Axt Stock News

FREMONT, Calif., Feb. 07, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI ), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2021 and fiscal year 2021 in a press release immediately following the close of market on February 16, 2022.

FREMONT, Calif., Feb. 07, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2

After losing some value lately, a hammer chart pattern has been formed for AXT (AXTI), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions,

AXT (AXTI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

AXT (AXTI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The mean of analysts' price targets for AXT (AXTI) points to a 65.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in

The mean of analysts' price targets for AXT (AXTI) points to a 65.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in

FREMONT, Calif., Jan. 11, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrate wafers, today announced Morris Young, chief executive office

FREMONT, Calif., Jan. 10, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NASDAQ: AXTI ), a leading manufacturer of compound semiconductor substrate wafers, today announced that its wafer manufacturing subsidiary in China, Beijing Tongmei Xtal Technology Co., Ltd. ("Tongmei"), has submitted to the Shanghai Stock Exchange, and the Shanghai Stock Exchange has accepted for review, a formal application to list Tongmei''s shares in an initial public offering ("IPO") on the Shanghai Stock Exchange''s Sci-Tech innovAtion boaRd (the "STAR Market"). "This is a significant achievement and an important milestone for AXT," said Morris Young, chief executive officer. "We founded Tongmei back in 1998. Since then, it has grown into a company that is engaged in the research, development, production and sale of InP substrates, GaAs substrates, germanium substrates, PBN and other high-purity materials, which we believe makes it an attractive offering on the STAR Market. With success in our addressed markets, strong customer traction, and a number of new applications coming to market this year and beyond, we have significant momentum building in our business.

Company Also Increases Fourth Quarter 2021 Revenue Guidance Company Also Increases Fourth Quarter 2021 Revenue Guidance

Shares of AXT, Inc. (NASDAQ:AXTI) have earned an average rating of Buy from the six analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 1 []

Parametric Portfolio Associates LLC boosted its holdings in AXT, Inc. (NASDAQ:AXTI) by 7.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 64,834 shares of the semiconductor companys stock after acquiring an additional 4,635 shares during the quarter. Parametric Portfolio Associates LLCs holdings in AXT were worth $712,000 as of its most recent SEC filing. [] The post Parametric Portfolio Associates LLC Has $712,000 Position in AXT, Inc. (NASDAQ:AXTI) appeared first on ETF Daily News .

Equities research analysts forecast that AXT, Inc. (NASDAQ:AXTI) will report $35.25 million in sales for the current quarter, Zacks reports. Four analysts have issued estimates for AXTs earnings, with the highest sales estimate coming in at $35.73 million and the lowest estimate coming in at $34.96 million. AXT reported sales of $27.04 million during the []

AXT, Inc. (NASDAQ:AXTI) has earned an average rating of Buy from the six research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 12 month target []

Analysts predict that AXT, Inc. (NASDAQ:AXTI) will post earnings of $0.06 per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for AXTs earnings, with estimates ranging from $0.05 to $0.07. AXT posted earnings of $0.05 per share during the same quarter last year, which would suggest a positive []