Why Is ADVANCED ENERGY INDS (AEIS) Stock Up Today?

Advanced Energy Industries (AEIS) shares climbed 12.16% to $243.61 on Tuesday. The primary driver was a strong third-quarter earnings report that featured record revenue and a raised full-year outlook.

What Happened

The company reported Q3 2026 revenue of $696.4 million, a 50% increase year-over-year. Non-GAAP earnings per share more than doubled during the period. Management raised the full-year 2026 growth outlook and provided a fourth-quarter revenue forecast of $735 million, plus or minus $25 million. The company also stated it is targeting more than $5 billion in capacity by the end of 2028.

Following the results, several analysts adjusted their views. Cantor Fitzgerald reiterated its rating on the stock. Wells Fargo maintained an Overweight rating but lowered its price target to $310. Baird maintained an Outperform rating while cutting its target to $330. BofA Securities adjusted its price target to $330 from $410. TD Cowen maintained a Hold rating and lowered its target to $275.

What The Data Shows

The stock opened at $241.10, representing an 11.0% gap from the prior close of $217.19. The session high reached $244.30 at 8:40 AM ET, while the low was $227.71 at 9:30 AM ET. Volume stood at 0.2 million shares, which is 0.4 times the three-month daily average.

Advanced Energy has a market capitalization of $8.9 billion and a P/E ratio of 40.1. Trailing twelve-month revenue grew 24.6%, with a net margin of 10.8%. The stock has a beta of 1.31 and a dividend yield of 0.18%. Over the last 8 sessions, the stock moved 0.3% from $216.64 to $217.19. The 52-week range is $187.71 to $397.44.

Insider activity shows 7 sells totaling $8.8 million in the last 90 days, with no buys. Recent sales include director Anne Delsanto on October 5 and September 8, and EVP Elizabeth Karpinski on September 8. Congressional disclosures show two buys by Rep. Gilbert Cisneros on September 29, each in the $1,001 to $15,000 range.

What To Watch

The stock printed three fresh 52-week highs and one fresh 52-week low on November 3, 2026. Investors will monitor how the raised 2026 growth outlook and the strong fourth-quarter guidance are digested by the market in the coming sessions.