What is AXT's stock symbol?
AXT trades on the NASDAQ under the ticker symbol "AXTI."
Where is AXT's stock going? Where will AXT's stock price be in 2017?
5 analysts have issued 1-year price targets for AXT's stock. Their predictions range from $7.00 to $8.50. On average, they expect AXT's share price to reach $7.88 in the next twelve months.
When will AXT announce their earnings?
AXT is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.
What are analysts saying about AXT stock?
Here are some recent quotes from research analysts about AXT stock:
According to Zacks Investment Research, "AXT, Inc., designs, develops, manufactures and distributes high-performance compound semiconductor substrates, as well as opto-electronic semiconductor devices such as high-brightness light emitting devices, and vertical cavity surface emitting lasers. " (2/24/2017)
- Needham & Company LLC analysts commented, "AXTI reported a 4Q16 beat while providing mostly inline 1Q17 guidance. Following a weak 3Q16 for InP due to inventory correction in the GPON/EPON market, business rebounded in 4Q16 with the market showing signs of recovering. AXTI remains well positioned to benefit from a strong optical cycle, as the industry adopts InP-based technology in fiber optic and data center investments, supporting continued growth in 2017 and beyond. Additionally, the emerging adoption of 3D sensing in mobile could become an upside driver that could start in 2H17. Given the several market trends benefiting top-line, coupled with sustained margin improvements and operating leverage, we see earnings growth ahead." (2/23/2017)
Northland Securities analysts commented, "Despite the stock recent push to $5.00, we believe shares remain undervalued and AXTI will continue to deliver results that are in-line or better for the foreseeable future," analyst Tom Sepenzis wrote in a note.Indium Phosphide ImportanceThe company provides Indium Phosphide (InP) and Gallium arsenide, key semiconductor material for telecom carriers and device manufacturers. Indium Phosphide (InP) is essential for optical systems to deliver the expected performance for data center, mobile backhaul, metro and long-haul applications. On the other hand, Gallium arsenide is used to make devices such as integrated circuits, infrared light-emitting diodes, laser diodes, solar cells and optical windows."We believe the continued push by carriers worldwide towards 100G and 400G optical infrastructure will help AXTI deliver additional growth moving forward, with 5G cellular delivering significant upside opportunity 2–3 years out," Sepenzis noted.Related Link: Infant Tech Company Research Frontiers Could Grow Up To Be Worth $6 A ShareIn addition to carrier upgrades, Indium Phosphide is in great demand from Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon.com, Inc. (NASDAQ: AMZN), Facebook Inc (NASDAQ: FB), Alibaba Group Holding Ltd (NYSE: BABA) and Baidu Inc (ADR) (NASDAQ: BIDU) for their data center upgrades.Gallium ArsenideIn addition, the June quarter also saw a rebound in its gallium arsenide business and the analyst expects additional growth in the September quarter."We have modeled a modest 3.0 percent Q/Q growth, but believe the persistent strength in the Chinese handset market and initial unexpected strength in Apple will help AXTI deliver results that are in-line to better in the current quarter," (9/29/2016)
Who owns AXT stock?
AXT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.99%), Perritt Capital Management Inc. (5.62%), Renaissance Technologies LLC (2.85%), Royce & Associates LP (2.17%), Russell Investments Group Ltd. (0.95%) and Ancora Advisors LLC (0.86%). Company insiders that own AXT stock include Davis Zhang, Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym.
Who sold AXT stock? Who is selling AXT stock?
AXT's stock was sold by a variety of institutional investors in the last quarter, including Perritt Capital Management Inc. and Oxford Asset Management. Company insiders that have sold AXT stock in the last year include Jesse Chen, Leonard J Leblanc, Morris S Young and Robert G Ochrym.
Who bought AXT stock? Who is buying AXT stock?
AXT's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Royce & Associates LP, Dimensional Fund Advisors LP, Allianz Asset Management AG, Friess Associates LLC, GSA Capital Partners LLP, FNY Partners Fund LP and A.R.T. Advisors LLC.
How do I buy AXT stock?
Shares of AXT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of AXT stock cost?
One share of AXT stock can currently be purchased for approximately $7.95.