AXT (NASDAQ:AXTI - Get Free Report) updated its first quarter 2025 earnings guidance on Friday. The company provided EPS guidance of -0.150--0.130 for the period, compared to the consensus EPS 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.
AXT Stock Down 2.2 %
AXTI stock traded down $0.03 during trading on Tuesday, reaching $1.31. 1,229,423 shares of the company's stock were exchanged, compared to its average volume of 635,315. The firm has a market cap of $58.62 million, a PE ratio of -4.68 and a beta of 2.08. AXT has a 1-year low of $1.30 and a 1-year high of $5.64. The company's fifty day moving average price is $2.16 and its 200-day moving average price is $2.28.
AXT (NASDAQ:AXTI - Get Free Report) last issued its quarterly 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 firm had revenue of $25.11 million for the quarter, compared to the consensus estimate of $23.94 million. As a group, sell-side analysts expect that AXT will post -0.12 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the company. Northland Securities cut their target price on AXT from $6.00 to $5.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. B. Riley restated a "buy" rating and issued a $6.00 price objective (up previously from $5.50) on shares of AXT in a report on Friday. Wedbush reaffirmed an "outperform" rating and set a $4.50 target price (down previously from $5.50) on shares of AXT in a research report on Friday. Finally, Needham & Company LLC restated a "buy" rating and issued a $5.00 price objective on shares of AXT in a research note on Friday. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, AXT presently has an average rating of "Moderate Buy" and a consensus price target of $5.10.
View Our Latest Analysis on AXTI
AXT Company Profile
(
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.
Recommended Stories
Before you consider AXT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AXT wasn't on the list.
While AXT currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
