Northland Capmk Has Negative Outlook for AXT Q2 Earnings

AXT, Inc. (NASDAQ:AXTI - Free Report) - Northland Capmk cut their Q2 2025 earnings per share estimates for AXT in a report issued on Monday, April 28th. Northland Capmk analyst T. Savageaux now forecasts that the semiconductor company will post earnings of ($0.14) per share for the quarter, down from their prior forecast of ($0.08). The consensus estimate for AXT's current full-year earnings is ($0.12) per share. Northland Capmk also issued estimates for AXT's Q3 2025 earnings at ($0.10) EPS, Q4 2025 earnings at ($0.04) EPS and FY2025 earnings at ($0.44) EPS.

AXT (NASDAQ:AXTI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The semiconductor company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.07). AXT had a negative return on equity of 5.27% and a negative net margin of 11.70%.

A number of other brokerages also recently commented on AXTI. B. Riley dropped their target price on AXT from $6.00 to $4.50 and set a "buy" rating for the company in a research note on Friday. Wedbush reiterated an "outperform" rating and set a $4.50 price objective on shares of AXT in a report on Tuesday, April 29th. Needham & Company LLC reaffirmed a "buy" rating and set a $5.00 price target on shares of AXT in a research report on Friday, February 21st. Finally, StockNews.com upgraded shares of AXT to a "sell" rating in a report 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. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $4.75.

AXT Price Performance

NASDAQ:AXTI traded down $0.05 on Wednesday, reaching $1.35. The stock had a trading volume of 69,701 shares, compared to its average volume of 411,098. AXT has a 12-month low of $1.13 and a 12-month high of $4.05. The company has a market cap of $61.33 million, a price-to-earnings ratio of -4.80 and a beta of 1.96. The firm's fifty day moving average is $1.46 and its two-hundred day moving average is $1.92.

Institutional Investors Weigh In On AXT

A number of hedge funds have recently made changes to their positions in the business. Pacific Ridge Capital Partners LLC raised its holdings 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 worth $4,204,000 after purchasing an additional 766,122 shares in the last quarter. Empowered Funds LLC lifted its position in AXT by 5.2% in the 4th quarter. Empowered Funds LLC now owns 145,664 shares of the semiconductor company's stock worth $316,000 after buying an additional 7,165 shares in the last quarter. Bleakley Financial Group LLC purchased a new stake in shares of AXT during the fourth quarter worth $29,000. Geode Capital Management LLC lifted its holdings in shares of AXT by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 464,022 shares of the semiconductor company's stock valued at $1,123,000 after buying an additional 7,577 shares during the last quarter. Finally, Barclays PLC acquired a new stake in AXT in the third quarter valued at approximately $85,000. 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.