Brokers Issue Forecasts for AXT's Q2 Earnings (NASDAQ:AXTI)

AXT Inc (NASDAQ:AXTI - Free Report) - Equities research analysts at B. Riley lifted their Q2 2025 EPS estimates for shares of AXT in a report issued on Wednesday, July 9th. B. Riley analyst D. Kang now expects that the semiconductor company will post earnings per share of ($0.15) for the quarter, up from their prior forecast of ($0.16). B. Riley currently has a "Buy" rating and a $4.30 target price on the stock. The consensus estimate for AXT's current full-year earnings is ($0.12) per share. B. Riley also issued estimates for AXT's Q3 2025 earnings at ($0.13) EPS, FY2025 earnings at ($0.58) EPS, Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.05) EPS and FY2026 earnings at ($0.28) EPS.

AXTI has been the subject of several other reports. Wedbush reaffirmed an "outperform" rating and issued a $4.50 target price on shares of AXT in a research note on Tuesday, April 29th. Wall Street Zen raised shares of AXT to a "sell" rating in a research note on Friday, April 25th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, AXT has an average rating of "Moderate Buy" and an average target price of $4.70.

AXT Stock Up 4.6%

Shares of AXTI traded up $0.11 during mid-day trading on Monday, reaching $2.50. 757,521 shares of the company's stock were exchanged, compared to its average volume of 445,490. The company has a 50-day simple moving average of $1.88 and a two-hundred day simple moving average of $1.78. AXT has a 52-week low of $1.13 and a 52-week high of $3.77. The company has a market cap of $114 million, a price-to-earnings ratio of -5.81 and a beta of 2.07.

AXT (NASDAQ:AXTI - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The semiconductor company reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.07). AXT had a negative return on equity of 8.54% and a negative net margin of 19.10%.

Hedge Funds Weigh In On AXT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AXTI. Pacific Ridge Capital Partners LLC raised its stake in shares of AXT by 65.4% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 1,937,424 shares of the semiconductor company's stock valued at $4,204,000 after purchasing an additional 766,122 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of AXT in the 4th quarter valued at about $628,000. Jacobs Levy Equity Management Inc. raised its stake in shares of AXT by 75.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 530,269 shares of the semiconductor company's stock valued at $748,000 after purchasing an additional 227,333 shares in the last quarter. GSA Capital Partners LLP raised its stake in shares of AXT by 43.2% in the 1st quarter. GSA Capital Partners LLP now owns 533,264 shares of the semiconductor company's stock valued at $752,000 after purchasing an additional 160,858 shares in the last quarter. Finally, Kennedy Capital Management LLC raised its stake in shares of AXT by 13.1% in the 4th quarter. Kennedy Capital Management LLC now owns 915,460 shares of the semiconductor company's stock valued at $1,987,000 after purchasing an additional 106,121 shares in the last quarter. 49.52% of the stock is owned by hedge funds and other institutional investors.

AXT Company Profile

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.