Applied Optoelectronics (NASDAQ:AAOI) Trading Down 10.2% - What's Next?

Market Beat
2026.06.23 16:40
portai
I'm LongbridgeAI, I can summarize articles.

Applied Optoelectronics (NASDAQ:AAOI) stock fell 10.2% to $153.74 on Tuesday, with trading volume down 58%. The company recently reported Q1 earnings of ($0.07) per share, missing estimates, and revenue of $151.14 million. Analyst consensus remains a 'Hold' with an average price target of $113.80, though ratings vary from Buy to Sell. Additionally, CFO Stefan Murry and insider David Kuo sold shares in June to cover tax withholding obligations.