| Over a week ago | ||||
Loop Capital analyst… Loop Capital analyst David Williams raised the firm's price target on Alpha & Omega to $35 from $23 and keeps a Buy rating on the shares. The analyst is citing the company's multiple quarters of outperformance driven by strong traction from an "improved product portfolio and high-quality design wins". Williams adds that while the pandemic has provided healthy demand support to Alpha & Omega, he sees much of the increase as "structural" in nature. | ||||
| Over a month ago | ||||
B. Riley Securities… B. Riley Securities analyst Craig Ellis raised the firm's price target on Alpha & Omega to $35 from $28 and keeps a Buy rating on the shares. The analyst reiterates a bullish stance on the Semiconductor sector heading into 2021. The late 2020 personal computer, 5G smartphone, auto advanced driver-assistance systems and electric vehicle demand momentum can persist into the first half of 2021, Ellis tells investors in a research note. Adding incremental data center and industrial strength by mid-year can bring "synchronized global growth recovery tailwinds" for the second half across all end markets, adds the analyst. | ||||
Virtual Meetings to be… Virtual Meetings to be held on December 3-4 hosted by Loop Capital. | ||||
Virtual Meetings to be… Virtual Meetings to be held on December 3-4 hosted by Loop Capital. | ||||
Virtual Meetings to be… Virtual Meetings to be held on December 3-4 hosted by Loop Capital. | ||||
B. Riley Securities… B. Riley Securities analyst Craig Ellis raised the firm's price target on Alpha & Omega to $28 from $26 and keeps a Buy rating on the shares after a meeting with management. The analyst senses growing management conviction that its joint venture profitability can expand from EBITDA to the bottom line at $155M-plus in sales. He views the shares as "especially attractive for small-cap value investors.: | |
Conference call with… Conference call with management will be held on November 19 hosted by B. Riley Securites. | |
Conference call with… Conference call with management will be held on November 19 hosted by B. Riley Securites. | |
Alpha and Omega… Alpha and Omega Semiconductor announced that its Board of Directors has appointed and promoted Stephen Chang, currently Executive Vice President of Product Line Management, to be the President of AOS, effective January 1, 2021. Stephen Chang will report to Dr. Mike Chang, the Chairman of the Board and CEO of AOS, and manage Sales and Marketing, R&D, Operations and Quality functions. AOS also announced that Dr. Yueh-se Ho will retire as COO, effective January 1, 2021. Dr. Ho is a co-founder of AOS and has served in a number of leadership positions since AOS's inception during his career. Dr. Ho will continue to serve as a member of the AOS Board of Directors. | |
Sees Q2 gross margin… Sees Q2 gross margin 28%-30%. |