AXTI stock icon

AXT Inc
AXTI

$3.63
0.55%
 

About: AXT Inc is a developer and producer of compound and single-element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.

Employees: 999

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 124 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

121% more capital invested

Capital invested by funds: $52.8M [Q4 2023] → $117M (+$63.7M) [Q1 2024]

47% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 17

43% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 23

31% more call options, than puts

Call options by funds: $732K | Put options by funds: $557K

9% more funds holding

Funds holding: 88 [Q4 2023] → 96 (+8) [Q1 2024]

8.27% more ownership

Funds ownership: 50.36% [Q4 2023] → 58.63% (+8.27%) [Q1 2024]

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$3.75
3%
upside
Avg. target
$5.11
41%
upside
High target
$6
65%
upside

10 analyst ratings

10 positive
100%
neutral
0%
negative
0%
Wedbush
Matt Bryson
65%upside
$6
Outperform
Reiterated
3 May 2024
Needham
Charles Shi
38%upside
$5
Buy
Reiterated
3 May 2024
Craig-Hallum
Richard Shannon
38%upside
$5
Buy
Maintained
9 Apr 2024
Needham
Charles Shi
38%upside
$5
Buy
Reiterated
9 Apr 2024
Wedbush
Matt Bryson
65%upside
$6
Outperform
Maintained
8 Apr 2024

Financial journalist opinion

Based on 124 articles about AXTI published over the past 30 days