AEHR

Aehr Test Systems, Inc.
NasdaqCMUSDEQUITY Technology DELAYED
Last price
93.23
▼ 11.17 (10.70%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
107.76
Prev close
104.40
Day high
107.93
Day low
91.74
Volume
4.20M
Market cap
$3.01B
P/E (TTM)
—
52W range
18.70 – 147.40

Day trading desk

Current session · delayed
Gap from prior close
+3.22%
Prior close 104.40
VWAP
95.96
-2.85% from price
Relative volume
3.28×
Unusually busy
Session range
17.65%
91.74 – 107.93
Position in range
9%
Near session low
ATR (14D)
8.25
8.85% of price
Prior day high
108.10
PDH
Prior day low
101.53
PDL
Bid / ask spread
—
Quote not published
Session volume
9.29M
Avg 2.84M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-8.57% -10.5%
1M
+6.82% +5.7%
3M
+35.72% +31.2%
6M
+83.36% +65.2%
YTD
+356.36% +342.1%
1Y
+197.03% +180.6%
3Y
+101.62% +19.4%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on AEHR open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-482.48K
Net selling
Buy transactions
27
229.87K shares
Sell transactions
45
712.35K shares
Net transactions
+72
Buys less sells
Sell : buy shares
3.1 : 1
Mixed
Insider-held shares
1.08M
Total on file
Bought 229.87KSold 712.35K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 17, 26
ROGERS VERNON
Officer
SELL 5.99K $847.22K Direct
Aug 14, 26
ENGINEER ADIL
Chief Operating Officer
STOCK 500 $0 Direct
Aug 14, 26
POSEDEL RHEA J
Director
SELL 5.97K $836.22K Indirect
Aug 14, 26
SLAYEN HOWARD T
Director
SELL 5.70K $758.26K Direct
Aug 13, 26
SALAMONE ALBERTO
Officer
SELL 9.67K $1.24M Direct
Aug 12, 26
ERICKSON GAYLORD
Chief Executive Officer
SELL 40.00K $5.23M Indirect
Aug 12, 26
OLIPHANT LAURA
Director
SELL 1.72K $228.36K Direct
Aug 12, 26
SCOTT GEOFFREY GATES
Director
STOCK 6.73K $0 Indirect
Aug 12, 26
SCOTT GEOFFREY GATES
Director
SELL 20.00K $2.63M Indirect
Aug 12, 26
ENGINEER ADIL
Chief Operating Officer
SELL 15.00K $1.97M Direct
Aug 12, 26
ENGINEER ADIL
Chief Operating Officer
CONVERSION 15.00K $141.75K Direct
Aug 12, 26
POSEDEL RHEA J
Director
SELL 8.41K $1.09M Indirect
Aug 10, 26
SPORCK ALISTAIR N
Officer
SELL 1.00K $108.49K Direct
Aug 4, 26
OLIPHANT LAURA
Director
STOCK 500 $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
ENGINEER ADIL
Chief Operating Officer 46.48K Stock Gift
ERICKSON GAYLORD
Chief Executive Officer — Sale
POSEDEL RHEA J
Director — Sale
RICHMOND DONALD P. II
Chief Technology Officer 187.42K Stock Award(Grant)
ROGERS VERNON
Officer 186.23K Sale
SALAMONE ALBERTO
Officer 41.96K Sale
SCOTT GEOFFREY GATES
Director — Stock Gift
SIU CHRIS P
Chief Financial Officer 84.52K Stock Award(Grant)
SLAYEN HOWARD T
Director 140.67K Sale
SPORCK ALISTAIR N
Officer 27.72K Sale

Fundamentals

TTM · reported
Market cap$3.01B
Enterprise value$2.90B
Revenue (TTM)$50.00M
Gross profit$17.65M
EBITDA$-11.34M
Net income$-7.13M
EPS (TTM)$-0.23
Free cash flow$-1.96M
Total cash$116.36M
Total debt$9.88M
Book value / share$6.76
Shares outstanding32.66M
Float31.26M
Short % of float16.52%
Dividend yield0.00%
Beta (5Y)3.48

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E66.61
PEG ratio0.98
Price / sales—
Price / book13.63
EV / revenue57.98
EV / EBITDA-255.57
Gross margin35.30%
Operating margin-6.40%
Profit margin-14.25%
Return on equity-4.16%
Return on assets-4.47%
Debt / equity4.50
Current ratio10.33
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 6 quarters
Blank means not reported, not zero
Line item20262025202420232022YoY
Total revenue $50.00M$58.97M$66.22M$64.96M— -15.2%
Operating revenue $50.00M$58.97M$66.22M$64.96M— -15.2%
Cost of revenue $32.35M$35.03M$33.67M$32.22M— -7.7%
Gross profit $17.65M$23.93M$32.54M$32.75M— -26.2%
Research & development $12.63M$10.46M$8.72M$7.13M— +20.7%
Selling, general & admin $19.16M$18.28M$13.75M$12.24M— +4.8%
Total operating expense $31.79M$28.75M$22.46M$19.37M— +10.6%
Operating income -$14.14M-$4.81M$10.08M$13.38M— -193.8%
Net interest income $1.36M$1.40M$2.39M$1.25M— -2.9%
Pre-tax income -$11.74M-$4.29M$12.46M$14.62M— -173.5%
Tax provision -$4.61M-$381.00K-$20.70M$60.00K— -1,110.0%
Net income -$7.13M-$3.91M$33.16M$14.56M— -82.3%
Net income to common -$7.13M-$3.91M$33.16M$14.56M— -82.3%
Basic EPS -0.23—1.150.520.36 —
Diluted EPS -0.23—1.120.500.34 —
EBIT -$14.14M-$4.81M$10.08M$13.38M— -193.8%
EBITDA -$10.61M-$1.43M$11.44M$14.47M— -644.8%
Basic shares 30.67M—28.82M27.79M26.01M —
Diluted shares 30.67M—29.62M29.21M27.77M —

Options analytics

Account required
Put / call volume
0.60
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
50.00
-45.7% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
3.34K
Contracts, this expiry
Put volume
2.02K
Contracts, this expiry
Heaviest call OI
60.00
0 contracts
Heaviest put OI
50.00
0 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
May 2026 -0.010.11 +1,566.7%
Feb 2026 -0.07-0.05 +28.6%
Nov 2025 -0.04-0.04 -9.1%
Aug 2025 0.000.01 0.0%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter — — $26.60M +142.5%
Next quarter 0.20 2 $36.57M +270.0%
Current year 0.75 3 $136.26M +172.5%
Next year 1.38 3 $201.82M +48.1%

Analyst targets & ownership

Account required
Mean target$128.00
High target$175.00
Low target$110.00
Implied upside37.29%
Analyst count5
ConsensusNONE
Strong buy / Buy0 / 6
Hold0
Sell / Strong sell0 / 0
Held by insiders3.30%
Held by institutions76.07%
Institutions holding362
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
100.34
-7.09% from price
SMA 20
95.91
-3.93% from price
SMA 50
97.04
-5.05% from price
SMA 100
94.85
-1.71% from price
SMA 200
70.39
+30.90% from price
EMA 12
98.74
-5.58% from price
EMA 26
96.76
-3.65% from price
EMA 50
95.25
-2.12% from price
RSI (14)
46.4
Neutral
MACD (12,26,9)
1.98
Hist 0.47
ATR (14)
8.25
8.96% of price
Realised vol 30D
90.9%
Annualised
Bollinger upper
109.54
20, 2σ
Bollinger lower
82.28
20, 2σ
50 / 200 cross
Golden
97.04 vs 70.39
Trend bias
Above 200
+30.90%

Options chain

Account required
Expiry
Spot 93.23
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
5.37
More volatile than market
Correlation to SPY
0.56
Loosely linked
Realised vol 30D
90.9%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-47.6%
Peak to trough
Max drawdown 5Y
-87.4%
Peak to trough
ATR 14
8.25
8.96% of price
Beta (reported)
3.48
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
5.12M
Prior 4.34M
Change vs prior
+17.9%
Shorts adding
% of float
16.52%
Elevated
% of shares out
15.67%
Against total outstanding
Days to cover
1.8
Liquid
Float
31.26M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

13 on file
DateFirm ActionFromTo
Sep 10, 26 Oppenheimer INITIATED — Outperform
Aug 14, 26 Jefferies INITIATED — Buy
Mar 5, 26 Freedom Broker MAINTAINED Hold Hold
Mar 2, 26 William Blair UPGRADE Market Perform Outperform
Feb 13, 26 Freedom Broker MAINTAINED Hold Hold
Jan 13, 26 Freedom Broker MAINTAINED Hold Hold
Jan 9, 26 Craig-Hallum MAINTAINED Hold Hold
Dec 17, 25 Lake Street INITIATED — Buy
Oct 14, 25 Freedom Broker MAINTAINED Hold Hold
Mar 26, 24 Craig-Hallum DOWNGRADE Buy Hold
Mar 25, 24 William Blair DOWNGRADE Outperform Market Perform
Oct 17, 22 William Blair INITIATED — Outperform

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.