profit from every $100 of sales.
$0$100
Aehr Test Systems
$65.78+10.42% today
+184.0% in 1 year
1-year low $19.401-year high $145.61
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Aehr Test Systems sold, what it kept, and what it did with the cash.
Sales went from $50.8 million in 2022 to $59.0 million in 2025, with -$3.91 million of profit last year.
SalesProfit
Aehr Test Systems vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Aehr Test Systems | No profit yet | ||
 Nvidia | 34.9× · Expensive | ||
 TSMC | 41.5× · Expensive | ||
 Broadcom | 71.3× · Very expensive | ||
 Micron Technology | 10.8× · Cheap |
AI analysis
An AI analyst reads Aehr Test Systems's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 51 | 65 | 66 | 59 | |
| 24 | 33 | 33 | 24 | |
| 8 | 13 | 10 | -5 | |
| 9 | 14 | 11 | -1 | |
| 9 | 15 | 33 | -4 | |
| 0.34 | 0.50 | 1.12 | – | |
| 46.6% | 50.4% | 49.1% | 40.6% | |
| 15.3% | 20.6% | 15.2% | -8.2% | |
| 18.6% | 22.4% | 50.1% | -6.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 62 | 98 | 128 | 149 |
| Cash | 31 | 30 | 49 | 24 |
| Total debt | 1 | 6 | 6 | 11 |
| Total liabilities | 11 | 23 | 16 | 26 |
| 51 | 76 | 112 | 123 | |
| 28 | 29 | 30 | – | |
| 11.9% | 12.9% | 6.8% | -2.8% | |
| 18.5% | 19.3% | 29.7% | -3.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2 | 10 | 2 | -7 | |
| 0 | 1 | 1 | 5 | |
| 1 | 9 | 1 | -12 | |
| Dividends paid | – | – | – | – |
| 0 | 2 | 0 | – | |
| 3 | 3 | 3 | 5 |
Valuation
- –
- –
- –
- 22.0×
- 36.6×
- –
- –
- -0.6%
- -0.2%
- 0.0%
Profitability
- 40.6%
- -8.2%
- -6.6%
- -30.0%
- -8.3%
- 9.7%
- -8.9%
- -7.3%
- -10.5%
- 25.8%
Growth
- +5.1%
- –
- −1,330.6%
- –
- +6.0%
Financial health
- -9.5×
- 0.07
- 6.4%
- –
- 10.97
- 6.26
- 0.29
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 9%of 974
Bottom 12%of 975
Bottom 38%of 982
Bottom 26%of 985
What analysts expect
- Average price target
- $62.00
- Range
- $56.00 – $68.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 7, 2026 | -0.05 | -0.08 | +37.5% |
| Jan 8, 2026 | -0.04 | -0.08 | +50.0% |
| Oct 6, 2025 | 0.01 | 0.01 | +0.0% |
| Jul 8, 2025 | -0.01 | -0.02 | +33.3% |
| Apr 8, 2025 | 0.07 | 0.01 | +600.0% |
| Jan 13, 2025 | 0.02 | 0.03 | −33.3% |
| Oct 10, 2024 | 0.07 | 0.02 | +250.0% |
| Jul 16, 2024 | 0.84 | 0.11 | +663.6% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
30No pass
Benjamin Graham
40No pass
Philip Fisher
28No pass
Peter Lynch
37No pass
Joel Greenblatt
0No pass
Charlie Munger
31No pass
Terry Smith
31No pass
Questions about Aehr Test Systems
Is Aehr Test Systems a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Aehr Test Systems AI analysis
What does Aehr Test Systems do?
Aehr Test Systems provides test systems for burning-in and testing logic, optical, and memory integrated circuits worldwide. It is in Semiconductors, based in Fremont, CA, United States, with 136 employees.
Does Aehr Test Systems pay a dividend?
No. Aehr Test Systems does not pay a dividend at the moment.
Is Aehr Test Systems stock halal?
Yes. Aehr Test Systems passes our halal screen: its business is permitted and its debt is 0.5% of its market value, under the 30% limit. How we check
How has Aehr Test Systems stock done over the past year?
Up 184.0% over the past twelve months, to $65.78. It traded between $19.40 and $145.61 and is 54.8% below its high.
Who are Aehr Test Systems's competitors?
The largest listed companies in the same industry are Nvidia, TSMC, Broadcom and Micron Technology. The peers table on this page compares their profit, growth and price with Aehr Test Systems's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.