We recently published Millionaire Makers: 10 Stocks That Paid Off Big Last Week. Applied Optoelectronics Inc. (NASDAQ:AAOI) was one of the top performers last week.
Applied Optoelectronics jumped by 22.09 percent week-on-week to hit a new all-time high, as investors placed bets over strong confidence for its business while positioning ahead of the results of its earnings performance for full-year 2025.
Based on its historical earnings reporting dates, Applied Optoelectronics Inc. (NASDAQ:AAOI) is expected to announce its financial and operating highlights on February 26, 2025.
Photo from Applied Optoelectronics website
For the quarter, Applied Optoelectronics Inc. (NASDAQ:AAOI) is targeting to generate revenues between $125 million and $140 million, or an implied growth of 25 to 40 percent from the $100 million revenues in the same quarter in 2024.
It also targets to narrow its net loss to a range of $2.8 million to $9 million, versus a net loss of $119.7 million in the same period a year earlier.
Meanwhile, Applied Optoelectronics Inc. (NASDAQ:AAOI) received an optimistic coverage from Zacks Research, saying that its laser transceivers are critical to the AI revolution “because they overcome the speed and bandwidth limitations of traditional copper cables, making them valuable for enabling the massive, low-latency data flow required from training and operating large AI models.”
“Additionally, with copper prices rising currently, these fiber optic cables are even more valuable,” it said.
While we acknowledge the potential of AAOI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
