Aehr Test Systems Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Insights - Aehr Test Systems, Inc. is expected to report earnings of 4 cents per share for the third quarter, a significant improvement from a loss of 3 cents per share in the same period last year [1] - The company projects quarterly revenue of $17.76 million, up from $7.56 million a year earlier, indicating strong growth [1] Group 1 - On March 13, Aehr secured $4.7 million in follow-on production orders for FOX-CP Systems from a leading advanced storage device manufacturer [2] - Aehr Test Systems shares fell 0.6% to close at $7.22 on Monday [2] Group 2 - Analyst Christian Schwab from Craig-Hallum downgraded the stock from Buy to Hold with a price target of $12 on March 26, 2024 [3] - Analyst Jed Dorsheimer from William Blair downgraded the stock from Outperform to Market Perform on March 25, 2024 [3]