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S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NASDAQ:AXTI

AXT (AXTI) Stock Price, News & Analysis

$4.26
-0.01 (-0.23%)
(As of 03/4/2024 ET)
Today's Range
$3.90
$4.34
50-Day Range
$2.20
$5.37
52-Week Range
$1.89
$5.43
Volume
1.00 million shs
Average Volume
2.89 million shs
Market Capitalization
$185.91 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.71

AXT MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.6% Upside
$4.71 Price Target
Short Interest
Healthy
0.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.59mentions of AXT in the last 14 days
Based on 2 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.

2.08 out of 5 stars

Computer And Technology Sector

410th out of 601 stocks

Semiconductors & Related Devices Industry

60th out of 89 stocks


AXTI stock logo

About AXT Stock (NASDAQ:AXTI)

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 Stock Price History

AXTI Stock News Headlines

AXT (NASDAQ:AXTI) Downgraded by StockNews.com to "Sell"
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Brokerages Set AXT, Inc. (NASDAQ:AXTI) Price Target at $4.71
AXT (NASDAQ:AXTI) Rating Reiterated by Wedbush
Craig Hallum Upgrades AXT (NASDAQ:AXTI) to "Buy"
AXT (NASDAQ:AXTI) Rating Increased to Buy at B. Riley
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
AXT (NASDAQ:AXTI) Rating Reiterated by Needham & Company LLC
AXT (NASDAQ:AXTI) Upgraded to "Hold" at StockNews.com
AXT Sees Unusually High Options Volume (NASDAQ:AXTI)
Craig-Hallum Upgrades AXT (AXTI)
B. Riley Securities Upgrades AXT (AXTI)
AXT, Inc.
Why Material Science Company AXT Shares Are Shooting Up Premarket Today
AXT is about to announce earnings — here's what Wall Street expects
AXT Inc AXTI
See More Headlines
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Company Calendar

Last Earnings
10/26/2021
Today
3/05/2024
Next Earnings (Estimated)
4/25/2024
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
1,076
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$4.71
High Stock Price Target
$6.00
Low Stock Price Target
$3.75
Potential Upside/Downside
+10.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-17,880,000.00
Pretax Margin
-17.08%

Debt

Sales & Book Value

Annual Sales
$75.79 million
Cash Flow
$0.55 per share
Book Value
$5.54 per share

Miscellaneous

Free Float
39,991,000
Market Cap
$185.91 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 research analysts have issued "buy," "hold," and "sell" ratings for AXT in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued twelve-month target prices for AXT's shares. Their AXTI share price targets range from $3.75 to $6.00. On average, they expect the company's share price to reach $4.71 in the next year. This suggests a possible upside of 10.6% 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 77.5% and is now trading at $4.26.
View the best growth stocks for 2024 here
.

When is AXT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our AXTI earnings forecast
.

How were AXT's earnings last quarter?

AXT, Inc. (NASDAQ:AXTI) released its earnings results on Tuesday, October, 26th. The semiconductor company reported $0.09 earnings per share (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 analyst estimates of $35.10 million. AXT had a negative trailing twelve-month return on equity of 7.74% and a negative net margin of 23.59%. During the same quarter in the prior year, the business posted $0.02 earnings per share.

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 EPS guidance of -0.080--0.060 for the period, compared to the consensus EPS 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).

Who are AXT's major shareholders?

AXT's stock is owned by many different retail and institutional investors. Top institutional investors include First Wilshire Securities Management Inc. (7.58%), Vanguard Group Inc. (5.21%), Needham Investment Management LLC (4.87%), Dimensional Fund Advisors LP (4.62%), Pacific Ridge Capital Partners LLC (2.72%) and White Pine Capital LLC (1.40%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AXTI) was last updated on 3/5/2024 by MarketBeat.com Staff