The latest price target for AXT (NASDAQ:AXTI) was reported by Needham on August 2, 2024. The analyst firm set a price target for $5.00 expecting AXTI to rise to within 12 months (a possible 138.10% upside). 12 analyst firms have reported ratings in the last year.

The latest analyst rating for AXT (NASDAQ:AXTI) was provided by Needham, and AXT reiterated their buy rating.

The last upgrade for AXT Inc happened on February 23, 2024 when Craig-Hallum raised their price target to $3.75. Craig-Hallum previously had a hold for AXT Inc.

The last downgrade for AXT Inc happened on February 17, 2023 when Craig-Hallum changed their price target from N/A to N/A for AXT Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of AXT, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for AXT was filed on August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.

While ratings are subjective and will change, the latest AXT (AXTI) rating was a reiterated with a price target of $5.00 to $5.00. The current price AXT (AXTI) is trading at is $2.10, which is out of the analyst’s predicted range.