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AEISAdvanced Energy Industries, IncBuy Wait5.9·$370.89+4.66%
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Advanced Energy Industries, Inc (AEIS) Stock Analysis

Breakout setup

Buy WaitModerate Confidence

Industrials · Electrical Equipment & Parts

Wait for pullback to $299.32. Recent C-suite change — blocks BUY_NOW at $370.89. Engine's entry $299.32 (support + ATR) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Customer: top-3 customers; Concentration risk — Supplier: sole-source key parts.

Advanced Energy Industries designs and manufactures precision power conversion, measurement, and control products for Semiconductor Equipment, Data Center Computing, Industrial and Medical, and Telecom and Networking markets globally, operating as a single segment. The company... Read more

$370.89+24.4% A.UpsideScore 5.9/10#2 of 18 Electrical Equipment & Parts
QualityF-score9 / 9FCF yield0.35%
IncomeYield0.11%(5y avg 0.36%)Payout8.32%sustainable
Entry $299.32(support + ATR)Stop $279.80Target $372.46(resistance)A.R:R -0.5:1Setup A.R:R 3.8:1
Analyst target$394.50+6.4%10 analysts
$372.46our TP
$370.89price
$394.50mean
$345
$430

Wait for pullback to $299.32. Recent C-suite change — blocks BUY_NOW at $370.89. Engine's entry $299.32 (support + ATR) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Customer: top-3 customers; Concentration risk — Supplier: sole-source key parts. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 5.9/10, moderate confidence.

Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 50d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

About Advanced Energy Industries, Inc

About Advanced Energy Industries, Inc

Advanced Energy Industries sells precision power conversion products across four end markets: Semiconductor Equipment, Data Center Computing, Industrial and Medical, and Telecom and Networking, operating as a single global segment with approximately 13,000 employees. R&D investment was $232.4 million in 2025, representing 12.2% to 14.3% of total revenue over the 2023–2025 period. Manufacturing is concentrated in the Philippines, Malaysia, and Mexico; the Zhongshan, China facility ceased operations in the second quarter of 2025 as part of a manufacturing consolidation plan.

Advanced Energy generates revenue from OEMs, distributors, and direct end users across its end markets. Three customers together accounted for 23%, 19%, and 12% of 2025 total revenue; the company does not hold long-term purchase commitments, instead selling primarily on purchase order or from just-in-time inventory bins at customer sites. The Semiconductor Equipment market—served by plasma power, high-voltage, and system power products for dry etch, deposition, and ion implant applications—competes against COMET Holding AG, MKS Instruments, Inc., and Daihen Corp. The Data Center Computing market, driven by AI infrastructure investment, carries lower gross margins than semiconductor equipment; as it grows as a proportion of total revenue, blended margins have been and may continue to be pressured. Customers regularly seek price reductions and extended payment terms, and Asia-based competitors may benefit from local governmental subsidies, limiting pricing power in commodity applications.

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Advanced Energy's manufacturing is concentrated in a select few large facilities—Philippines, Malaysia, and Mexico—most held under operating leases. The 10-K discloses that some key parts may only be obtained from a sole supplier or a limited group of suppliers, and sole-sourced components create pricing and lead-time vulnerability. The company addresses this by qualifying alternate suppliers, maintaining critical component inventories, and using electronic bidding tools, but acknowledges that if supply shortages reoccur as experienced during the pandemic, revenues, earnings, and cash flow may be adversely impacted. A new factory in Thailand is under construction to extend the manufacturing footprint beyond the current concentration.

See also: Industrials · Electrical Equipment & Parts

From Advanced Energy Industries, Inc's most recent 10-K filing, extracted June 9, 2026.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 4, 202650d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive news sentiment (+0.67)
Strong growth profile
Risks
Concentration risk — Customer: top-3 customers
Concentration risk — Supplier: sole-source key parts
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)73.5
P/E (Fwd)30.1
Mkt Cap$14.2B
EV/EBITDA45.6
Profit Mgn10.0%
ROE14.7%
Rev Growth26.3%
Beta1.29
Dividend0.11%
Rating analysts18

Quality Signals

Piotroski F9/9MoatNarrow

Options Flow

P/C0.83neutral
IV88%elevated
Max Pain$220-40.7% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHCustomertop-3 customers
    10-K Item 1: 'three customers accounted for 23%, 19%, and 12% of our total revenue, respectively'
  • HIGHSuppliersole-source key parts
    10-K Item 1: 'some key parts may only be obtained from a sole supplier or a limited group of suppliers'

Material Events(8-K, last 90d)

  • 2026-05-08Item 5.02LOW
    Shareholders approved amendment of the 2023 Omnibus Incentive Plan at the May 7, 2026 Annual Meeting, increasing authorized shares from 2,400,000 to 4,900,000 and extending the plan termination date from April 27, 2033 to May 7, 2036. Routine compensatory arrangement update.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
2.4
Growth Rank
5.0
Quality Rank
5.5

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.0
Support Resistance
1.0
Gap
3.0
52w Position
8.7
Extreme gap up (5.1%) - may pull back
GatesA.R:R -0.5=NEGATIVEExecutive change: officer departure/appointmentMomentum 7.5>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 50d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
59 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $288.45Resistance $380.06

Price Targets

$280
$299
$372
A.Upside+0.4%
A.R:R-0.5:1
Setup A.R:R (at entry)3.8:1

Position Sizing

ConvictionMedium conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-7.5% upside)
! NEWS_MOD=+2: HOLD_IF_HOLDING → STRONG_BUY_WAIT
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-04 (50d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is AEIS stock a buy right now?

Wait for pullback to $299.32. Recent C-suite change — blocks BUY_NOW at $370.89. Engine's entry $299.32 (support + ATR) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Customer: top-3 customers; Concentration risk — Supplier: sole-source key parts. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $372.46 (+0.4%), stop $279.80 (−32.6%), Setup A.R:R 3.8:1. Score 5.9/10, moderate confidence.

What is the AEIS stock price target?

Take-profit target: $372.46 (+24.4% upside). Target $372.46 (+0.4%), stop $279.80 (−32.6%), Setup A.R:R 3.8:1. Stop-loss: $279.80.

What are the risks of investing in AEIS?

Concentration risk — Customer: top-3 customers; Concentration risk — Supplier: sole-source key parts; Analyst target reached - limited upside remaining.

Is AEIS overvalued or undervalued?

Advanced Energy Industries, Inc trades at a P/E of 73.5 (forward 30.1). TrendMatrix value score: 4.5/10. Verdict: Buy (Wait for Entry).

What do analysts say about AEIS?

18 analysts cover AEIS with a consensus score of 4.2/5. Average price target: $395.

What does Advanced Energy Industries, Inc do?Advanced Energy Industries designs and manufactures precision power conversion, measurement, and control products for...

Advanced Energy Industries designs and manufactures precision power conversion, measurement, and control products for Semiconductor Equipment, Data Center Computing, Industrial and Medical, and Telecom and Networking markets globally, operating as a single segment. The company sells to OEMs, distributors, and end users worldwide, with three customers accounting for 23%, 19%, and 12% of 2025 revenue. Manufacturing occurs primarily in the Philippines, Malaysia, and Mexico, with approximately 13,000 employees.

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