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NASDAQ:AXTI

AXT - AXTI Stock Forecast, Price & News

$5.12
-0.06 (-1.16%)
(As of 12/6/2022 05:11 PM ET)
Add
Compare
Today's Range
$5.11
$5.25
50-Day Range
$4.30
$7.01
52-Week Range
$4.17
$9.94
Volume
165,881 shs
Average Volume
221,834 shs
Market Capitalization
$222.99 million
P/E Ratio
12.80
Dividend Yield
N/A
Price Target
$8.92

AXT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
74.2% Upside
$8.92 Price Target
Short Interest
Healthy
1.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of AXT in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

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

2.48 out of 5 stars

Computer And Technology Sector

183rd out of 627 stocks

Semiconductors & Related Devices Industry

30th out of 92 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. AXT, Inc. 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.

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AXTI Stock News Headlines

AXT (NASDAQ:AXTI) Stock Rating Upgraded by StockNews.com
AXT, Inc. (AXTI) Q3 2022 Earnings Call Transcript
Recap: AXT Q3 Earnings
AXT (AXTI) Beats Q3 Earnings Estimates
AXT, Inc. Announces Third Quarter 2022 Financial Results
11 Best Micro-Cap Stocks To Invest In - Yahoo Finance
See More Headlines
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AXTI Company Calendar

Last Earnings
10/26/2021
Today
12/06/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/15/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:AXTI
CUSIP
00246W10
Employees
1,008
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$8.92
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$5.50
Forecasted Upside/Downside
+74.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$14.57 million
Pretax Margin
14.90%

Debt

Sales & Book Value

Annual Sales
$137.39 million
Cash Flow
$0.49 per share
Book Value
$5.29 per share

Miscellaneous

Free Float
40,056,000
Market Cap
$222.99 million
Optionable
Optionable
Beta
1.91

Social Links


Key Executives

  • Dr. Morris S. Young Ph.D. (Age 77)
    Co-Founder, CEO & Chairman
    Comp: $947.35k
  • Mr. Gary L. FischerMr. Gary L. Fischer (Age 70)
    CFO, VP & Corp. Sec.
    Comp: $541.2k
  • Dr. Wei Gao
    Chief Technical Officer













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 1 hold rating and 4 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 equities research analysts have issued 1 year price objectives for AXT's stock. Their AXTI share price forecasts range from $5.50 to $13.00. On average, they expect the company's share price to reach $8.92 in the next year. This suggests a possible upside of 72.8% 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 2022?

AXT's stock was trading at $8.81 at the beginning of the year. Since then, AXTI stock has decreased by 41.4% and is now trading at $5.16.
View the best growth stocks for 2022 here
.

Are investors shorting AXT?

AXT saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 682,200 shares, a decrease of 24.7% from the October 31st total of 905,900 shares. Based on an average daily volume of 295,000 shares, the short-interest ratio is presently 2.3 days. Approximately 1.7% of the shares of the stock are short sold.
View AXT's Short Interest
.

When is AXT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our AXTI earnings forecast
.

How were AXT's earnings last quarter?

AXT, Inc. (NASDAQ:AXTI) issued its quarterly earnings data on Tuesday, October, 26th. The semiconductor company reported $0.09 EPS for the quarter, missing the consensus estimate 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 net margin of 11.47% and a trailing twelve-month return on equity of 7.49%. During the same quarter in the previous year, the firm posted $0.02 earnings per share.

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

AXT updated its fourth quarter 2022 earnings guidance on Friday, November, 4th. The company provided EPS guidance of $0.03-$0.05 for the period, compared to the consensus earnings per share estimate of $0.08. The company issued revenue guidance of $26.00 million-$29.00 million, compared to the consensus revenue estimate of $35.33 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 number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.10%), BlackRock Inc. (6.05%), Vanguard Group Inc. (4.44%), Pacific Ridge Capital Partners LLC (2.22%), State Street Corp (1.71%) and Royal Bank of Canada (1.49%). 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 $5.16.

How much money does AXT make?

AXT (NASDAQ:AXTI) has a market capitalization of $224.72 million and generates $137.39 million in revenue each year. The semiconductor company earns $14.57 million in net income (profit) each year or $0.40 on an earnings per share basis.

How many employees does AXT have?

The company employs 1,008 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 12/6/2022 by MarketBeat.com Staff