B+
Bull case
30%
Probability
Target price
$430.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
AEIS
Advanced Energy IndustriesBNasdaq / Technology Hardware & Equipment
Last Price
Quote time unavailable
Current thesis
The company delivered a clean Q1 beat, crossed the 40% non-GAAP gross-margin threshold, and guided Q2 above the prior quarter, while the 10-Q shows data-center revenue more than doubled year over year and now represents a much larger share of revenue.
Posture
Constructive
Lead driver
Sentiment
What changed
Next scheduled catalyst: earnings 2026-11-02 · AMC.
What can break
AEIS still carries $575 million of 2.5% convertible notes due 2028, though liquidity remained solid with $699.5 million of cash and an undrawn $600 million revolver.
Momentum
19
Value
49
Sentiment
81
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $370.00 · Bull $430.00 · Bear $320.00Analysis 2026-05-04; returns require an exact persisted reference.
Earnings
2026-11-02 · AMC
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-28 • Vendor: Data Vendor v1
Scores
As of 2026-10-28 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-04 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-28
Investment thesis
As of 2026-10-28
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-28. Definitions
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $415.00
Why
Momentum19 · Δ7d -1.1
Value49 · Δ7d +0.5
Sentiment81 · Δ7d 0.0
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Next scheduled catalyst: earnings 2026-11-02 · AMC.
- • Sentiment remains the lead driver in the composite, 7D delta 0.0.
Contradictions & invalidation
- • AEIS still carries $575 million of 2.5% convertible notes due 2028, though liquidity remained solid with $699.5 million of cash and an undrawn $600 million revolver.
- • Inventory rose to $458.7 million from $411.2 million and operating cash flow was negative $6 million in Q1, increasing near-term execution risk.
- • At T+1, broad post-print analyst revision evidence is still limited, and the immediate market reaction was not cleanly positive despite the beat.
Catalyst clock
2026-11-02 · AMC
Q1 beat, 40%+ non-GAAP gross margin milestone, and stronger Q2 guide
Lead driver: Sentiment · See AI snapshot
Momentum
19
8% active weight
Current posture
7d trendSoftening
Δ7d
-1.1
Δ21d
-30.4
Value
49
47% active weight
Current posture
7d trendFlat
Δ7d
+0.5
Δ21d
+1.2
Sentiment
81
45% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
+6.1
Why this grade
Composite grade B. Momentum 19.1 / Value 49.0 / Sentiment 81.3
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-04. Scenario method
Most likely
B
Base case
45%
Probability
Target price
$370.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$320.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-28
Fundamentals (TTM)
As of 2026-10-28
Market Cap
$9.71B
Beta
1.40
Shares Out
40.05M
P/E (TTM)
59.5
P/S (TTM)
4.98
P/FCF (TTM)
62.54
Rev YoY
+30.0%
EPS YoY
+91.8%
Gross Margin
+38.9%
Op Margin
+14.6%
Net Debt
-$112.4M
Current Ratio
3.79
As of 2026-10-28 • Updated nightlySource: Internal modelMethods & Data