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AXTIAXTI

$46.32

+8.42
arrow_drop_up22.22%
Market closed·update02 Mar 2026 21:00

$46.85

+0.53
arrow_drop_up1.14%
Post-market·update03 Mar 2026 00:59
Day's Range
39.3-47.0296
52-week Range
1.13-47.0296

Chart

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Performance

Key Stats

Next Earnings Date2026-02-19
Next Earnings TimeAfter Market Close
Volume12.82M
Average Volume 30d6.73M

AI AXTI Summary

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1.6
Valuation (P/S Ratio)
Current price to sales ratio based on TTM.
📉
-0.42
EPS (TTM)
Earnings per share (trailing twelve months) indicating recent profitability.
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AI Scoreboard

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Overall Analysis

Buy
78

AXT, Inc. shows a promising combination of strong analyst ratings and positive technical indicators, suggesting potential for growth. However, recent financial performance indicates a need for careful consideration of its profitability trends and valuation.

Very Strong

Thematic

85

AXT is well-positioned to benefit from growth in sectors like AI, data centers, and 5G, which rely heavily on advanced semiconductor substrates.

Neutral

Fundamental

65

AXT has shown revenue growth, but has been unprofitable in recent periods, with a mixed outlook on profitability and valuation. Its balance sheet health appears adequate, with manageable debt levels.

Bullish

Technical

75

Technical indicators suggest a bullish trend, with most moving averages indicating buying opportunities. However, some oscillators are neutral to mixed, warranting a cautious approach.

FactorScore
Semiconductor Substrate Demand (AI, Data Centers, 5G)90
Market Position85
Innovation Focus80
FactorScore
Valuation50
Profitability30
Growth75
Balance Sheet Health70
Cash Flow40
FactorScore
Trend Analysis85
Momentum65
Volume Confirmation70
Support & Resistance70

AI Investing Checklist

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Bullish Points (6)

Valuation chevron_right

Improving Price-to-Sales Ratio

The Price-to-Sales (P/S) ratio of 1.0 (TTM) is at its lowest point in the last five years, suggesting the stock may be undervalued relative to its revenue generation.

Growth and Profitability chevron_right

Positive Net Income Trend in 2022

The company achieved a positive Net Income of $15.81M in 2022, a significant improvement from the losses in the preceding and subsequent periods, indicating potential for operational recovery.

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Bearish Points (8)

Earnings Performance chevron_right

Consistent Net Losses

The company has reported net losses in the trailing twelve months (TTM) (-$16.82M), and in the most recent annual periods (2023: -$17.88M, 2024: -$11.62M), raising concerns about sustained profitability.

Valuation chevron_right

Negative P/E Ratio

The Price-to-Earnings (P/E) ratio is negative (-6.4 TTM, -8.5 for 2024) due to ongoing losses, making traditional earnings-based valuation metrics inapplicable and indicating a speculative investment profile.

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Calendar

August 2025

1

Next Earnings Date

EPS Est.
Revenue Est.

H: $-0.12

A: $-0.13

L: $-0.15

H: 18.00M

A: 17.94M

L: 17.88M

Profile

Websiteaxt.com
Employees (FY)1.53K
ISINUS00246W1036
FIGI-

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also provides semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, laser machining, cutting and drilling, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers. In addition, the company offers germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it provides 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.

Seasonals

2025
2024
2023
2022
2021

Price Target

3.96 USD

The 39 analysts offering 1 year price forecasts for AXTI have a max estimate of 5.00 and a min estimate of 2.75.

Debt Level and Coverage

Debt
Free cash flow
Cash & equivalents

Financial Position Analysis

Assets
Liabilities

Ownership

Free Float shares
37.8M (82.96%)
Closely held shares
7.77M (17.04%)
45.6M
Free Float shares
37.8M (82.96%)
Closely held shares
7.77M (17.04%)

Capital Structure

Market cap
107.17M
Debt
49.78M
Minority interest
0.00
Cash & equivalents
22.83M
Enterprise value
134.11M

Valuation - Summary

Market Cap
107M
Net income
-16.8M(-15.70%)
Revenue
68.1M(63.55%)
107M
Market Cap
107M
Net income
-16.8M(-15.70%)
Revenue
68.1M(63.55%)
Price to earning ratio (P/E)-6.40x
Price to sales ratio (P/S)1.60x

Valuation - Ratios

P/E
P/S

Revenue to Profit Conversion

Revenue
99.36M
COGS
75.53M
Gross Profit
23.84M
OpEx
36.4M
Operating Income
-12.56M
Other & Taxes
-940K
Net Income
-11.62M

Balance Sheet

Total assets
Total liabilities
Liabilities to assets %

Income Statement

Revenue
Net Income
Net Margin

Cash Flow

Operating Cash Flow
Investing Cash Flow
Financing Cash Flow