AXTITechnology · Semiconductor Equipment & MaterialsThe 5 Wall Street analysts covering AXT, Inc. hold a median 12-month price target of $93 — +51.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 31 of 100 as at 13 Oct 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 (97): Analysts have, on balance, been raising their forecasts.
Volatility (1): The share price moves around a lot.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen 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 +51.0% from it.
Of the 20 most recent actions, 3 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 31 July 2026 | B. Riley Securities | Maintains | Neutral | $52 → $55 |
| 31 July 2026 | Needham | Upgrade | Buy | $90 |
| 28 July 2026 | B. Riley Securities | Maintains | Neutral | $73 → $52 |
| 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 | — |
| 2 May 2025 | Wedbush | Maintains | Outperform | — |
| 21 Feb 2025 | B. Riley Securities | Reiterates | Buy | — |
| 21 Feb 2025 | Needham | Reiterates | Buy | — |
| 1 Nov 2024 | Needham | Reiterates | 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.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. AXTI appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 14 Oct 2026, AXT, Inc. returned +1247.7% against +17.5% for the S&P 500, dividends included.
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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 1% of US stocks
Cheaper than 7% of US stocks
Cheaper than 22% of US stocks
Cheaper than 1% of US stocks
Higher than 95% of US stocks
Higher than 88% of US stocks
Higher than 56% of US stocks
Higher than 81% of US stocks
Higher than 56% of US stocks
Higher than 46% of US stocks
Higher than 45% 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 $4.0B and an enterprise value of $3.9B.
Revenue in the twelve months to 30 June 2026: $125.5M. The latest quarter grew 164.8% 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: 1539.8×; forward P/E: 27.4× — 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's inventory increased 18% to $96.3 million. The excerpt notes working-capital concerns alongside strong InP demand, a backlog exceeding $100 million and robust liquidity.
Why it matters — AXTI watchers may monitor whether higher inventory adds working-capital pressure in light of demand, backlog and liquidity.
Schaeffers Research published a list titled “11 Stocks Most Likely to See a Short Squeeze Rally.” The excerpt says bond yields, oil prices, and inflation rhetoric are making conditions difficult for investors heading into earnings season.
Why it matters — The provided excerpt does not explain AXTI’s inclusion or give AXTI-specific information, so it offers little detail for an AXTI watcher.
The article notes that AXTI shares rose 21% in a month, citing AI-driven InP growth, a backlog above $100 million and capacity expansion, while also highlighting valuation and China exposure as investor concerns.
Why it matters — These growth drivers and risks are central to how investors assess AXTI’s outlook.
Zacks reports that AXT has achieved record indium phosphide (InP) sales, a backlog exceeding $100 million, and is expanding capacity with multi-year deals. This positions the company to benefit from growing AI-driven optical demand.
Why it matters — AXT watchers would note that record InP sales and a substantial backlog signal strengthening demand for the company's core materials in the AI-driven optical market.
AXT, Inc. reported a transformative financial quarter, with revenue up 165% year-over-year, gross margin expanding to 45%, and a swing to $11.1M in GAAP net income, driven by surging indium phosphide demand tied to AI infrastructure and optical connectivity. The company's strong balance sheet and customer prepayments support aggressive InP capacity expansion without significant debt.
Why it matters — AXTI watchers would note the company's significant financial turnaround and margin expansion, alongside its capacity to fund inP growth from its cash position rather than debt.
The 5 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 5 analysts covering AXT, Inc., 4 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks AXT, Inc. 31 out of 100 across roughly 4,600 US stocks as at 13 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 13 Oct 2026, AXT, Inc. ranks 31 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 (97 of 100).
No one can know that. What the data says: the median 12-month target from 5 analysts implies +51.0% from the last close, and Ticker Nerd's factor model ranks AXT, Inc. 31 out of 100 as at 13 Oct 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 +1247.7% over the 12 months to 14 Oct 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 (Zacks Investment Research, 13 Oct 2026): "AXT's Inventory Rises Sharply: Will Working Capital Pressure Grow?". AXT's inventory increased 18% to $96.3 million. The excerpt notes working-capital concerns alongside strong InP demand, a backlog exceeding $100 million and robust liquidity.
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
