Applied Optoelectronics, Inc.
AAOITechnologyNASDAQCommunication Equipment · Last scanned Oct 26, 2026
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Daily timeframeHeadquartered within the technology sector, Applied Optoelectronics, Inc. focuses on Communication Equipment services and products. Applied Optoelectronics, Inc. engages in the design, manufacture, and sale of fiber-optic networking products in the United States, Taiwan, and China. Valued at $5.73B, AAOI is a mid-cap name in its sector. The company offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, and distribution equipment, as well as amplifiers.
Market Cap
$5.73B
Beta
3.84
P/E (TTM)
—
P/E (Fwd)
14.67
EPS (TTM)
$-0.75
EPS (Fwd)
$4.60
ROE
-5.5%
ROA
-2.7%
Cash
$499.7M
Total Debt
$300.1M
Free CF
-$887.1M
52W Change
81.4%
Annual Financials
Cash vs Debt
Where AAOI stands vs its 150-day and 200-day moving averages
As of the October 16, 2026 close, AAOI finished 36.22% below its 150-day moving average ($131.27) and 25.26% below its 200-day moving average ($112.03). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is AAOI overbought or oversold?
At the October 16, 2026 close, AAOI's RSI(14) was 40.7, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
With $499.7M in cash and $300.1M in debt, AAOI maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow is running at -$887.1M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -5.5% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $222.8M (2022) to $455.7M (2025), reflecting a 105% increase over the period.
A beta of 3.84 means AAOI is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. No single metric tells the full story. Reviewing AAOI's risk profile alongside its fundamentals and technical indicators provides a more complete picture.