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

AXT Inc (NASDAQ:AXTI) has received a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $77.00.

Several research analysts have recently weighed in on the company. Northland Securities set a $125.00 target price on AXT in a report on Wednesday, June 3rd. B. Riley Financial reduced their price objective on AXT from $73.00 to $52.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. Zacks Research raised AXT from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Needham & Company LLC upgraded AXT from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a report on Friday, July 31st. Finally, Weiss Ratings upgraded AXT from a “sell (d-)” rating to a “sell (d+)” rating in a report on Friday, August 14th.

Insider Buying and Selling

In other AXT news, Director Jesse Chen sold 6,172 shares of AXT stock in a transaction on Monday, June 15th. The stock was sold at an average price of $115.24, for a total value of $711,261.28. Following the sale, the director owned 50,275 shares in the company, valued at $5,793,691. The trade was a 10.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Leonard J. Leblanc sold 4,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $96.07, for a total value of $384,280.00. Following the completion of the transaction, the director directly owned 113,129 shares in the company, valued at approximately $10,868,303.03. This trade represents a 3.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 258,136 shares of company stock worth $28,395,372. Insiders own 5.97% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. American Capital Advisory LLC acquired a new position in shares of AXT in the 1st quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in AXT in the 1st quarter valued at approximately $31,000. Global Retirement Partners LLC purchased a new stake in AXT in the second quarter valued at approximately $55,000. Leonteq Securities AG purchased a new stake in AXT in the first quarter valued at approximately $57,000. Finally, Tema ETFs LLC acquired a new position in AXT during the second quarter worth $105,000. Institutional investors and hedge funds own 49.52% of the company’s stock.

AXT Stock Down 12.4%

Shares of AXTI opened at $58.63 on Friday. AXT has a 52-week low of $2.75 and a 52-week high of $143.16. The stock has a market cap of $3.84 billion, a PE ratio of 2,931.50 and a beta of 1.90. The firm’s fifty day moving average is $64.40 and its two-hundred day moving average is $69.20.

AXT (NASDAQ:AXTI) last posted its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.12. The firm had revenue of $47.59 million for the quarter, compared to the consensus estimate of $34.08 million. AXT had a net margin of 3.23% and a return on equity of 0.96%. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. As a group, research analysts anticipate that AXT will post 0.8 earnings per share for the current year.

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.