AEHR Stock — Aehr Test Systems, Inc.

Aehr Test Systems, Inc. (AEHR)

Updated October 16, 2026.

AEHR is a Stock. Total return is 310.8% over the past 29.2 years, 992.5 points behind SPY at 1303.3%.

Aehr Test Systems manufactures specialized test and burn-in equipment for semiconductor manufacturers and service providers, producing systems that test devices ranging from full wafers to individual components across logic, memory, power semiconductors, and photonic applications. The company does not currently pay distributions to shareholders. This business appeals primarily to growth-oriented investors seeking exposure to semiconductor equipment manufacturing rather than those focused on dividend income.

AEHR performance versus SPY

Price and return data through 2026-10-16.

Total return is 310.8% over the past 29.2 years, 992.5 points behind SPY at 1303.3%. Over the past year its total return — price change plus distributions reinvested — is 126.9%. Its deepest 1-year drawdown was 58.4%.

AEHR key facts

Asset type

Stock

Asset class

Equity

Inception date

08/15/1997

Distribution frequency

None

Last close

$60.60 (as of 2026-10-16)

Market cap

$1,979,168,488

Average volume

3505800.0

Beta

3.484

Payout ratio

0.0%

Forward P/E

126.5823

EPS

$-0.21

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AEHR risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 58.4%.

Who may consider AEHR — and who may not

It is a weaker fit for investors who need monthly cash flow (AEHR does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on AEHR

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Tagged: Technology.

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