Applied Optoelectronics Inc (NASDAQ:AAOI) shares are rallying on Monday as the company landed an upsized hyperscale data-center order tied to 800G optics demand. The move is also getting a tailwind from a generally green tape, with major indices trading higher.

New 800G Order Extends AAOI Momentum Story

Applied Optoelectronics is building on last week's momentum after the stock popped more than 20% Thursday, keeping traders focused on whether the $71 million add-on order is the start of a larger 800G ramp. That earlier surge is still in play as shares jumped after the company outlined delivery timing into year-end.

Applied Optoelectronics said it received a new $71 million order for 800G single-mode data center transceivers from a major hyperscale customer. The company said this brings total orders from that customer to $124 million since mid-March and is expected to more than double the existing backlog from that customer.

Applied Optoelectronics said deliveries for the original $53 million order are set to begin in the second quarter and finish by the third quarter, while the new $71 million order is expected to be fully delivered by the end of the year.

The company also disclosed it shipped the first 10,000 units of an 800G single-mode transceiver to a second hyperscale data center customer, widening the demand signal beyond one buyer.

AAOI Stays In Strong Long-Term Uptrend

The new 800G order flow is keeping traders focused on whether AAOI can retest its recent highs without stalling. At $110.39, moving-average positioning is unavailable in the provided data (20-day and 100-day simple moving averages (SMA), the stock's average price over those windows), so the chart read leans more on range levels and prior turning points.

AAOI is trading below its $128.96 52-week high and well above its $9.71 52-week low, which is consistent with a stock that's still in a strong longer-term uptrend phase. The 12-month gain of 890.83% is backward-looking, but it underscores how aggressively sentiment has shifted toward the name over the past year.

Key turning points show momentum has been hot before: RSI (relative strength index, a momentum gauge) entered overbought territory on 2026-02-27, and the stock also tagged a 52-week high on 2026-03-11 after breaking above resistance on 2026-03-10. Trend history also includes a death cross in April and a golden cross in August, highlighting how quickly the trend regime has flipped over the last year.

  • Key Resistance: $119.00 — a prior ceiling where rallies have recently had trouble pushing through.

Analysts Stay Bullish As Price Targets Rise

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $50.50. Recent analyst moves include:

  • Rosenblatt: Buy (Raises Target to $140.00) (March 9)
  • Rosenblatt: Buy (Raises Target to $125.00) (Feb. 27)
  • Needham: Buy (Raises Target to $80.00) (Feb. 27)

AAOI Shares Surge Monday

AAOI Stock Price Activity: Applied Optoelectronics shares were up 6.18% at $110.33 at the time of publication on Monday, according to Benzinga Pro data.

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