AEHR · PEAD ↑ 80

Aehr Test Systems reported Q4 FY2026 EPS of $0.05 on 2026-07-14, beating the consensus of -$0.06 by $0.11 — a 183% beat — swinging from an expected loss to a small profit.

Print-day reaction was +5.9% versus the prior close, as the stock gapped open and held a majority of the move into the close. The overnight gap from the T+0 close to the T+1 open was a dramatic +36.3%, reflecting a sharp after-hours re-rating on the earnings beat. Over the following two trading days (T+1 close to T+3 close), price drifted -7.7%, a partial give-back of the overnight surge though far from a full reversal. Cumulative abnormal return of +19.9% versus SPY.US puts this firmly in PEAD long territory; the drift confirms the initial positive reaction despite intraday volatility, with the holding window running through 2026-10-09.