In the preceding three months, 10 analysts have released ratings for AXT (NASDAQ:AXTI), presenting a wide array of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
7
3
0
0
0
Last 30D
1
1
0
0
0
1M Ago
3
1
0
0
0
2M Ago
0
0
0
0
0
3M Ago
3
1
0
0
0
Analysts have set 12-month price targets for AXT, revealing an average target of $5.11, a high estimate of $6.00, and a low estimate of $3.75. This current average has increased by 40.38% from the previous average price target of $3.64.
Exploring Analyst Ratings: An In-Depth Overview
The standing of AXT among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Matt Bryson
Wedbush
Maintains
Outperform
$6.00
-
Charles Shi
Needham
Maintains
Buy
$5.00
-
Richard Shannon
Craig-Hallum
Raises
Buy
$5.00
$3.75
Charles Shi
Needham
Maintains
Buy
$5.00
-
Matt Bryson
Wedbush
Maintains
Outperform
$6.00
$6.00
Dave Kang
B. Riley Securities
Raises
Buy
$5.50
$3.80
Richard Shannon
Craig-Hallum
Raises
Buy
$3.75
$2.25
Matt Bryson
Wedbush
Maintains
Outperform
$6.00
-
Charles Shi
Needham
Maintains
Buy
$5.00
-
Dave Kang
B. Riley Securities
Raises
Buy
$3.80
$2.40
Key Insights:
Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to AXT. This information provides a snapshot of how analysts perceive the ...Full story available on Benzinga.com
Benzinga
