AAOI is trading at $211.43 (+12.29%) as it extends momentum following management's recent upward revision of long-term revenue targets.
- During the May 8 earnings call, leadership raised FY2026 revenue guidance to over $1.1B, supported by a $1.5B demand backlog currently limited by production capacity.
- With no new catalysts today, the stock's high-beta nature is likely amplifying the move while the broader Nasdaq shows a modest 0.28% gain.