Advanced Energy presents 2030 revenue target of $3 billion
AEIS•Advanced Energy targets $3 billion in 2030 revenue, including $500 million from acquisitions, and non-GAAP earnings of $15 per share. Its model also targets a 43.3% gross margin and organic revenue of $2.5 billion.
1. Long-term financial targets
Advanced Energy’s long-term financial model targets $3 billion in 2030 revenue, including $500 million from acquisitions, and $2.5 billion in organic revenue, implying compound annual growth above 9% from 2024. It also targets non-GAAP earnings of $15 per share and a 43.3% gross margin. The company raised its semiconductor growth targets to more than 1.3 times wafer fabrication equipment market growth, citing higher power intensity and share gains. Manufacturing consolidation and product improvements are intended to expand gross margin by 500–900 basis points while keeping margins above 40% through business cycles.
