AXTITechnology · Semiconductor Equipment & MaterialsThe 6 Wall Street analysts covering AXT, Inc. hold a median 12-month price target of $93 — +95.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 36 of 100 as at 3 Nov 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores AXT, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (100): Analysts have, on balance, been raising their forecasts.
Value (1): The shares cost a lot relative to the profits and assets behind them.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on AXTI, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +95.8% from it.
Of the 20 most recent actions, 4 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 30 Oct 2026 | B. Riley Securities | Maintains | Neutral | $55 → $56 |
| 31 July 2026 | B. Riley Securities | Maintains | Neutral | — |
| 31 July 2026 | B. Riley Securities | Maintains | Neutral | $52 → $55 |
| 31 July 2026 | Needham | Upgrade | Buy | $90 |
| 31 July 2026 | Needham | Upgrade | Buy | — |
| 28 July 2026 | B. Riley Securities | Maintains | Neutral | $73 → $52 |
| 28 July 2026 | B. Riley Securities | Maintains | Neutral | — |
| 1 May 2026 | Wedbush | Maintains | Outperform | — |
| 1 May 2026 | Wedbush | Maintains | Outperform | $80 → $93 |
| 29 Apr 2026 | Wedbush | Maintains | Outperform | — |
| 29 Apr 2026 | Wedbush | Maintains | Outperform | $28 → $80 |
| 20 Feb 2026 | B. Riley Securities | Maintains | Neutral | — |
| 20 Feb 2026 | Wedbush | Maintains | Outperform | — |
| 20 Jan 2026 | Needham | Downgrade | Hold | — |
| 9 Jan 2026 | B. Riley Securities | Downgrade | Neutral | — |
| 31 Oct 2025 | B. Riley Securities | Maintains | Buy | — |
| 31 Oct 2025 | Needham | Maintains | Buy | — |
| 1 Aug 2025 | Wedbush | Maintains | Outperform | — |
| 10 July 2025 | B. Riley Securities | Maintains | Buy | — |
| 2 May 2025 | B. Riley Securities | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
AXTI appears in the Radar on the weeks it earns a place.
AI cloud capacity
MSFTAMZNGOOGLORCL
AI chips
NVDAAVGOAMDMU
AI networking and serversIn full
ANETDELLLITECRDO
Data centre power
VRTCEGGEVVST
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, AXT, Inc. returned +456.2% against +12.9% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 7% of US stocks
Cheaper than 8% of US stocks
Cheaper than 26% of US stocks
Cheaper than 3% of US stocks
Higher than 95% of US stocks
Higher than 88% of US stocks
Higher than 56% of US stocks
Higher than 91% of US stocks
Higher than 81% of US stocks
Higher than 55% of US stocks
Higher than 63% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
AXT, Inc. has a market value of $3.1B and an enterprise value of $3.0B.
Revenue in the twelve months to 30 June 2026: $125.5M. The latest quarter grew 162.6% year on year.
Net income over the same four quarters: $6.0M, a 4.8% net margin.
Diluted earnings per share, trailing twelve months: $0.02.
Free cash flow in the twelve months to 30 June 2026: −$19.6M.
Trailing P/E: 97.0×; forward P/E: 18.7× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
AXT, Inc. employs 1,541 people — $81K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own AXT, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
AXT reported record revenue and improved net income for Q3 2026, citing high demand for indium phosphide in AI datacenter applications. It has multiple supply agreements and is increasing production capacity.
Why it matters — AXTI watchers may note the reported demand, supply agreements, and capacity expansion tied to the company's AI datacenter business.
AXT reported a Q3 earnings beat, a backlog exceeding $500 million, and surging AI-driven indium phosphide demand. The company is expanding capacity and expressed stronger expectations for Q4.
Why it matters — The backlog, demand trends, capacity expansion, and Q4 expectations are key details for AXTI watchers assessing the company’s business outlook.
AXT reported Q3 earnings above estimates, with AI-driven indium phosphide (InP) sales reaching a record. Revenue rose 162%, and non-GAAP gross margin was 56.1%.
Why it matters — The record InP sales and margin gains are key operating results for AXTI watchers to note.
Seeking Alpha published a transcript of AXT, Inc.’s Q3 2026 earnings call. The excerpt provides no details about the call’s discussion or results.
Why it matters — AXTI watchers can note the availability of the quarterly earnings-call transcript, though the excerpt does not describe its contents.
AXT reported quarterly earnings of $0.41 per share, above the Zacks Consensus Estimate of $0.31. This compares with a loss of $0.03 per share in the year-ago quarter.
Why it matters — AXTI watchers may note the reported earnings exceeded the consensus estimate and improved from a year-ago loss.
The 6 Wall Street analysts covering AXT, Inc. have a median 12-month price target of $93, with estimates ranging from $55 to $125. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 6 analysts covering AXT, Inc., 5 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks AXT, Inc. 36 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 3 Nov 2026, AXT, Inc. ranks 36 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (100 of 100).
No one can know that. What the data says: the median 12-month target from 6 analysts implies +95.8% from the last close, and Ticker Nerd's factor model ranks AXT, Inc. 36 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering AXT, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AXTI are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $55 to $125 over the next 12 months.
AXT, Inc. returned +456.2% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
AXT Inc. is a material science company that develops, manufactures, and distributes high-performance semiconductor wafer substrates.
The most recent item we track (Seeking Alpha, 4 Nov 2026): "What AI Bubble? AXT Reports Record Q3 Revenue And Positive Forward Outlook (Rating Downgrade)". AXT reported record revenue and improved net income for Q3 2026, citing high demand for indium phosphide in AI datacenter applications. It has multiple supply agreements and is increasing production capacity.
AXT Inc. is a material science company that develops, manufactures, and distributes high-performance semiconductor wafer substrates. The company’s core products include compound and single element substrates made from indium phosphide, gallium arsenide, and germanium, which serve as critical building blocks for advanced electronic and optoelectronic devices. These materials are used in applications such as data communications, fiber optic systems, wireless infrastructure, consumer electronics, photonics, and other high-speed connectivity solutions. AXT Inc. also supplies specialty material substrates and raw materials used in the production of wafers and related components. With operations centered in Fremont, California, the company plays a specialized role in the semiconductor materials market by providing foundational substrates that support performance-intensive technologies across communications, computing, and sensing industries.
CEO Dr. Morris S. Young Ph.D. · 1,541 employees · United States · https://www.axt.com
