Overview
- Aehr shares hit new highs Wednesday following reports of a bookings surge, in a move that drew fresh analyst optimism and target hikes.
- Quarterly bookings reached $37.2 million with a book-to-bill ratio above 3.5x, signaling orders far outpacing current revenue recognition.
- Effective backlog rose to a record $50.9 million after $12.2 million of additional orders in the first five weeks of fiscal Q4.
- Orders included a $14 million follow-on from its primary AI accelerator customer and new wins in silicon photonics and silicon carbide power devices.
- The company kept fiscal 2026 revenue guidance at $45 million to $50 million but now targets the high end after Q3 revenue of $10.3 million and a $0.05 loss per share.