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NASDAQ:AXTI

AXT (AXTI) Stock Price, News & Analysis

$3.75
+0.20 (+5.63%)
(As of 07/12/2024 ET)
Today's Range
$3.54
$3.78
50-Day Range
$3.23
$3.93
52-Week Range
$1.89
$5.64
Volume
250,505 shs
Average Volume
201,301 shs
Market Capitalization
$166.50 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.38

AXT MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.3% Upside
$5.38 Price Target
Short Interest
Healthy
2.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.87mentions of AXT in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.20) to $0.16 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.

2.89 out of 5 stars

Computer And Technology Sector

344th out of 588 stocks

Semiconductors & Related Devices Industry

52nd out of 90 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

AXT (NASDAQ:AXTI) Upgraded to "Hold" at StockNews.com
Billionaire opens new pathway to wealth for investors
I’ve been a financial analyst for almost three decades, but I don’t think I’ve ever seen anything quite like this before.
Billionaire opens new pathway to wealth for investors
I’ve been a financial analyst for almost three decades, but I don’t think I’ve ever seen anything quite like this before.
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/13/2024
Next Earnings (Confirmed)
8/01/2024
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
1,400
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$5.38
High Stock Price Target
$6.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+43.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-17,880,000.00
Pretax Margin
-21.86%

Debt

Sales & Book Value

Annual Sales
$75.79 million
Book Value
$5.13 per share

Miscellaneous

Free Float
40,674,000
Market Cap
$166.50 million
Optionable
Optionable
Beta
2.29

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AXTI Stock Analysis - Frequently Asked Questions

How have AXTI shares performed this year?

AXT's stock was trading at $2.40 at the beginning of the year. Since then, AXTI stock has increased by 56.3% and is now trading at $3.75.
View the best growth stocks for 2024 here
.

How were AXT's earnings last quarter?

AXT, Inc. (NASDAQ:AXTI) posted its quarterly earnings data on Thursday, May, 2nd. The semiconductor company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.03. The semiconductor company earned $22.69 million during the quarter, compared to analyst estimates of $21 million. AXT had a negative net margin of 21.01% and a negative trailing twelve-month return on equity of 7.40%.

Who are AXT's major shareholders?

AXT's top institutional shareholders include Keystone Wealth Services LLC (0.46%). Insiders that own company stock include Gary L Fischer, Jesse Chen and Morris S Young.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AXT own?

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

This page (NASDAQ:AXTI) was last updated on 7/13/2024 by MarketBeat.com Staff

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