AXT (AXTI) Set to Announce Quarterly Earnings on Thursday

Key Points

• AXT is scheduled to report Q3 2026 earnings after market close on October 29. Analysts expect earnings of $0.306 per share and revenue of $66 million, compared with company guidance of $0.300–$0.320 EPS.
• In its latest quarter, AXT reported $0.19 EPS and $47.59 million in revenue, surpassing analyst estimates of $0.07 EPS and $34.08 million in revenue.
• Wall Street’s consensus rating is Hold, with a $77 price target; ratings currently include three Buys, two Holds, and one Sell.

AXT (NASDAQ:AXTI - Get Free Report) is expected to post its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect AXT to announce earnings of $0.3060 per share and revenue of $66.00 million for the quarter. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. Individuals may review the information on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.

AXT (NASDAQ:AXTI - Get Free Report) last posted its earnings results on Thursday, July 30th. The semiconductor company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.12. AXT had a net margin of 3.23% and a return on equity of 0.96%. The firm had revenue of $47.59 million during the quarter, compared to the consensus estimate of $34.08 million. On average, analysts expect AXT to post $0.80 EPS for the current fiscal year and $2.15 EPS for the next fiscal year.

AXT Stock Up 3.8%

AXTI opened at $59.28 on Thursday. The business has a fifty day simple moving average of $69.20 and a 200-day simple moving average of $76.33. AXT has a 52 week low of $4.81 and a 52 week high of $143.16. The firm has a market cap of $3.89 billion, a P/E ratio of 2,964.00 and a beta of 1.86.

Insider Buying and Selling

In other news, Director Leonard Leblanc sold 4,000 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $96.07, for a total value of $384,280.00. Following the completion of the sale, the director directly owned 113,129 shares of the company's stock, valued at $10,868,303.03. This trade represents a 3.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.97% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Needham & Company LLC raised shares of AXT from a "hold" rating to a "buy" rating and set a $90.00 price objective for the company in a research note on Friday, July 31st. UBS Group set a $90.00 price objective on AXT in a research report on Friday, July 31st. Zacks Research downgraded shares of AXT from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 29th. B. Riley Financial cut their price target on AXT from $73.00 to $52.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 28th. Finally, Weiss Ratings upgraded AXT from a "sell (d-)" rating to a "sell (d+)" rating in a research note on Friday, August 14th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, AXT presently has a consensus rating of "Hold" and a consensus price target of $77.00.

AXT Company Profile

AXT, Inc develops and manufactures compound semiconductor substrates used as the foundation for various high-performance electronic and optoelectronic devices. Its principal products include gallium arsenide (GaAs), indium phosphide (InP), and germanium substrates, along with other specialty materials such as gallium antimonide and indium arsenide.

The company's substrates are used in applications including wireless communications, fiber-optic and data-center networks, lasers, light-emitting diodes, solar cells, consumer electronics, and aerospace and defense systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.