Should I buy or sell AXT stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AXT in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AXTI shares. View AXTI analyst ratings or view top-rated stocks .

What is AXT's stock price target for 2024?

4 Wall Street research analysts have issued 12-month price targets for AXT's shares. Their AXTI share price targets range from $5.00 to $6.00. On average, they predict the company's stock price to reach $5.30 in the next year. This suggests a possible upside of 65.1% from the stock's current price. View analysts price targets for AXTI or view top-rated stocks among Wall Street analysts .

How have AXTI shares performed in 2024?

AXT's stock was trading at $2.40 at the start of the year. Since then, AXTI shares have increased by 33.8% and is now trading at $3.21. View the best growth stocks for 2024 here .

Are investors shorting AXT?

AXT saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,930,000 shares, an increase of 9.0% from the March 15th total of 1,770,000 shares. Based on an average trading volume of 2,380,000 shares, the days-to-cover ratio is presently 0.8 days. Currently, 4.8% of the company's stock are sold short. View AXT's Short Interest .

When is AXT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our AXTI earnings forecast .

How can I listen to AXT's earnings call?

AXT will be holding an earnings conference call on Thursday, May 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "4378083".

How were AXT's earnings last quarter?

AXT, Inc. (NASDAQ:AXTI) announced its quarterly earnings data on Thursday, February, 22nd. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.05. The semiconductor company earned $20.43 million during the quarter, compared to analyst estimates of $17.62 million. AXT had a negative net margin of 23.59% and a negative trailing twelve-month return on equity of 7.80%.

What guidance has AXT issued on next quarter's earnings?

AXT issued an update on its first quarter 2024 earnings guidance on Saturday, April, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $22.4 million-$22.7 million, compared to the consensus revenue estimate of $21.0 million.

What other stocks do shareholders of AXT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AXT investors own include NVIDIA (NVDA) , Micron Technology (MU) , Alibaba Group (BABA) , Advanced Micro Devices (AMD) , Editas Medicine (EDIT) , Cisco Systems (CSCO) , General Electric (GE) , Block (SQ) , OPKO Health (OPK) and Bank of America (BAC) .

Who are AXT's major shareholders?

AXT's stock is owned by a number of retail and institutional investors. Top institutional investors include Keystone Wealth Services LLC (0.44%) and Game Plan Financial Advisors LLC (0.12%). Insiders that own company stock include Gary L Fischer , Jesse Chen , Leonard J Leblanc , Morris S Young, Morris S Young and Russell Christine. View institutional ownership trends .

How do I buy shares of AXT?

Shares of AXTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:AXTI

AXT (AXTI) Stock Price, News & Analysis

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$3.21

-0.22 (-6.41%)

(As of 04/15/2024 ET)

Compare

Today's Range: $3.15
▼
$3.45
50-Day Range: $2.20
▼
$5.40
52-Week Range: $1.89
▼
$5.64

Volume: 1.19 million shs
Average Volume: 1.24 million shs
Market Capitalization: $142.04 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.30

Get AXT alerts:

AXT MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 65.1% Upside
$5.30 Price Target
Short Interest: Healthy
4.75% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.40
Based on 16 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.10) to $0.38 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.62 out of 5 stars

Computer And Technology Sector

348th out of 591 stocks

Semiconductors & Related Devices Industry

53rd out of 90 stocks

3.5

Analyst's Opinion

Consensus Rating
AXT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
AXT has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.75% of the float of AXT has been sold short.
Short Interest Ratio / Days to Cover
AXT has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in AXT has recently increased by 9.04%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
AXT does not currently pay a dividend.
Dividend Growth
AXT does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AXTI.

3.0

News and Social Media Coverage

News Sentiment
AXT has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for AXT this week, compared to 2 articles on an average week.
Search Interest
33 people have searched for AXTI on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.
MarketBeat Follows
11 people have added AXT to their MarketBeat watchlist in the last 30 days. This is an increase of 83% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AXT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.39% of the stock of AXT is held by insiders.
Percentage Held by Institutions
49.52% of the stock of AXT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for AXT are expected to grow in the coming year, from ($0.10) to $0.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AXT is -7.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of AXT is -7.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
AXT has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About AXT Stock (NASDAQ:AXTI)

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also provides semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers, as well as laser machining, cutting, and drilling. In addition, the company offers germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it provides 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.

AXTI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AXTI Stock News Headlines

April 15, 2024 | tmcnet.com

AXTI LOSS ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages AXT, Inc. Investors to Inquire About Securities Class Action Investigation - AXTI

April 15, 2024 | businesswire.com

AXTI LOSS ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages AXT, Inc. Investors to Inquire About Securities Class Action Investigation – AXTI

April 16, 2024 | InvestorPlace (Ad)

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April 13, 2024 | americanbankingnews.com

AXT, Inc. (NASDAQ:AXTI) Receives Consensus Rating of "Buy" from Analysts

April 12, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of AXT, Inc. - AXTI

April 10, 2024 | finance.yahoo.com

Top Stock Picks for Week of April 8, 2024

April 10, 2024 | americanbankingnews.com

AXT's (AXTI) Buy Rating Reaffirmed at Needham & Company LLC

April 10, 2024 | americanbankingnews.com

AXT (NASDAQ:AXTI) Price Target Increased to $5.00 by Analysts at Craig Hallum

April 16, 2024 | InvestorPlace (Ad)

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April 9, 2024 | markets.businessinsider.com

AXT Rated as ‘Buy’ on Strong Q1 2024 Performance and Promising AI Sector Involvement

April 9, 2024 | americanbankingnews.com

AXT (NASDAQ:AXTI) Stock Rating Reaffirmed by Wedbush

April 8, 2024 | businesswire.com

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of AXT, Inc. (AXTI) on Behalf of Investors

April 8, 2024 | marketwatch.com

AXT Shares Rise 22% on Higher 1Q Revenue Outlook

April 8, 2024 | businesswire.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of AXT, Inc. (AXTI) on Behalf of Investors

April 8, 2024 | globenewswire.com

AXT, Inc. Announces Preliminary First Quarter 2024 Revenue Results and Schedules Earnings Release for May 2, 2024

April 6, 2024 | americanbankingnews.com

AXT (NASDAQ:AXTI) Price Target Raised to $5.50 at B. Riley

April 6, 2024 | morningstar.com

Investigation into AXT Underway: Johnson Fistel, LLP Digs into Alleged Securities Law Violations - What Shareholders Need to Know

April 5, 2024 | businesswire.com

The Law Offices of Frank R. Cruz Announces Investigation of AXT, Inc. (AXTI) on Behalf of Investors

April 4, 2024 | seekingalpha.com

AXT: Selloff Provides Buying Opportunity

March 19, 2024 | finance.yahoo.com

Are Computer and Technology Stocks Lagging Sea Limited (SE) This Year?

March 11, 2024 | investorplace.com

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March 7, 2024 | investorplace.com

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February 25, 2024 | finance.yahoo.com

AXT, Inc. (NASDAQ:AXTI) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

February 24, 2024 | finance.yahoo.com

After losing 14% in the past year, AXT, Inc. (NASDAQ:AXTI) institutional owners must be relieved by the recent gain

February 24, 2024 | msn.com

Craig-Hallum Upgrades AXT (AXTI)

February 24, 2024 | msn.com

B. Riley Securities Upgrades AXT (AXTI)

February 23, 2024 | msn.com

These Analysts Revise Their Forecasts On AXT Following Q4 Results

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/15/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: Semiconductor Equipment
Current Symbol: NASDAQ:AXTI
CUSIP: 00246W10
CIK: 1051627
Web: www.axt.com
Phone: (510) 438-4700
Fax: 510-353-0668
Employees: 1,456
Year Founded: 1986

Price Target and Rating

Average Stock Price Target: $5.30
High Stock Price Target: $6.00
Low Stock Price Target: $5.00
Potential Upside/Downside: +65.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.43)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-17,880,000.00
Net Margins: -23.59%
Pretax Margin: -25.11%
Return on Equity: -7.80%
Return on Assets: -5.06%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.09
Quick Ratio: 1.03

Sales & Book Value

Annual Sales: $75.79 million
Price / Sales: 1.87
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $5.13 per share
Price / Book: 0.63

Miscellaneous

Outstanding Shares: 44,250,000
Free Float: 40,536,000
Market Cap: $142.04 million
Optionable: Optionable
Beta: 2.24

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Key Executives

Dr. Morris S. Young Ph.D. (Age 79)
Co-Founder, CEO & Chairman
Comp: $901.81k
Mr. Gary L. Fischer (Age 72)
CFO, VP & Corporate Secretary
Comp: $549.86k
Dr. Wei Gao
Chief Technical Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

AXTI Stock Analysis - Frequently Asked Questions

Should I buy or sell AXT stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AXT in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AXTI shares.
View AXTI analyst ratings or view top-rated stocks.
What is AXT's stock price target for 2024?: 4 Wall Street research analysts have issued 12-month price targets for AXT's shares. Their AXTI share price targets range from $5.00 to $6.00. On average, they predict the company's stock price to reach $5.30 in the next year. This suggests a possible upside of 65.1% from the stock's current price.
View analysts price targets for AXTI or view top-rated stocks among Wall Street analysts.
How have AXTI shares performed in 2024?: AXT's stock was trading at $2.40 at the start of the year. Since then, AXTI shares have increased by 33.8% and is now trading at $3.21.
View the best growth stocks for 2024 here.
Are investors shorting AXT?: AXT saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,930,000 shares, an increase of 9.0% from the March 15th total of 1,770,000 shares. Based on an average trading volume of 2,380,000 shares, the days-to-cover ratio is presently 0.8 days. Currently, 4.8% of the company's stock are sold short.
View AXT's Short Interest.
When is AXT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our AXTI earnings forecast.
How can I listen to AXT's earnings call?: AXT will be holding an earnings conference call on Thursday, May 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "4378083".

How were AXT's earnings last quarter?: AXT, Inc. (NASDAQ:AXTI) announced its quarterly earnings data on Thursday, February, 22nd. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.05. The semiconductor company earned $20.43 million during the quarter, compared to analyst estimates of $17.62 million. AXT had a negative net margin of 23.59% and a negative trailing twelve-month return on equity of 7.80%.
What guidance has AXT issued on next quarter's earnings?: AXT issued an update on its first quarter 2024 earnings guidance on Saturday, April, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $22.4 million-$22.7 million, compared to the consensus revenue estimate of $21.0 million.
What other stocks do shareholders of AXT own?: Based on aggregate information from My MarketBeat watchlists, some companies that other AXT investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Editas Medicine (EDIT), Cisco Systems (CSCO), General Electric (GE), Block (SQ), OPKO Health (OPK) and Bank of America (BAC).
Who are AXT's major shareholders?: AXT's stock is owned by a number of retail and institutional investors. Top institutional investors include Keystone Wealth Services LLC (0.44%) and Game Plan Financial Advisors LLC (0.12%). Insiders that own company stock include Gary L Fischer, Jesse Chen, Leonard J Leblanc, Morris S Young, Morris S Young and Russell Christine.
View institutional ownership trends.
How do I buy shares of AXT?: Shares of AXTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AXTI) was last updated on 4/16/2024 by MarketBeat.com Staff

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AXT (AXTI) Stock Price, News & Analysis

AXT MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AXT Stock (NASDAQ:AXTI)

AXTI Stock Price History

AXTI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

AXTI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™