Market Cap
$8.5B
AAOI
APPLIED OPTOELECTRONICS, INC.
$107.78 ▲ +0.43%
Prev close $107.32Market cap$8.5B
ConsensusBuy
12-mo target$163.40 (+51.6%)
▲ Bullish
Analyst conviction 7/10
Insider Selling Cluster (3 insiders)High Impact Filing (7/10)31 New Institutional Positions19 Institutional Exits Semiconductors
Snapshot
The big-picture read on AAOI right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Buy (69%)
Inst. Holders
50 funds
Inst. Value
$8.5B
Inst. Activity
31 buys / 19 sells
Insider Activity
$0.00 buy / $47.7M sell
Insider Net $
-$47.7M
Social Sentiment
51° Neutral
SEC Reports
16
Press Releases
1
Price chart 30d +4.0%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 30, 2026 short_volume
Short Volume: AAOI — 59.7% short (1.4M / 2.4M)
Short: 1,410,016 | Exempt: 1,883 | TRF Vol: 2,362,941 | Short Ratio: 59.7% | Off-exchange volume (da
Sep 15, 2026 Insider
Sep 11, 2026 SEC BLACK RICHARD B gifted 2,200 shares
Director
Two AAOI insiders, including CFO Stefan Murry and director Fred Chang, sold a combined $3.97M in open-market sales over
CLUSTER — Impact 2/10
Sep 10, 2026 Insider
Murry Stefan J. sold 4,000 shares
Chief Financial Officer @ $105.33 ($421.3K)
Sep 8, 2026 Insider
Aug 12, 2026 SEC Chang Hung-Lun (Fred) sold 32,172 shares
*** See Remarks @ $110.21 ($3.5M)
Two AAOI insiders, including the CFO, sold a combined $1.18M in open-market sales over a 7-day window. The CFO's sale of
CLUSTER — Impact 3/10
Institutional activity in AAOI during 2026-Q2 was mixed: 5 smaller asset managers added positions totaling $12.5M in new
INST-CLUSTER — Impact 4/10
Jun 30, 2026 Inst.
Marex Group Ltd — DOUBLED
2,830,272 shares ($419.3M)
Analyst ratings buy % -10.4%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
69% rate it Buy or better · 13 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Aug 7, 2026 | Rosenblatt | MAINTAIN | Buy | 54% |
| Aug 7, 2026 | Needham | MAINTAIN | Buy | 50% |
| Jul 22, 2026 | Needham | MAINTAIN | Buy | 50% |
| Jun 22, 2026 | Rosenblatt | MAINTAIN | Buy | 54% |
| May 8, 2026 | Rosenblatt | MAINTAIN | Buy | 54% |
| Apr 21, 2026 | Needham | MAINTAIN | Buy | 50% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 2 | 7 | 4 | 0 | 0 | 69% | |
| Aug 1, 2026 | 2 | 7 | 4 | 0 | 0 | 69% | |
| Jul 1, 2026 | 2 | 7 | 4 | 0 | 0 | 69% | |
| Jun 1, 2026 | 2 | 7 | 4 | 0 | 0 | 69% | |
| May 1, 2026 | 2 | 7 | 4 | 0 | 0 | 69% | |
| Apr 1, 2026 | 2 | 7 | 4 | 0 | 0 | 69% | |
| Mar 1, 2026 | 2 | 7 | 4 | 0 | 0 | 69% | |
| Feb 1, 2026 | 2 | 8 | 2 | 1 | 0 | 77% |
Price targets
Where 5 covering analysts think AAOI trades over the next 12 months.
$163.40 +51.6% upside Strong Buy
Current$107.78 Low$109.00 Median$178.00 High$220.00 5 analysts
$109.00$220.00
Analyst rating None as of Oct 2, 2026
Social media sentiment mood -16.7%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
51°
Neutral
BearishNeutralBullish
Recent posts
What do you think about AAOI?
▲ 1 · 💬 1· ⚡ 0.5
Doing pretty well so far this month
▲ 1 · 💬 5· ⚡ 0.5
let's discuss the next bottleneck ---- my thoughts best risk reward is robotics
▲ 1 · 💬 5· ⚡ 0.5
Applied Optoelectronics $AAOI. Why is it falling?
▲ 1 · 💬 5· ⚡ 0.5
How did an OTM defined-risk AAOI put butterfly turn into a $435,600 assignment and a $61,000 loss?
▲ 1 · 💬 1· ⚡ 0.5
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
16 SEC filing reports analyzed · 0 bullish, 3 bearish, 1 mixed, 12 neutral · avg impact 3.8/10.Plus 1 press releases.
NEUTRALCLUSTER2/10
Two AAOI insiders, including CFO Stefan Murry and director Fred Chang, sold a combined $3.97M in ope
Sep 11, 2026
NEUTRALCLUSTER3/10
Two AAOI insiders, including the CFO, sold a combined $1.18M in open-market sales over a 7-day windo
Aug 12, 2026
MIXEDINST-CLUSTER4/10
Institutional activity in AAOI during 2026-Q2 was mixed: 5 smaller asset managers added positions to
Aug 2, 2026
NEUTRAL8-K4/10
Applied Optoelectronics' Chinese subsidiary Global Technology doubled its credit facility with Shang
Jun 16, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 30, 2026
short_volume
Short Volume: AAOI — 59.7% short (1.4M / 2.4M)
Short: 1,410,016 | Exempt: 1,883 | TRF Vol: 2,362,941 | Short Ratio: 59.7% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
short_volume
Short Volume: AAOI — 62.1% short (2.0M / 3.3M)
Short: 2,021,914 | Exempt: 2,828 | TRF Vol: 3,255,953 | Short Ratio: 62.1% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: AAOI — 62.8% short (2.1M / 3.3M)
Short: 2,097,309 | Exempt: 3,231 | TRF Vol: 3,340,466 | Short Ratio: 62.8% | Off-exchange volume (dark pool + OTC)
Sep 25, 2026
short_volume
Short Volume: AAOI — 58.5% short (1.3M / 2.3M)
Short: 1,334,939 | Exempt: 35 | TRF Vol: 2,282,983 | Short Ratio: 58.5% | Off-exchange volume (dark pool + OTC)
Sep 24, 2026
other
AOI Brings First Live Quantum30 3.0GHz Concept Demo to SCTE TechExpo in Atlanta
Company Publishes White Paper on Expanding CATV Spectrum to 3.0GHz SUGAR LAND, Texas, Sept. 24, 2026 /PRNewswire/ -- AOI (NASDAQ: AAOI), a leading pro
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.14 | $0.10–$0.19 | 259.3% | -48.5% | 0↑ 6↓ | $0.3B | 6 |
| Next Q | $0.56 | $0.44–$0.75 | 5650.0% | -17.2% | 3↑ 3↓ | $0.4B | 6 |
| Current FY | $0.68 | $0.47–$0.85 | 361.5% | -23.5% | 2↑ 4↓ | $1.0B | 6 |
| Next FY | $4.60 | $3.52–$8.08 | 576.8% | -3.6% | 3↑ 2↓ | $2.7B | 5 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.143 | — |
| 7d ago | $0.143 | — |
| 30d ago | $0.278 | -0.135 |
| 60d ago | $0.278 | -0.135 |
| 90d ago | $0.278 | -0.135 |
Institutional ownership
Which big funds own AAOI (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $8.5B total value (57,145,373 shares) as of 2026-Q2. Top holders: NOMURA, BlackRock,, Invesco. Net buying activity: 31 institutions added/increased vs 19 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| NOMURA ASSET MANAGEMENT CO LTD | 0 | $0.00 | 0.0% | — |
| BlackRock, Inc. | 6,450,270 | $955.7M | 11.3% | — |
| Invesco Ltd. | 3,414,262 | $505.9M | 6.0% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 3,363,001 | $498.3M | 5.9% | — |
| JANE STREET GROUP, LLC | 2,847,900 | $421.9M | 5.0% | NEAR_EXIT -75.3% |
| Marex Group Ltd | 2,830,272 | $419.3M | 5.0% | DOUBLED +878.8% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2,729,700 | $404.4M | 4.8% | DOUBLED +646.2% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2,663,500 | $394.6M | 4.7% | DOUBLED +646.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2,651,718 | $392.9M | 4.6% | ADD +47.2% |
| Marex Group Ltd | 2,500,000 | $370.4M | 4.4% | DOUBLED +878.8% |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| Marex Group Ltd | DOUBLED | 289,167 | 2,830,272 | +878.8% | $419.3M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | ADD | 1,801,883 | 2,651,718 | +47.2% | $392.9M |
| UBS Group AG | DOUBLED | 970,744 | 2,111,464 | +117.5% | $312.8M |
| Value Aligned Research Advisors, LLC | ADD | 1,267,938 | 1,595,124 | +25.8% | $236.3M |
| GOLDMAN SACHS GROUP INC | ADD | 1,084,764 | 1,586,453 | +46.2% | $235.0M |
| Clear Street Group Inc. | NEW | — | 1,231,143 | — | $182.4M |
| MORGAN STANLEY | ADD | 727,566 | 1,115,138 | +53.3% | $165.2M |
| FRONTIER CAPITAL MANAGEMENT CO LLC | DOUBLED | 284,146 | 975,318 | +243.2% | $144.5M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | DOUBLED | 86,973 | 648,986 | +646.2% | $96.2M |
| JANE STREET GROUP, LLC | NEAR_EXIT | 2,279,318 | 563,557 | -75.3% | $83.5M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
11 insiders, 50 transactions. Net -$47.7M — $0.00 bought, $47.7M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 15, 2026 | BLACK RICHARD B | Director | GIFT | 2,200 | — | — |
| Sep 10, 2026 | Murry Stefan J. | Chief Financial Officer | SELL | 4,000 | $105.33 | $421.3K |
| Sep 8, 2026 | Chang Hung-Lun (Fred) | *** See Remarks | SELL | 32,172 | $110.21 | $3.5M |
| Aug 18, 2026 | Yeh Shu-Hua (Joshua) | *** See Remarks | SELL | 6,000 | $147.73 | $886.4K |
| Aug 10, 2026 | Murry Stefan J. | Chief Financial Officer | SELL | 4,000 | $144.79 | $579.2K |
| Aug 4, 2026 | Yeh Shu-Hua (Joshua) | *** See Remarks | SELL | 4,715 | $126.50 | $596.4K |
| Jul 31, 2026 | Lin Chih-Hsiang (Thompson) | President and CEO | AWARD | 9,251 | — | — |
| Jul 22, 2026 | Murry Stefan J. | Chief Financial Officer | TAX W/H | 679 | $119.26 | $81.0K |
| Jul 22, 2026 | Yeh Shu-Hua (Joshua) | *** See Remarks | TAX W/H | 609 | $119.26 | $72.6K |
| Jul 22, 2026 | Murry Stefan J. | Chief Financial Officer | TAX W/H | 2,971 | $119.26 | $354.3K |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for AAOI.
Shares short
12,307,146
Settlement Sep 15, 2026
Change vs prior
+1.8%
Semi-monthly cycle
Days to cover
2.0
At avg daily volume
Of shares outstanding
≈14.5%
Estimate — not % of float
All AAOI filing & press-release reports (17)
- CLUSTER reportSep 11, 2026
- CLUSTER reportAug 12, 2026
- INST-CLUSTER reportAug 2, 2026
- 8-K reportJun 16, 2026
- CLUSTER reportJun 16, 2026
- CLUSTER reportJun 11, 2026
- CLUSTER reportJun 8, 2026
- 8-K reportJun 5, 2026
- CLUSTER reportMay 19, 2026
- DEFA14A reportMay 8, 2026
- 8-K reportMay 8, 2026
- PRESS-RELEASE reportApr 29, 2026
- DEFA14A reportApr 24, 2026
- PRESS-RELEASE reportApr 16, 2026
- 8-K reportApr 13, 2026
- CLUSTER reportMar 23, 2026
- 8-K reportMar 5, 2026