PerpEquities

Equity · Technology

Applied Optoelectronics, Inc. (AAOI) perpetual futures

AAOI perpetual futures on 21 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade AAOIUSDT.

Applied Optoelectronics, Inc. designs and makes fiber-optic networking products, including optical modules and transceivers, for data centers, cable TV, and telecom equipment makers.

$105.01+2.0%NASDAQ closed
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venue perp mark · Binance (AAOI/USDT)
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Trading data

Perpetual market activity

22/22 live markets
Venues
21
Live markets
22/22
24h volume
$67.3MCoverage: 18/22 marketsExchange-reported volume: $76.4M
Open interest
$28.3MCoverage: 18/22 markets
Best liquidity
$7.7M
HTX
Tightest spread
+1.0 bps
OKX
Highest volume
$28.1M
Binance
Settlement mix
USDT · 16/22
Perp/spot vol.
0.13x
Spot volume $521.6M
OI / float
+0.36%
Float $8B
Spot performance
1D+2.00%
5D-2.80%
1M-23.70%
6M-0.78%
YTD+202.24%
1Y+289.21%

Venue matrix

22 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
BinanceTradeAAOI/USDTTrading$105.020.0% APR
0.000% every 8h
+2.9 bps-$28.1M$14.7MUSDT-
LBankTradeAAOI/USDTTrading$105.020.0% APR
0.000% every 8h
+2.9 bps$115.1K$15.1M-USDT50x
OKXTradeAAOI/USDTTrading$105.050.0% APR
0.000% every 8h
+1.0 bps$149.1K$9.9M$3.6MUSDT20x
Gate.ioTradeAAOI/USDTTrading$105.010.0% APR
0.000% every 8h
+3.8 bps$1.8M$5.8M$3.6MUSDT50x
XT.comTradeAAOI/USDTTrading$105.030.0% APR
0.000% every 8h
+11.4 bps$146.5K$4.2M$538.9KUSDT20x
OurbitTradeAAOI/USDTTrading$105.000.0% APR
0.000% every 8h
+2.9 bps$960.7K$3.2M$121.1KUSDT50x
BitgetTradeAAOI/USDTTrading$104.990.0% APR
0.000% every 8h
+2.9 bps$1.3M$2.3M$1.9MUSDT20x
DeepcoinTradeAAOI/USDTTrading$104.92+32.9% APR
+0.030% every 8h
+2.9 bps$100.7K$1.7M-USDT25x
BingXTradeAAOI-USDTTrading$105.02-5.5% APR
-0.00500% every 8h
+7.6 bps$712.1K$1.7M$967.6USDT-
BybitTradeAAOI/USDTTrading$105.000.0% APR
0.000% every 8h
+3.8 bps$129.4K$1.4M$1.7MUSDT25x
BitunixTradeAAOI/USDTTrading$105.03-4.5% APR
-0.00411% every 8h
+1.0 bps$1.2M$975.1K-USDT20x
KuCoinTradeAAOI/USDTTrading$105.01+11.0% APR
+0.010% every 8h
+22.9 bps$8.9K$794.6K$540.5KUSDT20x
Hyperliquid HIP-3Tradexyz:AAOITrading$104.97-30.1% APR
-0.00343% every 1h
+2.9 bps$8.6K$747.9K$1.1MUSDC10x
Hyperliquid HIP-3Tradepara:AAOITrading$104.93-157.9% APR
-0.018% every 1h
+12.4 bps$82.1K$301.6K$227.5KUSDC10x
GRVTTradeAAOI/USDTTrading$104.990.0% APR
0.000% every 8h
+6.7 bps$327K$81.3K$199.5USDT-
ExtendedTradeAAOI/USDTrading$105.000.0% APR
0.000% every 1h
+4.5 bps$71.7K$63.3K$13.5KUSD10x
BloFinTradeAAOI/USDTTrading$105.01+1.7% APR
+0.00156% every 8h
+3.8 bps$967.9K$28.4K$214.5KUSDT20x
HTXTradeAAOI/USDTTrading$105.010.0% APR
0.000% every 8h
+47.6 bps$7.7M$20.8K$16.8KUSDT-
Orderly NetworkTradeAAOI/USDCTrading$105.01+11.0% APR
+0.010% every 8h
--$10.6K$2.1KUSDC-
AsterTradeAAOIUSDTTrading$104.980.0% APR
0.000% every 8h
+86.7 bps$44.6K$4.9K$44.4KUSDT-
Crypto.com ExchangeTradeAAOI/USDTrading$105.20+5.0% APR
+0.00057% every 1h
+14.3 bps$14.3K$2.1K$5.6KUSD50x
AevoTradeAAOI/USDCTrading$104.98-+13.2 bps$198.7K--USDC10x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Broad liquidity · 17 of 21 venues absorb $10k · Typical cost: +9.4 bps – +19.3 bps

Too thin: Hyperliquid HIP-3, Crypto.com Exchange, KuCoin

No fresh book data: Orderly Network

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

AAOI

Tightest spread

AAOI

Highest volume

AAOI

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 3h ago
Market cap
$8.5B
Updated 3h ago
Revenue
$596M
Trailing 12 months
Revenue growth
+130%
Next fiscal year
Profit margin
-9.6%
P/E
-135.3
Peer P/E -4.8
Free cash flow
-$413.3M
Trailing 12 months
More metrics
Net income
-$57M
Trailing 12 months
P/S
14.2
Peer P/E
-4.8
Similar listed perps
Revenue estimate
$1B
Next fiscal year
Earnings
2026-11-05
Revenue est. $268.1M · Updated 3h ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$455.7M
Net margin-8.4%
Free cash flow-$353.6M
Net debt-$48.7M
2020$234.6M
2021$211.6M
2022$222.8M
2023$217.6M
2024$249.4M
2025$455.7M
PeriodRevenueGrowthNet incomeFCF
2020$234.6M+23%-$58.5M-$63.6M
2021$211.6M-10%-$54.2M-$22.3M
2022$222.8M+5%-$66.4M-$18.3M
2023$217.6M-2%-$56M-$17.6M
2024$249.4M+15%-$186.7M-$112.9M
2025$455.7M+83%-$38.2M-$353.6M
PeriodGross marginOperating marginNet marginROEROA
2020+21.5%-20.8%-24.9%-21.0%-12.2%
2021+17.8%-26.8%-25.6%-21.3%-11.9%
2022+15.1%-26.5%-29.8%-36.0%-16.3%
2023+27.1%-19.0%-25.8%-26.1%-14.4%
2024+24.8%-28.4%-74.9%-81.5%-34.1%
2025+30.0%-12.0%-8.4%-5.2%-3.3%
PeriodCashDebtNet debtCurrent ratio
2020$43.4M$154.9M$111.5M2.03
2021$34.7M$149.9M$115.2M1.78
2022$24.7M$155.5M$130.8M1.32
2023$45.4M$121.1M$75.7M1.85
2024$67.4M$190.9M$123.4M1.77
2025$216M$167.3M-$48.7M2.63
PeriodMarket capEnterprise valueP/SP/E
2020$186.1M$297.6M0.8-3.2
2021$138.3M$253.6M0.7-2.6
2022$52.6M$183.5M0.2-0.8
2023$617.2M$692.9M2.8-11.0
2024$1.5B$1.7B6.1-8.2
2025$2.1B$2B4.6-54.5
Q3 2024$65.2M
Q4 2024$100.3M
Q1 2025$99.9M
Q2 2025$103M
Q3 2025$118.6M
Q4 2025$134.3M
Q1 2026$151.1M
Q2 2026$191.9M
PeriodRevenueGrowthNet incomeFCF
Q3 2024$65.2M+4%-$17.8M-$20.5M
Q4 2024$100.3M+66%-$119.7M-$53.1M
Q1 2025$99.9M+146%-$9.2M-$79.4M
Q2 2025$103M+138%-$9.1M-$91M
Q3 2025$118.6M+82%-$17.9M-$78.8M
Q4 2025$134.3M+34%-$2M$74.5M
Q1 2026$151.1M+51%-$14.3M-$143.6M
Q2 2026$191.9M+86%-$22.8M-$265.3M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+24.4%-25.4%-27.3%-8.4%-4.3%
Q4 2024+28.7%-6.5%-119.4%-52.2%-21.9%
Q1 2025+30.6%-8.9%-9.2%-3.0%-1.4%
Q2 2025+30.3%-15.5%-8.8%-2.1%-1.1%
Q3 2025+28.0%-15.3%-15.1%-3.2%-1.8%
Q4 2025+31.2%-8.6%-1.5%-0.3%-0.2%
Q1 2026+29.1%-8.6%-9.4%-1.3%-0.9%
Q2 2026+27.7%-12.9%-11.9%-1.4%-1.0%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$34.1M$121.3M$87.2M1.61
Q4 2024$67.4M$190.9M$123.4M1.77
Q1 2025$51.1M$190.3M$139.2M1.88
Q2 2025$64.7M$211.2M$146.5M2.11
Q3 2025$137M$235.2M$98.2M2.31
Q4 2025$216M$167.3M-$48.7M2.63
Q1 2026$449.4M$173.7M-$275.7M3.83
Q2 2026$499.7M$264.5M-$235.2M2.78
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$605.5M$692.7M9.3-8.5
Q4 2024$1.7B$1.8B16.9-3.5
Q1 2025$768.1M$907.3M7.7-21.3
Q2 2025$1.5B$1.6B14.2-40.1
Q3 2025$1.6B$1.7B13.8-23.2
Q4 2025$2.5B$2.4B18.3-302.6
Q1 2026$6.4B$6.2B42.5-111.3
Q2 2026$12.1B$11.8B63.0-132.3
Historical value series
Revenue
Q3 2023: $62.5MQ4 2023: $60.5MQ1 2024: $40.7MQ2 2024: $43.3MQ3 2024: $65.2MQ4 2024: $100.3MQ1 2025: $99.9MQ2 2025: $103MQ3 2025: $118.6MQ4 2025: $134.3MQ1 2026: $151.1MQ2 2026: $191.9MQ3 2023Q2 2026
Net income
Q3 2023: -$9MQ4 2023: -$13.9MQ1 2024: -$23.2MQ2 2024: -$26.1MQ3 2024: -$17.8MQ4 2024: -$119.7MQ1 2025: -$9.2MQ2 2025: -$9.1MQ3 2025: -$17.9MQ4 2025: -$2MQ1 2026: -$14.3MQ2 2026: -$22.8MQ3 2023Q2 2026
EBITDA
Q3 2023: -$2MQ4 2023: -$5.8MQ1 2024: -$16.5MQ2 2024: -$19.4MQ3 2024: -$10.8MQ4 2024: -$112.6MQ1 2025: -$2.5MQ2 2025: -$1.9MQ3 2025: -$10.1MQ4 2025: -$1.5MQ1 2026: -$3.1MQ2 2026: -$20.6MQ3 2023Q2 2026
Free cash flow
Q3 2023: -$18.7MQ4 2023: -$8.1MQ1 2024: -$34.4MQ2 2024: -$5.1MQ3 2024: -$20.5MQ4 2024: -$53.1MQ1 2025: -$79.4MQ2 2025: -$91MQ3 2025: -$78.8MQ4 2025: $74.5MQ1 2026: -$143.6MQ2 2026: -$265.3MQ3 2023Q2 2026
EPS
Q3 2023: -$0.27Q4 2023: -$0.38Q1 2024: -$0.6Q2 2024: -$0.66Q3 2024: -$0.42Q4 2024: -$2.6Q1 2025: -$0.18Q2 2025: -$0.16Q3 2025: -$0.28Q4 2025: -$0.03Q1 2026: -$0.19Q2 2026: -$0.28Q3 2023Q2 2026
Cash / Debt
Q3 2023 · Cash: $21.9MQ3 2023 · Debt: $131.7MQ4 2023 · Cash: $45.4MQ4 2023 · Debt: $121.1MQ1 2024 · Cash: $17.4MQ1 2024 · Debt: $116.5MQ2 2024 · Cash: $10.7MQ2 2024 · Debt: $109.2MQ3 2024 · Cash: $34.1MQ3 2024 · Debt: $121.3MQ4 2024 · Cash: $67.4MQ4 2024 · Debt: $190.9MQ1 2025 · Cash: $51.1MQ1 2025 · Debt: $190.3MQ2 2025 · Cash: $64.7MQ2 2025 · Debt: $211.2MQ3 2025 · Cash: $137MQ3 2025 · Debt: $235.2MQ4 2025 · Cash: $216MQ4 2025 · Debt: $167.3MQ1 2026 · Cash: $449.4MQ1 2026 · Debt: $173.7MQ2 2026 · Cash: $499.7MQ2 2026 · Debt: $264.5MQ3 2023Q2 2026
CashDebt
Profitability
Q3 2023 · Gross margin: +32.3%Q4 2023 · Gross margin: +35.7%Q1 2024 · Gross margin: +18.7%Q2 2024 · Gross margin: +22.1%Q3 2024 · Gross margin: +24.4%Q4 2024 · Gross margin: +28.7%Q1 2025 · Gross margin: +30.6%Q2 2025 · Gross margin: +30.3%Q3 2025 · Gross margin: +28.0%Q4 2025 · Gross margin: +31.2%Q1 2026 · Gross margin: +29.1%Q2 2026 · Gross margin: +27.7%Q3 2023 · Operating margin: -10.7%Q4 2023 · Operating margin: -7.5%Q1 2024 · Operating margin: -53.2%Q2 2024 · Operating margin: -60.7%Q3 2024 · Operating margin: -25.4%Q4 2024 · Operating margin: -6.5%Q1 2025 · Operating margin: -8.9%Q2 2025 · Operating margin: -15.5%Q3 2025 · Operating margin: -15.3%Q4 2025 · Operating margin: -8.6%Q1 2026 · Operating margin: -8.6%Q2 2026 · Operating margin: -12.9%Q3 2023 · Net margin: -14.3%Q4 2023 · Net margin: -22.9%Q1 2024 · Net margin: -57.0%Q2 2024 · Net margin: -60.4%Q3 2024 · Net margin: -27.3%Q4 2024 · Net margin: -119.4%Q1 2025 · Net margin: -9.2%Q2 2025 · Net margin: -8.8%Q3 2025 · Net margin: -15.1%Q4 2025 · Net margin: -1.5%Q1 2026 · Net margin: -9.4%Q2 2026 · Net margin: -11.9%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth
Q2 2024: +4.0%Q3 2024: +4.2%Q4 2024: +65.9%Q1 2025: +145.5%Q2 2025: +137.9%Q3 2025: +82.1%Q4 2025: +33.9%Q1 2026: +51.4%Q2 2026: +86.4%Q3 2023Q2 2026
Shares outstanding
Q3 2023: 32.8MQ4 2023: 36.5MQ1 2024: 38.4MQ2 2024: 39.4MQ3 2024: 42.3MQ4 2024: 46.1MQ1 2025: 50MQ2 2025: 56.8MQ3 2025: 63.3MQ4 2025: 70.3MQ1 2026: 76MQ2 2026: 81.6MQ3 2023Q2 2026
Valuation
Q3 2023 · P/E: -10.2Q4 2023 · P/E: -12.7Q1 2024 · P/E: -5.8Q2 2024 · P/E: -3.1Q3 2024 · P/E: -8.5Q4 2024 · P/E: -3.5Q1 2025 · P/E: -21.3Q2 2025 · P/E: -40.1Q3 2025 · P/E: -23.2Q4 2025 · P/E: -302.6Q1 2026 · P/E: -111.3Q2 2026 · P/E: -132.3Q3 2023 · P/S: 5.7Q4 2023 · P/S: 11.7Q1 2024 · P/S: 13.1Q2 2024 · P/S: 7.4Q3 2024 · P/S: 9.3Q4 2024 · P/S: 16.9Q1 2025 · P/S: 7.7Q2 2025 · P/S: 14.2Q3 2025 · P/S: 13.8Q4 2025 · P/S: 18.3Q1 2026 · P/S: 42.5Q2 2026 · P/S: 63.0Q3 2023Q2 2026
P/EP/S
Revenue
2018: $267.5M2019: $190.9M2020: $234.6M2021: $211.6M2022: $222.8M2023: $217.6M2024: $249.4M2025: $455.7M20182025
Net income
2018: -$2.1M2019: -$66M2020: -$58.5M2021: -$54.2M2022: -$66.4M2023: -$56M2024: -$186.7M2025: -$38.2M20182025
EBITDA
2018: $21M2019: -$22M2020: -$20.9M2021: -$23.2M2022: -$36.9M2023: -$26.2M2024: -$159.3M2025: -$15.5M20182025
Free cash flow
2018: -$63.2M2019: -$33.9M2020: -$63.6M2021: -$22.3M2022: -$18.3M2023: -$17.6M2024: -$112.9M2025: -$353.6M20182025
EPS
2018: -$0.112019: -$3.312020: -$2.672021: -$2.012022: -$2.382023: -$1.752024: -$4.52025: -$0.6420182025
Cash / Debt
2018 · Cash: $55.6M2018 · Debt: $88.5M2019 · Cash: $60M2019 · Debt: $142.3M2020 · Cash: $43.4M2020 · Debt: $154.9M2021 · Cash: $34.7M2021 · Debt: $149.9M2022 · Cash: $24.7M2022 · Debt: $155.5M2023 · Cash: $45.4M2023 · Debt: $121.1M2024 · Cash: $67.4M2024 · Debt: $190.9M2025 · Cash: $216M2025 · Debt: $167.3M20182025
CashDebt
Profitability
2018 · Gross margin: +32.8%2019 · Gross margin: +24.2%2020 · Gross margin: +21.5%2021 · Gross margin: +17.8%2022 · Gross margin: +15.1%2023 · Gross margin: +27.1%2024 · Gross margin: +24.8%2025 · Gross margin: +30.0%2018 · Operating margin: -4.0%2019 · Operating margin: -25.5%2020 · Operating margin: -20.8%2021 · Operating margin: -26.8%2022 · Operating margin: -26.5%2023 · Operating margin: -19.0%2024 · Operating margin: -28.4%2025 · Operating margin: -12.0%2018 · Net margin: -0.8%2019 · Net margin: -34.6%2020 · Net margin: -24.9%2021 · Net margin: -25.6%2022 · Net margin: -29.8%2023 · Net margin: -25.8%2024 · Net margin: -74.9%2025 · Net margin: -8.4%20182025
Gross marginOperating marginNet margin
Revenue growth
2019: -28.6%2020: +22.9%2021: -9.8%2022: +5.3%2023: -2.3%2024: +14.6%2025: +82.8%20182025
Shares outstanding
2018: 19.6M2019: 20M2020: 21.9M2021: 26.9M2022: 27.8M2023: 31.9M2024: 41.5M2025: 60.2M20182025
Valuation
2018 · P/E: -140.32019 · P/E: -3.62020 · P/E: -3.22021 · P/E: -2.62022 · P/E: -0.82023 · P/E: -11.02024 · P/E: -8.22025 · P/E: -54.52018 · P/S: 1.12019 · P/S: 1.22020 · P/S: 0.82021 · P/S: 0.72022 · P/S: 0.22023 · P/S: 2.82024 · P/S: 6.12025 · P/S: 4.620182025
P/EP/S

Refreshed 3h ago

Next catalyst

Catalysts

Earnings
2026-11-05
Revenue est. $268.1M · Updated 3h ago

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20260.74$1B+130%3
FY 20275.55$3B+550%3
FY 202810.67$5.1B+1,022%1
Q2 20260.02$190.5M+85%4
Q3 20260.28$278.3M+135%4
Q4 20260.67$410M+205%6

Company events

6
2026-11-05EarningsActual - / Estimate 0.14-
2026-08-06Earnings · After market closeActual 0.06 / Estimate 0.02Beat
2026-05-07EarningsActual -0.07 / Estimate -0.05Miss
2026-02-26EarningsActual -0.01 / Estimate -0.12Beat
2025-11-06EarningsActual -0.09 / Estimate -0.1Beat
2025-08-07EarningsActual -0.16 / Estimate -0.08Miss

Peer comparison

Similar listed perps

FMP company data

Company intelligence

Updated: Sep 7, 2026, 04:19 AM UTC

Company profile

Sector
Technology
Industry
Communication Equipment
Chief executive
Chih-Hsiang Lin
Employees
4,691
IPO date
Sep 26, 2013
Country
US
Exchange
NASDAQ Global Market
Website
Altman Z-scorei8.27
Piotroski scorei2/9
FMP ratingiC-
Owner earningsi-$173.70M-$2.13 per share
ESG risk ratingiBIndustry rank: 61 out of 115

Rating factors

Return on equityi
1
Return on assetsi
1
Debt to equityi
3
Price to earningsi
1
Price to booki
1
Market cap history
2026-06-082026-09-04Latest: $8.61BHigh: $16.04BLow: $8.43B
Largest fund holders
FundWeightShares held
VTI0.01%2.4M
BAI1.21%1.6M
NJM0.36%1.6M
VGT0.06%938.1K
VB0.04%876.5K
VXF0.09%868.3K
VVORX0.83%760.8K
VBK0.11%507.2K
IWP0.23%436.8K
NLO0.54%431.3K
SCHA0.16%358.7K
CGOAX0.89%332.5K

Analyst track record

How the analysts covering AAOI have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings3378
Analysts56
Buy / hold / sell24 / 7 / 261 / 15 / 2
Upgrades / downgrades / initiations1 / 2 / 03 / 3 / 3
Price targets hit / missed17 / 16 (52%)61 / 16 (79%)
Avg. return after a rating (TipRanks)+73.4%+246.3%
Best / worst call+588.6% / -53.1%+1,047.7% / -53.1%

After buy calls on this stock: median 21-day move +2.5% vs S&P 500 +3.2% (n = 61)

Most accurate on this stock

  1. Ryan Koontz · Needham100% hit rate on this stockBuy · target $32.00 · Jul 25, 2025
  2. Michael Genovese · Rosenblatt Securities95% hit rate on this stockBuy · target $23.00 · Jan 30, 2024
  3. Tim Savageaux · Northland Securities63% hit rate on this stockBuy · target $5.00 · Jun 15, 2023

Latest ratings

  • Aug 19, 2026 Michael Genovese (Rosenblatt Securities): Reiterated · Buy · $220 · article
  • Aug 11, 2026 Simon Leopold (Raymond James): Maintained · Buy · $178 · article
  • Aug 7, 2026 Simon Leopold (Raymond James): Maintained · Buy · $151 · article
  • Aug 7, 2026 Tim Savageaux (Northland Securities): Maintained · Hold · $120 · article
  • Aug 7, 2026 Dave Kang (B. Riley Securities): Maintained · Hold · $109 · article
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$20.00$40.00$60.00$80.00$100$120$140$160Oct 25 · Buy 4 · Hold 2 · Sell 0Oct 25Nov 25 · Buy 4 · Hold 1 · Sell 1Dec 25 · Buy 4 · Hold 1 · Sell 1Dec 25Jan 26 · Buy 4 · Hold 0 · Sell 1Feb 26 · Buy 2 · Hold 2 · Sell 0Feb 26Mar 26 · Buy 2 · Hold 2 · Sell 0Apr 26 · Buy 2 · Hold 2 · Sell 0Apr 26May 26 · Buy 3 · Hold 2 · Sell 0Jun 26 · Buy 3 · Hold 2 · Sell 0Jun 26Jul 26 · Buy 3 · Hold 2 · Sell 0Aug 26 · Buy 3 · Hold 2 · Sell 0Aug 26Sep 26 · Buy 3 · Hold 2 · Sell 0Oct 25 · avg. target $27.20Nov 25 · avg. target $29.60Dec 25 · avg. target $35.60Jan 26 · avg. target $35.60Feb 26 · avg. target $78.50Mar 26 · avg. target $82.25Apr 26 · avg. target $82.25May 26 · avg. target $151Jun 26 · avg. target $151Jul 26 · avg. target $144Aug 26 · avg. target $163Sep 26 · avg. target $163Oct 25 · month-end close $35.56Nov 25 · month-end close $26.78Dec 25 · month-end close $34.86Jan 26 · month-end close $43.61Feb 26 · month-end close $84.23Mar 26 · month-end close $84.59Apr 26 · month-end close $164May 26 · month-end close $158Jun 26 · month-end close $148Jul 26 · month-end close $94.32Aug 26 · month-end close $108Sep 26 · month-end close $103

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 11, 2026 · 33 ratings

Frequently asked questions

Where can I trade AAOI perpetual futures?

Applied Optoelectronics, Inc. (AAOI) perpetual futures trade on 21 crypto venues, including Binance, LBank, OKX. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade AAOI around the clock?

Yes. Unlike the underlying stock, AAOI perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on AAOI perpetuals?

Right now the AAOI perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to 0.0% across 21 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the AAOI perp price compare to the Applied Optoelectronics, Inc. stock?

The venue-median AAOI perp mark is $105 versus a reference stock price of $105, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a AAOI perpetual future?

A AAOI perpetual is a derivative that tracks the price of Applied Optoelectronics, Inc. with no expiry date. It lets you take long or short exposure to Applied Optoelectronics, Inc. on crypto venues, around the clock.

What is AAOIUSDT perpetual?

AAOIUSDT is the symbol most crypto exchanges use for the Applied Optoelectronics, Inc. perpetual settled in USDT (Tether). It tracks the AAOI share price through an index, trades 24/7 with leverage and never expires.

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