Applied Optoelectronics joins Russell 1000 Growth, following $1.1 billion revenue forecast

Applied Optoelectronics, Inc. joined the Russell 1000 Growth Benchmark on June 29, 2026. The inclusion reflects the company's expanding market capitalization and recent growth.

Index funds tracking the benchmark must now add AAOI shares to their portfolios. This move increases visibility among institutional investors and may drive share demand.

The development follows a period of strong financial performance. Applied Optoelectronics recently projected 2026 revenue to surpass $1.1 billion.