AXT (NASDAQ:AXTI) Releases Q2 2026 Earnings Guidance
by Amy Steele · The Cerbat GemAXT (NASDAQ:AXTI – Get Free Report) 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 Price Performance
Shares of NASDAQ:AXTI traded up $16.78 during trading on Friday, reaching $96.00. The company had a trading volume of 19,934,142 shares, compared to its average volume of 10,573,467. The firm has a market capitalization of $6.28 billion, a price-to-earnings ratio of -200.00 and a beta of 1.51. The stock’s fifty day moving average price is $55.58 and its 200 day moving average price is $28.83. AXT has a fifty-two week low of $1.23 and a fifty-two week high of $96.32.
AXT (NASDAQ:AXTI – Get Free Report) last released its earnings results on Thursday, April 30th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.01. The business had revenue of $26.92 million for the quarter, compared to analyst estimates of $26.22 million. AXT had a negative return on equity of 9.50% and a negative net margin of 24.07%.AXT has set its Q2 2026 guidance at 0.060-0.080 EPS. On average, equities analysts anticipate that AXT will post -0.01 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. Wall Street Zen raised AXT from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Needham & Company LLC lowered AXT from a “buy” rating to a “hold” rating in a report on Tuesday, January 20th. Wedbush upped their price objective on AXT from $8.50 to $28.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. UBS Group set a $35.00 price objective on AXT in a report on Tuesday, February 17th. Finally, B. Riley Financial upped their price objective on AXT to $21.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $22.80.
Read Our Latest Stock Report on AXT
Insiders Place Their Bets
In other AXT news, CEO Morris S. Young sold 37,905 shares of the business’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $51.13, for a total transaction of $1,938,082.65. Following the sale, the chief executive officer directly owned 2,275,328 shares in the company, valued at approximately $116,337,520.64. The trade was a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David C. Chang sold 20,000 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $46.00, for a total value of $920,000.00. Following the sale, the director owned 72,744 shares in the company, valued at approximately $3,346,224. The trade was a 21.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 502,278 shares of company stock worth $21,196,754. 5.97% of the stock is owned by corporate insiders.
Key AXT News
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 Trading of AXT
A number of institutional investors have recently bought and sold shares of the company. Alyeska Investment Group L.P. purchased a new stake in shares of AXT in the fourth quarter valued at $20,187,000. Jane Street Group LLC lifted its position in shares of AXT by 1,314.6% in the fourth quarter. Jane Street Group LLC now owns 904,599 shares of the semiconductor company’s stock valued at $14,790,000 after acquiring an additional 840,650 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of AXT by 10.0% in the fourth quarter. Geode Capital Management LLC now owns 492,330 shares of the semiconductor company’s stock valued at $8,054,000 after acquiring an additional 44,632 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of AXT by 339.6% in the third quarter. Citadel Advisors LLC now owns 405,978 shares of the semiconductor company’s stock valued at $1,823,000 after acquiring an additional 313,618 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its position in shares of AXT by 2.8% in the first quarter. Acadian Asset Management LLC now owns 293,818 shares of the semiconductor company’s stock valued at $412,000 after acquiring an additional 8,039 shares in the last quarter. 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.