AXT
(NASDAQ:AXTI)
$3.60
-0.09[-2.44%]
At close: Jun 21
$3.60
-0.01[-0.28%]
After Hours: 5:29PM EDT
Consensus Rating1
Buy
Highest Price Target1
$12.00
Lowest Price Target1
$5.00
Consensus Price Target1
$6.93

AXT (NASDAQ:AXTI) Stock, Analyst Ratings, Price Targets, Predictions

AXT Inc has a consensus price target of $6.93, established from looking at the 27 latest analyst ratings. The last 3 analyst ratings were released from Needham, Wedbush, and Craig-Hallum on May 3, 2024, May 3, 2024, and April 9, 2024. With an average price target of $5.33 between Needham, Wedbush, and Craig-Hallum, there's an implied 48.56% upside for AXT Inc from these 3 analyst ratings.

Analyst Trends and Forecast
1
Feb
1
Apr
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Wedbush
Craig-Hallum
B. Riley Securities
B. Riley Securities

1calculated from analyst ratings

Analyst Ratings for AXT

Buy NowGet Alert
05/03/2024Buy Now39.28%Needham
Charles Shi
→ $5ReiteratesBuy → BuyGet Alert
05/03/2024Buy Now67.13%Wedbush
Matt Bryson
→ $6ReiteratesOutperform → OutperformGet Alert
04/09/2024Buy Now39.28%Craig-Hallum
Richard Shannon
$3.75 → $5MaintainsBuyGet Alert
04/09/2024Buy Now39.28%Needham
Charles Shi
→ $5ReiteratesBuy → BuyGet Alert
04/08/2024Buy Now67.13%Wedbush
Matt Bryson
$6 → $6MaintainsOutperformGet Alert
04/05/2024Buy Now53.2%B. Riley Securities
Dave Kang
$3.8 → $5.5MaintainsBuyGet Alert
02/23/2024Buy Now4.46%Craig-Hallum
Richard Shannon
$2.25 → $3.75UpgradeHold → BuyGet Alert
02/23/2024Buy Now67.13%Wedbush
Matt Bryson
→ $6ReiteratesOutperform → OutperformGet Alert
02/23/2024Buy Now39.28%Needham
Charles Shi
→ $5ReiteratesBuy → BuyGet Alert
02/23/2024Buy Now5.85%B. Riley Securities
Dave Kang
$2.4 → $3.8UpgradeNeutral → BuyGet Alert
08/04/2023Buy Now39.28%Needham
Charles Shi
→ $5ReiteratesBuy → BuyGet Alert
08/02/2023Buy Now178.55%Wedbush
Matt Bryson
→ $10ReiteratesOutperform → OutperformGet Alert
06/16/2023Buy Now39.28%Needham
Charles Shi
$8 → $5MaintainsBuyGet Alert
04/28/2023Buy Now3.06%B. Riley Securities
Dave Kang
$5 → $3.7MaintainsNeutralGet Alert
04/28/2023Buy Now4.46%Craig-Hallum
Richard Shannon
$5.5 → $3.75MaintainsHoldGet Alert
04/28/2023Buy Now39.28%Needham
Charles Shi
$8 → $5MaintainsBuyGet Alert
04/25/2023Buy Now178.55%Wedbush
Matt Bryson
→ $10Reiterates → OutperformGet Alert
02/17/2023Buy Now39.28%B. Riley Securities
David Kang
$5.5 → $5MaintainsNeutralGet Alert
02/17/2023Buy NowCraig-Hallum
Richard Shannon
DowngradeBuy → HoldGet Alert
02/17/2023Buy Now122.84%Needham
Charles Shi
$6 → $8MaintainsBuyGet Alert
10/28/2022Buy Now67.13%Needham
Charles Shi
$9 → $6MaintainsBuyGet Alert
10/06/2022Buy Now234.26%BWS Financial
Hamed Khorsand
$20 → $12MaintainsBuyGet Alert
10/04/2022Buy Now178.55%Northland Capital Markets
Gus Richard
$12 → $10MaintainsOutperformGet Alert
10/04/2022Buy Now81.06%B. Riley Securities
Dave Kang
$8 → $6.5MaintainsNeutralGet Alert
07/29/2022Buy Now150.7%Needham
Charles Shi
$8 → $9MaintainsBuyGet Alert
06/27/2022Buy Now122.84%Needham
Charles Shi
→ $8Initiates → BuyGet Alert
11/04/2021Buy Now206.41%Wedbush
Matt Bryson
Initiates → OutperformGet Alert

FAQ

Q

What is the target price for AXT (AXTI) stock?

A

The latest price target for AXT (NASDAQ:AXTI) was reported by Needham on May 3, 2024. The analyst firm set a price target for $5.00 expecting AXTI to rise to within 12 months (a possible 39.28% upside). 12 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for AXT (AXTI)?

A

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

Q

When was the last upgrade for AXT (AXTI)?

A

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.

Q

When was the last downgrade for AXT (AXTI)?

A

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.

Q

When is the next analyst rating going to be posted or updated for AXT (AXTI)?

A

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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.

Q

Is the Analyst Rating AXT (AXTI) correct?

A

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 $3.59, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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