Analysts Issue Forecasts for AXT’s Q2 Earnings (NASDAQ:AXTI)

AXT Inc (NASDAQ:AXTI) – Investment analysts at Northland Securities reduced their Q2 2026 EPS estimates for shares of AXT in a research report issued to clients and investors on Thursday, June 25th. Northland Securities analyst T. Savageaux now anticipates that the semiconductor company will post earnings per share of $0.05 for the quarter, down from their previous estimate of $0.06. The consensus estimate for AXT’s current full-year earnings is $0.19 per share. Northland Securities also issued estimates for AXT’s Q3 2026 earnings at $0.07 EPS, Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $0.19 EPS.

Separately, Weiss Ratings raised AXT from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, AXT has a consensus rating of “Hold” and a consensus price target of $43.80.

AXT Price Performance

Shares of AXTI stock opened at $70.15 on Monday. The business has a 50-day moving average of $97.98 and a 200 day moving average of $55.31. AXT has a 1-year low of $1.85 and a 1-year high of $143.16. The stock has a market capitalization of $4.59 billion, a PE ratio of -226.28 and a beta of 1.80.

AXT (NASDAQ:AXTI) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. AXT had a negative net margin of 14.69% and a negative return on equity of 5.71%. The business had revenue of $26.92 million during the quarter, compared to analyst estimates of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS.

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 value 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 $243,606,574.89. This trade represents a 5.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director David C. Chang sold 8,333 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $111.17, for a total value of $926,379.61. Following the completion of the transaction, the director owned 65,165 shares of the company’s stock, valued at approximately $7,244,393.05. The trade was a 11.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 251,636 shares of company stock valued at $27,789,677 over the last three months. Corporate insiders own 5.97% of the company’s stock.

Institutional Investors Weigh In On AXT

Several hedge funds have recently added to or reduced their stakes in AXTI. CloudAlpha Capital Management Limited Hong Kong bought a new position in AXT in the 4th quarter worth about $22,738,000. Alyeska Investment Group L.P. purchased a new stake in AXT in the fourth quarter worth approximately $20,187,000. Assenagon Asset Management S.A. boosted its stake in shares of AXT by 161.9% in 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 buying an additional 930,526 shares during the last quarter. Jane Street Group LLC grew 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 valued at $14,790,000 after purchasing an additional 840,650 shares during the period. Finally, Ariose Capital Management Ltd purchased a new stake in AXT during the first quarter valued at approximately $39,061,000. 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.