Brokers Set Expectations for AXT's Q2 Earnings (NASDAQ:AXTI)

AXT Inc (NASDAQ:AXTI - Free Report) - Stock analysts at B. Riley raised their Q2 2025 earnings per share estimates for AXT in a report released on Wednesday, July 9th. B. Riley analyst D. Kang now forecasts that the semiconductor company will post earnings per share of ($0.15) for the quarter, up from their previous forecast of ($0.16). B. Riley has a "Buy" rating and a $4.30 price target 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.

A number of other equities analysts have also commented on the company. Wall Street Zen raised AXT to a "sell" rating in a research note on Friday, April 25th. Wedbush reaffirmed an "outperform" rating and issued a $4.50 price objective on shares of AXT in a research note on Tuesday, April 29th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to MarketBeat, AXT currently has a consensus rating of "Moderate Buy" and an average price target of $4.70.

AXT Stock Up 5.5%

Shares of AXTI stock traded up $0.12 during mid-day trading on Monday, reaching $2.32. 530,526 shares of the stock traded hands, compared to its average volume of 538,482. The stock's fifty day simple moving average is $1.79 and its two-hundred day simple moving average is $1.77. AXT has a 1-year low of $1.13 and a 1-year high of $4.03. The company has a market cap of $105.79 million, a price-to-earnings ratio of -5.40 and a beta of 2.07.

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

Hedge Funds Weigh In On AXT

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Point72 Asset Management L.P. acquired a new position in AXT in the fourth quarter valued at approximately $628,000. Pacific Ridge Capital Partners LLC lifted its stake in AXT by 65.4% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 1,937,424 shares of the semiconductor company's stock valued at $4,204,000 after buying an additional 766,122 shares during the period. Jane Street Group LLC acquired a new position in AXT in the fourth quarter valued at approximately $60,000. Man Group plc acquired a new position in AXT in the fourth quarter valued at approximately $67,000. Finally, Virtu Financial LLC acquired a new position in AXT in the fourth quarter valued at approximately $54,000. 49.52% of the stock is owned by institutional investors and hedge funds.

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.