Wedbush Issues Positive Outlook for AXT Earnings

AXT Inc (NASDAQ:AXTI) – Wedbush boosted their Q3 2025 EPS estimates for shares of AXT in a research report issued to clients and investors on Wednesday, October 29th. Wedbush analyst M. Bryson now anticipates that the semiconductor company will post earnings per share of ($0.12) for the quarter, up from their previous estimate of ($0.14). Wedbush currently has a “Outperform” rating and a $7.00 target price on the stock. The consensus estimate for AXT’s current full-year earnings is ($0.12) per share. Wedbush also issued estimates for AXT’s Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.53) EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.08 EPS, Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $0.22 EPS.

Several other analysts have also recently weighed in on the stock. Needham & Company LLC raised their price objective on shares of AXT from $5.00 to $10.00 and gave the company a “buy” rating in a research report on Friday. B. Riley lifted their target price on shares of AXT from $4.00 to $9.00 and gave the stock a “buy” rating in a research report on Friday. Northland Securities set a $10.00 target price on shares of AXT in a research report on Friday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of AXT in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, AXT presently has an average rating of “Moderate Buy” and an average target price of $9.00.

AXT Stock Performance

AXT stock opened at $7.90 on Friday. The firm’s fifty day moving average price is $4.49 and its 200-day moving average price is $2.78. The stock has a market cap of $364.39 million, a P/E ratio of -14.36 and a beta of 2.26. AXT has a fifty-two week low of $1.13 and a fifty-two week high of $9.84.

Institutional Investors Weigh In On AXT

A number of large investors have recently added to or reduced their stakes in AXTI. Algert Global LLC bought a new stake in AXT in the 1st quarter worth $31,000. XTX Topco Ltd bought a new stake in AXT in the 2nd quarter worth $42,000. Atlas Brown Inc. grew its holdings in AXT by 100.0% in the 2nd quarter. Atlas Brown Inc. now owns 39,150 shares of the semiconductor company’s stock worth $82,000 after acquiring an additional 19,575 shares during the last quarter. Creative Planning bought a new stake in AXT in the 2nd quarter worth $86,000. Finally, Assenagon Asset Management S.A. grew its holdings in AXT by 12.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 22,952 shares of the semiconductor company’s stock worth $103,000 after acquiring an additional 2,540 shares during the last quarter. Institutional investors own 49.52% of the company’s stock.

About AXT

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.