AXT Inc (NASDAQ:AXTI) Given Consensus Recommendation of “Hold” by Brokerages

AXT Inc (NASDAQ:AXTI) has been assigned a consensus rating of “Hold” from the five research firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $43.80.

A number of equities research analysts have recently issued reports on the stock. UBS Group set a $35.00 price target on shares of AXT in a research note on Tuesday, February 17th. Northland Securities set a $125.00 price target on shares of AXT in a research note on Wednesday, June 3rd. Wall Street Zen raised shares of AXT from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Wedbush boosted their price target on shares of AXT from $8.50 to $28.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Finally, Weiss Ratings raised shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th.

AXT Stock Performance

AXT stock opened at $97.18 on Monday. The company’s 50 day simple moving average is $92.50 and its 200-day simple moving average is $49.86. The company has a market capitalization of $6.36 billion, a price-to-earnings ratio of -313.47 and a beta of 1.80. AXT has a 1 year low of $1.80 and a 1 year high of $143.16.

AXT (NASDAQ:AXTI) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The business had revenue of $26.92 million for the quarter, compared to the consensus estimate of $26.22 million. AXT had a negative net margin of 14.69% and a negative return on equity of 5.71%. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. Equities analysts expect that AXT will post 0.2 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Jesse Chen sold 9,000 shares of AXT stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $86.73, for a total value of $780,570.00. Following the completion of the transaction, the director owned 78,447 shares in the company, valued at approximately $6,803,708.31. The trade was a 10.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Morris S. Young sold 123,601 shares of AXT stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $113.33, for a total transaction of $14,007,701.33. Following the completion of the transaction, the chief executive officer owned 2,149,533 shares of the company’s stock, valued at $243,606,574.89. This trade represents a 5.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 224,131 shares of company stock valued at $24,907,026 in the last 90 days. Company insiders own 5.97% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. American Capital Advisory LLC acquired a new position in shares of AXT in the first quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of AXT in the first quarter valued at approximately $31,000. Leonteq Securities AG acquired a new position in shares of AXT in the first quarter valued at approximately $57,000. KBC Group NV acquired a new position in shares of AXT in the first quarter valued at approximately $88,000. Finally, SG Americas Securities LLC acquired a new position in shares of AXT in the first quarter valued at approximately $108,000. Institutional investors and hedge funds own 49.52% of the company’s stock.

About AXT

AXT, Inc (NASDAQ: AXTI) is a global supplier of compound and single-element semiconductor substrates, offering a range of materials critical for high-performance electronic and optoelectronic devices. Founded in 1986 and headquartered in Fremont, California, AXT specializes in the development, manufacture and distribution of wafers composed of gallium arsenide (GaAs), indium phosphide (InP), gallium nitride (GaN) and other compound semiconductor materials. These substrates serve as the foundational platforms for devices used in data communications, wireless infrastructure, advanced computing, consumer electronics and photovoltaic applications.

AXT’s product portfolio encompasses a variety of wafer sizes, dopant concentrations and crystal orientations, tailored to meet the precise specifications of its customers.