Advanced Energy Industries, Inc. (AEIS) has disclosed a new risk, in the Technology category.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Advanced Energy Industries, Inc. faces significant risks associated with the implementation of their new enterprise resource planning and IT systems, which could adversely affect their operations. The phased rollout over several years presents potential challenges, including project delays and failures to meet implementation goals, which could disrupt business activities. Moreover, insufficient readiness and training, along with difficulties in data conversion, may lead to operational setbacks and potential financial losses. Ultimately, any failure in the implementation process may require the company to write off capitalized costs, further impacting financial results.
The average AEIS stock price target is $131.89, implying 4.07% upside potential.
To learn more about Advanced Energy Industries, Inc.’s risk factors, click here.
