Advanced Energy Industries reported record third-quarter 2026 revenue of $696 million, up 21% from the previous quarter and more than 50% from a year earlier. Non-GAAP earnings per share rose to $3.65, from $1.74 a year ago. Semiconductor revenue hit a record $322 million, and data center computing revenue reached a record $256 million. Gross margin was 42.1%, and operating income was a record $170 million. The company ended the quarter with $1.42 billion in cash and equivalents. Its new Thailand factory has begun generating revenue. For the fourth quarter, it expects revenue of about $735 million, plus or minus $25 million. It raised its 2026 revenue growth outlook to around 40% and sees 2027 growth near 30%.

Advanced Energy Industries (NASDAQ:AEIS) releases earnings results, beats estimates by $0.61 EPS. Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) released its earnings results on Monday. The electronics maker reported $3.65 earnings per share for the quarter, topping analysts' consensus estimates of $3.04 by $0.61, FiscalAI reports. The company had revenue of $696.40 million during the quarter, compared to the consensus estimate of $644.85 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%. Here are the key takeaways from Advanced Energy Industries' conference call: * Record third-quarter results exceeded guidance, with revenue up 50% year over year to $696 million, EPS more than doubling to $3.65, gross margin reaching 42.1%, and operating margin expanding to 24.4%. * Management raised its 2026 outlook to approximately 40% revenue growth and expects fourth-quarter revenue of about $735 million, with EPS of $3.90 plus or minus $0.30. It also characterized 2027 demand as robust, with potential growth of roughly 30% across semiconductor and data-center-related business. * Semiconductor revenue rose 64% year over year and data-center revenue increased 49%, supported by leading-edge wafer investment, AI infrastructure demand, new design wins, and expanding hyperscale programs. New plasma-power, system-power, and 800-volt solutions are expected to drive market-share gains through 2027 and beyond. * Advanced Energy is ramping its new Thailand factory and expanding output in the Philippines, Malaysia, and Mexico, targeting more than $5 billion of annual revenue capacity by 2028. Thailand has already qualified multiple data-center customers, with semiconductor qualifications expected shortly. * Supply constraints remain a risk despite strategic inventory and capacity investments, particularly for integrated circuits, printed circuit boards, and specialty ceramics. Management said some constraints will not be fully mitigated and could limit upside, while engineering bandwidth is also becoming a bottleneck. Advanced Energy Industries trading down 2.2%. AEIS traded down $4.87 on Monday, hitting $217.19. 830,565 shares of the company were exchanged, compared to its average volume of 742,604. The firm has a fifty day simple moving average of $267.24 and a two-hundred day simple moving average of $307.22. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79. Advanced Energy Industries has a 12 month low of $187.71 and a 12 month high of $397.44. The stock has a market capitalization of $8.70 billion, a PE ratio of 40.52 and a beta of 1.38. Wall street analysts forecast growth. Several research analysts have commented on the stock. Needham & Company LLC reissued a "buy" rating and set a $400.00 price target on shares of Advanced Energy Industries in a research note on Tuesday, August 4th. TD Cowen boosted their price objective on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the stock a "hold" rating in a report on Tuesday, August 4th. Citigroup reaffirmed a "buy" rating on shares of Advanced Energy Industries in a research note on Monday, September 28th. Zacks Research lowered shares of Advanced Energy Industries from a "strong-buy" rating to a "hold" rating in a report on Friday, October 23rd. Finally, Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Energy Industries in a research report on Tuesday, September 22nd. Eleven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $404.17. Insider buying and selling. In other Advanced Energy Industries news, EVP Elizabeth Vonne sold 908 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total value of $302,073.44. Following the completion of the sale, the executive vice president owned 10,712 shares in the company, valued at approximately $3,563,668.16. The trade was a 7.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Eduardo Acebedo sold 24,771 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the sale, the chief operating officer owned 23,109 shares of the company's stock, valued at $7,290,427.32. The trade was a 51.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 27,218 shares of company stock worth $8,562,008 over the last ninety days. Insiders own 1.30% of the company's stock. About Advanced Energy Industries. Advanced Energy Industries, Inc develops and manufactures precision power-conversion, measurement and control technologies. Its products are designed to regulate, transform and deliver electrical power with high levels of accuracy and reliability in demanding industrial applications. The company's portfolio includes direct-current and alternating-current power supplies, radio-frequency power systems, high-voltage power supplies, thermal-management equipment, power control modules, and measurement and control instruments. Receive News & Ratings for Advanced Energy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Energy Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Advanced Energy Industries Inc. (AEIS) reported third-quarter earnings of $115.6 million on Monday, beating Wall Street expectations. The Denver-based maker of power-conversion products earned $2.79 per share. Adjusted for stock option expense and non-recurring costs, earnings came to $3.65 per share. Seven analysts surveyed by Zacks Investment Research had expected $3.06. Revenue reached $696.4 million, above the $646.4 million that five analysts forecast. The company expects full-year earnings of $3.60 to $4.20 per share. Its shares closed near $217.69 on Monday, up 4% since the start of the year.