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

Shares of AXT Inc (NASDAQ:AXTI) have been assigned a consensus recommendation of “Hold” from the five brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $43.80.

A number of equities research analysts have commented on AXTI shares. Northland Securities set a $125.00 target price on shares of AXT in a research note on Wednesday, June 3rd. Weiss Ratings upgraded shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th.

Insider Activity

In related news, Director David C. Chang sold 8,333 shares of AXT stock in a transaction on Monday, June 15th. The shares were sold at an average price of $111.17, for a total transaction of $926,379.61. Following the transaction, the director owned 65,165 shares in the company, valued at approximately $7,244,393.05. The trade was a 11.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Morris S. Young sold 123,601 shares of the company’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 completion of the transaction, the chief executive officer directly owned 2,149,533 shares of the company’s stock, valued at $243,606,574.89. This represents a 5.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 251,636 shares of company stock worth $27,789,677 in the last three months. Company insiders own 5.97% of the company’s stock.

Institutional Trading of AXT

Institutional investors have recently made changes to their positions in the business. CloudAlpha Capital Management Limited Hong Kong purchased a new position in AXT in the 4th quarter worth approximately $22,738,000. Maytree Asset Management Ltd purchased a new stake in AXT during the 4th quarter valued at approximately $11,156,000. Destination Wealth Management purchased a new stake in AXT during the 3rd quarter valued at approximately $458,000. Penn Capital Management Company LLC purchased a new stake in AXT during the 3rd quarter valued at approximately $729,000. Finally, Allworth Financial LP raised its position in shares of AXT by 3,764.7% during the fourth quarter. Allworth Financial LP now owns 11,594 shares of the semiconductor company’s stock valued at $190,000 after buying an additional 11,294 shares during the last quarter. Hedge funds and other institutional investors own 49.52% of the company’s stock.

AXT Stock Up 4.0%

Shares of AXTI opened at $62.55 on Friday. The business has a 50-day simple moving average of $95.40 and a two-hundred day simple moving average of $58.38. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of -201.77 and a beta of 1.86. AXT has a 52 week low of $1.85 and a 52 week high of $143.16.

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 for the quarter, compared to the consensus estimate 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. On average, equities analysts anticipate that AXT will post 0.19 earnings per share for the current fiscal 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.