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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
NASDAQ:AXTI

AXT (AXTI) Stock Forecast, Price & News

$2.32
0.00 (0.00%)
(As of 09/20/2023 ET)
Compare
Today's Range
$2.30
$2.35
50-Day Range
$2.25
$3.11
52-Week Range
$2.20
$7.71
Volume
183,828 shs
Average Volume
185,346 shs
Market Capitalization
$101.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.58

AXT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
183.4% Upside
$6.58 Price Target
Short Interest
Healthy
0.82% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.54mentions of AXT in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.46) to ($0.09) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Computer And Technology Sector

308th out of 586 stocks

Semiconductors & Related Devices Industry

52nd out of 85 stocks


AXTI stock logo

About AXT (NASDAQ:AXTI) Stock

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. It produces semiconductor substrates using its proprietary vertical gradient freeze technology. The company offers indium phosphide for use in data center connectivity using light/lasers, 5G communications, fiber optic lasers and detectors, passive optical networks, silicon photonics, photonic integrated circuits, terrestrial solar cells, 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 LED, screen displays, 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 Price History

AXTI Stock News Headlines

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Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
AXT Inc.
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
AXT (AXTI) Reports Q2 Loss, Misses Revenue Estimates
AXT: Q2 Earnings Snapshot
A Preview Of AXT's Earnings
Craig-Hallum Keeps Their Buy Rating on AXT (AXTI)
AXT (NASDAQ: AXTI)
What 5 Analyst Ratings Have To Say About AXT
See More Headlines
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AXTI Company Calendar

Last Earnings
8/03/2023
Today
9/21/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:AXTI
CUSIP
00246W10
Employees
1,076
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$6.58
High Stock Price Forecast
$12.00
Low Stock Price Forecast
$3.70
Forecasted Upside/Downside
+183.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$15.81 million
Pretax Margin
-0.29%

Debt

Sales & Book Value

Annual Sales
$141.12 million
Cash Flow
$0.55 per share
Book Value
$5.54 per share

Miscellaneous

Free Float
40,003,000
Market Cap
$101.29 million
Optionable
Optionable
Beta
2.01

Social Links

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Key Executives

  • Dr. Morris S. Young Ph.D. (Age 78)
    Co-Founder, CEO & Chairman
    Comp: $901.81k
  • Mr. Gary L. FischerMr. Gary L. Fischer (Age 71)
    CFO, VP & Corp. Sec.
    Comp: $549.86k
  • Dr. Wei Gao
    Chief Technical Officer













AXTI Stock - Frequently Asked Questions

Should I buy or sell AXT stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AXT in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AXTI shares.
View AXTI analyst ratings
or view top-rated stocks.

What is AXT's stock price forecast for 2023?

6 Wall Street analysts have issued 12-month target prices for AXT's shares. Their AXTI share price forecasts range from $3.70 to $12.00. On average, they predict the company's stock price to reach $6.58 in the next year. This suggests a possible upside of 183.4% 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 stock has decreased by 47.0% and is now trading at $2.32.
View the best growth stocks for 2023 here
.

Are investors shorting AXT?

AXT saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 333,800 shares, a drop of 23.0% from the August 15th total of 433,300 shares. Based on an average daily volume of 437,300 shares, the short-interest ratio is currently 0.8 days. Currently, 0.8% of the company's shares 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, October 26th 2023.
View our AXTI earnings forecast
.

How were AXT's earnings last quarter?

AXT, Inc. (NASDAQ:AXTI) released its quarterly earnings data on Thursday, August, 3rd. The semiconductor company reported ($0.12) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.12). The semiconductor company had revenue of $18.60 million for the quarter, compared to analyst estimates of $20.26 million. AXT had a negative trailing twelve-month return on equity of 0.56% and a negative net margin of 1.34%.

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

AXT issued an update on its third quarter 2023 earnings guidance on Friday, August, 4th. The company provided EPS guidance of -$0.13--$0.11 for the period, compared to the consensus estimate of -$0.07. The company issued revenue guidance of $16.50 million-$19.50 million, compared to the consensus revenue estimate of $22.25 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 many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.05%), Granahan Investment Management LLC (2.95%), Royce & Associates LP (2.52%), BlackRock Inc. (1.67%), Kennedy Capital Management LLC (1.48%) and Portolan Capital Management LLC (1.17%). 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 $2.32.

How much money does AXT make?

AXT (NASDAQ:AXTI) has a market capitalization of $101.29 million and generates $141.12 million in revenue each year. The semiconductor company earns $15.81 million in net income (profit) each year or ($0.04) 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 9/21/2023 by MarketBeat.com Staff

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