AXT (NASDAQ:AXTI) Releases Q2 2026 Earnings Guidance

AXT (NASDAQ:AXTI) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.060-0.080 for the period, compared to the consensus estimate of -0.010. The company issued revenue guidance of $34.0 million-$34.0 million, compared to the consensus revenue estimate of $30.3 million.

AXT Stock Performance

NASDAQ:AXTI traded up $16.78 on Friday, hitting $96.00. The stock had a trading volume of 19,934,142 shares, compared to its average volume of 12,949,367. The stock has a market cap of $6.28 billion, a P/E ratio of -200.00 and a beta of 1.51. AXT has a 1 year low of $1.23 and a 1 year high of $96.32. The firm’s fifty day simple moving average is $55.58 and its two-hundred day simple moving average is $28.83.

AXT (NASDAQ:AXTI) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.03. AXT had a negative net margin of 14.69% and a negative return on equity of 6.11%. The company had revenue of $26.92 million during the quarter, compared to analyst estimates of $26.22 million. AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. Equities research analysts predict that AXT will post -0.01 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AXTI. Craig Hallum restated a “buy” rating on shares of AXT in a research note on Friday, January 9th. UBS Group set a $35.00 price target on shares of AXT in a research note on Tuesday, February 17th. Needham & Company LLC lowered shares of AXT from a “buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Wall Street Zen upgraded shares of AXT from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Wedbush raised their price target on shares of AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, AXT has a consensus rating of “Hold” and an average target price of $22.80.

Insider Activity at AXT

In related news, CEO Morris S. Young sold 159,536 shares of AXT stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $43.32, for a total value of $6,911,099.52. Following the completion of the transaction, the chief executive officer directly owned 2,482,038 shares in the company, valued at approximately $107,521,886.16. The trade was a 6.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David C. Chang sold 20,000 shares of AXT stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $38.53, for a total transaction of $770,600.00. Following the completion of the transaction, the director owned 112,744 shares of the company’s stock, valued at $4,344,026.32. This represents a 15.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 502,278 shares of company stock worth $21,196,754. Corporate insiders own 5.97% of the company’s stock.

AXT News Summary

Here are the key news stories impacting AXT this week:

• Positive Sentiment: AXT issued bullish Q2 guidance — management set EPS guidance of $0.06–$0.08 and revenue guidance around $34M, well above consensus, giving investors a near-term profit and revenue outlook upgrade. Press Release
• Positive Sentiment: Q1 results beat estimates on both EPS and revenue: revenue grew ~39% YoY to ~$26.9M and GAAP EPS was a smaller-than-expected loss, which supports the upbeat guidance. Earnings Summary
• Positive Sentiment: AXT completed a large equity capital raise (~$550M–$632.5M in recent filings/offering) to fund Tongmei’s indium-phosphide capacity expansion and R&D — provides cash for growth initiatives that could drive longer-term revenue expansion. Offering Coverage
• Neutral Sentiment: Institutional activity and analyst views are mixed — several hedge funds added large positions recently, while analyst price targets vary widely (e.g., Wedbush $80 vs B. Riley $21), contributing to volatile sentiment. Institutional Activity
• Neutral Sentiment: Unusual options activity (spike in put volume) and pre-earnings positioning increased trading volatility—this can amplify moves in either direction. (reported market activity)
• Negative Sentiment: Significant insider selling has been reported (multiple insiders selling large blocks over recent months), which investors may view as a red flag on near-term insider confidence. Insider Trades
• Negative Sentiment: Company remains unprofitable on a GAAP basis with negative margins/ROE, so execution risk and margin recovery will be critical to sustain the rally. Earnings Detail

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. State of Wyoming purchased a new position in AXT in the 4th quarter valued at approximately $69,000. Kestra Advisory Services LLC purchased a new position in AXT in the 4th quarter valued at approximately $98,000. Algert Global LLC boosted its holdings in AXT by 31.9% in the 3rd quarter. Algert Global LLC now owns 28,800 shares of the semiconductor company’s stock valued at $129,000 after purchasing an additional 6,970 shares during the period. Acadian Asset Management LLC boosted its holdings in AXT by 2.8% in the 1st quarter. Acadian Asset Management LLC now owns 293,818 shares of the semiconductor company’s stock valued at $412,000 after purchasing an additional 8,039 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in AXT by 1,071.5% in the 4th quarter. Osaic Holdings Inc. now owns 11,012 shares of the semiconductor company’s stock valued at $180,000 after purchasing an additional 10,072 shares during the period. 49.52% of the stock is currently owned by hedge funds and other institutional investors.

About AXT

AXT, Inc (NASDAQ: AXTI) is a global supplier of compound and single-element semiconductor substrates, offering a range of materials critical for high-performance electronic and optoelectronic devices. Founded in 1986 and headquartered in Fremont, California, AXT specializes in the development, manufacture and distribution of wafers composed of gallium arsenide (GaAs), indium phosphide (InP), gallium nitride (GaN) and other compound semiconductor materials. These substrates serve as the foundational platforms for devices used in data communications, wireless infrastructure, advanced computing, consumer electronics and photovoltaic applications.

AXT’s product portfolio encompasses a variety of wafer sizes, dopant concentrations and crystal orientations, tailored to meet the precise specifications of its customers.