AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
2.110
-0.465 (-18.06%)
At close: Nov 1, 2024, 4:00 PM
2.120
+0.010 (0.47%)
After-hours: Nov 1, 2024, 6:54 PM EDT
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 151.18% from the current stock price of 2.11.
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 | +136.97% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +136.97% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +136.97% | Aug 2, 2024 |
| Wedbush | Wedbush | Buy Reiterates $6 | Buy | Reiterates | $6 | +184.36% | Jul 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +136.97% | May 3, 2024 |
Financial Forecast
Revenue This Year
106.25M
from 75.80M
Increased by 40.18%
Revenue Next Year
129.11M
from 106.25M
Increased by 21.52%
EPS This Year
-0.18
from -0.42
EPS Next Year
0.09
from -0.18
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 111.2M | 156.5M |
| Avg | 106.3M | 129.1M |
| Low | 101.0M | 110.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 46.7% | 47.2% |
| Avg | 40.2% | 21.5% |
| Low | 33.2% | 4.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.15 | 0.41 |
| Avg | -0.18 | 0.09 |
| Low | -0.24 | -0.04 |
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.