AXT (NASDAQ:AXTI – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of -0.150–0.130 for the period, compared to the consensus estimate of -0.050. The company issued revenue guidance of $18.0 million-$20.0 million, compared to the consensus revenue estimate of $23.9 million.
Analysts Set New Price Targets
A number of research analysts have commented on AXTI shares. B. Riley reiterated a “buy” rating and issued a $6.00 price objective (up from $5.50) on shares of AXT in a research report on Friday. Northland Securities lowered their price objective on AXT from $6.00 to $5.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Wedbush restated an “outperform” rating and set a $4.50 target price (down from $5.50) on shares of AXT in a research report on Friday. Finally, Needham & Company LLC reiterated a “buy” rating and set a $5.00 price target on shares of AXT in a research report on Friday. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $5.10.
Check Out Our Latest Research Report on AXT
AXT Trading Down 31.0 %
AXT (NASDAQ:AXTI – Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The semiconductor company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08). The firm had revenue of $25.11 million for the quarter, compared to analyst estimates of $23.94 million. AXT had a negative net margin of 11.70% and a negative return on equity of 5.27%. As a group, equities analysts forecast that AXT will post -0.12 EPS for the current year.
AXT Company Profile
AXT, Inc designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging.
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