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AXT (AXTI) News Today

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$1.83 -0.01 (-0.54%)
(As of 11/20/2024 ET)
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AXT (NASDAQ:AXTI) Posts Earnings Results, Misses Estimates By $0.01 EPS
AXT (NASDAQ:AXTI - Get Free Report) issued its quarterly earnings data on Thursday. The semiconductor company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The company had revenue of $23.65 million during the quarter, compared to the consensus estimate of $25.98 million. AXT had a negative net margin of 14.75% and a negative return on equity of 5.87%. During the same period in the previous year, the company earned ($0.14) earnings per share.
AXT Shares Fall 18% After 3Q Revenue Misses Estimates
Northland Securities Sticks to Their Buy Rating for AXT (AXTI)
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AXT, Inc. (NASDAQ:AXTI) Receives Average Recommendation of "Buy" from Analysts
AXT, Inc. (NASDAQ:AXTI - Get Free Report) has been assigned a consensus rating of "Buy" from the four analysts that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have cover
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AXT (NASDAQ:AXTI) Price Target Lowered to $5.00 at Northland Securities
Northland Securities dropped their target price on shares of AXT from $6.00 to $5.00 and set an "outperform" rating on the stock in a report on Friday.
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AXT's (AXTI) Buy Rating Reaffirmed at Needham & Company LLC
Needham & Company LLC reissued a "buy" rating and set a $5.00 target price on shares of AXT in a report on Friday.
AXT, Inc. (AXTI) Q3 2024 Earnings Call Transcript
Roku Inc. Achieves Milestone in Q3 2024 Earnings
Craig-Hallum Gives a Buy Rating to AXT (AXTI)
AXT, Inc.: Not Getting The Recognition It Deserves
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AXT (AXTI) to Release Earnings on Thursday
AXT (NASDAQ:AXTI) will be releasing earnings after the market closes on Thursday, October 31, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=632771)
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Short Interest in AXT, Inc. (NASDAQ:AXTI) Declines By 21.2%
AXT, Inc. (NASDAQ:AXTI - Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totalling 665,400 shares, a drop of 21.2% from the September 15th total of 844,900 shares. Approximately 1.6% of the company's shares are short sold. Based on an average trading volume of 295,000 shares, the short-interest ratio is presently 2.3 days.
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Dimensional Fund Advisors LP Sells 580,217 Shares of AXT, Inc. (NASDAQ:AXTI)
Dimensional Fund Advisors LP decreased its position in AXT, Inc. (NASDAQ:AXTI - Free Report) by 30.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,304,096 shares of the semiconductor company's stock af
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Renaissance Technologies LLC Purchases 347,200 Shares of AXT, Inc. (NASDAQ:AXTI)
Renaissance Technologies LLC raised its position in shares of AXT, Inc. (NASDAQ:AXTI - Free Report) by 1,142.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 377,600 shares of the semiconductor company's stock a
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AXT (NASDAQ:AXTI) Raised to "Hold" at StockNews.com
StockNews.com upgraded AXT from a "sell" rating to a "hold" rating in a research report on Friday.
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AXT, Inc. (NASDAQ:AXTI) Short Interest Update
AXT, Inc. (NASDAQ:AXTI - Get Free Report) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 877,800 shares, a drop of 9.2% from the August 15th total of 967,200 shares. Currently, 2.1% of the shares of the company are short sold. Based on an average daily trading volume, of 268,900 shares, the short-interest ratio is currently 3.3 days.
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AXT, Inc. (NASDAQ:AXTI) Stock Holdings Lifted by Acadian Asset Management LLC
Acadian Asset Management LLC raised its position in AXT, Inc. (NASDAQ:AXTI - Free Report) by 833.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 272,416 shares of the semiconductor compan
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AXT, Inc. (NASDAQ:AXTI) Short Interest Down 11.3% in August
AXT, Inc. (NASDAQ:AXTI - Get Free Report) saw a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 967,200 shares, a drop of 11.3% from the July 31st total of 1,090,000 shares. Based on an average daily trading volume, of 315,100 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.3% of the company's stock are short sold.
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Legato Capital Management LLC Makes New $503,000 Investment in AXT, Inc. (NASDAQ:AXTI)
Legato Capital Management LLC acquired a new position in AXT, Inc. (NASDAQ:AXTI - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 148,700 shares of the semiconductor company's
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Assenagon Asset Management S.A. Sells 193,331 Shares of AXT, Inc. (NASDAQ:AXTI)
Assenagon Asset Management S.A. lessened its position in AXT, Inc. (NASDAQ:AXTI - Free Report) by 79.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 50,418 shares of the semiconductor company's stock after sellin
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AXT (NASDAQ:AXTI) Issues Q3 2024 Earnings Guidance
AXT (NASDAQ:AXTI) updated its third quarter 2024 earnings guidance. The company provided EPS guidance of -0.080--0.060 for the period, compared to the consensus estimate of -0.040. The company also issued revenue guidance of $25.0 millionillion-$27.0 millionillion, compared to the consensus estimate of $27.1 millionillion.
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AXT (NASDAQ:AXTI) Releases Earnings Results, Beats Estimates By $0.02 EPS
AXT (NASDAQ:AXTI - Get Free Report) issued its earnings results on Thursday. The semiconductor company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.02. AXT had a negative net margin of 21.01% and a negative return on equity of 7.40%. The company had revenue of $27.92 million during the quarter, compared to analyst estimates of $26.50 million. During the same quarter last year, the business posted ($0.12) EPS.
AXT earnings: here's what Wall Street expects
AXT, Inc. (AXTI) Q2 2024 Earnings Call Transcript
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AXT (NASDAQ:AXTI) Stock Rating Reaffirmed by Needham & Company LLC
Needham & Company LLC reissued a "buy" rating and issued a $5.00 price target on shares of AXT in a research report on Friday.
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StockNews.com Downgrades AXT (NASDAQ:AXTI) to Sell
StockNews.com cut AXT from a "hold" rating to a "sell" rating in a report on Wednesday.
I:RUT Jul 2024 Weekly 2010.000 (RUTW240729P02010000)
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AXT (NASDAQ:AXTI) Rating Reiterated by Wedbush
Wedbush reiterated an "outperform" rating and issued a $6.00 target price on shares of AXT in a report on Monday.
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AXT, Inc. (NASDAQ:AXTI) Receives Consensus Recommendation of "Buy" from Analysts
AXT, Inc. (NASDAQ:AXTI - Get Free Report) has received a consensus rating of "Buy" from the four ratings firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have upd
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AXTI Media Mentions By Week

AXTI Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

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AXTI News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

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This page (NASDAQ:AXTI) was last updated on 11/21/2024 by MarketBeat.com Staff
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