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.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and set a $5.00 price target on shares of AXT in a research report on Friday, November 1st. Northland Securities reduced their price target on shares of AXT from $6.00 to $5.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, Wedbush reiterated an “outperform” rating and set a $5.50 price target on shares of AXT in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.20.
AXT Trading Down 0.4 %
AXT (NASDAQ:AXTI – Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The semiconductor company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08). AXT had a negative net margin of 10.73% and a negative return on equity of 4.58%. As a group, equities analysts predict that AXT will post -0.22 EPS for the current year.
About AXT
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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