AXT (AXTI) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.19
- Estimate
- $0.07
- Surprise
- +163.9%
- Score at report (before → after)
- 5.2 → 6.3/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
AXT (AXTI) beat the $0.07 estimate with adjusted EPS of $0.19 — a large 163.9% upside surprise. TrendMatrix's engine moved from Sell (5.2/10) to Buy (Wait) at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates AXTI Sell at 5.9/10.
3 of the last 4 quarters beat the estimate; this quarter's +163.9% surprise compares with a +82.6% four-quarter average. Next scheduled report: 2026-10-29.
What argues against it
- Concentration risk — Geographic: China
- Quality below floor (4.0 < 4.0)
- Reward/Risk 0.6:1 at current price — below 1.5:1 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $72.98
- Price target
- $79.69
- Stop
- $67.87
- Upside to target
- +9.2%
- Reward-to-risk
- 0.6:1
The stock trades at 2593.0× trailing but 34.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
AXTI at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductor Equipment & Materials
- Market cap
- $5.10B
- P/E (fwd)
- 34.6
- P/E (ttm)
- 2593.0
- 52-week range
- $4.00–$143.16
- Off 52-week high
- 49.0%
- RSI (14)
- 64
- Volume vs avg
- 0.62×
- Score today
- 5.9/10