AXT (NASDAQ:AXTI) Issues Q1 2025 Earnings Guidance

AXT (NASDAQ:AXTIGet 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

Shares of AXT stock opened at $1.58 on Friday. The firm has a market cap of $70.71 million, a P/E ratio of -6.32 and a beta of 2.08. The firm has a 50 day simple moving average of $2.17 and a 200 day simple moving average of $2.29. AXT has a fifty-two week low of $1.56 and a fifty-two week high of $5.64.

AXT (NASDAQ:AXTIGet 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

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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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