AXT Inc (NASDAQ:AXTI) Receives Consensus Recommendation of “Hold” from Analysts

AXT Inc (NASDAQ:AXTI) has been assigned an average recommendation of “Hold” from the five analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $22.80.

Several brokerages have recently commented on AXTI. UBS Group set a $35.00 price objective on AXT in a report on Tuesday, February 17th. Wall Street Zen upgraded AXT from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings restated a “sell (e+)” rating on shares of AXT in a research note on Wednesday, May 13th. Wedbush lifted their target price on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Finally, Needham & Company LLC lowered AXT from a “buy” rating to a “hold” rating in a research report on Tuesday, January 20th.

Insider Activity at AXT

In other news, CEO Morris S. Young sold 159,536 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $43.32, for a total value of $6,911,099.52. Following the completion of the transaction, the chief executive officer owned 2,482,038 shares of the company’s stock, valued at $107,521,886.16. The trade was a 6.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jesse Chen sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $47.13, for a total value of $706,950.00. Following the completion of the transaction, the director directly owned 123,612 shares of the company’s stock, valued at $5,825,833.56. The trade was a 10.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 502,278 shares of company stock worth $21,196,754 over the last three months. Company insiders own 5.97% of the company’s stock.

Institutional Trading of AXT

Institutional investors have recently bought and sold shares of the business. Acadian Asset Management LLC grew its position in shares of AXT by 2.8% in the first quarter. Acadian Asset Management LLC now owns 293,818 shares of the semiconductor company’s stock valued at $412,000 after purchasing an additional 8,039 shares during the period. Creative Planning acquired a new position in shares of AXT during the 2nd quarter worth about $86,000. XTX Topco Ltd purchased a new position in AXT in the 2nd quarter valued at about $42,000. Wesbanco Bank Inc. purchased a new position in AXT in the 3rd quarter valued at about $112,000. Finally, Dimensional Fund Advisors LP acquired a new stake in AXT in the 3rd quarter worth about $145,000. 49.52% of the stock is owned by institutional investors and hedge funds.

AXT Stock Performance

NASDAQ:AXTI opened at $105.88 on Thursday. The company’s 50-day simple moving average is $71.13 and its 200-day simple moving average is $36.91. AXT has a fifty-two week low of $1.38 and a fifty-two week high of $134.00. The stock has a market capitalization of $6.93 billion, a P/E ratio of -341.54 and a beta of 1.75.

AXT (NASDAQ:AXTI) last posted its quarterly earnings data on Thursday, April 30th. The semiconductor company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.03. The firm had revenue of $26.92 million during the quarter, compared to analyst estimates 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. On average, research analysts forecast that AXT will post 0.2 EPS for the current year.

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.