AXT IncAXTI
AXTI
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
389% more call options, than puts
Call options by funds: $215K | Put options by funds: $44K
7.81% less ownership
Funds ownership: 51.7% [Q2] → 43.89% (-7.81%) [Q3]
11% less funds holding
Funds holding: 92 [Q2] → 82 (-10) [Q3]
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
39% less capital invested
Capital invested by funds: $77.6M [Q2] → $47.4M (-$30.2M) [Q3]
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5
145%
upside
Avg. target
$5
145%
upside
High target
$5
145%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Northland Capital Markets Tim Savageaux 46% 1-year accuracy 12 / 26 met price target | 145%upside $5 | Outperform Maintained | 1 Nov 2024 |
Needham Charles Shi 33% 1-year accuracy 26 / 78 met price target | 145%upside $5 | Buy Reiterated | 1 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
AXT, Inc. to Present at the 27th Annual Needham Growth Conference
FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that AXT will present at the 27th Annual Needham Growth Conference in New York on Tuesday, Jan. 14th, 2025 at 2:15 p.m. ET. A webcast of the presentation will be available through the investor relations portion of the company's website at www.axt.com. About AXT, Inc. AXT is a material science company that develops and manufactures high-performance compound and.
Neutral
Seeking Alpha
2 months ago
AXT, Inc. (AXTI) Q3 2024 Earnings Call Transcript
AXT, Inc. (NASDAQ:AXTI ) Q3 2024 Earnings Call Transcript October 31, 2024 4:30 PM ET Company Participants Leslie Green - Investor Relations, Green Communications Consulting, LLC Morris Young - Chief Executive Officer Gary Fischer - Chief Financial Officer Tim Bettles - Vice President of Business Development Conference Call Participants Richard Shannon - Craig Hallum Operator Good afternoon, everyone. And welcome to AXT's Third Quarter 2024 Financial Conference Call.
Negative
Zacks Investment Research
2 months ago
AXT (AXTI) Reports Q3 Loss, Lags Revenue Estimates
AXT (AXTI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.12 per share a year ago.
Neutral
Business Wire
2 months ago
AXT, Inc. Announces Third Quarter 2024 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the third quarter, ended September 30, 2024. Management Qualitative Comments “Q3 came in largely in line with our expectations, coming off a strong quarter in Q2,” said Morris Young, chief executive officer. “By comparison to the year ago quarter Q3 2023, our revenue in Q3 of 2024 increased over 36 percent and we are pleased to see.
Positive
Seeking Alpha
2 months ago
AXT, Inc.: Not Getting The Recognition It Deserves
AXT, Inc. came close to multi-year lows last September after a selloff following guidance, but history suggests that might have been a good entry point. Guidance suggests AXTI will grow slower, at least in the short term, but there is nonetheless much more to remain upbeat about. There have been setbacks, including in terms of AI, but AXTI is still growing and on pace to get back to earning a profit as soon as next year.
Neutral
Business Wire
3 months ago
AXT, Inc. Schedules Third Quarter 2024 Earnings Release for Oct. 31, 2024
FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the third quarter 2024 in a press release immediately following the close of market on Oct. 31, 2024. The company will also host a conference call to discuss these results on Oct. 31, 2024 at 1:30 p.m. PT. The conference call can be accessed at (800) 715-9871 (passcode 4378083). The call will also be simulcast at www.axt.com. Replays.
Positive
24/7 Wall Street
3 months ago
7 AI Penny Stocks to Watch in October
If you're considering an investment in penny stocks, you should consider looking into those in markets with a lot of room for innovation.
Neutral
GlobeNewsWire
4 months ago
AXT ALERT: Bragar Eagel & Squire, P.C. is Investigating AXT, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against AXT, Inc. (NASDAQ: AXTI) on behalf of long-term stockholders following a class action complaint that was filed against AXT on May 6, 2024 with a Class Period from March 24, 2021 to April 3, 2024. Our investigation concerns whether the board of directors of AXT have breached their fiduciary duties to the company.
Neutral
Business Wire
4 months ago
AXT, Inc. Announces Financial Conference Participation for the Third Quarter 2024
FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it will participate in the upcoming financial conferences: Jefferies Semiconductor, IT Hardware & Communications Technology Conference on August 27, 2024 in Chicago, IL Evercore ISI Semiconductor, IT Hardware & Networking Conference on August 28, 2024 in Chicago, IL About AXT, Inc. AXT is a material science company that develops and manufactures h.
Positive
Zacks Investment Research
5 months ago
AXT (AXTI) Upgraded to Buy: What Does It Mean for the Stock?
AXT (AXTI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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