Aehr Test Systems, Inc.
AEHRTechnologyNASDAQSemiconductor Equipment & Materials · Last scanned Sep 9, 2026
Scan Results
Daily timeframePart of the technology sector, Aehr Test Systems, Inc. (AEHR) is listed under Semiconductor Equipment & Materials. The $2.96B market capitalization puts AEHR squarely in mid-cap range for its industry. The company offers FOX-XP and FOX-NP systems, which are full wafer contact and singulated die/module test and burn-in systems that test, burn-in, and stabilize a range of devices, including silicon carbide-based (SIC) and gallium nitride (GAN) power semiconductors; 2D and 3D sensors used in mobile phones, tablets, and other computing devices; memory semiconductors; processors; microcontrollers; systems-on-a-chip; and photonics and integrated optical devices used in AI.
Market Cap
$2.96B
Beta
3.07
P/E (TTM)
—
P/E (Fwd)
65.63
EPS (TTM)
$-0.23
EPS (Fwd)
$1.38
ROE
-4.2%
ROA
-4.5%
Cash
$116.4M
Total Debt
$9.9M
Free CF
-$2.0M
52W Change
226.7%
Annual Financials
Cash vs Debt
Where AEHR stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, AEHR finished 7.13% above its 150-day moving average ($74.90) and 29.15% above its 200-day moving average ($62.13). 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 AEHR overbought or oversold?
At the September 3, 2026 close, AEHR's RSI(14) was 27.3, in oversold territory (below 30). 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.
Aehr Test Systems, Inc. holds $116.4M in cash against $9.9M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company is burning cash, with free cash flow at -$2.0M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -4.2%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has pulled back from $65.0M (2023) to $50.0M (2026), a 23% decline worth watching.
A beta of 3.07 means AEHR is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing AEHR's risk profile alongside its fundamentals and technical indicators provides a more complete picture.