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AXT
AXTINASDAQ
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AXT (NASDAQ:AXTI) Stock, Analyst Ratings, Price Targets, Forecasts
AXT Inc has a consensus price target of $6.93 based on the ratings of 7 analysts. The high is $12 issued by BWS Financial on October 6, 2022. The low is $5 issued by Needham on May 3, 2024. The 3 most-recent analyst ratings were released by Needham, Wedbush, and Craig-Hallum on May 3, 2024, May 3, 2024, and April 9, 2024, respectively. With an average price target of $5.33 between Needham, Wedbush, and Craig-Hallum, there's an implied 64.10% upside for AXT Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Needham
Wedbush
Craig-Hallum
B. Riley Securities
B. Riley Securities
1calculated from analyst ratings
Analyst Ratings for AXT
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/03/2024 | Buy Now | 53.85% | Needham | Charles Shi | → $5 | Reiterates | Buy → Buy | Get Alert |
| 05/03/2024 | Buy Now | 84.62% | Wedbush | Matt Bryson | → $6 | Reiterates | Outperform → Outperform | Get Alert |
| 04/09/2024 | Buy Now | 53.85% | Craig-Hallum | Richard Shannon | $3.75 → $5 | Maintains | Buy | Get Alert |
| 04/09/2024 | Buy Now | 53.85% | Needham | Charles Shi | → $5 | Reiterates | Buy → Buy | Get Alert |
| 04/08/2024 | Buy Now | 84.62% | Wedbush | Matt Bryson | $6 → $6 | Maintains | Outperform | Get Alert |
| 04/05/2024 | Buy Now | 69.23% | B. Riley Securities | Dave Kang | $3.8 → $5.5 | Maintains | Buy | Get Alert |
| 02/23/2024 | Buy Now | 15.38% | Craig-Hallum | Richard Shannon | $2.25 → $3.75 | Upgrade | Hold → Buy | Get Alert |
| 02/23/2024 | Buy Now | 84.62% | Wedbush | Matt Bryson | → $6 | Reiterates | Outperform → Outperform | Get Alert |
| 02/23/2024 | Buy Now | 53.85% | Needham | Charles Shi | → $5 | Reiterates | Buy → Buy | Get Alert |
| 02/23/2024 | Buy Now | 16.92% | B. Riley Securities | Dave Kang | $2.4 → $3.8 | Upgrade | Neutral → Buy | Get Alert |
| 08/04/2023 | Buy Now | 53.85% | Needham | Charles Shi | → $5 | Reiterates | Buy → Buy | Get Alert |
| 08/02/2023 | Buy Now | 207.69% | Wedbush | Matt Bryson | → $10 | Reiterates | Outperform → Outperform | Get Alert |
| 06/16/2023 | Buy Now | 53.85% | Needham | Charles Shi | $8 → $5 | Maintains | Buy | Get Alert |
| 04/28/2023 | Buy Now | 13.85% | B. Riley Securities | Dave Kang | $5 → $3.7 | Maintains | Neutral | Get Alert |
| 04/28/2023 | Buy Now | 15.38% | Craig-Hallum | Richard Shannon | $5.5 → $3.75 | Maintains | Hold | Get Alert |
| 04/28/2023 | Buy Now | 53.85% | Needham | Charles Shi | $8 → $5 | Maintains | Buy | Get Alert |
| 04/25/2023 | Buy Now | 207.69% | Wedbush | Matt Bryson | → $10 | Reiterates | → Outperform | Get Alert |
| 02/17/2023 | Buy Now | 53.85% | B. Riley Securities | David Kang | $5.5 → $5 | Maintains | Neutral | Get Alert |
| 02/17/2023 | Buy Now | — | Craig-Hallum | Richard Shannon | — | Downgrade | Buy → Hold | Get Alert |
| 02/17/2023 | Buy Now | 146.15% | Needham | Charles Shi | $6 → $8 | Maintains | Buy | Get Alert |
| 10/28/2022 | Buy Now | 84.62% | Needham | Charles Shi | $9 → $6 | Maintains | Buy | Get Alert |
| 10/06/2022 | Buy Now | 269.23% | BWS Financial | Hamed Khorsand | $20 → $12 | Maintains | Buy | Get Alert |
| 10/04/2022 | Buy Now | 207.69% | Northland Capital Markets | Gus Richard | $12 → $10 | Maintains | Outperform | Get Alert |
| 10/04/2022 | Buy Now | 100% | B. Riley Securities | Dave Kang | $8 → $6.5 | Maintains | Neutral | Get Alert |
| 07/29/2022 | Buy Now | 176.92% | Needham | Charles Shi | $8 → $9 | Maintains | Buy | Get Alert |
| 06/27/2022 | Buy Now | 146.15% | Needham | Charles Shi | → $8 | Initiates | → Buy | Get Alert |
| 11/04/2021 | Buy Now | 238.46% | Wedbush | Matt Bryson | — | Initiates | → Outperform | Get Alert |
FAQ
What is the target price for AXT (AXTI) stock?
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 53.85% upside). 12 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for AXT (AXTI)?
The latest analyst rating for AXT (NASDAQ:AXTI) was provided by Needham, and AXT reiterated their buy rating.
When was the last upgrade for AXT (AXTI)?
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.
When was the last downgrade for AXT (AXTI)?
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.
When is the next analyst rating going to be posted or updated for AXT (AXTI)?
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.
Is the Analyst Rating AXT (AXTI) correct?
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 $3.25, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.