This summary was created by AI, based on 2 opinions in the last 12 months.
The experts consensus on AEHR-Q is that the company is facing a decline in demand from the EV market which has resulted in a significant pullback in share prices. The company has also lowered its guidance in the recent earnings report, leading to concerns about its future performance. Additionally, the stock is considered expensive in the current market conditions of high rates, adding to the negative sentiment about its valuation.
Good, but an expensive stock, which is not good in this market of high rates.
Aehr Test Systems is a American stock, trading under the symbol AEHR-Q on the NASDAQ (AEHR). It is usually referred to as NASDAQ:AEHR or AEHR-Q
In the last year, 2 stock analysts published opinions about AEHR-Q. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Aehr Test Systems.
Aehr Test Systems was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Aehr Test Systems.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Aehr Test Systems published on Stockchase.
On 2024-04-26, Aehr Test Systems (AEHR-Q) stock closed at a price of $11.47.
AEHR gets plenty of its sales from the EV market and demand there has been slowing, which the company has identified in its recent earnings report. AEHR lowered its guidance in its Q2 report which is part of the reason for the large pull back in share prices. The lowered guidance and forecasted demand drop would be the main reason for the decline.
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