🟢 Applied Optoelectronics is trading 4.45% up today after Raymond James lifted target to $178

Applied Optoelectronics is trading 4.45% up now at $140.31 after Raymond James raised its target to $178 from $151, maintaining Outperform.

• Raymond James cited optics undersupply and favorable geopolitics; a successful 1.6T launch is expected in the fourth quarter of 2026.
• Broader market, especially technology shares, supports volatile August advance after a 1.14% August 11 gain.
• No August 12, 2026 filing or earnings release was identified; medium confidence reflects corroborated analyst action and limited direct trading-causation coverage.