Stocks · Technology · Hardware, Equipment & Parts
Advanced Energy Industries, Inc. AEIS
$304.28 +3.46% Close, Oct 2, 2026 · NASDAQ · Market cap $12.19B
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $5.36, up 142.5% year over year.
- The diluted share count rose 11.9% in a year.
- Earnings beat analyst estimates in each of the last 9 quarters (average surprise over the last four: +14.5%).
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth59Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 25%
- EPS growth (TTM, YoY)Top 15%
- FCF growth (TTM, YoY)Bottom 16%
- Revenue growth, 3-year CAGRBottom 27%
- Revenue growth accelerationTop 33%
Quality53Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 32%
- Gross marginBottom 36%
- Operating marginTop 27%
- Cash conversion (OCF / net income)Bottom 23%
- Accruals (lower is better)Bottom 16%
- Net debt / EBITDA (lower is better)Top 43%
- Interest coverTop 18%
Value40Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 42%
- Free-cash-flow yieldBottom 32%
- EBITDA / enterprise valueBottom 45%
- Sales / enterprise valueBottom 36%
- P/E vs own 5-year history (lower is better)Bottom 34%
Momentum57Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 20%
- 6-month returnBottom 21%
- 1-year return vs S&P 500Top 20%
- Distance from 52-week highTop 38%
- Trend checklist (0–4)Bottom 40%
Revisions88Strong
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 35%
- Consecutive EPS beatsTop 23%
- Share of analysts rating BuyTop 42%
- Upside to consensus price targetTop 34%
Stability57Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 38%
- Maximum drawdown, 3 yearsTop 11%
- Beta vs S&P 500 (lower is better)Bottom 35%
- Net debt / EBITDA (lower is better)Top 43%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 22.2% | 24.6% | ↑ |
| EPS growth (YoY) | 146.1% | 142.5% | ↓ |
| Gross margin | 36.8% | 39.7% | ↑ |
| Operating margin | 5.2% | 13.7% | ↑ |
| FCF margin | 7.5% | 4.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 24.6% | 22.2% | ↑ | Top 25% |
| EPS growth (TTM, YoY) | 142.5% | 146.1% | ↓ | Top 15% |
| Gross margin | 39.7% | 36.8% | ↑ | Bottom 36% |
| Operating margin | 13.7% | 5.2% | ↑ | Top 27% |
| Net margin | 10.8% | 5.1% | ↑ | — |
| Free-cash-flow margin | 4.3% | 7.5% | ↓ | — |
| Return on invested capital | 8.5% | — | Top 32% | |
| Revenue growth, 3-year CAGR | -0.8% | — | Bottom 27% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.09×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +8.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.06×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 18.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.13%
- Net buyback yield (TTM)
- 0.06%
- Shareholder yield
- 0.19%
- Share count change, 1 year
- +11.9%
- Share count change, 3-year CAGR
- +3.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 3, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 9
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +14.5%
- Average 2-day reaction, last 8
- -0.9%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $436.75
- Target vs current price
- +43.5%
- Analysts with a rating
- 27
- Share rating Buy or Strong Buy
- 70%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 3, 2026 | +24.0% | +2.4% | +12.3% | -5.8% | — |
| May 4, 2026 | +6.1% | -0.5% | -8.2% | -24.3% | -35.1% |
| Feb 10, 2026 | +9.6% | -0.0% | +12.5% | +11.5% | +29.2% |
| Nov 4, 2025 | +18.4% | -5.1% | +6.7% | +2.6% | +24.2% |
| Aug 5, 2025 | +17.2% | -0.7% | +7.9% | +3.5% | +45.6% |
| Apr 30, 2025 | +18.3% | +0.2% | +10.3% | +19.0% | +44.5% |
| Feb 12, 2025 | +19.3% | -0.2% | +18.1% | -5.0% | -0.7% |
| Oct 30, 2024 | +6.5% | -2.9% | +0.3% | +5.6% | +2.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 3, 2026 | $2.74 | $2.21 | +24.0% | $574.1M |
| May 4, 2026 | $2.09 | $1.97 | +6.1% | $511.0M |
| Feb 10, 2026 | $1.94 | $1.77 | +9.6% | $489.4M |
| Nov 4, 2025 | $1.74 | $1.47 | +18.4% | $463.3M |
| Aug 5, 2025 | $1.50 | $1.28 | +17.2% | $441.5M |
| Apr 30, 2025 | $1.23 | $1.04 | +18.3% | $404.6M |
| Feb 12, 2025 | $1.30 | $1.09 | +19.3% | $415.4M |
| Oct 30, 2024 | $0.98 | $0.92 | +6.5% | $374.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 56.8× | 29.3× | 76th | Top 42% |
| P/E (forward) | 27.1× | — | — | — |
| EV / EBITDA | 40.1× | — | — | Bottom 45% |
| EV / Sales | 5.97× | — | — | Bottom 36% |
| Free-cash-flow yield | 0.71% | — | — | Bottom 32% |
| Earnings yield | 1.76% | — | — | Top 42% |
P/E over the past five years
Range 15.4× – 95.4× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +72.7%
- Earnings per share growth (TTM)
- +142.5%
- Change in P/E multiple
- -12.5%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 2
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -5.3%
- 200-day average slope (20 days)
- +2.2%
- Distance from 50-day average
- +5.2%
- Distance from 200-day average
- -0.3%
- RSI (14)
- 61.9
- Relative volume
- 0.84×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 70.2%
- Volatility vs own 5-year history
- 93th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.64
- Correlation with S&P 500
- 0.51
- Current drawdown from 1-year high
- -21.8%
- Maximum drawdown, 3 years
- -39.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 19, 2021 | Jun 16, 2022 | -44.1% | 356 days | 280 days (Jul 31, 2023) |
| Feb 19, 2025 | Apr 4, 2025 | -39.9% | 32 days | 54 days (Jun 24, 2025) |
| May 1, 2026 | Sep 15, 2026 | -35.6% | 93 days | Not yet recovered |
| Aug 1, 2023 | Nov 1, 2023 | -32.9% | 65 days | 304 days (Jan 21, 2025) |
| Nov 5, 2025 | Nov 20, 2025 | -16.4% | 11 days | 29 days (Jan 5, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $12.19B
- P/E (TTM)
- 56.8
- EPS, diluted (TTM)
- $5.36
- Revenue (TTM)
- $2.04B
- Dividend yield
- 0.13%
- 52-week range
- $169.36 – $397.44
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.46B | $1.85B | $1.66B | $1.48B | $1.80B |
| Gross profit | $532.3M | $675.5M | $592.4M | $529.3M | $670.0M |
| Operating income | $151.7M | $233.1M | $113.7M | $36.6M | $195.2M |
| Net income | $134.7M | $199.7M | $128.3M | $54.2M | $148.4M |
| EPS (diluted) | $3.51 | $5.29 | $0.86 | $1.43 | $3.84 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $374.2M | $415.4M | $404.6M | $441.5M | $463.3M | $489.4M | $511.0M | $574.1M |
| Net income | -$14.9M | $48.9M | $24.7M | $25.2M | $46.2M | $52.3M | $66.8M | $54.1M |
| EPS (diluted) | -$0.40 | $1.29 | $0.65 | $0.67 | $1.20 | $1.30 | $1.58 | $1.28 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $140.2M | $183.6M | $208.9M | $130.7M | $233.3M |
| Capital expenditure | -$31.9M | -$58.9M | -$61.0M | -$56.8M | -$107.4M |
| Free cash flow | $108.4M | $124.7M | $147.9M | $74.0M | $125.9M |
| Dividends paid | -$15.4M | -$15.2M | -$15.2M | -$15.4M | -$15.6M |
| Net share buybacks | -$78.1M | -$26.6M | -$40.0M | -$1.8M | -$30.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.40B
- Total assets
- $3.43B
- Total liabilities
- $1.95B
- Total debt
- $1.38B
- Net debt
- -$19.5M
- Shareholders’ equity
- $1.46B
As of Jun 30, 2026 (filed Aug 3, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 24, 2026 | $0.10 | Sep 4, 2026 |
| May 22, 2026 | $0.10 | Jun 5, 2026 |
| Feb 23, 2026 | $0.10 | Mar 6, 2026 |
| Nov 24, 2025 | $0.10 | Dec 5, 2025 |
| Aug 25, 2025 | $0.10 | Sep 5, 2025 |
| May 23, 2025 | $0.10 | Jun 6, 2025 |
| Feb 24, 2025 | $0.10 | Mar 7, 2025 |
| Nov 25, 2024 | $0.10 | Dec 6, 2024 |
Short interest
- Shares sold short
- 1,818,246
- Days to cover
- 3.83
- Change vs previous report
- +4.7%
FINRA short interest, settlement date Sep 15, 2026.