On Nov 01, major Wall Street analysts update their ratings for $Advanced Energy Industries (AEIS.US)$, with price targets ranging from $118 to $130.
TD Cowen analyst Krish Sankar maintains with a hold rating, and adjusts the target price from $120 to $118.
Baird analyst Robert Mason CFA maintains with a buy rating, and adjusts the target price from $128 to $124.
Needham analyst James Ricchiuti maintains with a hold rating.
Stifel analyst Brian Chin maintains with a buy rating, and adjusts the target price from $135 to $130.
KeyBanc analyst Steve Barger maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Advanced Energy Industries (AEIS.US)$'s main analysts recently are as follows:
The forecast for Advanced Energy's CY25E has been modestly reduced based on initial projections for 2025E WFE. Despite this, there's an expectation for the semiconductor sector to pick up speed in the second half of 2025 and into 2026. The company is optimistic about gaining market share in the semiconductor space through new product introductions. Moreover, the potential for operating leverage is anticipated to magnify any sales resurgence, leaving the underlying investment thesis unchanged.
The firm noted that the strength in the Datacenter and semiconductor sectors led Advanced Energy to exceed expectations and raise projections for the September 2024 quarter.
Here are the latest investment ratings and price targets for $Advanced Energy Industries (AEIS.US)$ from 7 analysts:
Note:
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