NASDAQ:AXTI AXT (AXTI) Stock Forecast, Price & News $3.83 +0.26 (+7.28%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$3.58▼$3.9150-Day Range$2.60▼$3.9852-Week Range$2.47▼$9.94Volume494,191 shsAverage Volume239,018 shsMarket Capitalization$166.95 millionP/E Ratio18.24Dividend YieldN/APrice Target$6.49 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media AXT MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside69.5% Upside$6.49 Price TargetShort InterestBearish3.45% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.33) to $0.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.97 out of 5 starsComputer And Technology Sector381st out of 596 stocksSemiconductors & Related Devices Industry56th out of 88 stocks 3.3 Analyst's Opinion Consensus RatingAXT has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.49, AXT has a forecasted upside of 69.5% from its current price of $3.83.Amount of Analyst CoverageAXT has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.45% of the float of AXT has been sold short.Short Interest Ratio / Days to CoverAXT has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in AXT has recently increased by 18.64%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAXT does not currently pay a dividend.Dividend GrowthAXT does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AXTI. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for AXT this week, compared to 3 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AXT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.37% of the stock of AXT is held by insiders.Percentage Held by Institutions55.52% of the stock of AXT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AXT are expected to grow in the coming year, from ($0.33) to $0.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AXT is 18.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.64.Price to Earnings Ratio vs. SectorThe P/E ratio of AXT is 18.24, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 306.04.Price to Book Value per Share RatioAXT has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AXT (NASDAQ:AXTI) StockAXT, Inc. engages in the design, development, manufacture and distribution of compound and single element semiconductor substrates. It also sells specialty material substrates and raw materials used to make substrates and other related products. The company was founded by Morris S. Young and Davis Zhang in 1986 and is headquartered in Fremont, CA.Read More Receive AXTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AXT and its competitors with MarketBeat's FREE daily newsletter. Email Address AXTI Stock News HeadlinesJune 4, 2023 | americanbankingnews.comFinancial Analysis: indie Semiconductor (NASDAQ:INDI) and AXT (NASDAQ:AXTI)May 25, 2023 | finance.yahoo.comAXT, Inc. to Participate in the 20th Annual Craig-Hallum Institutional Investor ConferenceJune 7, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 22, 2023 | americanbankingnews.comAXT, Inc. (NASDAQ:AXTI) Receives Consensus Recommendation of "Hold" from AnalystsMay 18, 2023 | americanbankingnews.comAXT (NASDAQ:AXTI) Now Covered by StockNews.comMay 3, 2023 | finance.yahoo.comSome Analysts Just Cut Their AXT, Inc. (NASDAQ:AXTI) EstimatesMay 3, 2023 | americanbankingnews.comAXT (NASDAQ:AXTI) Stock Rating Lowered by StockNews.comMay 2, 2023 | americanbankingnews.comQ4 2023 Earnings Forecast for AXT, Inc. Issued By Wedbush (NASDAQ:AXTI)June 7, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 2, 2023 | americanbankingnews.comCraig Hallum Cuts AXT (NASDAQ:AXTI) Price Target to $3.75May 1, 2023 | americanbankingnews.comAXT (NASDAQ:AXTI) PT Lowered to $5.00 at Northland SecuritiesMay 1, 2023 | americanbankingnews.comCraig Hallum Trims AXT (NASDAQ:AXTI) Target Price to $3.75April 29, 2023 | americanbankingnews.comAXT (NASDAQ:AXTI) Price Target Lowered to $3.70 at B. RileyApril 27, 2023 | finance.yahoo.comAXT (AXTI) Reports Q1 Loss, Lags Revenue EstimatesApril 27, 2023 | finance.yahoo.comAXT, Inc. Announces First Quarter 2023 Financial ResultsApril 26, 2023 | msn.comWedbush Reiterates AXT (AXTI) Outperform RecommendationApril 25, 2023 | americanbankingnews.comAXT (AXTI) to Release Quarterly Earnings on ThursdayApril 25, 2023 | americanbankingnews.comAXT, Inc. (NASDAQ:AXTI) Receives $8.10 Average Price Target from AnalystsApril 17, 2023 | americanbankingnews.comAXT, Inc. (NASDAQ:AXTI) Short Interest Up 32.5% in MarchApril 10, 2023 | finance.yahoo.comAXT, Inc. Schedules First Quarter Earnings Release for April 27, 2023April 3, 2023 | finance.yahoo.comAXT, Inc. (NASDAQ:AXTI) is a favorite amongst institutional investors who own 59%April 2, 2023 | americanbankingnews.comAXT, Inc. (NASDAQ:AXTI) Receives Consensus Rating of "Hold" from BrokeragesApril 1, 2023 | americanbankingnews.comAXT, Inc. (NASDAQ:AXTI) Short Interest Up 24.3% in MarchMarch 13, 2023 | finance.yahoo.comAXT (NASDAQ:AXTI) May Have Issues Allocating Its CapitalMarch 10, 2023 | finance.yahoo.comImplied Volatility Surging for AXT (AXTI) Stock OptionsFebruary 21, 2023 | finance.yahoo.comThese Analysts Just Made An Downgrade To Their AXT, Inc. (NASDAQ:AXTI) EPS ForecastsFebruary 20, 2023 | finance.yahoo.comAXT, Inc. (NASDAQ:AXTI) Q4 2022 Earnings Call TranscriptSee More Headlines AXTI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AXTI Company Calendar Last Earnings10/26/2021Today6/07/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:AXTI CUSIP00246W10 CIK1051627 Webwww.axt.com Phone(510) 438-4700Fax510-353-0668Employees1,076Year Founded1986Price Target and Rating Average Stock Price Forecast$6.49 High Stock Price Forecast$12.00 Low Stock Price Forecast$3.70 Forecasted Upside/Downside+73.5%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.21 Trailing P/E Ratio17.81 Forward P/E RatioN/A P/E GrowthN/ANet Income$15.81 million Net Margins7.69% Pretax Margin10.57% Return on Equity3.90% Return on Assets2.55% Debt Debt-to-Equity RatioN/A Current Ratio2.43 Quick Ratio1.17 Sales & Book Value Annual Sales$141.12 million Price / Sales1.16 Cash Flow$0.62 per share Price / Cash Flow6.01 Book Value$5.54 per share Price / Book0.68Miscellaneous Outstanding Shares43,590,000Free Float39,939,000Market Cap$163.03 million OptionableOptionable Beta2.05 Social Links Key ExecutivesMorris S. YoungChairman & Chief Executive OfficerGary Lynn FischerChief Financial Officer, Secretary & VPWei GaoChief Technical OfficerSung Nee George ChuVice President-Technology & Chief ScientistTimothy J. BettlesVice President-Strategic Sales & MarketingKey CompetitorsGSI TechnologyNASDAQ:GSITPOET TechnologiesNASDAQ:POETMeta MaterialsNASDAQ:MMATSequans CommunicationsNYSE:SQNSPixelworksNASDAQ:PXLWView All CompetitorsInsiders & InstitutionsFirst Wilshire Securities Management Inc.Bought 572,221 shares on 5/16/2023Ownership: 2.389%Geode Capital Management LLCBought 42,019 shares on 5/16/2023Ownership: 1.831%First Trust Advisors LPBought 8,222 shares on 5/16/2023Ownership: 0.247%Two Sigma Advisers LPSold 11,500 shares on 5/15/2023Ownership: 0.363%Deutsche Bank AGBought 8,493 shares on 5/15/2023Ownership: 0.057%View All Insider TransactionsView All Institutional Transactions AXTI Stock - Frequently Asked Questions Should I buy or sell AXT stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AXT in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AXTI shares. View AXTI analyst ratings or view top-rated stocks. What is AXT's stock price forecast for 2023? 5 Wall Street analysts have issued twelve-month price targets for AXT's shares. Their AXTI share price forecasts range from $3.70 to $12.00. On average, they anticipate the company's share price to reach $6.49 in the next twelve months. This suggests a possible upside of 73.5% 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 2023? AXT's stock was trading at $4.38 at the start of the year. Since then, AXTI shares have decreased by 14.6% and is now trading at $3.74. View the best growth stocks for 2023 here. Are investors shorting AXT? AXT saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,400,000 shares, an increase of 18.6% from the April 30th total of 1,180,000 shares. Based on an average daily trading volume, of 263,000 shares, the short-interest ratio is presently 5.3 days. Approximately 3.5% of the company's 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, July 27th 2023. View our AXTI earnings forecast. How were AXT's earnings last quarter? AXT, Inc. (NASDAQ:AXTI) released its quarterly earnings data on Tuesday, October, 26th. The semiconductor company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.02. The semiconductor company earned $34.58 million during the quarter, compared to analysts' expectations of $35.10 million. AXT had a net margin of 7.69% and a trailing twelve-month return on equity of 3.90%. During the same period in the previous year, the firm posted $0.02 EPS. What ETFs hold AXT's stock? ETFs with the largest weight of AXT (NASDAQ:AXTI) stock in their portfolio include Invesco Nasdaq Future Gen 200 ETF (QQQS) and First Trust Dow Jones Select Microcap Index Fund (FDM) and What guidance has AXT issued on next quarter's earnings? AXT updated its second quarter 2023 earnings guidance on Friday, April, 28th. The company provided earnings per share guidance of -$0.12--$0.10 for the period, compared to the consensus earnings per share estimate of -$0.10. The company issued revenue guidance of $19.00 million-$21.00 million, compared to the consensus revenue estimate of $21.77 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). What is AXT's stock symbol? AXT trades on the NASDAQ under the ticker symbol "AXTI." Who are AXT's major shareholders? AXT's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.84%), BlackRock Inc. (6.19%), Granahan Investment Management LLC (3.58%), Royce & Associates LP (2.85%), First Wilshire Securities Management Inc. (2.39%) and Geode Capital Management LLC (1.83%). Insiders that own company stock include Gary L Fischer, Jesse Chen, Leonard J Leblanc, Morris S Young, Morris S Young and Russell Christine. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is AXT's stock price today? One share of AXTI stock can currently be purchased for approximately $3.74. How much money does AXT make? AXT (NASDAQ:AXTI) has a market capitalization of $163.03 million and generates $141.12 million in revenue each year. The semiconductor company earns $15.81 million in net income (profit) each year or $0.21 on an earnings per share basis. How many employees does AXT have? The company employs 1,076 workers across the globe. How can I contact AXT? AXT's mailing address is 4281 Technology Drive, FREMONT CA, 94538. The official website for the company is www.axt.com. The semiconductor company can be reached via phone at (510) 438-4700, via email at mwang@axt.com, or via fax at 510-353-0668. This page (NASDAQ:AXTI) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AXT, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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