AXT (NASDAQ:AXTI) Updates Q1 2025 Earnings Guidance

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

AXT Trading Down 31.7 %

NASDAQ:AXTI traded down $0.73 during midday trading on Friday, hitting $1.57. 4,931,687 shares of the company were exchanged, compared to its average volume of 487,688. AXT has a fifty-two week low of $1.56 and a fifty-two week high of $5.64. The company has a market capitalization of $70.03 million, a PE ratio of -6.29 and a beta of 2.08. The company has a fifty day simple moving average of $2.19 and a 200 day simple moving average of $2.30.

AXT (NASDAQ:AXTI) last issued its quarterly earnings data 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). The firm had revenue of $25.11 million for the quarter, compared to analysts’ expectations of $23.94 million. AXT had a negative return on equity of 4.58% and a negative net margin of 10.73%. As a group, equities research analysts expect that AXT will post -0.22 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Wedbush restated an “outperform” rating and set a $5.50 target price on shares of AXT in a research report on Friday, February 7th. Needham & Company LLC reissued a “buy” rating and set a $5.00 price objective on shares of AXT in a research report on Friday. Northland Securities dropped 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. Finally, B. Riley reiterated a “buy” rating and set a $6.00 target price (up previously from $5.50) on shares of AXT in a research note on Friday. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.30.

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.