AXT, Inc. (AXTI)
NASDAQ: AXTI · IEX Real-Time Price · USD
3.350
-0.150 (-4.29%)
At close: Jul 19, 2024, 4:00 PM
3.390
+0.040 (1.19%)
Pre-market: Jul 22, 2024, 7:29 AM EDT
AXT, Inc. Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for AXT, Inc. stock have an average target of 5.38, with a low estimate of 5.00 and a high estimate of 6.00. The average target predicts an increase of 60.60% from the current stock price of 3.35.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for AXT, Inc. stock from 4 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
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 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +49.25% | May 3, 2024 |
Wedbush | Wedbush | Buy Reiterates $6 | Buy | Reiterates | $6 | +79.10% | May 3, 2024 |
Craig-Hallum | Craig-Hallum | Strong Buy Maintains $3.75 → $5 | Strong Buy | Maintains | $3.75 → $5 | +49.25% | Apr 9, 2024 |
Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +49.25% | Apr 9, 2024 |
Wedbush | Wedbush | Buy Maintains $6 | Buy | Maintains | $6 | +79.10% | Apr 8, 2024 |
Financial Forecast
Revenue This Year
106.28M
from 75.80M
Increased by 40.22%
Revenue Next Year
130.96M
from 106.28M
Increased by 23.22%
EPS This Year
-0.14
from -0.42
EPS Next Year
0.15
from -0.14
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 114.6M | 156.5M |
Avg | 106.3M | 131.0M |
Low | 99.2M | 111.3M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 51.1% | 47.2% |
Avg | 40.2% | 23.2% |
Low | 30.8% | 4.8% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.09 | 0.48 |
Avg | -0.14 | 0.15 |
Low | -0.17 | 0.01 |
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.