AEHR NASDAQ Week ended 24 Jul 2026

Weekly Investor Report

Aehr Test Systems · Technology · Semiconductor Equipment & Materials

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Latest close 76.32 USD
-5.8% latest week
Weekly setup

Mixed setup

The weekly trend is active. Price is 21.7% above the Trend Line and sits at 54.6% of its 52-week range. The latest completed week returned -5.8%, after a -16.9% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is expensive relative to peers. Options positioning is volatility with 51/100 conviction, while the latest news-sentiment score is 61/100. Near-term considerations: earnings are due in 70d.

Setup score 49 out of 100
Latest Close 76.32 USD 24 Jul 2026
1W Return -5.8% latest completed week
4W Return -16.9% short-term follow-through
12W Return -18.0% quarterly tape
Trend Breadth 100.0% 52 of 52 weeks active
Volume Ratio 1.3x vs 13-week average
What is working
  • The trend backdrop is active with a 53-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is constructive, supporting the smart-money activity read.
What could go wrong
  • Activity pressure is negative, which weakens the current setup.
  • 2 reversal markers appear in the recent smart-money tape.
  • The share remains more than 20% below its 52-week high.
  • The latest week was a sharp negative move.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -5.8% Latest completed week; four-week move -16.9%. Indicator stack 100/22 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Options pressure Volatility 51/100 conviction; expected move 13.2%. News sentiment 61/100 56 relevant articles in the latest sentiment read. Event risk 70d Next report is scheduled for 08 Oct 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 21.7% above the Trend Line and sits at 54.6% of its 52-week range. The latest completed week returned -5.8%, after a -16.9% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.3x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.8112-week average 0.92

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure9/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.81Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers

No recent accumulation markers. 2 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -16.9% over four weeks, -18.0% over 12 weeks, and 251.1% over one year. The current trend has remained active for 53 consecutive weeks.

Performance by holding period

1W-5.8%
4W-16.9%
12W-18.0%
26W172.2%
52W251.1%
Active trend streak53 weeks
Active weeks in one year52
Trend breadth100.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.68Latest activity-pressure read.
Pressure change-199.0%Four-week change in activity pressure.
Leadership58.18Latest relative-leadership reading.
RS change-42.5%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is expensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 May 2026 Field coverage 82% Model confidence 82%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength16/100Blend of value, momentum, and quality. Underlying universe rank 85; rank 1 is best.
Value14/100Relative valuation strength. Underlying universe rank 87; rank 1 is best.
Quality4/100Profitability and accounting quality. Underlying universe rank 97; rank 1 is best.
Momentum99/100Medium-term price momentum. Underlying universe rank 2; rank 1 is best.
Growth16/100Revenue and earnings growth. Underlying universe rank 85; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
-
Price divided by trailing earnings.
Price / sales
48.7x
Market value relative to trailing revenue.
EV / EBITDA
-
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
-0.1%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
34.7%
Gross profit retained from each unit of revenue.
Operating margin
-23.0%
Operating profit retained from revenue.
Free-cash-flow margin
-2.4%
Free cash flow generated from revenue.
Return on invested capital
-7.8%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-13.7%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-
Latest one-year free-cash-flow growth.
Piotroski F-score
2/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
0.0%
Net share repurchases relative to market value.
Shareholder yield
0.0%
Dividend yield plus net buyback yield.
Net debt / EBITDA
9.1x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningVolatility

AEHR shows volatility options pressure with a 51/100 conviction score, put-call volume ratio of 0.71, expected move of 13.2%, and Sharemaestro trend signal active.

Conviction51/100
Expected move13.2%
Put/call volume0.71
Pressure16
Speculation41
Volatility96
Trend agreement99
Open options detail
Insider activity3 / 17

3 acquisitions and 17 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment61/100

Weighted news tone is neutral across 56 relevant articles.

26 positive · 25 neutral · 5 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings70dNext report is scheduled for 08 Oct 2026; event risk rises as the date approaches.
Options expected move13.2%Nearest-chain priced movement where available.
52-week drawdown-39.7%Distance below the 52-week high.
13-week volatility10.4%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher16 of 2610 weeks finished lower.
Best week+58.9%Week of 10 Apr.
Worst week-23.8%Week of 3 Jul.
Latest week-5.8%Week of 24 Jul.

Shape of recent returns

Strong gains12
Modest gains4
Flat weeks0
Modest losses3
Sharp losses7
Recent vol10.4%13-week weekly-return volatility.
Base vol14.4%52-week weekly-return volatility.
Up/down split32/20Count of positive and negative weeks in the 52-week window.
Average skew10.8% / -8.5%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape60/100

Trend, activity pressure, participation, and risk combine to a 60/100 tape read.

 Indicator analysis79/100

Latest 12-week confirmation: trend 12/12, activity pressure 9/12, relative leadership 12/12.

Activity pressure 0.81; 2 reversal markers Factors29/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 54; Small Cap Core rank 87 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options64/100

AEHR shows volatility options pressure with a 51/100 conviction score, put-call volume ratio of 0.71, expected move of 13.2%, and Sharemaestro trend signal active.

Volatility · Volatility expansion watch · Expected move 13.2% Sentiment61/100

Weighted news tone is neutral across 56 relevant articles.

Aehr Test Systems Files Mixed Shelf Offering Insiders3 / 17

3 acquisitions and 17 disposals in the latest 180-day insider tape.

 Earnings70d

Next report is scheduled for 08 Oct 2026; event risk rises as the date approaches.

 Research flow3 items

0 recent research articles and 3 Market Watch posts are available.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202676.32 USD-5.8%62.71 USD27.23 USD-0.6858.1816.0MOn
17 Jul 202681.05 USD11.6%60.88 USD27.06 USD-0.5168.6629.0MOn
10 Jul 202672.60 USD3.8%58.90 USD26.85 USD-0.1848.4910.0MOn
3 Jul 202669.96 USD-23.8%57.30 USD26.70 USD0.2748.857.2MOn
26 Jun 202691.81 USD-20.4%55.79 USD26.50 USD0.69101.137.5MOn
19 Jun 2026115.3 USD6.3%53.50 USD26.18 USD0.89149.166.3MOn
12 Jun 2026108.5 USD10.2%50.33 USD25.70 USD0.96151.059.2MOn
5 Jun 202698.45 USD6.6%47.39 USD25.25 USD1.12143.1811.0MOn
29 May 202692.33 USD-2.8%44.93 USD24.90 USD1.34126.769.0MOn
22 May 202695.02 USD-4.5%42.71 USD24.57 USD1.61149.4012.3MOn
15 May 202699.50 USD2.3%40.38 USD24.17 USD1.79175.8114.2MOn
8 May 202697.23 USD4.5%37.89 USD23.74 USD1.89181.6914.4MOn
1 May 202693.07 USD-3.0%35.43 USD23.30 USD1.97198.5915.9MOn
24 Apr 202695.91 USD14.4%33.36 USD22.87 USD1.93228.9017.6MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.