On August 14, Aehr Test rose 8.68% in regular trading, trading at $138.20 USD/share, with turnover of $36.07 million. The stock gained momentum following a significant analyst initiation earlier in the session.

On the news front, investment bank Jefferies initiated coverage of Aehr Test Systems with a \"Buy\" rating and a $175 price target, substantially above the prior analyst consensus target of $127. The $175 target implies approximately 31% upside from current levels, significantly boosting market sentiment toward the stock.

The initiation comes amid a series of positive catalysts. On August 12, the company disclosed a $22 million follow-on production order from its lead wafer-level AI processor customer, covering multiple fully automated FOX-XP systems expected to ship within six months to a high-volume manufacturing partner in Taiwan. The company's business structure has undergone a major transformation — AI data center-related business is projected to account for approximately 70% of fiscal year 2027 revenue, up from near-zero two years ago when electric vehicle silicon carbide dominated over 95% of sales. Jefferies' high-conviction initiation further reinforces market expectations for sustained growth in the AI test equipment segment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)