| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/28/2022 | 33.04% | Needham | $9 → $6 | Maintains | Buy |
| 10/06/2022 | 166.08% | BWS Financial | $20 → $12 | Maintains | Buy |
| 10/04/2022 | 121.73% | Northland Capital Markets | $12 → $10 | Maintains | Outperform |
| 10/04/2022 | 44.12% | B. Riley Securities | $8 → $6.5 | Maintains | Neutral |
| 07/29/2022 | 99.56% | Needham | $8 → $9 | Maintains | Buy |
| 06/27/2022 | 77.38% | Needham | → $8 | Initiates Coverage On | → Buy |
| 11/04/2021 | 143.9% | Wedbush | → $11 | Initiates Coverage On | → Outperform |
| 02/19/2021 | 343.46% | BWS Financial | $14 → $20 | Maintains | Buy |
| 11/17/2020 | 210.42% | BWS Financial | $10 → $14 | Maintains | Buy |
| 10/06/2020 | 46.34% | B. Riley Securities | → $6.6 | Downgrades | Buy → Neutral |
| 04/23/2020 | 30.82% | B. Riley Securities | $5.4 → $5.9 | Maintains | Buy |
| 02/20/2020 | 19.73% | B. Riley Securities | $4.7 → $5.4 | Reiterates | → Buy |
| 11/01/2018 | 88.47% | B. Riley Securities | $10 → $8.5 | Maintains | Buy |
| 07/20/2018 | 121.73% | B. Riley Securities | $9 → $10 | Maintains | Buy |
| 04/17/2018 | — | B. Riley Securities | Upgrades | Neutral → Buy | |
| 02/22/2018 | 82.93% | B. Riley Securities | $8.75 → $8.25 | Maintains | Neutral |
AXT Questions & Answers
The latest price target for AXT (NASDAQ: AXTI) was reported by Needham on October 28, 2022. The analyst firm set a price target for $6.00 expecting AXTI to rise to within 12 months (a possible 33.04% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for AXT (NASDAQ: AXTI) was provided by Needham, and AXT maintained their buy rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of AXT, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for AXT was filed on October 28, 2022 so you should expect the next rating to be made available sometime around October 28, 2023.
While ratings are subjective and will change, the latest AXT (AXTI) rating was a maintained with a price target of $9.00 to $6.00. The current price AXT (AXTI) is trading at is $4.51, which is out of the analyst's predicted range.