Aehr Test Systems Q2 revenue misses estimates

AEHR Test Systems

08/01/2026 21:23

Overview

Semiconductor test supplier's fiscal 2026 Q2 revenue fell, missing analyst expectations

Company swings to a loss in Q2 vs same period last year

Outlook

Aehr expects second-half fiscal 2026 revenue between $25 mln and $30 mln

Company forecasts second-half fiscal 2026 non-GAAP net loss per share between $(0.09) and $(0.05)

Aehr anticipates second-half fiscal 2026 bookings between $60 mln and $80 mln

Result Drivers

SOFT SALES - The company was hurt by softer-than-anticipated revenue in the quarter

STRATEGIC PARTNERSHIP - Partnership with ISE Labs aims to enhance wafer-level test services for AI and HPC applications

SILICON PHOTONICS - Expansion into silicon photonics market expected to drive demand for WLBI systems

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$9.88 mln
$11.59 mln (4 Analysts)
Q2 Adjusted Net Income
-$1.29 mln
-$1.39 mln (4 Analysts)
Q2 Net Income
-$3.23 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy."

Wall Street's median 12-month price target for Aehr Test Systems is $24.00, about 0.7% below its January 7 closing price of $24.18

The stock recently traded at 168 times the next 12-month earnings vs. a P/E of 168 three months ago

Press Release: ID:nACSZ9Dwha

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)