Reading the tape
NASDAQ: AEIS
Advanced Energy Industries, Inc.
Industrials · Electrical Equipment & Parts
Market Cap
$14.79B
52w High
$397.44
52w Low
$106.48
P/E
98.57
Volume
435.49K
Outstanding Shares
38.03M
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 259.2%Revenue (TTM): 21.37%FCF (TTM): 70.23%P/FCF: 100th pct
What changed
The stock rose 259.2% over the last year. Revenue grew 21.37% over the trailing twelve months. Operating margin moved from 2.48% to 9.76%. Free cash flow grew 70.23% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (100th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 9.76% — continued expansion would be needed to justify the premium. Revenue growth of 21.37% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Advanced Energy Industries, Inc. designs, manufactures, sells, and supports precision power conversion, measurement, and control solutions worldwide.
CEOStephen D. Kelley
SectorIndustrials
IndustryElectrical Equipment & Parts
Employees10,000
IPO dateNov 17, 1995
Valuation
Forward P/E—
EV/EBITDA30.17
Enterprise value$7.76B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth17.81%
Gross margin38.18%▲4.28%vs FY2024
Operating margin9.76%▲339.33%vs FY2024
ROE10.89%▲141.67%vs FY2024
Analyst consensus
RatingBuy
Target price$310.00▼20.32%
15
Buy
8
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 4, 2026
Q2 FY26 · EPS est $1.96 · Revenue est $505.81M
View
Dividends
$0.40/shareQuarterly4yr growth streakSafeAEIS pays a dividend with a 0.1% dividend yield, 4 consecutive years of growth, covered 8.1× by free cash flow.
Dividend Yield
0.1%
Annual Div / Share
$0.40
3yr CAGR
+0%
Payout Ratio
10.51%
Safe
Dividend Growth Rate
3yr CAGR
+0%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$0.40+0.0%
2024$0.40+0.0%
2023$0.40+0.0%
2022$0.40+0.0%
2021$0.40—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$1/yr
$0/mo
In 5 yrs
$1/yr
$0/mo
In 10 yrs
$1/yr
$0/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$1/yr $0/mo | $1/yr $0/mo | $1/yr $0/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 8.1× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.
Congressional Activity
Congress Trades in AEIS
STOCK Act disclosures from senators and representatives.
Gilbert Cisneros
CAhouseDemocratSale2026-03-27$1,001 - $15,000+12d to discloseGilbert Cisneros
CAhouseDemocratPurchase2026-03-03$1,001 - $15,000+36d to disclose