AXT (NASDAQ:AXTI – Get Free Report) will likely be announcing its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to post earnings of $0.3080 per share and revenue of $66.00 million for the quarter. AXT has set its Q3 2026 guidance at 0.300-0.320 EPS. Investors can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.
AXT (NASDAQ:AXTI – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.12. AXT had a net margin of 3.23% and a return on equity of 0.96%. The firm had revenue of $47.59 million for the quarter, compared to the consensus estimate of $34.08 million. On average, analysts expect AXT to post $0.80 EPS for the current fiscal year and $2.15 EPS for the next fiscal year.
AXT Stock Performance
NASDAQ AXTI opened at $56.27 on Tuesday. The company has a market cap of $3.69 billion, a PE ratio of 2,813.50 and a beta of 1.86. The firm’s 50 day moving average price is $67.98 and its 200-day moving average price is $63.35. AXT has a 52-week low of $5.86 and a 52-week high of $143.16.
Analysts Set New Price Targets
A number of research firms have weighed in on AXTI. Weiss Ratings upgraded AXT from a “sell (d-)” rating to a “sell (d+)” rating in a report on Friday, August 14th. B. Riley Financial dropped their target price on AXT from $73.00 to $52.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. UBS Group set a $90.00 price target on AXT in a report on Friday, July 31st. Zacks Research downgraded AXT from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 29th. Finally, Needham & Company LLC raised AXT from a “hold” rating to a “buy” rating and set a $90.00 price target for the company in a research report on Friday, July 31st. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $77.00.
Read Our Latest Stock Report on AXTI
Insider Buying and Selling at AXT
In other news, Director Leonard Leblanc sold 4,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $96.07, for a total value of $384,280.00. Following the sale, the director directly owned 113,129 shares in the company, valued at approximately $10,868,303.03. This trade represents a 3.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.97% of the company’s stock.
AXT Company Profile
AXT, Inc develops and manufactures compound semiconductor substrates used as the foundation for various high-performance electronic and optoelectronic devices. Its principal products include gallium arsenide (GaAs), indium phosphide (InP), and germanium substrates, along with other specialty materials such as gallium antimonide and indium arsenide.
The company’s substrates are used in applications including wireless communications, fiber-optic and data-center networks, lasers, light-emitting diodes, solar cells, consumer electronics, and aerospace and defense systems.
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