AAOI

Stock

Applied Optoelectronics, Inc.

One email when a drop — in price or in valuation — is historically rare for AAOI. Otherwise we stay quiet.

Rare

Rare — pay attention.

Applied Optoelectronics, Inc. is 43.8% off its high, 60 days in — deeper than the vast majority of its 34 recorded drawdowns. This is the kind of decline the severity score exists to flag.

But down is not the same as cheap: Applied Optoelectronics, Inc.'s P/S Severity Score is 0.0 — its valuation sits in or above its typical range.

Price $125.45 · as of Jul 14, 2026All-time high $223.10Drawdown -43.8%Severity Score™ 6.7
🔴

Very Strong

Current Drawdown

-43.8%

Days in Drawdown

60

Avg Max Drawdown

12.3%

Avg Length

133

Drawdown Severity Score™

6.7

AAOI - Price & High Water Mark

AAOI - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within AAOI's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

18.0xSeverity Score 0.0 · In or above its typical range
Low: 0.19xMedian: 1.6xHigh: 33.4x

Applied Optoelectronics, Inc. has been cheaper on this measure only about 98% of the time in 13 years of daily history.

46.2% below its highest Price to Sales reading · high date May 13, 2026

Price to Sales history

How we measure valuation

Applied Optoelectronics, Inc. (AAOI) Analysis: Current Drawdown Insights

Applied Optoelectronics, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $125.45, which represents a 43.8% decline from its all-time high of $223.10. This drawdown has persisted for 60 days.

Based on its full tracked price history, Applied Optoelectronics, Inc. typically experiences drawdowns averaging 12.3% in depth, with an average duration of 133 days. Applied Optoelectronics, Inc. has gone through 34 total drawdown events in its tracked history. The largest drawdown on record for Applied Optoelectronics, Inc. was 98.5%, beginning in 2017. The longest drawdown duration on record was 3135 days.

The Drawdown Severity Score™ for Applied Optoelectronics, Inc. currently stands at 6.68. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Applied Optoelectronics, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 34 tracked pullbacks (34 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-05-15Ongoing60 days-43.8%$223.10$125.45n/a
2026-05-042026-05-118 days-18.8%$183.51$148.94$184.90
2026-04-212026-04-3010 days-16.0%$163.47$137.26$164.36
2026-04-142026-04-163 days-6.9%$153.19$142.55$157.32
2026-03-122026-04-0827 days-33.4%$127.01$84.59$132.70
2026-03-032026-03-096 days-7.0%$102.51$95.34$110.62
2017-08-022026-03-023135 days-98.5%$99.61$1.50$102.51
2017-07-272017-08-016 days-2.1%$98.76$96.64$99.61
2017-07-202017-07-245 days-4.0%$92.54$88.80$95.63
2017-07-172017-07-182 days-0.0%$84.20$84.18$90.18
2017-06-052017-07-1339 days-21.7%$74.68$58.44$78.04
2017-05-302017-06-024 days-2.4%$71.51$69.82$74.68
2017-05-232017-05-264 days-4.7%$71.24$67.88$71.51
2017-05-152017-05-228 days-6.2%$65.45$61.38$71.24
2017-05-112017-05-122 days-1.1%$64.97$64.23$65.45
2017-03-282017-05-0943 days-31.8%$59.88$40.82$62.11
2017-03-082017-03-2416 days-13.1%$54.54$47.40$55.02
2017-03-062017-03-072 days-3.5%$53.32$51.46$54.54
2017-02-282017-03-023 days-3.2%$47.46$45.92$49.23
2017-02-222017-02-243 days-1.2%$37.57$37.12$45.98
2017-02-152017-02-173 days-1.6%$36.38$35.79$37.27
2017-02-062017-02-105 days-3.9%$32.60$31.34$32.66
2017-01-252017-02-0310 days-5.0%$32.00$30.41$32.60
2017-01-192017-01-235 days-1.2%$30.84$30.48$31.29
2017-01-132017-01-175 days-5.5%$29.86$28.22$30.44
2014-03-112017-01-121039 days-69.4%$27.42$8.38$29.86
2014-03-072014-03-103 days-4.1%$26.36$25.29$27.42
2014-03-042014-03-052 days-1.9%$25.11$24.64$25.15
2014-02-242014-02-285 days-7.1%$20.67$19.20$23.66
2013-12-122014-02-2071 days-20.8%$15.81$12.52$17.98
2013-12-022013-12-065 days-6.7%$13.19$12.31$14.37
2013-10-232013-11-2938 days-9.6%$13.13$11.87$13.19
2013-10-112013-10-166 days-2.0%$10.20$10.00$10.25
2013-10-072013-10-104 days-0.8%$10.20$10.12$10.20
2013-09-302013-10-045 days-1.3%$10.10$9.97$10.20

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Applied Optoelectronics, Inc. (AAOI) is trading at $125.45 as of Jul 14, 2026. It is 43.8% below its high of $223.10. The drawdown has lasted 60 days. Severity score: 6.7 (Very Strong).

AAOI Price History and Drawdown Data

Latest price

$125.45

High-water mark

$223.10

Current drawdown

-43.8%

Days in drawdown

60

This AAOI page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Applied Optoelectronics, Inc. drawdowns.

What History Says About AAOI

Applied Optoelectronics, Inc. has dropped 10%+ from its high 9 times in its tracked history. These events lasted an average of 488 days with an average max drop of -36.0%.

The current drawdown of -43.8% has lasted 60 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Aug 2017 to Mar 2026-98.5%3135 days
Mar 2014 to Jan 2017-69.4%1039 days
Mar 2026 to Apr 2026-33.4%27 days
Mar 2017 to May 2017-31.8%43 days
Jun 2017 to Jul 2017-21.7%39 days
Dec 2013 to Feb 2014-20.8%71 days

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