AXT Inc (NASDAQ:AXTI) Given Average Rating of “Hold” by Analysts

AXT Inc (NASDAQ:AXTI) has earned a consensus recommendation of “Hold” from the five research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $22.80.

Several research analysts have recently issued reports on AXTI shares. UBS Group set a $35.00 target price on shares of AXT in a report on Tuesday, February 17th. Wall Street Zen upgraded shares of AXT from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Needham & Company LLC cut AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Wedbush boosted their target price on AXT from $8.50 to $28.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Finally, B. Riley Financial boosted their target price on AXT to $21.00 and gave the company a “neutral” rating in a research note on Friday, February 20th.

AXT Stock Performance

Shares of AXT stock opened at $121.93 on Thursday. AXT has a 52-week low of $1.38 and a 52-week high of $134.00. The stock has a market capitalization of $7.98 billion, a price-to-earnings ratio of -393.31 and a beta of 1.75. The company’s 50 day moving average price is $66.63 and its 200-day moving average price is $34.62.

AXT (NASDAQ:AXTI) last issued its earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.03. AXT had a negative net margin of 14.69% and a negative return on equity of 6.11%. The firm had revenue of $26.92 million for the quarter, compared to analysts’ expectations of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. As a group, equities research analysts forecast that AXT will post 0.2 earnings per share for the current fiscal year.

Insider Buying and Selling at AXT

In other AXT news, Director Jesse Chen sold 15,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $47.13, for a total transaction of $706,950.00. Following the transaction, the director directly owned 123,612 shares of the company’s stock, valued at approximately $5,825,833.56. The trade was a 10.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David C. Chang sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $38.53, for a total transaction of $770,600.00. Following the transaction, the director directly owned 112,744 shares in the company, valued at approximately $4,344,026.32. The trade was a 15.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 502,278 shares of company stock valued at $21,196,754. 5.97% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. American Capital Advisory LLC purchased a new position in AXT during the 1st quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in AXT during the 1st quarter valued at $31,000. XTX Topco Ltd purchased a new position in AXT during the 2nd quarter valued at $42,000. Jefferies Financial Group Inc. purchased a new position in AXT during the 3rd quarter valued at $52,000. Finally, Leonteq Securities AG purchased a new position in AXT during the 1st quarter valued at $57,000. 49.52% of the stock is owned by hedge funds and other institutional investors.

AXT Company Profile

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.