AXT Inc (NASDAQ:AXTI) Receives Average Recommendation of “Hold” from Analysts

AXT Inc (NASDAQ:AXTI) has received an average rating of “Hold” from the five analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $43.80.

A number of equities research analysts have recently weighed in on AXTI shares. Wedbush boosted their price target on AXT from $8.50 to $28.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Northland Securities set a $125.00 price target on AXT in a report on Wednesday. Wall Street Zen upgraded AXT from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings upgraded AXT from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. Finally, UBS Group set a $35.00 price target on AXT in a research report on Tuesday, February 17th.

AXT Stock Performance

NASDAQ:AXTI opened at $89.04 on Monday. AXT has a one year low of $1.72 and a one year high of $143.16. The business’s 50-day simple moving average is $89.22 and its 200 day simple moving average is $47.38. The stock has a market cap of $5.82 billion, a price-to-earnings ratio of -287.22 and a beta of 1.80.

AXT (NASDAQ:AXTI) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.03. AXT had a negative return on equity of 5.71% and a negative net margin of 14.69%.The business had revenue of $26.92 million for the quarter, compared to analysts’ expectations of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. On average, equities research analysts predict that AXT will post 0.2 EPS for the current year.

More AXT News

Here are the key news stories impacting AXT this week:

• Negative Sentiment: CEO Morris Young and Director Jesse Chen disclosed multiple stock sales over the past few days, including large transactions that trimmed their ownership stakes. Heavy insider selling can weigh on sentiment because it may signal that management views the shares as fully valued or prefers to reduce exposure at current levels. SEC filing for Jesse Chen sale
• Negative Sentiment: Traders bought 42,750 put options, about 58% above normal daily volume, suggesting a notable increase in bearish bets or hedging activity on AXT shares.
• Neutral Sentiment: Recent commentary highlighted AXT’s order backlog topping $100 million and management’s plan to double capacity in 2026 and again in 2027, reflecting strong AI-related demand for indium phosphide substrates. Article: AXT’s Order Backlog Surge & Capacity Push Fuel Growth Expectations
• Neutral Sentiment: The company’s latest earnings beat expectations modestly and Q2 guidance called for adjusted EPS of $0.06 to $0.08, but the business remains unprofitable on a net basis, which keeps the stock sensitive to execution and margin concerns.

Insider Transactions at AXT

In other news, CEO Morris S. Young sold 123,601 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $113.33, for a total transaction of $14,007,701.33. Following the sale, the chief executive officer directly owned 2,149,533 shares in the company, valued at approximately $243,606,574.89. This represents a 5.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David C. Chang sold 20,000 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $46.00, for a total value of $920,000.00. Following the completion of the transaction, the director directly owned 72,744 shares of the company’s stock, valued at $3,346,224. This trade represents a 21.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 339,454 shares of company stock worth $29,739,596. 5.97% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AXT

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. boosted its stake in shares of AXT by 161.9% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,505,354 shares of the semiconductor company’s stock worth $85,775,000 after acquiring an additional 930,526 shares in the last quarter. CloudAlpha Capital Management Limited Hong Kong bought a new stake in shares of AXT during the 4th quarter worth $22,738,000. Alyeska Investment Group L.P. bought a new stake in shares of AXT during the 4th quarter worth $20,187,000. Jane Street Group LLC boosted its stake in shares of AXT by 1,314.6% during the 4th quarter. Jane Street Group LLC now owns 904,599 shares of the semiconductor company’s stock worth $14,790,000 after acquiring an additional 840,650 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of AXT by 112.0% during the 1st quarter. Bank of America Corp DE now owns 776,300 shares of the semiconductor company’s stock worth $44,234,000 after acquiring an additional 410,181 shares in the last quarter. 49.52% of the stock is owned by institutional investors.

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.