AAOI
Applied Optoelectronics, Inc.
AAOI lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
WETO
Webus International Limited Ordinary Shares
There isn't enough reported data to score WETO yet.
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.
WETO Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Unavailable |
WETO's profitability is currently weak. There isn't enough data to rate its revenue, cash flow and balance sheet.
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.
WETO PE Valuation
WETO has no meaningful PE right now: it lost money over the past year.
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.
WETO Forward outlook
There aren't enough analyst estimates for WETO to show an outlook.
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 has the stronger earnings trend. Trailing diluted EPS is down 112% for AAOI versus WETO down 11,350%.
WETO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2025 | -$9.00 | -$8.98 |
| Q2 2024 | -$0.02 | +$0.06 |
| Q1 2024 | -$0.05 | $0.00 |
| Q4 2023 | -$0.08 | -$0.05 |
| Q3 2023 | -$0.08 | -$0.05 |
| Q2 2023 | -$0.08 | -$0.05 |
WETO lost $9.00 per share over the past year, a bigger loss than the year before.
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 stronger quarterly revenue trend. Revenue is up 127% for AAOI versus down 65% for WETO.
| 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 has the edge over WETO on profitability, with a higher operating margin.
WETO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $566.2K | -89% |
| Q2 2025 | $5.3M | +228% |
| Q2 2024 | $1.6M | -64% |
| Q1 2024 | $1.6M | -64% |
| Q4 2023 | $1.8M | -74% |
| Q3 2023 | $1.8M | -74% |
| Q2 2023 | $4.5M | -27% |
| Q1 2023 | $4.5M | -27% |
WETO's revenue has slid since its 2022 peak: $566,227 last quarter, down 65% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -391% | -378 points |
| Q4 2025 | -115% | -96 points |
| Q2 2025 | -38% | -18 points |
| Q2 2024 | -26% | -1.9 points |
| Q1 2024 | -13% | +11 points |
| Q4 2023 | -19% | -14 points |
| Q3 2023 | -19% | -14 points |
| Q2 2023 | -24% | -19 points |
WETO's operating margin was −391% last quarter, down 378 points from the same quarter a year ago, near the bottom of its range since 2021.
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 |
WETO has the stronger cash trend. Its trailing FCF is down 344% versus its history, compared with AAOI at down 676%.
WETO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$1M | +$7.8M |
| Q2 2025 | -$8.8M | -$8.8M |
| Q2 2024 | -$17.3K | +$352.1K |
| Q1 2024 | $0 | +$369.4K |
| Q4 2023 | -$88.9K | -$41.5K |
| Q3 2023 | -$88.9K | -$41.5K |
| Q2 2023 | -$369.4K | -461% |
| Q1 2023 | -$369.4K | -461% |
WETO has burned cash in most quarters: −$8M over the past year, against −$547,239 the year before.
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.
WETO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6.4% | +13.3K shares |
| 1 year | -99% | -34.8M shares |
| 3 years | -99% | -34.8M shares |
WETO has the edge over AAOI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
WETO Net Leverage
WETO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
WETO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.7 | Neutral |
| Stochastic | 0.2 | Oversold |
WETO's weekly RSI is 33 (neutral) and its Stochastic is 0 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
WETO PE vs Technology Sector
WETO has no meaningful PE right now: it lost money over the past year.
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 stronger trend alignment. AAOI is above 1 of 5 weekly averages versus WETO above 0 of 3.
WETO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.02 | 38% below |
| 20 week MA | $14.6 | 96% below |
| 50 week MA | $47.9 | 99% below |
WETO is in a downtrend: it's below all three of its weekly moving averages, and 99% below its 50-week average.
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 WETO on returns for 2026, with the stronger performance.
WETO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $376.0 | $90.0 | -76% |
| 2026 YTD | $90.0 | $0.63 | -99% |
WETO has finished every year since 2025 lower, and it's down 99% so far in 2026.