AXT (NASDAQ:AXTI – Get Free Report) 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.
Analysts Set New Price Targets
Several research firms recently weighed in on AXTI. Wedbush reiterated an “outperform” rating and issued a $4.50 target price (down previously from $5.50) on shares of AXT in a research note on Friday. Needham & Company LLC reissued a “buy” rating and issued a $5.00 price target on shares of AXT in a research report on Friday. B. Riley reissued a “buy” rating and issued a $6.00 price target (up previously from $5.50) on shares of AXT in a research report on Friday. Finally, Northland Securities dropped their price objective on shares of AXT from $6.00 to $5.00 and set an “outperform” rating for the company in a report on Friday, November 1st. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $5.10.
Read Our Latest Research Report on AXTI
AXT Price Performance
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 for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08). The company had revenue of $25.11 million during the quarter, compared to analyst estimates of $23.94 million. AXT had a negative net margin of 10.73% and a negative return on equity of 4.58%. On average, sell-side analysts expect that AXT will post -0.22 EPS for the current 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.
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