AXT (AXTI) Stock Forecast, Price Target & Predictions
AXTI Stock Forecast
AXT stock forecast is as follows: an average price target of $5.38 (represents a 142.34% upside from AXTI’s last price of $2.22) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
AXTI Price Target
The average price target for AXT (AXTI) is $5.38 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $5.00. This represents a potential 142.34% upside from AXTI's last price of $2.22.
AXTI Analyst Ratings
According to 4 Wall Street analysts, AXT's rating consensus is 'Buy'. The analyst rating breakdown for AXTI stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
AXT Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 09, 2024 | Richard Shannon | Craig-Hallum | $5.00 | $3.71 | 34.83% | 125.23% |
| Apr 05, 2024 | David Kang | B.Riley Financial | $5.50 | $3.22 | 70.81% | 147.75% |
| Feb 23, 2024 | Matt Bryson | Wedbush | $6.00 | $3.96 | 51.71% | 170.27% |
| Feb 23, 2024 | Richard Shannon | Craig-Hallum | $3.75 | $3.86 | -2.85% | 68.92% |
| Feb 23, 2024 | David Kang | B.Riley Financial | $3.80 | $3.86 | -1.55% | 71.17% |
| Jun 16, 2023 | Charles Shi | Needham | $5.00 | $3.60 | 39.08% | 125.23% |
The latest AXT stock forecast, released on Apr 09, 2024 by Richard Shannon from Craig-Hallum, set a price target of $5.00, which represents a 34.83% increase from the stock price at the time of the forecast ($3.71), and a 125.23% increase from AXTI last price ($2.22).
AXT Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 5 |
| Avg Price Target | - | - | $4.81 |
| Last Closing Price | $2.22 | $2.22 | $2.22 |
| Upside/Downside | -100.00% | -100.00% | 116.67% |
In the current month, the average price target of AXT stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to AXT's last price of $2.22. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 03, 2024 | Wedbush | Buy | Buy | Hold |
| Apr 09, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Apr 05, 2024 | Wedbush | Buy | Buy | Hold |
| Apr 05, 2024 | B. Riley | Buy | Buy | Hold |
| Feb 23, 2024 | Craig-Hallum | - | Buy | Upgrade |
| Jun 16, 2023 | Needham | Buy | Buy | Hold |
AXT's last stock rating was published by Wedbush on May 03, 2024. The company gave AXTI a "Buy" rating, the same as its previous rate.
AXT Financial Forecast
AXT Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $20.43M | $17.37M | $18.59M | $19.41M | $26.80M | $35.18M | $39.49M | $39.65M | $37.73M | $34.58M | $33.73M | $31.35M | $27.04M | $25.47M | $22.13M | $20.72M | $18.41M | $19.84M | $24.80M | $20.21M | $24.42M | $20.62M |
| Avg Forecast | $35.30M | $33.17M | $31.05M | $28.70M | $27.60M | $25.98M | $26.32M | $21.56M | $17.57M | $17.90M | $20.02M | $20.02M | $28.91M | $35.48M | $40.05M | $39.14M | $36.12M | $35.05M | $31.76M | $29.05M | $25.52M | $24.07M | $21.68M | $19.36M | $20.01M | $19.83M | $24.11M | $20.69M | $17.44M | $10.31M |
| High Forecast | $35.33M | $33.20M | $31.07M | $28.72M | $27.62M | $26.00M | $26.34M | $21.58M | $17.70M | $17.99M | $20.03M | $20.04M | $28.93M | $35.51M | $40.08M | $39.17M | $36.15M | $35.08M | $31.79M | $29.07M | $25.54M | $24.09M | $21.70M | $19.37M | $20.03M | $19.84M | $24.13M | $20.70M | $20.93M | $12.37M |
| Low Forecast | $35.23M | $33.11M | $30.99M | $28.64M | $27.55M | $25.93M | $26.27M | $21.52M | $17.45M | $17.88M | $19.98M | $19.98M | $28.85M | $35.41M | $39.97M | $39.06M | $36.05M | $34.98M | $31.70M | $29.00M | $25.47M | $24.02M | $21.64M | $19.32M | $19.97M | $19.79M | $24.07M | $20.65M | $13.95M | $8.25M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 19 |
| Surprise % | - | - | - | - | - | - | - | - | 1.16% | 0.97% | 0.93% | 0.97% | 0.93% | 0.99% | 0.99% | 1.01% | 1.04% | 0.99% | 1.06% | 1.08% | 1.06% | 1.06% | 1.02% | 1.07% | 0.92% | 1.00% | 1.03% | 0.98% | 1.40% | 2.00% |
AXT's average Quarter revenue forecast for Mar 24 based on 1 analysts is $21.56M, with a low forecast of $21.52M, and a high forecast of $21.58M. AXTI's average Quarter revenue forecast represents a 5.56% increase compared to the company's last Quarter revenue of $20.43M (Dec 23).
AXT EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 19 |
| EBITDA | - | - | - | - | - | - | - | - | $-3.42M | $-6.13M | $-5.13M | $-3.12M | $1.89M | $7.53M | $5.29M | $4.82M | $4.71M | $5.53M | $6.98M | $5.82M | $3.50M | $2.55M | $2.22M | $1.15M | $-903.00K | $509.00K | $3.50M | $607.00K | $4.42M | $2.06M |
| Avg Forecast | $1.08M | $1.02M | $953.84K | $881.64K | $847.85K | $798.09K | $808.47K | $4.04M | $539.75K | $549.97K | $614.90K | $3.67M | $888.11K | $6.69M | $1.23M | $3.34M | $1.11M | $1.08M | $975.75K | $2.56M | $783.89K | $739.38K | $666.07K | $1.91M | $614.75K | $609.03K | $740.75K | $640.00K | $2.82M | $2.16M |
| High Forecast | $1.09M | $1.02M | $954.57K | $882.32K | $848.51K | $798.70K | $809.09K | $4.85M | $543.74K | $552.72K | $615.37K | $4.41M | $888.80K | $8.03M | $1.23M | $4.01M | $1.11M | $1.08M | $976.50K | $3.07M | $784.49K | $739.95K | $666.59K | $2.30M | $615.23K | $609.50K | $741.32K | $768.00K | $3.39M | $2.59M |
| Low Forecast | $1.08M | $1.02M | $952.00K | $879.95K | $846.22K | $796.55K | $806.91K | $3.23M | $536.08K | $549.36K | $613.72K | $2.94M | $886.40K | $5.36M | $1.23M | $2.67M | $1.11M | $1.07M | $973.87K | $2.05M | $782.38K | $737.95K | $664.79K | $1.53M | $613.57K | $607.86K | $739.33K | $512.00K | $2.26M | $1.73M |
| Surprise % | - | - | - | - | - | - | - | - | -6.34% | -11.16% | -8.34% | -0.85% | 2.13% | 1.12% | 4.30% | 1.44% | 4.24% | 5.14% | 7.16% | 2.27% | 4.47% | 3.45% | 3.33% | 0.60% | -1.47% | 0.84% | 4.72% | 0.95% | 1.57% | 0.95% |
4 analysts predict AXTI's average Quarter EBITDA for Mar 23 to be $3.67M, with a high of $4.41M and a low of $2.94M. This is 94.08% upper than AXT's previous annual EBITDA (Dec 22) of $1.89M.
AXT Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 19 |
| Net Income | - | - | - | - | - | - | - | - | $-3.62M | $-5.82M | $-5.09M | $-3.67M | $1.34M | $5.76M | $5.55M | $3.17M | $3.63M | $3.80M | $4.38M | $3.42M | $2.06M | $991.00K | $361.00K | $-178.00K | $-2.05M | $-898.00K | $1.45M | $-1.10M | $2.88M | $665.00K |
| Avg Forecast | $2.80M | $2.05M | $1.08M | $66.62K | $-1.03M | $-2.37M | $-2.00M | $3.19M | $-5.67M | $-4.88M | $-4.26M | $2.90M | $1.06M | $4.60M | $3.34M | $2.64M | $2.69M | $4.52M | $3.66M | $1.51M | $1.23M | $430.92K | $-355.51K | $-288.36K | $-2.70M | $-797.20K | $1.50M | $-1.38M | $1.90M | $731.50K |
| High Forecast | $2.80M | $2.05M | $1.08M | $66.69K | $-1.03M | $-2.15M | $-2.00M | $3.83M | $-5.24M | $-2.85M | $-4.25M | $3.48M | $1.06M | $5.52M | $3.34M | $3.16M | $2.70M | $4.53M | $3.66M | $1.81M | $1.23M | $431.35K | $-354.62K | $-230.69K | $-2.70M | $-795.21K | $1.50M | $-1.10M | $2.28M | $877.80K |
| Low Forecast | $2.79M | $2.04M | $1.07M | $66.45K | $-1.04M | $-2.58M | $-2.01M | $2.55M | $-6.11M | $-5.69M | $-4.27M | $2.32M | $1.05M | $3.68M | $3.33M | $2.11M | $2.69M | $4.51M | $3.65M | $1.21M | $1.23M | $429.84K | $-355.86K | $-346.03K | $-2.71M | $-798.00K | $1.50M | $-1.66M | $1.52M | $585.20K |
| Surprise % | - | - | - | - | - | - | - | - | 0.64% | 1.19% | 1.19% | -1.26% | 1.27% | 1.25% | 1.66% | 1.20% | 1.35% | 0.84% | 1.20% | 2.27% | 1.68% | 2.30% | -1.02% | 0.62% | 0.76% | 1.13% | 0.97% | 0.80% | 1.52% | 0.91% |
AXT's average Quarter net income forecast for Mar 23 is $2.90M, with a range of $2.32M to $3.48M. AXTI's average Quarter net income forecast represents a 116.35% increase compared to the company's last Quarter net income of $1.34M (Dec 22).
AXT SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 19 |
| SG&A | - | - | - | - | - | - | - | - | $5.37M | $5.67M | $5.82M | $5.95M | $5.93M | $6.58M | $6.69M | $6.45M | $6.35M | $6.48M | $5.79M | $5.57M | $5.08M | $4.62M | $4.75M | $4.75M | $5.06M | $4.75M | $4.77M | $4.72M | $4.22M | $3.79M |
| Avg Forecast | $7.71M | $7.25M | $6.78M | $6.27M | $6.03M | $5.67M | $5.75M | $6.50M | $3.84M | $3.91M | $4.37M | $5.91M | $6.31M | $7.84M | $8.75M | $5.37M | $7.89M | $7.65M | $6.94M | $2.45M | $5.57M | $5.26M | $4.74M | $7.69M | $4.37M | $4.33M | $5.27M | $5.90M | $2.79M | $4.17M |
| High Forecast | $7.72M | $7.25M | $6.79M | $6.27M | $6.03M | $5.68M | $5.75M | $7.80M | $3.87M | $3.93M | $4.37M | $7.09M | $6.32M | $9.40M | $8.75M | $6.45M | $7.89M | $7.66M | $6.94M | $2.94M | $5.58M | $5.26M | $4.74M | $9.23M | $4.37M | $4.33M | $5.27M | $7.08M | $3.34M | $5.01M |
| Low Forecast | $7.69M | $7.23M | $6.77M | $6.26M | $6.02M | $5.66M | $5.74M | $5.20M | $3.81M | $3.91M | $4.36M | $4.73M | $6.30M | $6.27M | $8.73M | $4.30M | $7.87M | $7.64M | $6.92M | $1.96M | $5.56M | $5.25M | $4.73M | $6.15M | $4.36M | $4.32M | $5.26M | $4.72M | $2.23M | $3.34M |
| Surprise % | - | - | - | - | - | - | - | - | 1.40% | 1.45% | 1.33% | 1.01% | 0.94% | 0.84% | 0.77% | 1.20% | 0.80% | 0.85% | 0.84% | 2.27% | 0.91% | 0.88% | 1.00% | 0.62% | 1.16% | 1.10% | 0.91% | 0.80% | 1.52% | 0.91% |
AXT's average Quarter SG&A projection for Mar 24 is $6.50M, based on 1 Wall Street analysts, with a range of $5.20M to $7.80M. The forecast indicates a 21.18% rise compared to AXTI last annual SG&A of $5.37M (Dec 23).
AXT EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 19 |
| EPS | - | - | - | - | - | - | - | - | $-0.08 | $-0.14 | $-0.12 | $-0.09 | $0.03 | $0.14 | $0.13 | $0.07 | $0.09 | $0.09 | $0.11 | $0.08 | $0.05 | $0.02 | $0.01 | $-0.01 | $-0.05 | $-0.02 | $0.04 | $-0.03 | $0.07 | $0.02 |
| Avg Forecast | $0.07 | $0.05 | $0.03 | - | $-0.02 | $-0.05 | $-0.05 | $-0.08 | $-0.13 | $-0.11 | $-0.10 | $-0.10 | $0.02 | $0.09 | $0.08 | $0.06 | $0.06 | $0.10 | $0.08 | $0.05 | $0.03 | $0.01 | $-0.01 | $-0.05 | $-0.06 | $-0.02 | $0.03 | $-0.04 | $0.03 | $0.01 |
| High Forecast | $0.07 | $0.05 | $0.03 | - | $-0.02 | $-0.05 | $-0.05 | $-0.08 | $-0.12 | $-0.07 | $-0.10 | $-0.10 | $0.02 | $0.09 | $0.08 | $0.06 | $0.06 | $0.11 | $0.08 | $0.05 | $0.03 | $0.01 | $-0.01 | $-0.05 | $-0.06 | $-0.02 | $0.03 | $-0.04 | $0.04 | $0.01 |
| Low Forecast | $0.06 | $0.05 | $0.02 | - | $-0.02 | $-0.06 | $-0.05 | $-0.08 | $-0.14 | $-0.13 | $-0.10 | $-0.10 | $0.02 | $0.09 | $0.08 | $0.06 | $0.06 | $0.10 | $0.08 | $0.05 | $0.03 | $0.01 | $-0.01 | $-0.05 | $-0.06 | $-0.02 | $0.03 | $-0.04 | $0.03 | $0.01 |
| Surprise % | - | - | - | - | - | - | - | - | 0.64% | 1.24% | 1.21% | 0.85% | 1.22% | 1.61% | 1.68% | 1.11% | 1.39% | 0.86% | 1.30% | 1.47% | 1.75% | 2.00% | -1.21% | 0.21% | 0.80% | 1.08% | 1.15% | 0.74% | 2.33% | 2.00% |
According to 4 Wall Street analysts, AXT's projected average Quarter EPS for Mar 23 is $-0.10, with a low estimate of $-0.10 and a high estimate of $-0.10. This represents a -440.00% decrease compared to AXTI previous annual EPS of $0.03 (Dec 22).
AXT Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AXTI | AXT | $2.22 | $5.38 | 142.34% | Buy |
| IPGP | IPG Photonics | $68.81 | $146.00 | 112.18% | Buy |
| AEHR | Aehr Test Systems | $12.47 | $25.00 | 100.48% | Buy |
| UCTT | Ultra Clean | $34.25 | $56.00 | 63.50% | Buy |
| ICHR | Ichor | $28.93 | $47.00 | 62.46% | Buy |
| KLIC | Kulicke and Soffa Industries | $40.99 | $65.00 | 58.58% | Hold |
| ACLS | Axcelis | $99.77 | $137.00 | 37.32% | Buy |
| COHU | Cohu | $24.95 | $34.00 | 36.27% | Buy |
| ONTO | Onto Innovation | $192.05 | $257.50 | 34.08% | Buy |
| ENTG | Entegris | $111.64 | $146.64 | 31.35% | Buy |
| NVMI | Nova | $194.71 | $217.00 | 11.45% | Buy |
| VECO | Veeco Instruments | $30.93 | $34.33 | 10.99% | Buy |
| PLAB | Photronics | $23.47 | $25.50 | 8.65% | Buy |
AXTI Forecast FAQ
Is AXT a good buy?
Yes, according to 4 Wall Street analysts, AXT (AXTI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of AXTI's total ratings.
What is AXTI's price target?
AXT (AXTI) average price target is $5.38 with a range of $5 to $6, implying a 142.34% from its last price of $2.22. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will AXT stock go up soon?
According to Wall Street analysts' prediction for AXTI stock, the company can go up by 142.34% (from the last price of $2.22 to the average price target of $5.38), up by 170.27% based on the highest stock price target, and up by 125.23% based on the lowest stock price target.
Can AXT stock reach $3?
AXTI's average twelve months analyst stock price target of $5.38 supports the claim that AXT can reach $3 in the near future.
What are AXT's analysts' financial forecasts?
AXT's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $101.46M (high $101.54M, low $101.27M), average EBITDA is $6.5M (high $7.31M, low $5.68M), average net income is $-2.214M (high $-1.356M, low $-3.067M), average SG&A $23.95M (high $25.27M, low $22.62M), and average EPS is $-0.203 (high $-0.198, low $-0.208). AXTI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $128.22M (high $128.32M, low $127.98M), average EBITDA is $3.94M (high $3.94M, low $3.93M), average net income is $5.99M (high $6M, low $5.98M), average SG&A $28M (high $28.02M, low $27.95M), and average EPS is $0.139 (high $0.139, low $0.139).
Did the AXTI's actual financial results beat the analysts' financial forecasts?
Based on AXT's last annual report (Dec 2023), the company's revenue was $75.8M, beating the average analysts forecast of $75.51M by 0.38%. Apple's EBITDA was $-20.257M, missing the average prediction of $5.38M by -476.62%. The company's net income was $-17.881M, beating the average estimation of $-11.909M by 50.15%. Apple's SG&A was $22.81M, beating the average forecast of $18.03M by 26.48%. Lastly, the company's EPS was $-0.42, missing the average prediction of $-0.446 by -5.76%. In terms of the last quarterly report (Dec 2023), AXT's revenue was $20.43M, beating the average analysts' forecast of $17.57M by 16.27%. The company's EBITDA was $-3.422M, missing the average prediction of $539.75K by -733.99%. AXT's net income was $-3.621M, missing the average estimation of $-5.672M by -36.16%. The company's SG&A was $5.37M, beating the average forecast of $3.84M by 39.87%. Lastly, the company's EPS was $-0.0845, missing the average prediction of $-0.132 by -35.80%