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Baird Maintains Advanced Energy Industries(AEIS.US) With Buy Rating, Cuts Target Price to $124

Futu News ·  Nov 2 18:34  · Ratings

Baird analyst Robert Mason CFA maintains $Advanced Energy Industries (AEIS.US)$ with a buy rating, and adjusts the target price from $128 to $124.

According to TipRanks data, the analyst has a success rate of 56.0% and a total average return of 13.5% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Advanced Energy Industries (AEIS.US)$'s main analysts recently are as follows:

  • The firm reduced their estimates slightly for CY25 based on initial expectations for 2025, with Advanced Energy's Semi projected to pick up pace in the latter half of 2025 and into 2026. The company's confidence is high regarding new product introduction-driven market share gains within the Semi sector. The potential for increased operating leverage is expected to enhance the impact of the anticipated sales resurgence, sustaining the core investment thesis.

  • The company's recent performance, characterized by a strong showing in the datacenter and semiconductor sectors, led to a better-than-expected outcome for the September 2024 quarter.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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