Advanced Energy downgraded by Citigroup with a new price target
$AEIS
Industrial Machinery/Components
Technology
Citigroup downgraded Advanced Energy from Buy to Neutral and set a new price target of $113.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2024 | $120.00 → $118.00 | Hold | TD Cowen |
| 9/20/2024 | $128.00 | Outperform | Robert W. Baird |
| 8/15/2024 | $135.00 | Buy | Stifel |
| 7/31/2024 | $100.00 → $120.00 | Hold | TD Cowen |
| 7/15/2024 | $113.00 | Buy → Neutral | Citigroup |
| 12/6/2023 | Neutral | Seaport Research Partners | |
| 11/30/2023 | $105.00 | Neutral | BofA Securities |
| 11/21/2023 | $100.00 | Equal Weight | Wells Fargo |
Advanced Energy Industries, Inc. (NASDAQ:AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share, payable on December 6, 2024 to shareholders of record as of November 25, 2024. Future dividend declarations, as well as the record and payment dates for such dividends, are subject to review and approval by the board of directors. About Advanced Energy Advanced Energy Industries, Inc. (NASDAQ:AEIS) is a global leader in the design and manufacture of highly engineered, precision power conversion, measurement and control solutions for miss
Revenue was $374.2 million, above the mid-point of guidance GAAP loss per share was $0.38, mainly due to closure of China production site Non-GAAP EPS was $0.98, above the mid-point of guidance Cash flow from continuing operations was $35.4 million Advanced Energy Industries, Inc. (NASDAQ:AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced financial results for the third quarter ended September 30, 2024. "In the third quarter, we delivered results above the midpoint of guidance due to higher demand in the semiconductor and data center computing markets," said Steve Kelley, president and CEO of Advanced Energy
Advanced Energy (NASDAQ:AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced the dates and times for its third quarter 2024 earnings call and 2024 Analyst Day. Q3 2024 Earnings Conference Call Advanced Energy will report its third quarter 2024 financial results after the market closes on Wednesday, October 30, 2024. Management's quarterly conference call will be held the same day beginning at 4:30 p.m. Eastern Time. To participate in the live earnings conference call, please dial 877-407-0890 approximately ten minutes prior to the start of the meeting and an operator will connect you. International participants can d
Advanced Energy (NASDAQ:AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that it will host its 2024 Analyst Day on Tuesday, November 19, 2024 starting at 1:00 p.m. Eastern Time in New York City. Advanced Energy will also participate at the following investor conferences. Advanced Energy 2024 Analyst Day in New York City * Analyst Day Registration | Advanced Energy Date: Tuesday, November 19, 2024 Presentation Time: 1:00PM ET Baird 2024 Global Industrial Conference in Chicago Date: Tuesday, November 12, 2024 8th Annual Wells Fargo TMT Summit in Rancho Palos Verdes * Date: Tuesday, December 3, 2024 Nasdaq 51st In
‘3x5 Program' speeds customer development with three configured PSUs in five days Advanced Energy (NASDAQ:AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – announced a joint initiative with distribution partner Sager Electronics that will speed the delivery of fully configured, modular power supplies for design and testing. Exclusive to Advanced Energy, the innovative ‘3x5 Program' enables faster design and application prototyping by allowing customers to order up to three configured power supplies guaranteed for delivery in five days or less. "This is an extension of the longstanding and successful collaboration between Advance
USA News Group News Commentary Issued on behalf of Battery X Metals Inc. VANCOUVER, BC, Nov. 1, 2024 /PRNewswire/ -- Within one of its recent reports, the World Economic Forum is warning that while governments around the world are pushing for a clean energy transition, rising and demand for and limited supply of critical materials could hamper this process. This is echoed by the International Energy Agency in a report that highlights a need global critical materials trade, as well as massive increases needed in deployment of Solar PV, Batteries, and other Green Tech by 2035 to achieve net zero emissions by 2050. To help the cause, experts at the Center on Global Energy Policy of Columbia|SI
TD Cowen reiterated coverage of Advanced Energy with a rating of Hold and set a new price target of $118.00 from $120.00 previously
Robert W. Baird initiated coverage of Advanced Energy with a rating of Outperform and set a new price target of $128.00
Stifel initiated coverage of Advanced Energy with a rating of Buy and set a new price target of $135.00
4 - ADVANCED ENERGY INDUSTRIES INC (0000927003) (Issuer)
4 - ADVANCED ENERGY INDUSTRIES INC (0000927003) (Issuer)
4 - ADVANCED ENERGY INDUSTRIES INC (0000927003) (Issuer)
10-Q - ADVANCED ENERGY INDUSTRIES INC (0000927003) (Filer)
8-K - ADVANCED ENERGY INDUSTRIES INC (0000927003) (Filer)
8-K - ADVANCED ENERGY INDUSTRIES INC (0000927003) (Filer)
In the preceding three months, 4 analysts have released ratings for Advanced Energy Indus (NASDAQ:AEIS), presenting a wide array of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 1 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $108.25, a high estimate of $117.00, and a low estimate of $90.00. Marking an increa
Citigroup analyst Atif Malik downgrades Advanced Energy Indus (NASDAQ:AEIS) from Buy to Neutral and maintains the price target from $113 to $113.
Needham analyst James Ricchiuti reiterates Advanced Energy Indus (NASDAQ:AEIS) with a Hold.
SC 13G/A - ADVANCED ENERGY INDUSTRIES INC (0000927003) (Subject)
SC 13G/A - ADVANCED ENERGY INDUSTRIES INC (0000927003) (Subject)
SC 13G/A - ADVANCED ENERGY INDUSTRIES INC (0000927003) (Subject)
BUFFALO, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII) ("22nd Century" or the "Company"), a biotechnology company focused on utilizing advanced plant technologies to improve health and wellness, today announced the appointment of Lawrence (Larry) Firestone as the Company's Chairman and Chief Executive Officer. Nora Sullivan, former Chair of the Board, commented, "Larry is a seasoned executive known for his 'hands-on' leadership style emphasizing teamwork, business alignment, continuous improvement, cost control and process optimization. His track record of success with fast growing public companies will serve 22nd Century well as it continues to execu
Advanced Energy Industries, Inc. (NASDAQ:AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, today announced the appointment of Brian Shirley to its board of directors. Mr. Shirley brings decades of experience in semiconductor product technologies and an extensive track record of advancing innovation and global growth. "As a recognized leader in the semiconductor industry, Brian will be a valuable asset to our board," said Grant Beard, chairman of the board of Advanced Energy. "I welcome Brian to our board and look forward to his contributions." "Brian's technical acumen and deep knowledge of the semiconductor industry make him a gre
Advanced Energy Industries, Inc. (NASDAQ:AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, today announced the appointment of David Reed to its board of directors. "We are pleased to welcome David to the Advanced Energy board of directors," said Grant Beard, chairman of the board of Advanced Energy. "David brings extensive experience and expertise that are complementary to the board, and I look forward to his contributions as we continue to grow in our served markets." "David is joining the Advanced Energy board at an opportune time as we accelerate our development of new precision power products and technologies and scale our manu