AXT Inc (NASDAQ:AXTI) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analyst consensus is “Moderate Buy”: Three analysts rate AXT a buy, one a strong buy, one a hold and one a sell. The average 12-month price target is $77, with recent targets ranging from $52 to $90.
• AXT reported quarterly EPS of $0.19, beating the $0.07 consensus estimate, while revenue of $47.59 million exceeded expectations of $34.08 million. The company guided for third-quarter 2026 EPS of $0.30–$0.32.
• Insiders sold 258,136 shares worth approximately $28.4 million over the past three months, while institutional investors own 49.52% of AXT. The stock opened at $70.74 and has traded between $2.50 and $143.16 over the past year.

Shares of AXT Inc (NASDAQ:AXTI - Get Free Report) have received an average rating of "Moderate Buy" from the six ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $77.00.

Several research firms have commented on AXTI. B. Riley Financial lowered their target price on shares of AXT from $73.00 to $52.00 and set a "neutral" rating for the company in a research note on Tuesday, July 28th. Zacks Research raised AXT from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 11th. Needham & Company LLC upgraded AXT from a "hold" rating to a "buy" rating and set a $90.00 target price on the stock in a research report on Friday, July 31st. UBS Group set a $90.00 price target on AXT in a research note on Friday, July 31st. Finally, Weiss Ratings raised shares of AXT from a "sell (d-)" rating to a "sell (d+)" rating in a research note on Friday, August 14th.

Insider Activity at AXT

In other AXT news, CEO Morris S. Young sold 123,601 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $113.33, for a total transaction of $14,007,701.33. Following the transaction, the chief executive officer owned 2,149,533 shares of the company's stock, valued at $243,606,574.89. This trade represents a 5.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jesse Chen sold 13,000 shares of the business's stock in a transaction on Friday, June 12th. The shares were sold at an average price of $95.77, for a total transaction of $1,245,010.00. Following the sale, the director directly owned 56,447 shares of the company's stock, valued at $5,405,929.19. This represents a 18.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 258,136 shares of company stock worth $28,395,372. 5.97% of the stock is currently owned by company insiders.

Institutional Trading of AXT

Institutional investors have recently modified their holdings of the company. American Capital Advisory LLC acquired a new stake in AXT during the 1st quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in AXT during the first quarter worth approximately $31,000. XTX Topco Ltd acquired a new stake in shares of AXT in the second quarter worth $42,000. Jefferies Financial Group Inc. purchased a new position in shares of AXT in the 3rd quarter valued at $52,000. Finally, Global Retirement Partners LLC acquired a new position in shares of AXT during the 2nd quarter valued at $55,000. Hedge funds and other institutional investors own 49.52% of the company's stock.

AXT Trading Down 3.3%

NASDAQ:AXTI opened at $70.74 on Friday. AXT has a 12-month low of $2.50 and a 12-month high of $143.16. The firm has a market cap of $4.64 billion, a price-to-earnings ratio of 3,537.00 and a beta of 1.90. The company's 50-day moving average is $67.22 and its two-hundred day moving average is $67.67.

AXT (NASDAQ:AXTI - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.12. The business had revenue of $47.59 million during the quarter, compared to the consensus estimate of $34.08 million. AXT had a net margin of 3.23% and a return on equity of 0.96%. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. On average, equities research analysts forecast that AXT will post 0.8 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.

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