AXT (AXTI) Projected to Post Earnings on Thursday

AXT (NASDAQ:AXTI - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, July 31st. Analysts expect AXT to post earnings of ($0.08) per share and revenue of $20.85 million for the quarter.

AXT (NASDAQ:AXTI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The semiconductor company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.07). AXT had a negative return on equity of 8.54% and a negative net margin of 19.10%. On average, analysts expect AXT to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

AXT Price Performance

NASDAQ AXTI traded down $0.15 on Thursday, hitting $2.37. The stock had a trading volume of 232,342 shares, compared to its average volume of 463,341. AXT has a 52-week low of $1.13 and a 52-week high of $3.77. The business's fifty day moving average price is $1.96 and its 200 day moving average price is $1.79. The stock has a market cap of $108.07 million, a price-to-earnings ratio of -5.51 and a beta of 2.07.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. B. Riley lowered their price objective on shares of AXT from $4.50 to $4.30 and set a "buy" rating for the company in a research note on Thursday, July 10th. Wall Street Zen upgraded shares of AXT to a "sell" rating in a research note on Friday, April 25th. Finally, Wedbush reiterated an "outperform" rating and set a $4.50 price objective on shares of AXT in a research note on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to MarketBeat, AXT has a consensus rating of "Moderate Buy" and a consensus target price of $4.70.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AXT stock. Acadian Asset Management LLC boosted its holdings in shares of AXT Inc (NASDAQ:AXTI - Free Report) by 2.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 293,818 shares of the semiconductor company's stock after purchasing an additional 8,039 shares during the period. Acadian Asset Management LLC owned about 0.64% of AXT worth $412,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 49.52% of the stock is owned by hedge funds and other institutional investors.

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.