Professional
Added to YB: 2025-02-05
Pitch date: 2025-02-04
AAOI [bearish]
Applied Optoelectronics, Inc.
-12.15%
current return
Author Info
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Company Info
Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China.
Market Cap
$2.4B
Pitch Price
$26.66
Price Target
N/A
Dividend
N/A
EV/EBITDA
-112.84
P/E
-12.13
EV/Sales
5.90
Sector
Communications Equipment
Category
N/A
Applied Optoelectronics (AAOI): Another Optical Illusion
AAOI short: Claims of 800G qualifications & production contradicted by sources. Failed to ship samples when claimed, missed Meta RFQ. Amazon 'pissed off' by overpromising. Manufacturing footprint inadequate. History of misleading investors in 100G cycle. Undisclosed litigation, tariff evasion, channel stuffing concerns in CATV business.
Read full article (20 min)