AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
1.870
+0.040 (2.19%)
Nov 21, 2024, 12:09 PM EST - Market open
AXT, Inc. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for AXT, Inc. stock have an average target of 5.30, with a low estimate of 5.00 and a high estimate of 6.00. The average target predicts an increase of 183.42% from the current stock price of 1.87.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AXT, Inc. stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $6 → $5 | Buy | Maintains | $6 → $5 | +167.38% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +167.38% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +167.38% | Aug 2, 2024 |
| Wedbush | Wedbush | Buy Reiterates $6 | Buy | Reiterates | $6 | +220.86% | Jul 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +167.38% | May 3, 2024 |
Financial Forecast
Revenue This Year
100.15M
from 75.80M
Increased by 32.13%
Revenue Next Year
113.01M
from 100.15M
Increased by 12.84%
EPS This Year
-0.16
from -0.42
EPS Next Year
0.02
from -0.16
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 103.3M | 117.7M |
| Avg | 100.2M | 113.0M |
| Low | 95.9M | 106.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 36.2% | 17.5% |
| Avg | 32.1% | 12.8% |
| Low | 26.6% | 6.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.14 | 0.41 |
| Avg | -0.16 | 0.02 |
| Low | -0.21 | -0.12 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.