosted its stake in EHang by 10.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,292 shares of the company’s stock worth $127,000 after purchasing an additional 671 shares during the period. 94.03% of the stock is owned by hedge funds and other institutional investors.
About EHang (Get Free Report)
EHang Holdings Limited is a China-based technology company specializing in the development and manufacturing of autonomous aerial vehicles (AAVs) for passenger transportation, logistics, and other commercial applications. Established in 2014 and listed on NASDAQ under the ticker EH in 2019, EHang focuses on delivering turnkey solutions that integrate hardware, flight control systems and a cloud-based operating platform. Its flagship products include the EH216 series passenger AAV and the Falcon series unmanned aerial vehicles, designed to support urban air mobility, aerial filming, emergency response and short-range cargo delivery.
The company’s business model encompasses research and development, manufacturing, certification support, and operations services.
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