AXT Inc (NASDAQ:AXTI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

AXT Inc (NASDAQ:AXTI) has received a consensus rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $77.00.

Several research analysts have recently weighed in on AXTI shares. B. Riley Financial decreased their target price on shares of AXT from $73.00 to $52.00 and set a “neutral” rating for the company in a research note on Tuesday, July 28th. Zacks Research raised shares of AXT from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Weiss Ratings upgraded shares of AXT from a “sell (d-)” rating to a “sell (d+)” rating in a report on Friday, August 14th. UBS Group set a $90.00 price objective on shares of AXT in a research report on Friday, July 31st. Finally, Northland Securities set a $125.00 target price on AXT in a research note on Wednesday, June 3rd.

AXT Stock Performance

AXT stock opened at $70.74 on Friday. The stock’s 50 day moving average price is $67.22 and its 200 day moving average price is $67.67. The firm has a market capitalization of $4.64 billion, a PE ratio of 3,537.00 and a beta of 1.90. AXT has a one year low of $2.50 and a one year high of $143.16.

AXT (NASDAQ:AXTI) last released its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.12. AXT had a return on equity of 0.96% and a net margin of 3.23%.The firm had revenue of $47.59 million during the quarter, compared to analysts’ expectations of $34.08 million. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. On average, analysts forecast that AXT will post 0.8 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Leonard J. Leblanc sold 4,000 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $96.07, for a total value of $384,280.00. Following the completion of the transaction, the director owned 113,129 shares of the company’s stock, valued at approximately $10,868,303.03. This represents a 3.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Morris S. Young sold 123,601 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $113.33, for a total value of $14,007,701.33. Following the sale, the chief executive officer owned 2,149,533 shares of the company’s stock, valued at approximately $243,606,574.89. This trade represents a 5.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 258,136 shares of company stock worth $28,395,372. Company insiders own 5.97% of the company’s stock.

Institutional Trading of AXT

A number of hedge funds have recently made changes to their positions in AXTI. American Capital Advisory LLC bought a new stake in shares of AXT in the first quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new position in AXT during the 1st quarter valued at $31,000. Global Retirement Partners LLC acquired a new position in AXT during the 2nd quarter worth $55,000. Leonteq Securities AG acquired a new position in AXT during the 1st quarter worth $57,000. Finally, Tema ETFs LLC bought a new stake in shares of AXT in the 2nd quarter worth about $105,000. Institutional investors and hedge funds own 49.52% of the company’s stock.

AXT Company Profile

AXT, Inc (NASDAQ: AXTI) is a global supplier of compound and single-element semiconductor substrates, offering a range of materials critical for high-performance electronic and optoelectronic devices. Founded in 1986 and headquartered in Fremont, California, AXT specializes in the development, manufacture and distribution of wafers composed of gallium arsenide (GaAs), indium phosphide (InP), gallium nitride (GaN) and other compound semiconductor materials. These substrates serve as the foundational platforms for devices used in data communications, wireless infrastructure, advanced computing, consumer electronics and photovoltaic applications.

AXT’s product portfolio encompasses a variety of wafer sizes, dopant concentrations and crystal orientations, tailored to meet the precise specifications of its customers.