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 135.96% upside from AXTI’s last price of $2.28) 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 135.96% upside from AXTI's last price of $2.28.
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% | 119.30% |
| Apr 05, 2024 | David Kang | B.Riley Financial | $5.50 | $3.22 | 70.81% | 141.23% |
| Feb 23, 2024 | Matt Bryson | Wedbush | $6.00 | $3.96 | 51.71% | 163.16% |
| Feb 23, 2024 | Richard Shannon | Craig-Hallum | $3.75 | $3.86 | -2.85% | 64.47% |
| Feb 23, 2024 | David Kang | B.Riley Financial | $3.80 | $3.86 | -1.55% | 66.67% |
| Jun 16, 2023 | Charles Shi | Needham | $5.00 | $3.60 | 39.08% | 119.30% |
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 119.30% increase from AXTI last price ($2.28).
AXT Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 5 |
| Avg Price Target | - | - | $4.81 |
| Last Closing Price | $2.28 | $2.28 | $2.28 |
| Upside/Downside | -100.00% | -100.00% | 110.96% |
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 $2.28. 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Avg Forecast | $37.90M | $36.50M | $33.80M | $32.00M | $31.14M | $28.96M | $26.86M | $23.86M | $23.94M | $25.99M | $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 |
| High Forecast | $39.51M | $38.05M | $35.23M | $33.36M | $32.46M | $30.19M | $28.00M | $25.31M | $24.13M | $25.99M | $26.32M | $21.56M | $17.70M | $17.99M | $20.87M | $20.87M | $30.14M | $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 |
| Low Forecast | $36.82M | $35.46M | $32.84M | $31.09M | $30.25M | $28.14M | $26.10M | $23.01M | $23.65M | $25.98M | $26.32M | $21.56M | $17.45M | $17.88M | $19.45M | $19.45M | $28.09M | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| 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% |
AXT's average Quarter revenue forecast for Mar 24 based on 1 analysts is $21.56M, with a low forecast of $21.56M, and a high forecast of $21.56M. 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| 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 |
| Avg Forecast | $2.47M | $2.38M | $2.20M | $2.08M | $2.03M | $1.88M | $1.75M | $1.55M | $1.56M | $1.69M | $1.71M | $4.04M | $1.14M | $1.17M | $1.30M | $3.67M | $2.49M | $1.09M | $1.23M | $3.34M | $1.11M | $1.08M | $975.75K | $2.56M | $783.89K | $739.38K | $666.07K | $1.91M | $614.75K | $609.03K |
| High Forecast | $2.57M | $2.48M | $2.29M | $2.17M | $2.11M | $1.96M | $1.82M | $1.65M | $1.57M | $1.69M | $1.71M | $4.85M | $1.15M | $1.17M | $1.36M | $4.41M | $2.98M | $1.09M | $1.23M | $4.01M | $1.11M | $1.08M | $975.75K | $3.07M | $783.89K | $739.38K | $666.07K | $2.30M | $614.75K | $609.03K |
| Low Forecast | $2.40M | $2.31M | $2.14M | $2.02M | $1.97M | $1.83M | $1.70M | $1.50M | $1.54M | $1.69M | $1.71M | $3.23M | $1.14M | $1.16M | $1.27M | $2.94M | $1.99M | $1.09M | $1.23M | $2.67M | $1.11M | $1.08M | $975.75K | $2.05M | $783.89K | $739.38K | $666.07K | $1.53M | $614.75K | $609.03K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.99% | -5.27% | -3.94% | -0.85% | 0.76% | 6.91% | 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 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| 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 |
| Avg Forecast | $6.04M | $5.61M | $4.32M | $3.02M | $604.20K | $-86.31K | $-863.14K | $-1.99M | $-1.81M | $-2.57M | $-2.01M | $3.19M | $-5.68M | $-4.88M | $-4.27M | $2.90M | $2.72M | $3.76M | $3.34M | $2.64M | $2.69M | $4.52M | $3.66M | $1.51M | $1.23M | $430.92K | $-355.51K | $-288.36K | $-2.70M | $-797.20K |
| High Forecast | $6.38M | $5.92M | $4.55M | $3.19M | $637.50K | $-83.12K | $-831.23K | $-496.31K | $-1.36M | $-2.47M | $-1.93M | $3.83M | $-5.24M | $-2.85M | $-4.11M | $3.48M | $3.26M | $3.76M | $3.34M | $3.16M | $2.69M | $4.52M | $3.66M | $1.81M | $1.23M | $430.92K | $-355.51K | $-230.69K | $-2.70M | $-797.20K |
| Low Forecast | $5.82M | $5.40M | $4.16M | $2.91M | $581.86K | $-91.07K | $-910.72K | $-3.47M | $-2.27M | $-2.71M | $-2.12M | $2.55M | $-6.12M | $-5.70M | $-4.50M | $2.32M | $2.17M | $3.76M | $3.34M | $2.11M | $2.69M | $4.52M | $3.66M | $1.21M | $1.23M | $430.92K | $-355.51K | $-346.03K | $-2.70M | $-797.20K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 1.19% | 1.19% | -1.26% | 0.49% | 1.53% | 1.66% | 1.20% | 1.35% | 0.84% | 1.20% | 2.27% | 1.68% | 2.30% | -1.02% | 0.62% | 0.76% | 1.13% |
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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| 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 |
| Avg Forecast | $8.28M | $7.97M | $7.38M | $6.99M | $6.80M | $6.32M | $5.87M | $5.21M | $5.23M | $5.67M | $5.75M | $6.50M | $3.84M | $3.91M | $4.37M | $5.91M | $5.82M | $7.75M | $8.75M | $5.37M | $7.89M | $7.65M | $6.94M | $2.45M | $5.57M | $5.26M | $4.74M | $7.69M | $4.37M | $4.33M |
| High Forecast | $8.63M | $8.31M | $7.69M | $7.28M | $7.09M | $6.59M | $6.11M | $5.53M | $5.27M | $5.68M | $5.75M | $7.80M | $3.87M | $3.93M | $4.56M | $7.09M | $6.98M | $7.75M | $8.75M | $6.45M | $7.89M | $7.65M | $6.94M | $2.94M | $5.57M | $5.26M | $4.74M | $9.23M | $4.37M | $4.33M |
| Low Forecast | $8.04M | $7.74M | $7.17M | $6.79M | $6.61M | $6.14M | $5.70M | $5.03M | $5.16M | $5.67M | $5.75M | $5.20M | $3.81M | $3.91M | $4.25M | $4.73M | $4.66M | $7.75M | $8.75M | $4.30M | $7.89M | $7.65M | $6.94M | $1.96M | $5.57M | $5.26M | $4.74M | $6.15M | $4.37M | $4.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.40% | 1.45% | 1.33% | 1.01% | 1.02% | 0.85% | 0.77% | 1.20% | 0.80% | 0.85% | 0.84% | 2.27% | 0.91% | 0.88% | 1.00% | 0.62% | 1.16% | 1.10% |
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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
| 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 |
| Avg Forecast | $0.14 | $0.13 | $0.10 | $0.07 | $0.01 | $-0.00 | $-0.02 | $-0.05 | $-0.04 | $-0.06 | $-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 |
| High Forecast | $0.15 | $0.14 | $0.11 | $0.07 | $0.01 | $-0.00 | $-0.02 | $-0.01 | $-0.03 | $-0.06 | $-0.04 | $-0.08 | $-0.12 | $-0.07 | $-0.10 | $-0.10 | $0.03 | $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 |
| Low Forecast | $0.13 | $0.13 | $0.10 | $0.07 | $0.01 | $-0.00 | $-0.02 | $-0.08 | $-0.05 | $-0.06 | $-0.05 | $-0.08 | $-0.14 | $-0.13 | $-0.10 | $-0.11 | $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 |
| 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% |
According to 4 Wall Street analysts, AXT's projected average Quarter EPS for Mar 23 is $-0.10, with a low estimate of $-0.11 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 | $2.28 | $5.38 | 135.96% | Buy |
| ACLS | Axcelis | $74.83 | $174.00 | 132.53% | Buy |
| VECO | Veeco Instruments | $28.01 | $55.00 | 96.36% | Buy |
| AEHR | Aehr Test Systems | $14.54 | $25.00 | 71.94% | Buy |
| UCTT | Ultra Clean | $37.08 | $57.00 | 53.72% | Buy |
| ONTO | Onto Innovation | $172.23 | $258.33 | 49.99% | Buy |
| ICHR | Ichor | $31.73 | $45.00 | 41.82% | Buy |
| IPGP | IPG Photonics | $76.34 | $100.00 | 30.99% | Buy |
| ENTG | Entegris | $109.36 | $142.75 | 30.53% | Buy |
| KLIC | Kulicke and Soffa Industries | $49.83 | $65.00 | 30.44% | Hold |
| NVMI | Nova | $197.65 | $224.00 | 13.33% | Buy |
| COHU | Cohu | $27.41 | $30.00 | 9.45% | Buy |
| PLAB | Photronics | $26.23 | $25.50 | -2.78% | Buy |