Alpha and Omega Semiconductor Limited (AOSL) Stock Price & Analysis
Alpha and Omega Semiconductor Limited (AOSL) is trading at USD 24.11, down 2.29% today, as of October 29, 2026 at 14:08 UTC (US market open; quotes may be delayed), according to Nexqual market data.
AOSL last closed at USD 24.67; today's session has ranged USD 24.01–24.61 on volume of 24,126 shares. Market capitalization is $730.50M, with a 52-week range of USD 17.01–54.34 (NMS). Source: Nexqual, retrieved October 29, 2026 at 14:10 UTC.
Also available as compact Markdown for AI agents: nexqual.com/AOSL.md
Key facts (AOSL)
- Last four reported quarters (through Jun 30, 2026): revenue $679M, net income -$42.3M (-6.2% margin), free cash flow -$68.1M (SEC filings).
- Insider open-market sales, last ~7 months: 9 Form 4 filings, $2.5M; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 4 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.25 on a 1–5 scale) (4 analysts), mean target USD 40.5 (range 25–58).
- Total return with dividends: 1Y -16.0% vs S&P 500 +13.1%; 5Y -30.4% vs S&P 500 +79.1%.
- Next earnings: 2026-11-05, EPS estimate USD -0.14, revenue estimate $176M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (AOSL)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $778M | $691M | $657M | $696M | $679M | $679M |
| Gross profit | $269M | $200M | $172M | $161M | $152M | — |
| Operating income | $102M | $22.5M | -$3.8M | -$28.4M | -$43.2M | -$43.2M |
| Net income | $453M | $12.4M | -$11.1M | -$97.0M | -$42.3M | -$42.3M |
| EPS (diluted) | $16.07 | $0.42 | -$0.39 | -$3.30 | -$1.41 | — |
| Free cash flow | $80.9M | -$90.0M | -$11.4M | -$7.5M | -$68.1M | -$68.1M |
| Gross margin | 34.5% | 28.9% | 26.2% | 23.1% | 22.3% | — |
| Operating margin | 13.1% | 3.3% | -0.6% | -4.1% | -6.4% | -6.4% |
| Net margin | 58.3% | 1.8% | -1.7% | -13.9% | -6.2% | -6.2% |
| Revenue growth | +18.4% | -11.1% | -4.9% | +5.9% | -2.5% | — |
| Cash + short-term investments | $314M | $195M | $175M | $153M | $181M | — |
| Total debt | $68.0M | $49.8M | $38.4M | $26.7M | $3.6M | — |
Fiscal years end Jun. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (AOSL)
P/S 1.1x · EV/EBITDA 39.4x · EV/Sales 0.8x · P/B 0.9x · FCF yield -9.32% · Earnings yield -5.79% · Net cash $177M · EV $553M
Insider sales (SEC Form 4, open-market, last ~7 months) (AOSL)
9 of 9 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 |
|---|---|---|---|---|---|---|---|
| 2026-07-16 | Xue Bing | EVP-WW Sales & Bus Development | 875 | $30K | 0.7% | Yes (adopted August 14, 2025) | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-06-16 | Xue Bing | EVP-WW Sales & Bus Development | 4,916 | $231K | 3.8% | Yes (adopted August 14, 2025) | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-05-22 | Chen Claudia | Director | 4,061 | $161K | 12.6% | Yes (adopted February 20, 2026) | Too little history (no open-market trades in 2023 or 2025) |
| 2026-05-18 | Xue Bing | EVP-WW Sales & Bus Development | 4,916 | $202K | 3.7% | Yes (adopted August 14, 2025) | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-04-17 | Liang Yifan | CFO and Corp Secretary | 8,625 | $302K | 3.1% | Yes (adopted August 21, 2025) | Too little history (no open-market trades in 2025) |
| 2026-04-17 | Chang Stephen Chunping | Chief Executive Officer | 14,884 | $513K | 2.3% | Yes (adopted September 8, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-04-16 | Xue Bing | EVP-WW Sales & Bus Development | 1,832 | $57K | 1.4% | Yes (adopted August 14, 2025) | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-04-14 | Liang Yifan | CFO and Corp Secretary | 26,517 | $810K | 8.7% | Yes (adopted August 21, 2025) | Too little history (no open-market trades in 2025) |
| 2026-04-14 | Chang Stephen Chunping | Chief Executive Officer | 5,594 | $178K | 0.9% | Yes (adopted September 8, 2025) | Too little history (no open-market trades in 2023–2025) |
% 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 (AOSL)
Consensus Buy (mean 2.25 on a 1–5 scale), 4 analysts; mean target USD 40.5 (low 25, high 58).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-23 | B. Riley Securities | Target lowered | Neutral | $34 → $25 |
| 2026-10-05 | Stifel | Target lowered | Hold | $38 → $34 |
| 2026-08-13 | B. Riley Securities | Target lowered | Neutral | $38 → $34 |
| 2026-08-13 | Needham | Target lowered | Buy | $50 → $45 |
Total return (dividends reinvested) (AOSL)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -16.0% | -30.4% |
| S&P 500 (SPY) | +13.1% | +79.1% |
| Per year | -16.0% | -7.0% |
| Volatility (annualized) | 90.3% | 66.1% |
| Max drawdown | -59.2% (Jun 2026→Oct 2026) | -73.4% (Mar 2022→Apr 2025) |
AOSL earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 12, 2026 | Quarter ended Jun 30, 2026 | −$0.13 | −$0.24 | Beat +45.8% | -12.1% |
| May 6, 2026 | Quarter ended Mar 31, 2026 | −$0.28 | −$0.36 | Beat +22.2% | -14.4% |
| Feb 5, 2026 | Quarter ended Dec 31, 2025 | −$0.16 | −$0.08 | Miss −100.0% | -4.1% |
| Nov 5, 2025 | Quarter ended Sep 30, 2025 | $0.13 | $0.09 | Beat +44.4% | -25.3% |
| Aug 6, 2025 | — | — | — | — | -5.3% |
| May 7, 2025 | — | — | — | — | +4.7% |
| Feb 5, 2025 | — | — | — | — | -3.3% |
| Nov 4, 2024 | — | — | — | — | -21.3% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
AOSL recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Sep 30, 2026 | DEFA14A | Additional proxy material |
| Sep 30, 2026 | DEF 14A | Proxy statement (pay, board, votes) · period ended Jun 30, 2026 |
| Aug 27, 2026 | 10-K | Annual report · period ended Jun 30, 2026 |
| Aug 12, 2026 | 8-K | Quarterly results |
| Aug 10, 2026 | Schedule 13G/A | Mike F. Chang: 13.9% of shares, passive 5%+ holder (amended) |
| Aug 7, 2026 | Schedule 13G | STATE STREET CORPORATION, SSGA FUNDS MANAGEMENT, INC.: 7.8% of shares, passive 5%+ holder |
| Jul 14, 2026 | Schedule 13G/A | Dimensional Fund Advisors LP: 4.5% of shares, passive 5%+ holder (amended) |
| Jul 10, 2026 | 8-K | Director or executive officer change, or pay arrangement “On July 8, 2026, the Board of Directors (the "Board") of Alpha and Omega Semiconductor Limited (the "Company"), upon recommendation from the Nominating and Corporate Governance Committee, appointed Mr. Joshua Chien to serve as an independent director of the Board, effective immediately and until the Company's 2026 annual general meeting of shareholders and until his successor is duly elected and qualified. There are no arrangements or understandings between Mr. Chien and any other person pursuant to which he was…” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
AOSL revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Power discrete | $113.2M | 66.5% | +5.6% |
| Power IC | $55.4M | 32.5% | -19.3% |
| Packaging and testing services | $1.7M | 1.0% | +214.8% |
| Total revenue | $170.4M | 100% | — |
AOSL revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Hong Kong | $159.4M | 93.6% | -7.4% |
| China | $6.8M | 4.0% | +157.1% |
| United States | $2.7M | 1.6% | +132.2% |
| Other countries | $1.0M | 0.6% | +1078.2% |
| South Korea | $437,000 | 0.3% | -8.4% |
| Total revenue | $170.4M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
AOSL suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Compal Electronics | “Our ODM customers include Compal Electronics, Inc., Foxconn, Quanta Computer Incorporated, Wistron Corporation and Delta Electronics.” |
| Customer | Hon Hai (Foxconn) | “Our ODM customers include Compal Electronics, Inc., Foxconn, Quanta Computer Incorporated, Wistron Corporation and Delta Electronics.” |
| Customer | Quanta Computer | “Our ODM customers include Compal Electronics, Inc., Foxconn, Quanta Computer Incorporated, Wistron Corporation and Delta Electronics.” |
| Customer | Wistron | “Our ODM customers include Compal Electronics, Inc., Foxconn, Quanta Computer Incorporated, Wistron Corporation and Delta Electronics.” |
| Customer | WPG Holdings | “Sales to WPG and Promate accounted for 53.0% and 19.3% of our revenue, respectively, for the fiscal year ended June 30, 2026, 51.3% and 22.1% of our revenue, respectively, for the fiscal year ended June 30, 2025, and 46.0% and 25.0% of our revenue, respectively, for the fiscal year ended June 30, 2024.” |
| Partner | Sony (SONY) | “Our manufacturing facilities in China also obtained QC080000 certification, which is an IECQ Certificate of Conformity Hazardous Substance Process Management for European Directive 2002/95/EC requirements and a Certificate of Green Partner for Sony Green Partner Program.” |
| Competitor | onsemi (ON) | “Our major competitors in power discretes include Infineon Technologies AG, ON Semiconductor Corp., STMicroelectronics N.V., Toshiba Corporation, Diodes Incorporated and Vishay Intertechnology, Inc. Our major competitors for our power ICs include Monolithic Power Systems, Inc., ON Semiconductor Corp., Richtek Technology Corp., Semtech Corporation, Texas Instruments Inc. and Vishay Intertechnology, Inc.” |
| Competitor | STMicroelectronics (STM) | “Our major competitors in power discretes include Infineon Technologies AG, ON Semiconductor Corp., STMicroelectronics N.V., Toshiba Corporation, Diodes Incorporated and Vishay Intertechnology, Inc. Our major competitors for our power ICs include Monolithic Power Systems, Inc., ON Semiconductor Corp., Richtek Technology Corp., Semtech Corporation, Texas Instruments Inc. and Vishay Intertechnology, Inc.” |
| Competitor | Texas Instruments (TXN) | “Our major competitors in power discretes include Infineon Technologies AG, ON Semiconductor Corp., STMicroelectronics N.V., Toshiba Corporation, Diodes Incorporated and Vishay Intertechnology, Inc. Our major competitors for our power ICs include Monolithic Power Systems, Inc., ON Semiconductor Corp., Richtek Technology Corp., Semtech Corporation, Texas Instruments Inc. and Vishay Intertechnology, Inc.” |
Quoted from the company's 10-K filed Aug 27, 2026.
AOSL customer concentration
In the period ended Jun 30, 2026, 2 direct customers each accounted for at least 10% (53%, 19.3%) of revenue, per the company's 10-K filed Aug 27, 2026. The company does not name them.
AOSL company outlook (results filed Aug 12, 2026)
- “Business Outlook for Fiscal Q1 Ending September 30, 2026 The following statements are based on management's current expectations.”
- “AOS undertakes no obligation to update these statements. • Revenue is expected to be $176 million plus or minus $10 million. • GAAP gross margin is expected to be 23.8% plus or minus 1%.”
- “Non-GAAP gross margin is expected to be 24.5% plus or minus 1%. • GAAP operating expenses are expected to be in the range of $52.5 million, plus or minus $1 million.”
- “Non-GAAP operating expenses are expected to be in the range of $46.5 million plus or minus $1 million. • Interest income is expected to be $0.6 million higher than interest expense, and • Tax expense is expected to be in the range of $1.1 million to $1.3 million.”
Quoted word-for-word from the SEC 8-K results press release.
AOSL analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.14 | $-0.09 | −$0.06 | $176.2M | 4 |
| Next quarter (ends Dec 2026) | $-0.16 | $-0.16 | $0.00 | $171.7M | 4 |
| Current fiscal year (ends Jun 2027) | $-0.55 | $-0.48 | −$0.07 | $698.1M | 4 |
| Next fiscal year (ends Jun 2028) | $0.32 | $1.54 | -79.5% | $777.4M | 4 |
AOSL options: expected move
Options price a move of about ±20.8% (±$5.00) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±11.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 22 | 100.6% | ±20.8% |
| Dec 18, 2026 | 50 | 92.2% | ±28.3% |
| Mar 19, 2027 | 141 | 77.6% | ±39.4% |
| Jun 17, 2027 | 231 | 77.1% | ±49.6% |
30-day implied volatility 88.1% vs 69% realized over the last 30 trading days. Put/call ratio (volume) 0.53. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 14:10 UTC)
| Price | USD 24.11 |
|---|---|
| Change | ▼ 2.29% (down) |
| Previous Close | USD 24.67 |
| Open | USD 24.25 |
| Day Range | USD 24.01 – 24.61 |
| 52-Week Range | USD 17.01 – 54.34 |
| Volume | 24,126 shares |
| Market Cap | $730.50M |
| Exchange | NMS |
Technical Analysis (AOSL)
Nexqual's technical model rates AOSL "STRONG SELL" based on 0 bullish and 5 bearish signals across 128 daily candles, as of October 29, 2026 at 14:10 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 48.84 (neutral) |
| vs SMA50 | Below (USD 25.68) |
| MACD | -1.01 (negative) |
Analyst Ratings (AOSL)
Wall Street analysts rate AOSL "Buy" based on 4 analysts, with a mean price target of USD 40.5 (range USD 25–58), per Nexqual as of October 29, 2026 at 14:10 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 40.5 |
| High Target | USD 58 |
| Low Target | USD 25 |
| Buy / Hold / Sell | 2 / 2 / 0 |
Earnings (AOSL)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD -0.14 |
| Revenue Estimate | $176.20M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.13 vs est -0.24 ▲ beat |
| 2026-03-31 | USD -0.28 vs est -0.36 ▲ beat |
| 2025-12-31 | USD -0.16 vs est -0.08 ▼ miss |
| 2025-09-30 | USD 0.13 vs est 0.09 ▲ beat |
Source: Nexqual, October 29, 2026 at 14:10 UTC.
Financials & Fundamentals (AOSL)
| Total Revenue | $678.93M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -3.50% |
| Gross Margin | +22.32% |
| Operating Margin | -6.25% |
| Profit Margin | -6.22% |
| ROE | -5.22% |
| Debt / Equity | 0.04 |
| Current Ratio | 3.44 |
| Total Cash | $181.13M |
| Total Debt | $27.98M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$68.07M (-10.0% of revenue) |
Source: Nexqual, October 29, 2026 at 14:10 UTC.
Financial Health Score (AOSL)
Nexqual rates Alpha and Omega Semiconductor Limited's overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 14:10 UTC.
| Growth | Solid — Revenue +6% YoY (annual) |
|---|---|
| Profitability | Weak — Gross margin 22%, operating -6% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Strong — $181M cash and investments vs $4M debt (Jun 2026, SEC), net cash |
| Cash Flow | Weak — FCF negative: -$68M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -5%, ROA -4.4% (last 4 quarters, SEC) |
Ownership (AOSL)
| Insider Ownership | +17.02% |
|---|---|
| Institutional Ownership | +77.07% |
| Shares Outstanding | 30.31M |
| Float | 24.89M |
| Short % of Float | +12.62% |
Source: Nexqual, October 29, 2026 at 14:10 UTC.
Leadership (AOSL)
Alpha and Omega Semiconductor Limited is led by Stephen Chunping Chang, CEO & Director, per Nexqual as of October 29, 2026 at 14:10 UTC.
| CEO & Director | Stephen Chunping Chang |
|---|---|
| CFO & Corporate Secretary | Yifan Liang |
| Chief Operating Officer | Wenjun Li |
| Executive Vice President of Worldwide Sales & Business Development | Bing Xue |
| Executive VP of Strategic Initiative & Chairman | Mike Fushing Chang |
Major Backers & Investors (AOSL)
Notable institutional backers of Alpha and Omega Semiconductor Limited include Manufacturers Life Insurance Co., Two Sigma Investments, LP, FMR, LLC, according to Nexqual as of October 29, 2026 at 14:10 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Manufacturers Life Insurance Co. | 4.54% |
| Two Sigma Investments, LP | 3.14% |
| FMR, LLC | 2.61% |
| Connor Clark & Lunn Investment Management Ltd | 2.1% |
| Fidelity | 1.68% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 14.05% |
| State Street | 7.75% |
| Vanguard Group | 7.2% |
| Dimensional Fund Advisors | 4.41% |
| Geode Capital | 2.17% |
Source: Nexqual, October 29, 2026 at 14:10 UTC.
From Alpha and Omega Semiconductor Limited's Latest SEC 10-K Filing (filed 2026-08-27)
Key Strengths & Strategy (as disclosed to the SEC)
- Our in-house manufacturing capability allows us to retain a higher level of control over the development and application of our proprietary process technology, thereby reducing certain supply chain and operational risks.
- We have adopted strategies that allow us to balance the development of proprietary technology at in-house fabrication and packaging facilities and also utilize the capacity and manufacturing capability of third-party foundries and subcontractors.
- We introduced several new products based on our proprietary technology platform and continue to expand our product families.
- We have established direct relationships with key OEMs, including Dell Inc., Hewlett-Packard Company, Samsung Group, and Stanley Black & Decker, Inc., most of whom we serve through our distributors and ODMs.
Partnerships
- On July 14, 2025, we entered into an equity transfer agreement with a strategic investor to sell approximately 20.3% of outstanding equity interest in the JV Company held by us for an aggregate cash consideration of $150 million paid in four installments, subject to satisfaction of certain conditions.
- Pursuant to an agreement with the JV Company and other shareholders of the JV Company, the JV Company is committed to providing us with a specified level of monthly wafer production capacity.
Legal & Regulatory Risks (Item 1A, quoted)
- Evolving export control regulations may adversely affect our financial performance and business operations.
- Our insurance may not cover all losses, including losses resulting from business disruption or product liability claims.
- Changes in China's laws, legal protections or government policies on foreign investment in China may harm our business.
- The M&A Rules and certain other PRC regulations establish complex procedures for some acquisitions of Chinese companies by foreign investors, which could make it more difficult for us to pursue growth through acquisitions in China.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NVTS | Navitas Semiconductor Corporati | USD 9.09 | ▼ 2.94% |
| POWI | Power Integrations, Inc. | USD 48.91 | ▼ 0.83% |
| DIOD | Diodes Incorporated | USD 88.13 | ▼ 1.31% |
| VSH | Vishay Intertechnology, Inc. | USD 29.07 | ▼ 2.84% |
| SYNA | Synaptics Incorporated | USD 118.12 | ▼ 0.32% |
| PI | Impinj, Inc. | USD 192.08 | ▲ 8.84% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 14:10 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