AXT Inc. Crosses Above Analyst Target Price of $18.12, Reaching $18.54/Share

AXT Inc. (AXTI) has surpassed the average analyst 12-month target price of $18.12, trading at $18.54/share. Analysts have varying target prices, including one at $8.50 and another at $26.00, with a standard deviation of $7.261. The average rating is 2.0 out of 5, indicating a mix of strong buy and hold ratings. Investors should assess the company's fundamentals and decide if the valuation is stretched or if there is room for further growth.