AXT (NASDAQ:AXTI – Get Free Report) is projected to release its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect AXT to announce earnings of $0.3080 per share and revenue of $66.00 million for the quarter. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. Investors can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.
AXT (NASDAQ:AXTI – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The semiconductor company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.12. The business had revenue of $47.59 million during the quarter, compared to the consensus estimate of $34.08 million. On average, analysts expect AXT to post $0.80 EPS for the current fiscal year and $2.15 EPS for the next fiscal year.
AXT Stock Performance
Shares of AXT stock opened at $58.23 on Wednesday. The company’s fifty day simple moving average is $67.23 and its 200-day simple moving average is $63.52. AXT has a 1 year low of $6.04 and a 1 year high of $143.16.
Insider Activity
In other news, Director Leonard Leblanc sold 4,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $96.07, for a total transaction of $384,280.00. Following the completion of the transaction, the director directly owned 113,129 shares of the company’s stock, valued at approximately $10,868,303.03. This trade represents a 3.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 5.97% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have issued reports on AXTI. Weiss Ratings upgraded shares of AXT from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Friday, August 14th. B. Riley Financial cut their price objective on shares of AXT from $73.00 to $52.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. Needham & Company LLC raised shares of AXT from a “hold” rating to a “buy” rating and set a $90.00 price objective for the company in a research report on Friday, July 31st. Zacks Research cut shares of AXT from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 29th. Finally, UBS Group set a $90.00 target price on AXT in a research report on Friday, July 31st. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $77.00.
AXT Company Profile
AXT, Inc develops and manufactures compound semiconductor substrates used as the foundation for various high-performance electronic and optoelectronic devices. Its principal products include gallium arsenide (GaAs), indium phosphide (InP), and germanium substrates, along with other specialty materials such as gallium antimonide and indium arsenide.
The company’s substrates are used in applications including wireless communications, fiber-optic and data-center networks, lasers, light-emitting diodes, solar cells, consumer electronics, and aerospace and defense systems.
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