Advanced Energy Industries, Inc. (AEIS) Stock Price & Analysis
Advanced Energy Industries, Inc. (AEIS) closed at USD 216.64 on Thursday, October 22, 2026, down 12.49% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 247.55; the Oct 22, 2026 session ranged USD 214.03–236.95 on volume of 998,766 shares. Market capitalization is $8.68B, with a 52-week range of USD 187.71–397.44 (NMS). Source: Nexqual, retrieved October 23, 2026 at 08:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/AEIS.md
Key facts (AEIS)
- Last four reported quarters (through Jun 30, 2026): revenue $2.04B, net income $219M (10.8% margin), free cash flow $86.7M (SEC filings).
- Valuation: P/E 39.5x (avg 55.7x at the last 3 fiscal year-ends), EV/EBITDA 25.8x, net cash $132M.
- 3 of 80 tracked superinvestors hold AEIS (13F, Q2 2026): 2 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 10 Form 4 filings, $9.7M; 0 not under a Rule 10b5-1 plan ($0K); 4 by opportunistic insiders (0 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.92 on a 1–5 scale) (12 analysts), mean target USD 420.33 (range 360–535).
- Total return with dividends: 1Y +9.3% vs S&P 500 +14.9%; 5Y +158.8% vs S&P 500 +80.3%.
- Next earnings: 2026-11-02, EPS estimate USD 3.05, revenue estimate $645M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (AEIS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.46B | $1.85B | $1.66B | $1.48B | $1.80B | $2.04B |
| Gross profit | $532M | $676M | $592M | $529M | $677M | — |
| Operating income | $152M | $233M | $114M | $36.6M | $168M | $269M |
| Net income | $135M | $200M | $128M | $54.2M | $148M | $219M |
| EPS (diluted) | $3.51 | $5.29 | $3.40 | $1.43 | $3.84 | — |
| Free cash flow | $111M | $125M | $148M | $74.0M | $126M | $86.7M |
| Gross margin | 36.6% | 36.6% | 35.8% | 35.7% | 37.7% | — |
| Operating margin | 10.4% | 12.6% | 6.9% | 2.5% | 9.3% | 13.2% |
| Net margin | 9.3% | 10.8% | 7.7% | 3.7% | 8.2% | 10.8% |
| Revenue growth | +2.8% | +26.8% | -10.3% | -10.5% | +21.4% | — |
| Cash + short-term investments | $547M | — | — | $722M | $791M | — |
| Total debt | $393M | $373M | $916M | $565M | $1.14B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (AEIS)
P/E 39.5x · P/S 4.3x · EV/EBITDA 25.8x · EV/Sales 4.2x · P/FCF 100.1x · P/B 6.0x · FCF yield 1.00% · Earnings yield 2.53% · Dividend yield (paid, TTM) 0.18% · Buyback yield (TTM) 0.08% · Net cash $132M · EV $8.54B
P/E at fiscal year-ends: Dec 2025 54.5x, Dec 2024 80.6x, Dec 2023 32.1x.
Superinvestors (SEC 13F-HR, Q2 2026) (AEIS)
3 of 80 tracked investors hold AEIS. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.06% | $34.1M | Added +11.9% |
| Lee Ainslie | Maverick Capital | 0.01% | $596K | New position |
| Polen Capital | Polen Capital Management | <0.01% | $560K | New position |
Insider sales (SEC Form 4, open-market, last ~7 months) (AEIS)
10 of 10 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-05 | Delsanto Anne | Director | 270 | $82K | 3.4% | Yes (adopted March 10, 2026) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-09-08 | Vonne Elizabeth Karpinski | EVP, General Counsel | 632 | $182K | 6.4% | Yes (adopted May 19, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-09-08 | Delsanto Anne | Director | 265 | $76K | 3.2% | Yes (adopted March 10, 2026) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-27 | Vonne Elizabeth Karpinski | EVP, General Counsel | 907 | $263K | 8.5% | Yes (adopted May 19, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-18 | Acebedo Eduardo Bernal | EVP and COO | 24,771 | $7.8M | 51.7% | Yes (adopted May 19, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-18 | Vonne Elizabeth Karpinski | EVP, General Counsel | 908 | $302K | 7.8% | Yes (adopted May 19, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-05 | Delsanto Anne | Director | 270 | $93K | 3.2% | Yes (adopted March 10, 2026) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-15 | Shirley Brian | Director | 1,234 | $459K | 15.6% | Yes (adopted December 12, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-04-16 | Vonne Elizabeth Karpinski | EVP, General Counsel | 966 | $357K | 7.7% | Yes (adopted November 12, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-04-15 | Delsanto Anne | Director | 240 | $91K | 3.7% | Yes (adopted March 13, 2025) | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (AEIS)
Consensus Buy (mean 1.92 on a 1–5 scale), 12 analysts; mean target USD 420.33 (low 360, high 535).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-05 | Seaport Global | Upgrade | Neutral → Buy | $410 |
| 2026-08-04 | TD Cowen | Target raised | Hold | $350 → $370 |
| 2026-08-04 | Citigroup | Target raised | Buy | $435 → $460 |
| 2026-08-04 | Morgan Stanley | Target raised | Overweight | $421 → $439 |
| 2026-08-04 | Needham | Reiterated | Buy | $400 |
| 2026-07-22 | Citigroup | Target raised | Buy | $410 → $435 |
| 2026-07-22 | Morgan Stanley | Initiated | Overweight | $421 |
| 2026-07-01 | Wells Fargo | Upgrade | Equal-Weight → Overweight | $345 → $465 |
| 2026-06-30 | Susquehanna | Target raised | Positive | $430 → $535 |
| 2026-06-29 | Cantor Fitzgerald | Target raised | Overweight | $400 → $450 |
Total return (dividends reinvested) (AEIS)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +9.3% | +158.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +9.4% | +20.9% |
| Volatility (annualized) | 64.8% | 41.3% |
| Max drawdown | -44.3% (May 2026→Oct 2026) | -44.3% (Apr 2026→Oct 2026) |
AEIS revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Product | $526.3M | 91.7% | +32.9% |
| Semiconductor Equipment | $278.3M | 48.5% | +32.8% |
| Data Center Computing | $191.5M | 33.4% | +35.2% |
| Industrial & Medical | $80.0M | 13.9% | +16.6% |
| Service & Other | $47.8M | 8.3% | +5.3% |
| Telecom & Networking | $24.3M | 4.2% | +11.5% |
| Total revenue | $574.1M | 100% | — |
AEIS revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Other Countries | $190.4M | 33.2% | +16.4% |
| United States | $132.3M | 23.0% | -6.6% |
| Mexico | $124.1M | 21.6% | +201.9% |
| Malaysia | $66.5M | 11.6% | +118.0% |
| Japan | $60.8M | 10.6% | -5.9% |
| Total revenue | $574.1M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
AEIS customer concentration
In the period ended Dec 31, 2025, 3 direct customers each accounted for at least 10% (23%, 19%, 12%) of revenue, per the company's 10-K filed Feb 13, 2026. The company does not name them.
AEIS company outlook (results filed Aug 3, 2026)
- “Based on the Company's current view, beliefs, and assumptions, guidance is within the following ranges: Q3 2026 Revenue $640 million +/- $20 million GAAP EPS from continuing operations $2.38 +/- $0.25 Non-GAAP EPS $3.00 +/- $0.25 Conference Call Management will host a conference call today, August 3, 2026, at 4:30 p.m.”
Quoted word-for-word from the SEC 8-K results press release.
AEIS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $3.05 | $2.44 | +24.8% | $644.8M | 12 |
| Next quarter (ends Dec 2026) | $3.41 | $2.68 | +27.6% | $693.6M | 12 |
| Current fiscal year (ends Dec 2026) | $11.27 | $9.42 | +19.6% | $2.42B | 12 |
| Next fiscal year (ends Dec 2027) | $15.51 | $12.07 | +28.4% | $3.02B | 12 |
AEIS options: expected move
Options price a move of about ±17.6% (±$38.10) by Nov 20, 2026, which includes earnings on Nov 2, 2026. Over the last 8 reports the stock moved ±9.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 77.5% | ±17.6% |
| Dec 18, 2026 | 56 | 69.1% | ±21.9% |
| Jan 15, 2027 | 84 | 65.1% | ±25.1% |
| Apr 16, 2027 | 175 | 63.8% | ±35.1% |
| Jun 17, 2027 | 237 | 64.0% | ±40.8% |
30-day implied volatility 75.1% vs 67.8% realized over the last 30 trading days. Put/call ratio (volume) 0.86. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:39 UTC)
| Price | USD 216.64 |
|---|---|
| Change | ▼ 12.49% (down) |
| Previous Close | USD 247.55 |
| Open | USD 234.5 |
| Day Range | USD 214.03 – 236.95 |
| 52-Week Range | USD 187.71 – 397.44 |
| Volume | 998,766 shares |
| Market Cap | $8.68B |
| Exchange | NMS |
Technical Analysis (AEIS)
Nexqual's technical model rates AEIS "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:39 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 28.47 (oversold) |
| vs SMA50 | Below (USD 277.94) |
| MACD | -12.73 (negative) |
Analyst Ratings (AEIS)
Wall Street analysts rate AEIS "Buy" based on 12 analysts, with a mean price target of USD 420.33 (range USD 360–535), per Nexqual as of October 23, 2026 at 08:39 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 12 |
| Mean Target | USD 420.33 |
| High Target | USD 535 |
| Low Target | USD 360 |
| Buy / Hold / Sell | 11 / 1 / 0 |
Earnings (AEIS)
| Next Earnings Date | 2026-11-02 |
|---|---|
| EPS Estimate | USD 3.05 |
| Revenue Estimate | $644.84M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.74 vs est 2.21 ▲ beat |
| 2026-03-31 | USD 2.09 vs est 1.98 ▲ beat |
| 2025-12-31 | USD 1.94 vs est 1.78 ▲ beat |
| 2025-09-30 | USD 1.74 vs est 1.47 ▲ beat |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financials & Fundamentals (AEIS)
| Total Revenue | $2.04B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +30.00% |
| Gross Margin | +39.96% |
| Operating Margin | +17.02% |
| Profit Margin | +10.77% |
| ROE | +16.27% |
| Debt / Equity | 0.95 |
| Current Ratio | 3.79 |
| Total Cash | $1.40B |
| Total Debt | $1.38B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $86.70M (4.3% of revenue) |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financial Health Score (AEIS)
Nexqual rates Advanced Energy Industries, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 08:39 UTC.
| Growth | Strong — Revenue +21% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 40%, operating 17% (last 12 months) |
| Balance Sheet | Mixed — $1.40B cash and investments vs $1.26B debt (Jun 2026, SEC), net cash |
| Cash Flow | Mixed — FCF $87M (last 4 quarters to Jun 2026, SEC), slim 4.3% margin |
| Efficiency | Solid — ROE 16%, ROA 6.3% |
Ownership (AEIS)
| Insider Ownership | +1.06% |
|---|---|
| Institutional Ownership | +103.27% |
| Shares Outstanding | 40.05M |
| Float | 39.65M |
| Short % of Float | +6.27% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Leadership (AEIS)
Advanced Energy Industries, Inc. is led by Stephen D. Kelley, President, CEO & Director, per Nexqual as of October 23, 2026 at 08:39 UTC.
| President, CEO & Director | Stephen D. Kelley |
|---|---|
| Executive VP & CFO | Paul R. Oldham |
| Executive VP & COO | Eduardo Bernal Acebedo |
| Executive Vice President of Plasma Power | Juergen Braun |
| Executive Vice President of System Power | Emdrem Tan |
Major Backers & Investors (AEIS)
Notable institutional backers of Advanced Energy Industries, Inc. include Ameriprise Financial, Inc., FMR, LLC, Invesco, according to Nexqual as of October 23, 2026 at 08:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Ameriprise Financial, Inc. | 3.89% |
| FMR, LLC | 3.54% |
| Invesco | 2.97% |
| Bank of America Corporation | 2.56% |
| Earnest Partners LLC | 2.38% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 11.55% |
| Vanguard Group | 9.63% |
| State Street | 3.18% |
| Geode Capital | 2.34% |
| Columbia Threadneedle | 1.74% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
From Advanced Energy Industries, Inc.'s Latest SEC 10-K Filing (filed 2026-02-13)
Key Strengths & Strategy (as disclosed to the SEC)
- Protection of our technology assets through intellectual property rights is important for our competitive position.
- Our investments in research and development enable us to create intellectual property, including patents and trade secrets.
Legal & Regulatory Risks (Item 1A, quoted)
- The current political landscape has introduced greater uncertainty with respect to trade regulation, and we cannot predict the extent to which unfavorable international trade policies may be implemented in the future or to what extent our business may be impacted.
- We are, and expect to continue to be, involved in litigation. Legal proceedings are costly and could have a material adverse effect on our commercial relationships, business, financial condition, and operating results.
- Changes in tax laws, tax rates, or mix of earnings in tax jurisdictions in which we do business could impact our future tax liabilities and related corporate profitability.
- Increased governmental action on income tax regulations could adversely impact our business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FPS | Forgent Power Solutions, Inc. | USD 24.92 | ▼ 21.54% |
| AYI | Acuity Inc. | USD 317.23 | ▲ 0.15% |
| ENS | EnerSys | USD 168.67 | ▼ 4.65% |
| POWL | Powell Industries, Inc. | USD 150.71 | ▼ 11.51% |
| NVT | nVent Electric plc | USD 127.67 | ▼ 12.63% |
| HUBB | Hubbell Inc | USD 445.8 | ▼ 3.25% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt