The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the electrical components & equipment peer group is "buy".
Wall Street's median 12-month price target for Advanced Energy Industries Inc is $418.00, about 44.4% above its July 31 closing price of $289.52.
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 41 three months ago.
Q3 outlook and 2027 growth view
Advanced Energy sees third-quarter 2026 revenue at $640 million +/- $20 million.
The company expects third-quarter 2026 non-GAAP EPS of $3.00 +/- $0.25.
The company said demand is strengthening across all markets and expects profitable growth into 2027.