AXT, Inc. Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for AXT, Inc. stock have an average target of 24.5, with a low estimate of 21 and a high estimate of 28. The average target predicts a decrease of -24.31% from the current stock price of 32.37.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$21	$24.5	$28	$28
Change	-35.13%	-24.31%	-13.50%	-13.50%

Analyst Ratings

The average analyst rating for AXT, Inc. stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	2	2	2	2	0	0
Buy	2	2	2	2	1	1
Hold	0	0	0	0	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dave Kang B. Riley Securities	B. Riley Securities	Hold Maintains $18 → $21	Hold	Maintains	$18 → $21	-35.13%	Feb 20, 2026
Matt Bryson Wedbush	Wedbush	Buy Maintains $8.5 → $28	Buy	Maintains	$8.5 → $28	-13.50%	Feb 20, 2026
Charles Shi Needham	Needham	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jan 20, 2026
Dave Kang B. Riley Securities	B. Riley Securities	Strong Buy → Hold Downgrades $9 → $18	Strong Buy → Hold	Downgrades	$9 → $18	-44.39%	Jan 9, 2026
Dave Kang B. Riley Securities	B. Riley Securities	Strong Buy Maintains $4 → $9	Strong Buy	Maintains	$4 → $9	-72.20%	Oct 31, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

127.81M

from 88.33M

44.70%

from 88.33M

Revenue Next Year

181.79M

from 127.81M

42.23%

from 127.81M

EPS This Year

-0.02

from -0.49

EPS Next Year

0.27

from -0.02

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	137.39M	141.12M	75.80M	99.36M	88.33M	127.81M	181.79M
Revenue Growth	44.08%	2.71%	-46.29%	31.09%	-11.11%	44.70%	42.23%
EPS	0.34	0.37	-0.42	-0.27	-0.49	-0.02	0.27
EPS Growth	385.71%	8.82%	-	-	-	-	-
Forward PE	-	-	-	-	-	-	120.21
No. Analysts	-	-	-	-	-	7	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	138.5M	233.6M
Avg	127.8M	181.8M
Low	117.9M	151.8M

Revenue Growth

Revenue Growth	2026	2027
High	56.8%	82.8%
Avg	44.7%	42.2%
Low	33.5%	18.8%

EPS Forecast

EPS	2026	2027
High	0.01	0.33
Avg	-0.02	0.27
Low	-0.07	0.21

EPS Growth

EPS Growth	2026	2027
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.