On July 17, Aehr Test Systems declined 8.54% in regular trading, trading at $84.82/share, with turnover of approximately $164 million. The stock is experiencing a pullback after surging as much as 50% intraday on July 15 following its Q4 fiscal earnings release, which saw the stock ultimately close up 22% that day.
The prior rally was driven by Q4 adjusted EPS of $0.11, far exceeding the consensus estimate of -$0.01, and revenue of $18.835 million beating the $18.686 million estimate. Record quarterly bookings of $60.7 million and effective backlog surpassing $100 million further fueled bullish sentiment. The company guided FY2027 revenue of $130-$150 million, roughly triple the prior year, with AI data center testing comprising 70% of projected sales.
The broader Semiconductor Equipment sector is trading lower, with Applied Materials down 4.12%, KLA-Tencor down 2.66%, Lam Research down 2.51%, ASML down 2.06%, and Teradyne down 1.53%, amplifying selling pressure on AEHR as investors lock in gains from the recent explosive move.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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