AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
2.180
+0.060 (2.83%)
Dec 20, 2024, 4:00 PM EST - Market closed
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 143.12% from the current stock price of 2.18.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 1, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 2 | 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 | 5 | 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 | +129.36% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +129.36% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +129.36% | Aug 2, 2024 |
| Wedbush | Wedbush | Buy Reiterates $6 | Buy | Reiterates | $6 | +175.23% | Jul 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +129.36% | 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
-0.14
from -0.42
EPS Next Year
-0.06
from -0.14
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 103.3M | 117.7M | 147.1M |
| Avg | 100.2M | 113.0M | 142.9M |
| Low | 95.9M | 106.6M | 137.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 36.2% | 17.5% | 30.2% |
| Avg | 32.1% | 12.8% | 26.4% |
| Low | 26.6% | 6.5% | 21.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.14 | 0.09 | 0.46 |
| Avg | -0.14 | -0.06 | 0.45 |
| Low | -0.14 | -0.12 | 0.43 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.