Raymond James Downgrades Applied Optoelectronics (AAOI) to Outperform

Applied Optoelectronics (AAOI) PT Lowered to $36 at DA Davidson

DA Davidson analyst Mark Kelleher lowered the price target on Applied Optoelectronics (NASDAQ: AAOI) to $36.00 (from $54.00) while maintaining a Buy rating.

Applied Optoelectronics (AAOI) PT Lowered to $35 at Needham & Company, Keeps 'Buy'

Needham & Company analyst Alex Henderson lowered the price target on Applied Optoelectronics (NASDAQ: AAOI) to $35.00 (from $55.00) while maintaining a Buy rating.

Henderson commented, "AOI negatively pre-released its 3Q results due to a customer-specific QC issue for its 25G lasers. CY3Q... More

Applied Optoelectronics (AAOI) PT Lowered to $19 at Craig-Hallum

Craig-Hallum analyst Richard Shannon lowered the price target on Applied Optoelectronics (NASDAQ: AAOI) to $19.00 (from $28.00) while maintaining a Sell rating.

Shannon notes the company lowered guidance on quality issues, which were most likely at its no.1 customer Facebook. In addition to competition increases from Intel and others.

Applied Optoelectronics (AAOI) PT Lowered to $16 at Northland Capital Markets

Northland Capital Markets analyst Tim Savageaux lowered the price target on Applied Optoelectronics (NASDAQ: AAOI) to $16.00 (from $29.00) while maintaining an Underperform rating following the company's warning.

Applied Optoelectronics (AAOI) PT Lowered to $29 at Piper Jaffray

Piper Jaffray analyst Troy Jensen lowered the price target on Applied Optoelectronics (NASDAQ: AAOI) to $29.00 (from $43.00) while maintaining a Neutral rating.

The analyst comments "Applied has built a solid business with industry leading margins supplying quality optical transceivers to customers like... More

Applied Optoelectronics (AAOI) Cuts Q3 Guidance

Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today updated its revenue guidance for its third quarter ended Sept. 30, 2018.

Applied Optoelectronics currently expects revenue for its third quarter 2018 to be between $55 million and $58 million, below the company's previous guidance of $82 million to $92 million. The company will report detailed third quarter financial results and host a conference call on Nov. 7, 2018.

(**Street sees Q3 revenue of $88.5 million)

"During the third quarter,... More

Loop Capital Downgrades Applied Optoelectronics (AAOI) to Sell

Loop Capital analyst James Kisner downgraded Applied Optoelectronics (NASDAQ: AAOI) from Hold to Sell with a price target of $20.00.

For an analyst ratings summary and ratings history on Applied Optoelectronics click here. For more ratings news on Applied Optoelectronics click here.

Shares of Applied Optoelectronics closed at $28.55 yesterday.