에어테스트 시스템즈(AEHR) 주가 전망 및 기업 분석 - PER·배당·실적·목표주가·RSI·MACD

AEHR

Aehr Test Systems

7월 27일 4:00 PM ET (한국 7/28 05:00)

$77.48

+1.16 ▲ +1.52%

🌙 7월 27일 7:59 PM ET (한국 7/28 08:59)

$73.70

-3.78 ▼ -4.88%

에어테스트 시스템즈(AEHR) is a Technology sector company, analyzed across 14 metrics on this page including P/E, EPS, dividends, RSI, and MACD.

시가총액

$2.5B

스몰캡

P/E

배당수익률

없음

52주 위치

56%

저점 +386% · 고점 -39%

애널리스트

적극 매수

A-

Fundamental health

vs. Semiconductor Equipment & Materials· based on 3 axes

수익성

산출 불가 (적자)

성장

Top 27%

밸류에이션

Top 8%

재무 안정

Top 25%

💰 Is this stock pricier than usual right now?

Compared to this company's own recent 3년 (not other companies).

Very cheap

Cheap

Typical

Pricey

🔥 Very pricey

Simply put — what you pay today to own $1 of this company's yearly earnings is 116원. Over the past 3년, it usually traded around 56원. One of the priciest stretches of the past 3년.

Pricy doesn't mean bad — it means expectations are already baked in.· based on 2.7 profitable years

Index ⓘ	RUT	P/E ⓘ	-	EPS (ttm) ⓘ	-0.24	Insider Own ⓘ	5.6%	Shs Outstand ⓘ	32.5M	Perf Week ⓘ	0.16%
Market Cap ⓘ	2.52B	Forward P/E ⓘ	56.01	EPS next Y ⓘ	119.58%	Insider Trans ⓘ	-23.34%	Shs Float ⓘ	30.7M	Perf Month ⓘ	-21.57%
Enterprise Value ⓘ	2.41B	PEG ⓘ	-	EPS next Q ⓘ	0.1	Inst Own ⓘ	69.92%	Short Float ⓘ	15.69%	Perf Quarter ⓘ	-19.22%
Income ⓘ	-0.01B	P/S ⓘ	50.33	EPS this Y ⓘ	2000%	Inst Trans ⓘ	3.25%	Short Ratio ⓘ	1.84	Perf Half Y ⓘ	176.32%
Sales ⓘ	0.05B	P/B ⓘ	11.46	EPS next 5Y ⓘ	-	ROA ⓘ	-3.61%	Short Interest ⓘ	4.81M	Perf YTD ⓘ	283.75%
Book/sh ⓘ	6.76	P/C ⓘ	21.63	EPS past 3/5Y ⓘ	- -21.88%	ROE ⓘ	-4.16%	52W High ⓘ	-38.81% ($126.62)	Perf Year ⓘ	256.39%
Cash/sh ⓘ	3.58	P/FCF ⓘ	-	Sales past 3/5Y ⓘ	-8.36% 24.67%	ROIC ⓘ	-3.11%	52W Low ⓘ	386.07% ($15.94)	Perf 3Y ⓘ	58.15%
Dividend Est. ⓘ	-	EV/EBITDA ⓘ	-	EPS Y/Y TTM ⓘ	-81.5%	Gross Margin ⓘ	40.61%	Volatility(W/M) ⓘ	14.57% 12.44%	Perf 5Y ⓘ	1288.53%
Dividend TTM ⓘ	-	EV/Sales ⓘ	48.2	Sales Y/Y TTM ⓘ	-15.21%	Oper. Margin ⓘ	-28.29%	ATR (14) ⓘ	11.79	Perf 10Y ⓘ	4157.14%
Dividend Ex-Date ⓘ	-	Quick Ratio ⓘ	8.01	EPS Q/Q ⓘ	143.11%	Profit Margin ⓘ	-14.25%	RSI (14) ⓘ	45.41	Recom ⓘ	1.2
Dividend Gr. 3/5Y ⓘ	-	Current Ratio ⓘ	10.33	Sales Q/Q ⓘ	33.69%	SMA20 ⓘ	-3.53% ($80.32)	Beta ⓘ	3.13	Target Price ⓘ	$113.75
Payout ⓘ	-	Debt/Eq ⓘ	0.05	Earnings ⓘ	2026/7/14	SMA50 ⓘ	-16.38% ($92.66)	Rel Volume ⓘ	0.86	Prev Close ⓘ	$76.32
Employees ⓘ	136	LT Debt/Eq ⓘ	0.04	EPS/Sales Surpr. ⓘ	1566.67% 0.61%	SMA200 ⓘ	48.63% ($52.13)	Avg Volume(3M) ⓘ	2.61M	Price ⓘ	$77.48
IPO ⓘ	1997/8/15	Option/Short ⓘ	Yes/Yes			Trades ⓘ	29025	Volume ⓘ	2,246,244	Change ⓘ	1.52%

Quarterly earnings trend SEC filings · USD

24.8

24.11

25.2

25.5*

25.8

25.11

26.2

Revenue Net income 최근 분기: 매출 $10M (YoY -44%) · 순이익 $-3M (YoY -398%)

* Q4 figures are derived from the annual filing (10-K) · loss-making quarters are underlined in red

📊 Aehr Test Systems (AEHR) Investment Analysis

What kind of company is Aehr Test Systems?

에어테스트 시스템즈(AEHR)

Technology · Semiconductor Equipment & Materials

#1946 by Market Cap — Mid-Cap

A U.S. semiconductor equipment company that supplies semiconductor test and burn-in equipment. It provides wafer-level test and burn-in equipment for silicon carbide and AI semiconductors, and is exposed to demand for semiconductor reliability verification. It operates in the semiconductor test equipment sector.

Learn more about Aehr Test Systems →

Market Cap

$2.5B

Approx. KRW 3.4 trillion

⚖️ 1% of Samsung Electronics

Market Cap Rank1946

Employees136people

IPO1997/08/15

Current Price$77.48 ≈ 106,148원

📌 RUT · NASD · USA

Key Events

⏰ Upcoming events

🔔 Earnings release

The next release date has not been announced yet.

🎯 Ex-dividend date

No scheduled dividends

📜 Recent events

🔔 Earnings release 2026년 7월 14일 (화) · 장 마감 후 EPS +1566.7% 매출 +0.6%

🔔 Earnings release 2026년 4월 7일 (화) · 장 마감 후 EPS +28.6% 매출 -5.0%

Is it profitable?

Financially sound but profitability is low

Losses or thin margins — early-stage growth or weakening competitiveness

Profitability — How efficiently it makes money

Operating Margin

Profit kept from selling products and services (higher is better)

-28.3%

✓ 적자

💡 적자 상태 — 수익을 내지 못하고 있습니다

Net Margin

Share of revenue left after taxes and interest are paid

-14.3%

✓ 적자

💡 적자 상태 — 수익을 내지 못하고 있습니다

Gross Margin

Profit after subtracting raw-material costs only (signals product competitiveness)

40.6%

✓ 평균

My positionMid-range

Low range Average High range

Semiconductor Equipment & Materials Median 41.3% · Bottom 48%

💡 제조업 30%, IT/소프트웨어 50% 이상이면 우수 (업종별 편차 큼)

ROE

Annual return earned on shareholders' equity (15%+ is strong)

-4.2%

✓ 적자

💡 적자 상태 — 수익을 내지 못하고 있습니다

ROA

Annual earnings relative to total company assets

-3.6%

✓ 적자

💡 적자 상태 — 수익을 내지 못하고 있습니다

ROIC

Return generated per dollar invested in the business

-3.1%

✓ 적자

💡 적자 상태 — 수익을 내지 못하고 있습니다

Financial health — Debt & liquidity burden

Debt-to-Equity (D/E)

Debt relative to equity (lower is healthier)

0.05

✓ Very low debt

My positionTop 25%

Low range Average High range

Semiconductor Equipment & Materials Median 0.21

💡 일반적으로 1.0 이하면 건전, 1.5까지는 무난 (금융·유틸·REIT는 구조적으로 높음)

Current Ratio

Liquid assets available to cover liabilities due within a year

10.33

✓ 우수

My positionTop 5%

Low range Average High range

Semiconductor Equipment & Materials Median 3.07

💡 1.5~3.0 적정, 1.0 미만이면 단기 유동성 주의

Quick Ratio

Liquid assets excluding inventory, available for immediate use

8.01

✓ 우수

My positionTop 5%

Low range Average High range

Semiconductor Equipment & Materials Median 2.06

💡 1.0 이상이면 안전, 0.5 미만이면 주의

* Ratings reflect relative position vs. peer-group distribution (same sector & size) plus absolute guards (loss & risk thresholds).

What's the outlook?

Positive Outlook

Price targets, growth, and valuation are favorable

애널리스트 목표가

$113.75

현재가 대비 +46.8%

💡 12개월 이내 도달을 전망하는 애널리스트 컨센서스 평균

예상 PER (Forward)

56.01배

💡 내년 예상 EPS 기준. 현재 PER과 비교해 이익 성장 반영 정도 확인

내년 EPS 예상 성장률

+119.6%

💡 10% 이상이면 견조한 성장, 마이너스는 이익 감소 예상

⚠ 이 데이터는 애널리스트 추정치이며 실제 결과와 다를 수 있습니다. 투자 결정은 추가 검토와 함께 하세요.

Did earnings meet expectations?

High Earnings Reliability

Beat estimates in 2 of the last 2 quarters

예상 상회

예상 부합

예상 하회

100%

상회 비율

+797.6%

평균 서프라이즈

2026.07.14

상회

실적 $0.11 · 예상 $-0.01 +1566.7%

2026.04.07

상회

실적 $-0.05 · 예상 $-0.07 +28.6%

💡 예상보다 높은 실적을 자주 내는 기업은 실적 신뢰도가 높다고 평가됩니다. 단, 애널리스트 기대치가 낮게 설정되었을 수도 있으니 절대 수치도 함께 봐야 합니다.

Is it growing?

Strong Growth

Above the industry average, both historically and going forward

Declining Growth EPS or revenue is declining — check for structural issues or economic sensitivity

🔮 How much will it grow? (analyst forecasts)

This Year's EPS Outlook

Projected EPS growth rate for this year

+2000.0%

우수

My positionTop 5%

Low range Average High range

미분류 중형주 Median 7.3% · Top tier

Next Year's EPS Outlook

Projected EPS growth rate for next year (analyst consensus)

+119.6%

우수

My positionTop 25%

Low range Average High range

미분류 중형주 Median 15.6% · Top 23%

📊 How much has it grown? (actual results)

Past 5-Year EPS

Actual average annual EPS growth over the past 5 years

-21.9%

부진

My positionBottom 25%

Low range Average High range

미분류 중형주 Median 6.4% · Bottom 18%

Past 5-Year Revenue

How much revenue grew over the past 5 years

+24.7%

우수

My positionTop 5%

Low range Average High range

미분류 중형주 Median 9.8% · Top 1%

⚡ Short-term momentum

QoQ Revenue

Revenue change from the previous quarter (short-term momentum)

+33.7%

양호

My positionMid-range

Low range Average High range

미분류 중형주 Median 10.8% · Top 28%

* Forecast values are analyst consensus estimates. Ratings are determined by relative position vs. peer group of the same growth style and size.

New to investing terms? Look it up in the financial dictionary →

Has the stock risen over the long term?

Outperformed the market by 1220%p over 5 years

AEHR +1288.5% · S&P 500 +68.3%

Excess return vs. market (price-based, ex-dividends)

5-year basis

vs S&P 500

+1220.2%p

well ahead of the market

vs Technology (XLK)

+1160.7%p

well ahead of the sector average

1-year basis

vs S&P 500

+240.4%p

well ahead of the market

vs Technology (XLK)

+223.3%p

well ahead of the sector average

Rank among peers

5-year return Top among peers Based on 13 peers

1-year return Upper-Mid (25%) Based on 13 peers

Current position within 52-week range

Low (-386.1%p) High (-38.8%p)

Current price is 386.1% above the 52-week low and 38.8% below the 52-week high

Recent risk (last 120 trading days)

Max drawdown

-42.6%

Annualized volatility

139.6%

Technical Indicators

Bollinger Bands · MACD · RSI · Stochastics · Ichimoku 5-line · recent 136-day series

Price · Bollinger Bands · Ichimoku Cloud

close
BB Upper
BB Mid
BB Lower
Tenkan
Kijun
Cloud (SpanA/B)

Bollinger Bands are upper and lower channels showing the closing price range (20 days · 2σ). Touching the upper band = overheated; touching the lower band = oversold. Ichimoku Cloud shows trend direction and strength through colored areas. Prices above the cloud indicate an uptrend; prices below indicate a downtrend. About Bollinger Bands →

🔴

Current diagnosis · 2026-07-27

Downtrend zone

Current price $77.48 below the midline ($80.32). Normal downward flow. Below the Ichimoku cloud (bearish).

MACD (12 · 26 · 9) Expand ▼

An indicator that uses the difference between the short-term EMA (12) and long-term EMA (26) to identify trend reversals. When MACD rises above the Signal line, it is a buy signal (golden cross); when it falls below, it is a sell signal (death cross). About MACD →

🟡

Current diagnosis · 2026-07-27

Neutral zone — weak trend

MACD -2.521 · Signal -3.346 · Hist 0.824. Weak directional bias.

RSI(14) · Stochastics %K(14) Expand ▼

RSI measures short-term buying and selling pressure on a scale of 0–100. 30 or below = oversold (a rebound may be possible); 70 or above = overbought (a pullback may be possible). Stoch %K similarly measures short-term momentum strength. RSI · Learn more about Stochastics →

🔴

Current diagnosis · 2026-07-27

Bearish zone

RSI 45.4 (below the neutral level of 50). Selling pressure leads, indicating a weak trend. Stoch %K is also 30.2.

※ "Current diagnosis" is an automated interpretation based on standard thresholds and is for reference only. Make your own comprehensive judgment before trading.

Is it attractive at this price?

Pricier than peers in its industry

Pricey on Vs. Earnings·Vs. Assets·Vs. Sales

💡 How to read this — Compare against peers in the same industry to see what the price is cheap or expensive relative to. Example: cheap vs. earnings = stock price is low relative to what the company earns; expensive vs. assets = stock price is high relative to assets on the balance sheet.

💵 Vs. Earnings Pricey

🏢 Vs. Assets Pricey

🧾 Vs. Sales Pricey

💵 Vs. Earnings

Forward PER Forward Price-to-Earnings Ratio

PER using next year's estimated earnings — reflects growth

56.01x

✓ Very pricey

My positionBottom 5%

Low range Average High range

Semiconductor Equipment & Materials median 30.61x · Bottom 1% — expensive within the industry

💡 향후 12개월 예상 EPS 기준 PER. 현재 PER보다 낮으면 이익 성장 중

🏢 Vs. Assets

PBR Price-to-Book Ratio

Price vs. the company's asset value — below 1 trades cheaper than assets

11.46x

✓ Pricey

My positionBottom 25%

Low range Average High range

Semiconductor Equipment & Materials median 4.93x · Bottom 23% — expensive within the industry

💡 PBR 1 미만이면 청산가치 이하 (금융·제조업에서 특히 의미, IT는 낮은 비중)

🧾 Vs. Sales

PSR Price-to-Sales Ratio

Market cap vs. revenue — lower is cheaper relative to sales

50.33x

✓ Very pricey

My positionBottom 5%

Low range Average High range

Semiconductor Equipment & Materials median 6.61x · Bottom 1% — expensive within the industry

💡 PSR 2 이하 저평가, 10 초과면 고평가 (고성장 기업일 때만 정당화)

Analyst target price (reference)

$113.75 vs. current price +46.8%

* Valuation is the stock's relative position within the industry peer group (same sector and market-cap range). Even when valuation looks attractive, check the 'Profitability' and 'Growth' sections too.

As of: Recent snapshot · Peer group: Semiconductor Equipment & Materials

Who owns it?

Ownership is broadly stable

Insider net selling -23.3% · Institutional net buying +3.3% · Short interest elevated 15.7% · Short interest fell -1.3%p over the last 90 days

📈 Recent trading flow (6 months)

🧑‍💼 Insiders (executives & directors)

-23.3%

Insiders large net selling

🏦 Institutions (funds & investors)

+3.3%

Institutions net buying

💡 Net change over the past 6 months. Shows how much insiders and institutions increased or reduced their holdings, in %.

👥 Holdings composition

🏦 Institutions 69.9%

Adequate institutional weight

Technology 중형주 Median 87.1%

🧑‍💼 Insiders 5.6%

Meaningful insider stake

Technology 중형주 Median 5.1%

👤 Retail investors (estimated) 24.5%

Everyone excluding institutions and insiders

Institutions Insiders Retail (est.)

📉 Short-selling metrics

Short ratio

15.7%

Somewhat high

Technology 중형주 Median 10.2%

Past 90 days 📉 -1.3%p decrease

Short interest days to cover

1.8 days

Days needed to close short positions using average trading volume

🧮 Share count

Total shares outstanding 32.5M주

Float (tradable shares) 30.7M주

* Insider/institutional flows are based on net changes over the past 6 months. Trend is cumulative over the past 90 days.

ETFs holding AEHR

ETFs with the highest weightings · 10 total shown

PTF

Invesco Dorsey Wright Technology Momentum ETF

3.70%

$622M

QQQS

Invesco NASDAQ Future Gen 200 ETF

0.77%

$21M

AIMS

Acuitas Small Cap Active ETF

0.37%

$87M

ISMD

Inspire Small/Mid Cap ETF

0.34%

$333M

IWC

iShares Micro-Cap ETF

0.23%

$1.4B

* Based on official quarterly filings. Latest disclosure; actual current weights may differ.

How much does it pay in dividends?

This company does not pay a dividend

It may be a growth-focused firm reinvesting profits into expansion. Consider this growth-stock profile when investing.

Compare Industry Peers

💡 vs. sector average ▲ Favorable / ▼ Unfavorable (Lower PER and PBR are better; higher ROE and dividend yield are better)

Sorted by market cap, largest first

Stock	Market Cap	PER	PBR	ROE	Dividend Yield	Change
AEHR This Stock	$2.5B	-	11.5 ▼	-4.16% ▼	-	+1.5%
AAPL	$4.95T	40.8 ▼	46.4 ▼	141.47% ▲	0.32% ▼	+1.2%
NVDA	$4.76T	30.1 ▲	24.4 ▼	114.29% ▲	0.33% ▼	-5.0%
MSFT	$2.89T	23.2 ▲	7.0 ▼	34.01% ▲	0.95% ▼	+1.9%
TSM	$2.07T	28.8 ▲	11.2 ▼	40.06% ▲	1.03% ▼	-1.1%
AVGO	$1.82T	63.8 ▼	20.8 ▼	37.28% ▲	0.68% ▼	+0.4%
Sector Avg	-	31.1	3.0	1.77%	1.11%	-

Derivative ETFs for AEHR

Leveraged, inverse, and covered call ETFs based on the underlying asset

1 derivative ETFs based on AEHR (Leverage 1)

These are based on the same underlying asset but carry a completely different risk and return profile. Please review the warning below first.

ℹ️ What is a Derivative ETF?

These are special ETFs that amplify, reverse, or monetize the price movement of an underlying ETF or security. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs target opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.

⚠️ Caution: Long-Term Holding

Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.

📈 Leverage 1 ETFs that move 2-3x with AEHR (high volatility)