AXTI stock is currently trading at $2.11, showing a slight upward trend with a pre-market increase of +2.86% and a regular market gain of +0.48%. The bullish view stems from improving EPS estimates, which are projected at -$0.06, a 50% improvement year-over-year, indicating potential recovery. Institutional activity is mixed, with 33 investors increasing positions and 46 reducing, suggesting cautious optimism.