FY2027 EPS Estimates for AXT Lifted by Northland Securities

AXT Inc (NASDAQ:AXTI) – Analysts at Northland Securities raised their FY2027 earnings per share estimates for shares of AXT in a research note issued on Thursday, June 25th. Northland Securities analyst T. Savageaux now anticipates that the semiconductor company will earn $0.55 per share for the year, up from their previous estimate of $0.42. The consensus estimate for AXT’s current full-year earnings is $0.20 per share.

AXT (NASDAQ:AXTI) last released its earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $26.92 million during the quarter, compared to analysts’ expectations of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS.

Separately, Weiss Ratings upgraded shares of AXT from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $43.80.

AXT Trading Down 1.5%

AXTI opened at $69.06 on Friday. The stock has a fifty day simple moving average of $97.84 and a two-hundred day simple moving average of $54.90. The company has a market cap of $4.52 billion, a price-to-earnings ratio of -222.77 and a beta of 1.80. AXT has a 12-month low of $1.85 and a 12-month high of $143.16.

Institutional Investors Weigh In On AXT

Several institutional investors and hedge funds have recently made changes to their positions in AXTI. CloudAlpha Capital Management Limited Hong Kong bought a new stake in shares of AXT during the fourth quarter valued at approximately $22,738,000. Alyeska Investment Group L.P. purchased a new stake in AXT during the 4th quarter valued at $20,187,000. Assenagon Asset Management S.A. boosted its stake in 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 valued at $85,775,000 after purchasing an additional 930,526 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of AXT by 1,314.6% in the 4th quarter. Jane Street Group LLC now owns 904,599 shares of the semiconductor company’s stock worth $14,790,000 after purchasing an additional 840,650 shares in the last quarter. Finally, Ariose Capital Management Ltd purchased a new position in shares of AXT in the first quarter worth $39,061,000. Institutional investors own 49.52% of the company’s stock.

Insider Buying and Selling

In other AXT news, CEO Morris S. Young sold 123,601 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $113.33, for a total transaction of $14,007,701.33. Following the completion of the sale, the chief executive officer directly owned 2,149,533 shares in the company, valued at approximately $243,606,574.89. This trade represents a 5.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David C. Chang sold 8,333 shares of AXT stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $111.17, for a total transaction of $926,379.61. Following the completion of the transaction, the director directly owned 65,165 shares of the company’s stock, valued at $7,244,393.05. This trade represents a 11.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 251,636 shares of company stock worth $27,789,677 in the last quarter. Corporate insiders own 5.97% 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.