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

Shares of AXT Inc (NASDAQ:AXTI) have earned an average recommendation of “Hold” from the five brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $43.80.

AXTI has been the topic of several research reports. Weiss Ratings raised shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. Northland Securities set a $125.00 price objective on shares of AXT in a research note on Wednesday, June 3rd.

AXT Price Performance

Shares of NASDAQ AXTI opened at $56.62 on Friday. The stock has a market capitalization of $3.70 billion, a PE ratio of -182.64 and a beta of 1.86. AXT has a one year low of $1.85 and a one year high of $143.16. The business’s fifty day moving average price is $96.92 and its 200-day moving average price is $56.74.

AXT (NASDAQ:AXTI) last announced its quarterly earnings data 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 analysts’ expectations of $26.22 million. AXT had a negative return on equity of 5.71% and a negative net margin of 14.69%.AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. As a group, equities analysts expect that AXT will post 0.19 EPS for the current fiscal year.

Insider Transactions at AXT

In related news, CEO Morris S. Young sold 123,601 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $113.33, for a total transaction of $14,007,701.33. Following the sale, the chief executive officer directly owned 2,149,533 shares in the company, valued at approximately $243,606,574.89. The trade was a 5.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David C. Chang sold 8,333 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $111.17, for a total value of $926,379.61. Following the completion of the transaction, the director owned 65,165 shares of the company’s stock, valued at approximately $7,244,393.05. This represents a 11.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 251,636 shares of company stock valued at $27,789,677 over the last three months. Company insiders own 5.97% of the company’s stock.

Hedge Funds Weigh In On AXT

Large investors have recently modified their holdings of the company. American Capital Advisory LLC purchased a new position in AXT during the first quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in AXT in the 1st quarter worth approximately $31,000. XTX Topco Ltd bought a new position in AXT in the 2nd quarter valued at $42,000. Jefferies Financial Group Inc. bought a new position in AXT in the 3rd quarter valued at $52,000. Finally, Leonteq Securities AG purchased a new position in shares of AXT during the 1st quarter valued at $57,000. 49.52% of the stock is currently owned by 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.