AXT (NASDAQ:AXTI) Issues Q1 2025 Earnings Guidance

AXT (NASDAQ:AXTI) updated its first quarter 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of -0.150–0.130 for the period, compared to the consensus 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.

Analyst Upgrades and Downgrades

AXTI has been the subject of a number of research analyst reports. B. Riley reaffirmed a “buy” rating and issued a $6.00 target price (up from $5.50) on shares of AXT in a research note on Friday. Needham & Company LLC reaffirmed a “buy” rating and set a $5.00 price objective on shares of AXT in a research report on Friday. Wedbush reissued an “outperform” rating and issued a $4.50 target price (down previously from $5.50) on shares of AXT in a research report on Friday. Finally, 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 note on Friday, November 1st. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.10.

AXT Stock Down 31.0 %

AXTI stock opened at $1.58 on Friday. AXT has a twelve month low of $1.56 and a twelve month high of $5.64. The company has a market cap of $70.71 million, a price-to-earnings ratio of -5.64 and a beta of 2.08. The business has a 50 day moving average price of $2.17 and a two-hundred day moving average price of $2.29.

AXT (NASDAQ:AXTI) last posted its quarterly earnings results on Thursday, February 20th. The semiconductor company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.08). AXT had a negative return on equity of 5.27% and a negative net margin of 11.70%. The firm had revenue of $25.11 million for the quarter, compared to the consensus estimate of $23.94 million. On average, equities research analysts anticipate that AXT will post -0.12 EPS for the current fiscal year.

AXT Company Profile

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.