Rosenblatt Rates Applied Optoelectronics (AAOI) buy

Rosenblatt maintains its buy rating for Applied Optoelectronics, setting a $220 price target, a 53.24% upside from the current price.

By TradeTexts Research Desk · Published Jun 22, 2026, 9:01 AM EDT · Updated Jun 25, 2026, 10:01 AM EDT

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Rosenblatt rated Applied Optoelectronics, Inc. ($AAOI) "buy" with a $220 price target on June 22, 2026.

Since the rating, $AAOI is down 12.3% after 1 week, down 35.5% after 1 month and down 55.9% to date (from the $171.23 close on Jun 22, 2026).

AAOI Applied Optoelectronics, Inc.

$75.57 +90.83% year to date

Daily close · Oct 16, 2026

Key Points

Rosenblatt reiterated its buy rating on Applied Optoelectronics, Inc. (AAOI) with a target price of $220 on June 22, 2026.
Rosenblatt's $220 price target implies 53.24% upside from Applied Optoelectronics, Inc.'s ($AAOI) current $143.56 share price.
Shares of AAOI traded near $161.73 on Monday, with a market cap of $12.99 billion and a forward P/E of 33.92.
BlackRock, Inc. increased its holdings in AAOI by 1.89 million shares, while Invesco Ltd. reduced its stake by 1.5 million shares.

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Rosenblatt reiterated its buy rating on Applied Optoelectronics, Inc. (NasdaqGM: AAOI) on June 22, 2026. The firm set a price target of $220 for the company, maintaining its positive outlook.

Analyst rating track record

Rosenblatt vs. the S&P 500

YTD return +43.61% hypothetical

All-time return +91.22% S&P 500 +27.14%

vs. S&P 500 +64.08% ahead of the index

Hypothetical returns from Rosenblatt's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Applied Optoelectronics

BlackRock, Inc. grew its holdings by 1.89 million shares, ending with 7.19 million shares worth about $608.4 million. Vanguard Capital Management LLC opened a new position with 3.06 million shares valued at approximately $258.97 million. Oberweis Asset Management Inc. added 310,328 shares, bringing its total to about 2.35 million shares valued at $198.78 million. Jane Street Group, LLC increased its stake by 596,424 shares to 2.28 million shares, worth $192.81 million. Conversely, Invesco Ltd. reduced its holdings by 1.5 million shares, now holding 2.01 million shares valued at $170.40 million.

Applied Optoelectronics, Inc. Stock Up 66.5%

Shares of NasdaqGM:AAOI traded near $161.73 on Monday. Applied Optoelectronics has a market cap of $12.99 billion, a forward P/E ratio of 33.92, and a beta of 3.671. The stock's 52-week range is between $18.50 and $233.67. It has a 50-day moving average of $169.83 and a 200-day moving average of $76.89. The company maintains a current ratio of 3.826 and a quick ratio of 2.847, with a debt-to-equity ratio of 25.356.

12-month forecast

$AAOI price target

Applied Optoelectronics, Inc. daily closes and this analyst's $220 target. Not advice.

Recent Earnings

For its recent quarter, Applied Optoelectronics reported revenue of $507 million, reflecting growth of 51.4%. The company posted a net margin of -8.55% and a return on equity of -6.13%. The next earnings report is anticipated on August 6, 2026.

Insider Buying and Selling at Applied Optoelectronics, Inc.

On June 18, 2026, Joshua Yeh sold 6,000 shares at an average price of $171.89 under a Rule 10b5-1 plan. Fred Chang sold 40,329 shares at $170.60 on June 17, 2026, also under a planned sale. On June 12, 2026, Joshua Yeh sold 23,397 shares at $172.78 and 28,826 shares at $166.53, while Fred Chang sold 34,000 shares at $166.53. Additionally, CEO Thompson Lin sold 86,655 shares at $172.78.

Analysts Set New Price Targets

On June 22, 2026, Rosenblatt maintained its buy rating with a $220 price target. The consensus recommendation for Applied Optoelectronics is a buy, with an average target price of $151.30 based on five analyst opinions.

About Applied Optoelectronics

Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products primarily in the United States, Taiwan, and China. The company offers a range of optical modules, filters, lasers, and related equipment. Its customers include internet data center operators, cable television companies, and telecom equipment manufacturers. Headquartered in Sugar Land, Texas, the company is led by CEO Dr. Chih-Hsiang Lin and employs about 4,691 people.

Bottom Line

Rosenblatt's reiteration of its buy rating for Applied Optoelectronics with a $220 target highlights the firm's confidence in the company's prospects. Investors often track such analyst updates for insights into potential future performance. As with all 13F filings and analyst reports, it's important to remember that these reflect past data and may not indicate current or future positions.