Stocktoria

AEHR TEST SYSTEMS AEHR

AEHR TEST SYSTEMS (AEHR) earns a Piotroski F-score of 2/9 (weak financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2026 revenue was $50.0M at a -14.3% net margin.

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35/100
Stocktoria Quality Score · grade D
2/9
Piotroski F — financial health
12.12
Altman Z″ — distress risk · safe
Dividend yield · no dividend

Quality score trend · recomputed for each fiscal year

Piotroski F /9
5 6 3 5 2 6 4 4 0 2 2017201820192020202120222023202420252026
Altman Z″
-2.30 -1.16 -5.27 -6.01 -8.54 7.22 7.56 11.70 7.50 12.12 2017201820192020202120222023202420252026

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$129.23 as of 2026-08-01 · +418% 1y
$20.19$129.2352-wk
Market cap USD$2.9B
Net margin 5y avg14%
Return on equity 5y avg12.2%
Beta3.18
Employees136

Analyst price target

$71.33 -44.8% vs last
consensus: strong buy · 3 analysts
target range $56.00 – $90.00 · median $68.00
3 buy · 1 hold
Recent analyst actions
DateFirmRating
2026-03-05Freedom BrokerHold (main)
2026-03-02William BlairOutperform (up)
2026-02-13Freedom BrokerHold (main)
2026-01-13Freedom BrokerHold (main)
2026-01-09Craig-HallumHold (main)
2025-12-17Lake StreetBuy (init)

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 10y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 12%
Net marginstronger than 38%
Return on equitystronger than 55%
Revenue growthstronger than 11%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 2/9 tests passed

Altman Z″ components · safe zone

ComponentValue
Working capital / assets0.675
Retained earnings / assets-0.122
EBIT / assets-0.057
Equity / liabilities8.075

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
AEHRAEHR TEST SYSTEMS2/912.12-15.2%
FEIMFREQUENCY ELECTRONICS INC3/93.56-9.4%
DAIODATA I/O CORP2/92.64-1.2%
MTMVMotomova Inc1/9
INTTINTEST CORP4/94.89-12.9%
TRNSTRANSCAT INC5/93.32160.2+19.2%
COHUCOHU INC4/95.27+12.7%

All Manufacturing companies →

About AEHR TEST SYSTEMS

Aehr Test Systems, Inc. provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, package part form, and installed systems in the United States, Asia, and Europe. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D, and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The company offers FOX-CP system, a low-cost single-wafer compact test solution for logic, memory, and photonic devices; and FOX WaferPak Contactor, a full wafer contactor capable of testing wafers up to 300mm that enables integrated circuit manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. In addition, it provides FOX DiePak Carrier, which allows testing, burning in, and stabilization of singulated bare die and modules; and FOX DiePak Loader. The company was incorporated in 1977 and is headquartered in Fremont, California.

FAQ

Is AEHR financially healthy?

AEHR TEST SYSTEMS's Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.

Does AEHR pay a dividend?

No, AEHR TEST SYSTEMS does not currently pay a dividend.

How profitable is AEHR?

In FY2026, AEHR TEST SYSTEMS had a net margin of -14.3% and a return on equity of -3.2%.

Is AEHR overvalued or undervalued?

AEHR TEST SYSTEMS trades at about 115.4× trailing earnings — above its 10-year norm (10-year range 10.0×–117.5×, median 53.8×). Stocktoria reports the data, not buy/sell advice.

What is the analyst price target for AEHR?

The average Wall-Street price target for AEHR TEST SYSTEMS is $71.33, about 44.8% below the recent price, from 3 analysts (consensus: strong buy).

Is AEHR a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on AEHR TEST SYSTEMS: a Piotroski F-score of 2/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2026-05-29. Facts plus Stocktoria's own computed scores — not investment advice.