AXT (NASDAQ:AXTI - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $18.98 million for the quarter.
AXT (NASDAQ:AXTI - Get Free Report) last announced its earnings results 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). AXT had a negative net margin of 11.70% and a negative return on equity of 5.27%. The business had revenue of $25.11 million for the quarter, compared to analysts' expectations of $23.94 million. On average, analysts expect AXT to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
AXT Stock Performance
Shares of NASDAQ:AXTI traded down $0.06 during midday trading on Tuesday, reaching $1.35. 169,613 shares of the company's stock traded hands, compared to its average volume of 467,715. AXT has a 1 year low of $1.13 and a 1 year high of $4.23. The company has a market cap of $61.56 million, a P/E ratio of -4.82 and a beta of 2.36. The company has a fifty day simple moving average of $1.46 and a two-hundred day simple moving average of $1.95.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. Wedbush reiterated an "outperform" rating and set a $4.50 target price on shares of AXT in a research report on Tuesday. B. Riley reiterated a "buy" rating and set a $6.00 target price (up previously from $5.50) on shares of AXT in a research report on Friday, February 21st. Needham & Company LLC reiterated a "buy" rating and set a $5.00 target price on shares of AXT in a research report on Friday, February 21st. Finally, StockNews.com upgraded AXT to a "sell" rating in a research report on Friday. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $5.13.
Read Our Latest Analysis on AXT
About AXT
(
Get Free Report)
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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