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.
Analyst Ratings Changes
A number of equities analysts have issued reports on the stock. Northland Securities reduced their price objective on shares of AXT from $6.00 to $5.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $5.00 price objective on shares of AXT in a research note on Friday. B. Riley reaffirmed a “buy” rating and issued a $6.00 price objective (up from $5.50) on shares of AXT in a research note on Friday. Finally, Wedbush reaffirmed an “outperform” rating and issued a $4.50 price objective (down from $5.50) on shares of AXT in a research note on Friday. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, AXT currently has an average rating of “Moderate Buy” and an average target price of $5.10.
Check Out Our Latest Research Report on AXTI
AXT Stock Down 31.0 %
AXT (NASDAQ:AXTI – Get Free Report) last announced 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). AXT had a negative return on equity of 4.58% and a negative net margin of 10.73%. The firm had revenue of $25.11 million for the quarter, compared to the consensus estimate of $23.94 million. On average, research analysts anticipate that AXT will post -0.22 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.
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