AEHR trades 31.7% below Wall Street's consensus target of $132.50.
Last 12 months price action with 12-month analyst target path
The base valuation assumes AEHR achieves its forward estimates and maintains a stable P/E multiple of 132.7x. This scenario reflects the blended consensus of 3 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 23, 2026, Aehr Test Systems (AEHR) has a Wall Street consensus price target of $132.50, based on estimates from 3 covering analysts. With the stock currently trading at $100.60, this represents a potential upside of +31.7%. The company has a market capitalization of $3.16B.
Analyst price targets range from a low of $110.00 to a high of $175.00, representing a 49% spread in expectations. The median target of $122.50 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Hold, with 1 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, AEHR trades at a trailing P/E of -437.4x and forward P/E of 132.7x. Analysts expect EPS to grow +426.2% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 COHUCohu, Inc. | $3.0B | $64.54 | $66.83 | +3.5% | Buy | 67.9x | 14 |
 ACLSAxcelis Technologies, Inc. | $3.6B | $115.74 | $140.00 | +21.0% | Buy | 28.2x | 13 |
 ONTOOnto Innovation Inc. | $14.1B | $283.81 | $385.56 | +35.9% | Buy | 35.0x | 12 |
 ICHRIchor Holdings, Ltd. | $2.0B | $57.44 | $96.00 | +67.1% | Buy | 36.6x | 14 |
 FORMFormFactor, Inc. | $9.8B | $126.01 | $150.50 | +19.4% | Buy | 41.4x | 19 |
 KLICKulicke and Soffa Industries, Inc. | $4.7B | $89.54 | $62.50 | -30.2% | Buy | 23.2x | 11 |
 MKSIMKS Inc. | $17.6B | $260.37 | $404.00 | +55.2% | Buy | 19.8x | 29 |
 CAMTCamtek Ltd. | $7.1B | $151.36 | $181.50 | +19.9% | Buy | 41.9x | 13 |
 PLABPhotronics, Inc. | $1.8B | $30.42 | $55.00 | +80.8% | Buy | 15.1x | 11 |
 WOLFWolfspeed Inc. | $14.5B | $27.99 | $54.32 | +94.1% | Hold | — | 19 |
Quick answers to the most common questions about buying AEHR stock.
The consensus Wall Street price target for AEHR is $132.5, representing 31.7% upside from the current price of $100.6. With 3 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
AEHR has a consensus rating of "Hold" based on 3 Wall Street analysts. The rating breakdown is mixed, with 2 Hold ratings making up the largest segment. The consensus 12-month price target of $132.5 implies 31.7% upside from current levels.
At a forward P/E of 132.7177x, AEHR trades at a premium valuation. The consensus price target of $132.5 (31.7% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $175 for AEHR, while the most conservative target is $110. The consensus of $132.5 represents the median expectation. These targets typically reflect 12-month expectations.
AEHR is lightly followed, with 3 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month AEHR stock forecast based on 3 Wall Street analysts shows a consensus price target of $132.5, with estimates ranging from $110 (bear case) to $175 (bull case). The median consensus rating is "Hold".
AEHR trades at a forward P/E ratio of 132.7x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on AEHR, with a "Hold" consensus rating and $132.5 price target (31.7% upside). 1 of 3 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
AEHR analyst price targets range from $110 to $175, a 49% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $132.5 consensus represents the middle ground.
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