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T   16.39 (-0.18%)
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NASDAQ:AXTI

AXT (AXTI) Stock Price, News & Analysis

$3.56
-0.16 (-4.30%)
(As of 10:10 AM ET)
Today's Range
$3.55
$3.69
50-Day Range
$2.20
$5.40
52-Week Range
$1.89
$5.64
Volume
69,873 shs
Average Volume
2.21 million shs
Market Capitalization
$157.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.30

AXT MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
42.5% Upside
$5.30 Price Target
Short Interest
Healthy
4.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of AXT in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.10) to $0.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.42 out of 5 stars

Computer And Technology Sector

1078th out of 1,800 stocks

Semiconductors & Related Devices Industry

166th out of 270 stocks

AXTI stock logo

About AXT Stock (NASDAQ:AXTI)

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. It also provides semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers, as well as laser machining, cutting, and drilling. In addition, the company offers germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it provides 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.

AXTI Stock Price History

AXTI Stock News Headlines

Top Stock Picks for Week of April 8, 2024
Buy Alert: Get these AI trades on repeat
With this AI Trade Finder, one of my newer students took his trading account from $1,500 to over $9,400 in just over a month
AXT's (AXTI) Buy Rating Reaffirmed at Needham & Company LLC
AXT (NASDAQ:AXTI) Stock Rating Reaffirmed by Wedbush
Buy Alert: Get these AI trades on repeat
With this AI Trade Finder, one of my newer students took his trading account from $1,500 to over $9,400 in just over a month
AXT Shares Rise 22% on Higher 1Q Revenue Outlook
AXT (NASDAQ:AXTI) Price Target Raised to $5.50 at B. Riley
AXT: Selloff Provides Buying Opportunity
Craig-Hallum Upgrades AXT (AXTI)
B. Riley Securities Upgrades AXT (AXTI)
AXT, Inc.
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/12/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:AXTI
CUSIP
00246W10
Employees
1,456
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$5.30
High Stock Price Target
$6.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+42.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-17,880,000.00
Pretax Margin
-25.11%

Debt

Sales & Book Value

Annual Sales
$75.80 million
Book Value
$5.13 per share

Miscellaneous

Free Float
40,544,000
Market Cap
$164.60 million
Optionable
Optionable
Beta
2.24

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AXTI Stock Analysis - Frequently Asked Questions

Should I buy or sell AXT stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AXT in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AXTI shares.
View AXTI analyst ratings
or view top-rated stocks.

What is AXT's stock price target for 2024?

4 analysts have issued 1 year price objectives for AXT's stock. Their AXTI share price targets range from $5.00 to $6.00. On average, they anticipate the company's share price to reach $5.30 in the next year. This suggests a possible upside of 42.5% from the stock's current price.
View analysts price targets for AXTI
or view top-rated stocks among Wall Street analysts.

How have AXTI shares performed in 2024?

AXT's stock was trading at $2.40 on January 1st, 2024. Since then, AXTI shares have increased by 55.0% and is now trading at $3.72.
View the best growth stocks for 2024 here
.

Are investors shorting AXT?

AXT saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,930,000 shares, an increase of 9.0% from the March 15th total of 1,770,000 shares. Based on an average daily volume of 2,380,000 shares, the days-to-cover ratio is currently 0.8 days. Approximately 4.8% of the shares of the stock are sold short.
View AXT's Short Interest
.

When is AXT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our AXTI earnings forecast
.

How can I listen to AXT's earnings call?

AXT will be holding an earnings conference call on Thursday, May 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "4378083".

How were AXT's earnings last quarter?

AXT, Inc. (NASDAQ:AXTI) issued its quarterly earnings results on Thursday, February, 22nd. The semiconductor company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.05. The semiconductor company had revenue of $20.43 million for the quarter, compared to analyst estimates of $17.62 million. AXT had a negative trailing twelve-month return on equity of 7.80% and a negative net margin of 23.59%.

What guidance has AXT issued on next quarter's earnings?

AXT updated its first quarter 2024 earnings guidance on Friday, February, 23rd. The company provided earnings per share (EPS) guidance of -0.080--0.060 for the period, compared to the consensus earnings per share estimate of -0.120. The company issued revenue guidance of $20.0 million-$22.0 million, compared to the consensus revenue estimate of $18.0 million.

What other stocks do shareholders of AXT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AXT investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Editas Medicine (EDIT), Cisco Systems (CSCO), General Electric (GE), Block (SQ), OPKO Health (OPK) and Bank of America (BAC).

How do I buy shares of AXT?

Shares of AXTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AXTI) was last updated on 4/12/2024 by MarketBeat.com Staff

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