AAOI
Applied Optoelectronics, Inc.
AAOI's outlook is improving, though it still trails on the overall score.
CCC
CCC Intelligent Solutions Holdings Inc.
CCC has the edge over AAOI overall, supported by lower modeled downside and stronger fundamentals.
AAOI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
AAOI's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
CCC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Weak |
CCC's profitability and cash flow are currently strong, and its revenue is stable, but its balance sheet is weak.
AAOI PE Valuation
AAOI has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 18x next year's earnings.
CCC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 15x | $7.69 | — |
| Current | 59x | $7.69 | — |
| Cheap | 93x | $12.12 | +58% |
| Fair | 231x | $30.03 | +291% |
| Expensive | 804x | $104 | +1259% |
Historical ranges are pointers, not guarantees.
CCC's PE is in its cheap range at 59x. If earnings grow as analysts expect, today's price would be 15x next year's earnings.
AAOI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect AAOI to return to profit, with revenue growing. However, they disagree widely on these estimates.
CCC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for CCC, with profitability improving.
AAOI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.98 | — |
| Q3 2026 | -$0.42 | +$3.02 |
| Q2 2026 | -$0.77 | +$2.81 |
| Q1 2026 | -$0.65 | +$3.43 |
| Q4 2025 | -$0.64 | +$3.86 |
| Q3 2025 | -$3.44 | -$1.41 |
| Q2 2025 | -$3.58 | -$1.70 |
| Q1 2025 | -$4.08 | -$2.29 |
| Q4 2024 | -$4.50 | -$2.75 |
AAOI is still losing money, but far less than before: $0.42 per share over the past year, against $4.50 at its worst in late 2024.
CCC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.51 | +296% |
| Q3 2026 | $0.13 | +$0.13 |
| Q2 2026 | $0.08 | +$0.08 |
| Q1 2026 | $0.06 | +500% |
| Q4 2025 | $0.00 | -100% |
| Q3 2025 | $0.00 | -100% |
| Q2 2025 | $0.00 | -100% |
| Q1 2025 | $0.01 | +$0.16 |
| Q4 2024 | $0.04 | +$0.19 |
CCC has the edge over AAOI on earnings quality, reporting a profit while its opponent remains loss making.
AAOI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $269.9M | +127% |
| Q2 2026 | $191.9M | +86% |
| Q1 2026 | $151.1M | +51% |
| Q4 2025 | $134.3M | +34% |
| Q3 2025 | $118.6M | +82% |
| Q2 2025 | $103M | +138% |
| Q1 2025 | $99.9M | +146% |
| Q4 2024 | $100.3M | +66% |
AAOI has the edge over CCC on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.5% | +15 points |
| Q2 2026 | -13% | +2.6 points |
| Q1 2026 | -8.6% | +0.3 points |
| Q4 2025 | -8.6% | -2.1 points |
| Q3 2025 | -15% | +10 points |
| Q2 2025 | -16% | +45 points |
| Q1 2025 | -8.9% | +44 points |
| Q4 2024 | -6.5% | +1 points |
AAOI's operating margin was −0.5% last quarter, up 15 points from the same quarter a year ago, near the top of its range since 2019.
CCC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $294.1M | +10% |
| Q2 2026 | $285.9M | +9.8% |
| Q1 2026 | $281.3M | +12% |
| Q4 2025 | $277.9M | +13% |
| Q3 2025 | $267.1M | +12% |
| Q2 2025 | $260.5M | +12% |
| Q1 2025 | $251.6M | +11% |
| Q4 2024 | $246.5M | +7.8% |
CCC's revenue has grown year over year for 18 quarters in a row: $294M last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +8.3 points |
| Q2 2026 | 17% | +7.3 points |
| Q1 2026 | 17% | +22 points |
| Q4 2025 | 18% | +9.5 points |
| Q3 2025 | 11% | -0.8 points |
| Q2 2025 | 9.4% | -0.3 points |
| Q1 2025 | -4.3% | -7.7 points |
| Q4 2024 | 8.6% | +0.1 points |
CCC has the edge over AAOI on profitability, with a higher operating margin.
AAOI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$369.9M | -$291.2M |
| Q2 2026 | -$265.3M | -$174.4M |
| Q1 2026 | -$143.6M | -$64.3M |
| Q4 2025 | -$104.6M | -$51.6M |
| Q3 2025 | -$78.7M | -$58M |
| Q2 2025 | -$91M | -$86M |
| Q1 2025 | -$79.3M | -$45.1M |
| Q4 2024 | -$53M | -$48.4M |
AAOI has burned cash in almost every quarter: −$883M over the past year, against −$302M the year before.
CCC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $82.5M | +4.9% |
| Q2 2026 | $82.4M | +201% |
| Q1 2026 | $41.6M | -4.7% |
| Q4 2025 | $104.9M | -0.8% |
| Q3 2025 | $78.6M | +59% |
| Q2 2025 | $27.4M | -24% |
| Q1 2025 | $43.6M | +10% |
| Q4 2024 | $105.7M | +41% |
CCC has the edge over AAOI on cash generation, producing positive trailing cash flow while its opponent burns cash.
AAOI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.7% | +6.3M shares |
| 1 year | +39% | +24.5M shares |
| 3 years | +168% | +55.1M shares |
| 5 years | +224% | +60.7M shares |
| Available history | +340% | +67.9M shares |
AAOI has 88M diluted shares, up 39% from a year ago.
CCC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.5% | +8.5M shares |
| 1 year | -6% | -38M shares |
| 3 years | -5% | -31.5M shares |
| 5 years | +4.8% | +27M shares |
CCC has the edge over AAOI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $100.2M |
| Q4 2025 | $388.1M |
| Q3 2025 | $40M |
| Q2 2025 | $100.2M |
| Q1 2025 | $72.3M |
| Q4 2020 | $123,000 |
CCC spent $488M buying back its own shares over the past year.
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CCC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.1x | High |
| Q2 2026 | 4.9x | High |
| Q1 2026 | 5.8x | High |
| Q4 2025 | 7.7x | High |
| Q3 2025 | 7.2x | High |
| Q2 2025 | 8.1x | High |
| Q1 2025 | 7.9x | High |
| Q4 2024 | 3.0x | Elevated |
CCC's net debt is about 4.1 years of its operating earnings (EBITDA), down from 7.2 years a year ago.
AAOI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.1 | Neutral |
| Stochastic | 4.8 | Oversold |
AAOI's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
CCC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.0 | Neutral |
| Stochastic | 88.2 | Overbought |
CCC's weekly RSI is 62 (neutral) and its Stochastic is 88 (overbought).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
CCC PE vs Technology Sector
| Metric | CCC | Sector median | Relative |
|---|---|---|---|
| PE | 59x | 28x | 112% above |
| PE % | 2 | 38 | 36 pts below |
CCC is trading at 59x earnings, a 112% premium to the Technology sector's median of 28x.
AAOI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.2 | 34% below |
| 20 week MA | $100.6 | 47% below |
| 50 week MA | $100.3 | 47% below |
| 100 week MA | $62.3 | 15% below |
| 200 week MA | $36.9 | 43% above |
AAOI has fallen below most of its moving averages, though it's still 43% above its 200-week average.
CCC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.35 | 4.6% above |
| 20 week MA | $6.90 | 11% above |
| 50 week MA | $6.38 | 21% above |
| 100 week MA | $7.96 | 3.4% below |
| 200 week MA | $9.41 | 18% below |
CCC has the edge over AAOI on trend strength, trading above more of its moving averages.
AAOI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.5 | $8.77 | -24% |
| 2021 | $8.77 | $5.64 | -36% |
| 2022 | $5.64 | $1.95 | -65% |
| 2023 | $1.95 | $19.3 | +891% |
| 2024 | $19.3 | $37.7 | +95% |
| 2025 | $37.7 | $37.2 | -1.5% |
| 2026 YTD | $37.2 | $52.9 | +42% |
AAOI has the edge over CCC on returns for 2026, with the stronger performance.
CCC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.4 | $14.0 | +23% |
| 2021 | $14.0 | $11.6 | -17% |
| 2022 | $11.6 | $8.82 | -24% |
| 2023 | $8.82 | $11.4 | +29% |
| 2024 | $11.4 | $12.0 | +4.9% |
| 2025 | $12.0 | $8.09 | -32% |
| 2026 YTD | $8.09 | $7.69 | -4.9% |
CCC has finished lower in three of the last six years. It's down 4.9% so far in 2026.