AXTI logo

AXT INC

AXTINASDAQ
πŸ† #1323 by market capEarnings Oct 29US Equity
$79.46β–² $6.12 (+7.70%)
Live
1hβ–² 0.9%
24hβ–² 7.7%
7dβ–² 15.8%
14dβ–² 115.1%
30dβ–² 57.5%
1yβ–² 3511.8%
🏦Market Cap
$5.20B
Small Cap
πŸ“ˆRevenue Growth (YoY)
-0.1%
Declining
πŸ“ŠGross Margin
21.3%
Moderate
πŸ’΅FCF Margin
1.3%
Thin
βš–οΈP/S Ratio
52.6x
Expensive
Otter Score
55
Weak

Trading Snapshot

Day Range
$78.60 – $80.17
52-Week Range
$2.05 – $143.16
Volume
$4.25B
Avg Volume
$5.42B
Shares Outstanding
65.4M
Next Earnings
Sep 19, 2026

Fundamentals Snapshot

Annual Revenue
$88M
Last Q Revenue
$48M
P/E Ratio
β€”
P/S Ratio
52.6x
EPS (TTM)
$-0.31
Dividend Yield
β€”

Why Investors Own AXTI

  • βœ“High-growth profile β€” revenue up -5.2% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 60% gross margin and 6% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$88Mβ–Ό βˆ’7.2% YoY
Gross Margin (TTM)
59.8%β–² +2.5% YoY
Operating Income (TTM)
$18Mβ–Ό βˆ’7.2% YoY
Free Cash Flow (TTM)
$6Mβ–Ό βˆ’7.2% YoY

About AXT INC

AXT, Inc. is a company dedicated to the design, development, production, and worldwide distribution of both compound and single-element semiconductor substrates. Leveraging its proprietary vertical gradient freeze technology, the firm manufactures these essential components. Its diverse product range includes indium phosphide substrates, vital for applications like data center connectivity (utilizing light and lasers), 5G communications, fiber optic lasers and detectors, passive optical networks, silicon photonics, photonic integrated circuits, terrestrial solar cells, RF amplification and switching, infrared LEDs for motion control, LiDAR in robotics and autonomous vehicles, and infrared thermal imaging. AXT also provides semi-insulating gallium arsenide (GaAs) substrates, which are critical for Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells. Furthermore, its semi-conducting GaAs substrates find use in LEDs, screen displays, printer head lasers and LEDs, 3D sensing via VCSELs, data center communication using VCSELs, sensors for industrial robotics and near-infrared applications, optical couplers, solar cells, night vision goggles, LiDAR for robotics and autonomous vehicles, and various other laser technologies such as machining, cutting, and drilling. Germanium substrates are another key offering, employed in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photovoltaic cells, infrared detectors, and as carrier wafers for LEDs. Beyond these substrates, AXT supplies high-purity materials including 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, along with pyrolytic boron nitride (pBN) crucibles and pBN insulating parts. The company distributes its products via a direct salesforce in the United States, China, and Europe, alongside independent sales representatives and distributors across Japan, Taiwan, Korea, and other international markets. Established in 1986 as American Xtal Technology, Inc., the company rebranded to AXT, Inc. in July 2000 and is headquartered in Fremont, California.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
55/100

Analyst Price Target

β“˜
Average Target
$98.81
β–² +24.4% Upside
High Target$115.82
Low Target$82.69
Based on 28 analysts

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