The average one-year price target for AXT (NasdaqGS:AXTI) has been revised to $89.50 / share. This is an increase of 88.30% from the prior estimate of $47.53 dated April 25, 2026.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $73.73 to a high of $99.75 / share. The average price target represents a decrease of 26.60% from the latest reported closing price of $121.94 / share.
What is the Fund Sentiment?
There are 173 funds or institutions reporting positions in AXT. This is an increase of 71 owner(s) or 69.61% in the last quarter. Average portfolio weight of all funds dedicated to AXTI is 0.42%, an increase of 172.57%. Total shares owned by institutions increased in the last three months by 106.14% to 35,672K shares. 
The put/call ratio of AXTI is 0.83, indicating a bullish outlook.
What are Other Shareholders Doing?
Davidson Kempner Capital Management holds 2,735K shares representing 4.18% ownership of the company.
Jane Street Group holds 2,426K shares representing 3.71% ownership of the company. In its prior filing, the firm reported owning 905K shares , representing an increase of 62.72%. The firm increased its portfolio allocation in AXTI by 696.29% over the last quarter.
Vanguard Capital Management holds 2,278K shares representing 3.48% ownership of the company.
Hood River Capital Management holds 2,012K shares representing 3.08% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
Point72 Asset Management holds 1,516K shares representing 2.32% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
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