Northland Securities Expects Increased Earnings for AXT

AXT Inc (NASDAQ:AXTI) – Analysts at Northland Securities raised their FY2026 earnings per share (EPS) estimates for shares of AXT in a research report issued on Friday, October 30th. Northland Securities analyst T. Savageaux now forecasts that the semiconductor company will earn $1.15 per share for the year, up from their prior estimate of $0.81. The consensus estimate for AXT’s current full-year earnings is $0.80 per share. Northland Securities also issued estimates for AXT’s Q4 2026 earnings at $0.54 EPS, Q1 2027 earnings at $0.46 EPS, Q2 2027 earnings at $0.53 EPS, Q3 2027 earnings at $0.61 EPS, Q4 2027 earnings at $0.70 EPS and FY2027 earnings at $2.29 EPS.

AXTI has been the subject of several other research reports. Needham & Company LLC raised shares of AXT from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research note on Friday, July 31st. Weiss Ratings upgraded shares of AXT from a “sell (d-)” rating to a “sell (d+)” rating in a report on Friday, August 14th. UBS Group set a $90.00 price target on shares of AXT in a research note on Friday, July 31st. Zacks Research downgraded shares of AXT from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 29th. Finally, B. Riley Financial boosted their price objective on shares of AXT from $55.00 to $56.00 and gave the company a “neutral” rating in a research report on Friday, October 30th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, AXT has a consensus rating of “Hold” and a consensus target price of $77.80.

AXT Stock Down 7.4%

AXTI opened at $47.54 on Thursday. The firm has a market cap of $3.12 billion, a P/E ratio of 105.64 and a beta of 2.01. AXT has a 52 week low of $7.81 and a 52 week high of $143.16. The business’s fifty day simple moving average is $65.13 and its 200 day simple moving average is $64.46.

AXT (NASDAQ:AXTI) last released its quarterly earnings results on Thursday, October 29th. The semiconductor company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.10. AXT had a return on equity of 5.21% and a net margin of 18.53%. The company had revenue of $73.41 million during the quarter, compared to analysts’ expectations of $66.00 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. American Capital Advisory LLC purchased a new position in shares of AXT during the 1st quarter worth about $27,000. Reyes Financial Architecture Inc. purchased a new stake in AXT in the third quarter valued at approximately $42,000. Global Retirement Partners LLC purchased a new stake in AXT in the second quarter valued at approximately $55,000. Signaturefd LLC grew its holdings in AXT by 440.9% in the third quarter. Signaturefd LLC now owns 952 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 776 shares during the period. Finally, Leonteq Securities AG acquired a new position in AXT during the first quarter worth approximately $57,000. Institutional investors and hedge funds own 49.52% of the company’s stock.

Insider Transactions at AXT

In other AXT news, Director Leonard Leblanc sold 4,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $96.07, for a total value of $384,280.00. Following the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 5.97% of the company’s stock.

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.