09:40 AM EDT, 05/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We cut our 12-month target by $3 to $136, based on 22x our 2026 EPS view, in line with EMS peers. We increased our 2025 EPS view to $5.24 from $4.86 and 2026's to $6.16 from $6.13. AEIS posted impressive Q1 performance with revenue of $404.6 million (+23.5% Y/Y) and non-GAAP EPS of $1.23 (more than doubling Y/Y). The standout Data Center Computing segment reached record revenue of $96.2 million, growing 130% Y/Y, demonstrating AEIS's strengthening position in AI and high-performance computing markets. Gross margin expanded 280 basis points Y/Y to 37.9%, as the company executes on its operational improvement initiatives. We see continued momentum in 2025-2026 driven by robust semiconductor and data center demand, margin expansion from factory consolidation, and strategic positioning in secular growth markets. AEIS's solid balance sheet provides flexibility for both strategic investments and shareholder returns.