AXTI trades 29.8% above Wall Street's consensus target of $59.40.
Last 12 months price action with 12-month analyst target path
The base valuation assumes AXTI achieves its forward estimates and maintains a stable P/E multiple of 340.6x. This scenario reflects the blended consensus of 11 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 21, 2026, AXT, Inc. (AXTI) has a Wall Street consensus price target of $59.40, based on estimates from 11 covering analysts. With the stock currently trading at $84.57, this represents a potential downside of -29.8%. The company has a market capitalization of $3.72B.
Analyst price targets range from a low of $18.00 to a high of $125.00, representing a 180% spread in expectations. The median target of $35.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 7 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, AXTI trades at a trailing P/E of -172.6x and forward P/E of 340.6x. Analysts expect EPS to grow +152.2% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
COHUCohu, Inc. | $3.3B | $69.40 | $49.75 | -28.3% | Buy | 119.3x | 14 |
MTSIMACOM Technology Solutions Holdings, Inc. | $29.9B | $391.41 | $360.89 | -7.8% | Buy | 77.9x | 24 |
SWKSSkyworks Solutions, Inc. | $10.9B | $72.45 | $72.30 | -0.2% | Buy | 14.5x | 60 |
QRVOQorvo, Inc. | $9.1B | $98.42 | $88.86 | -9.7% | Hold | 15.1x | 42 |
LITELumentum Holdings Inc. | $60.7B | $850.00 | $985.82 | +16.0% | Buy | 103.7x | 25 |
OLEDUniversal Display Corporation | $4.2B | $88.94 | $141.00 | +58.5% | Buy | 20.9x | 19 |
AEHRAehr Test Systems | $3.5B | $115.30 | $62.00 | -46.2% | Hold | — | 3 |
INTCIntel Corporation | $672.8B | $133.99 | $89.08 | -33.5% | Hold | 123.6x | 84 |
AVGOBroadcom Inc. | $2.0T | $411.35 | $498.19 | +21.1% | Buy | 35.5x | 58 |
AAPLApple Inc. | $4.4T | $298.01 | $326.47 | +9.6% | Buy | 34.0x | 110 |
Quick answers to the most common questions about buying AXTI stock.
AXTI's consensus price target is $59.4, -29.8% below the current price of $84.57. The 11 analysts tracking AXTI see downside risk at present valuations.
AXTI has a consensus rating of "Buy" based on 11 Wall Street analysts. The rating breakdown is predominantly bullish, with 7 Buy/Strong Buy ratings. The consensus 12-month price target of $59.4 implies -29.8% downside from current levels.
At a forward P/E of 340.5961x, AXTI trades at a premium valuation. The consensus price target of $59.4 (-29.8% downside) suggests analysts may view current valuations as stretched.
The most bullish Wall Street analyst has a price target of $125 for AXTI, while the most conservative target is $18. The consensus of $59.4 represents the median expectation. These targets typically reflect 12-month expectations.
AXTI is moderately covered, with 11 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month AXTI stock forecast based on 11 Wall Street analysts shows a consensus price target of $59.4, with estimates ranging from $18 (bear case) to $125 (bull case). The median consensus rating is "Buy".
AXTI trades at a forward P/E ratio of 340.6x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on AXTI, with 0 Sell ratings and a price target of $59.4 (-29.8% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
AXTI analyst price targets range from $18 to $125, a 180% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $59.4 consensus represents the middle ground.
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