AXT (NASDAQ:AXTI) Reaches New 12-Month High – What’s Next?

AXT Inc (NASDAQ:AXTI)’s stock price reached a new 52-week high on Friday . The company traded as high as $135.42 and last traded at $135.8220, with a volume of 6475553 shares. The stock had previously closed at $121.02.

Analyst Ratings Changes

A number of equities analysts have weighed in on AXTI shares. Wall Street Zen raised AXT from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. B. Riley Financial upped their price target on AXT to $21.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. UBS Group set a $35.00 price target on AXT in a research report on Tuesday, February 17th. Wedbush upped their price target on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AXT in a research report on Wednesday, May 13th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $22.80.

AXT Trading Up 16.4%

The company has a market cap of $9.21 billion, a P/E ratio of -454.28 and a beta of 1.75. The business has a 50 day moving average price of $77.47 and a 200-day moving average price of $39.85.

AXT (NASDAQ:AXTI) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. On average, sell-side analysts expect that AXT Inc will post 0.2 earnings per share for the current year.

Insider Transactions at AXT

In other news, CEO Morris S. Young sold 37,905 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $51.13, for a total transaction of $1,938,082.65. Following the sale, the chief executive officer owned 2,275,328 shares in the company, valued at $116,337,520.64. This represents a 1.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Jesse Chen sold 8,083 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $50.25, for a total value of $406,170.75. Following the completion of the sale, the director owned 109,526 shares in the company, valued at approximately $5,503,681.50. This trade represents a 6.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 502,278 shares of company stock worth $21,196,754 in the last 90 days. Corporate insiders own 5.97% of the company’s stock.

Institutional Investors Weigh In On AXT

Large investors have recently added to or reduced their stakes in the business. American Capital Advisory LLC bought a new stake in AXT in the 1st quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in AXT in the 1st quarter valued at $31,000. XTX Topco Ltd bought a new stake in AXT in the 2nd quarter valued at $42,000. Jefferies Financial Group Inc. bought a new stake in AXT in the 3rd quarter valued at $52,000. Finally, Leonteq Securities AG bought a new stake in AXT in the 1st quarter valued at $57,000. Institutional investors own 49.52% 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.