AXT, Inc. (AXTI)

NASDAQ: AXTI · IEX Real-Time Price · USD
2.280
-0.120 (-5.00%)
At close: Feb 20, 2024, 4:00 PM
2.320
+0.040 (1.75%)
After-hours: Feb 20, 2024, 7:01 PM EST
-5.00%
Market Cap 99.51M
Revenue (ttm) 82.16M
Net Income (ttm) -12.92M
Shares Out 43.64M
EPS (ttm) -0.31
PE Ratio n/a
Forward PE 16.92
Dividend n/a
Ex-Dividend Date n/a
Volume 81,209
Open 2.400
Previous Close 2.400
Day's Range 2.280 - 2.410
52-Week Range 1.890 - 4.870
Beta 2.08
Analysts Buy
Price Target 5.49 (+140.79%)
Earnings Date Feb 22, 2024

About AXTI

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. It produces semiconductor substrates using its proprietary vertical gradient freeze technology. The company offers indium phosphide for use in data center connectivity using light/lasers, 5G communications, fiber optic lasers and detectors, passive optical networks, silicon photonics, photonic integrated circuits, terrestrial solar cells, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robot... [Read more]

Sector Technology
IPO Date May 21, 1998
Employees 1,559
Stock Exchange NASDAQ
Ticker Symbol AXTI
Full Company Profile

Financial Performance

In 2022, AXT, Inc.'s revenue was $141.12 million, an increase of 2.71% compared to the previous year's $137.39 million. Earnings were $15.81 million, an increase of 8.48%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for AXTI stock is "Buy." The 12-month stock price forecast is $5.49, which is an increase of 140.79% from the latest price.

Price Target
$5.49
(140.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AXT, Inc. Schedules Fourth Quarter 2023 Earnings Release for Feb. 22, 2024

FREMONT, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2...

4 weeks ago - GlobeNewsWire

AXT, Inc. Announces Third Quarter 2023 Financial Results

FREMONT, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the third quarter...

3 months ago - GlobeNewsWire

AXT, Inc. Schedules Third Quarter 2023 Earnings Release for November 2, 2023

FREMONT, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the third quarter 20...

4 months ago - GlobeNewsWire

Tongmei Receives Initial Export Permits from China's Central Ministry of Commerce for Gallium Arsenide and Germanium Substrates

FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Beijing Tongmei Xtal Technology Co., Ltd...

5 months ago - GlobeNewsWire

AXT, Inc. Announces Financial Conference Participation for the Third Quarter 2023

FREMONT, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it will participate in the following fina...

7 months ago - GlobeNewsWire

AXT, Inc. Announces Second Quarter 2023 Financial Results

FREMONT, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarte...

7 months ago - GlobeNewsWire

AXT, Inc. Schedules Second Quarter 2023 Earnings Release for August 3, 2023

FREMONT, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the second quarter 2...

8 months ago - GlobeNewsWire

AXT, Inc. Addresses China's Announcement of New Export Control Regulations

FREMONT, Calif., July 03, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a worldwide materials science company, today addressed the potential impact of the announcement of China's new export contr...

8 months ago - GlobeNewsWire

AXT, Inc. to Participate in the 20th Annual Craig-Hallum Institutional Investor Conference

FREMONT, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Gary L. Fischer, chief financial officer, ...

9 months ago - GlobeNewsWire

AXT, Inc. Announces First Quarter 2023 Financial Results

FREMONT, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the first quarte...

10 months ago - GlobeNewsWire

AXT, Inc. Schedules First Quarter Earnings Release for April 27, 2023

FREMONT, Calif., April 10, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the first quarter 2...

11 months ago - GlobeNewsWire

AXT, Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results

FREMONT, Calif., Feb. 16, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the fourth quarter and ...

1 year ago - GlobeNewsWire

AXT, Inc. Schedules Fourth Quarter and Fiscal Year 2022 Earnings Release for February 16, 2023

FREMONT, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2...

1 year ago - GlobeNewsWire

AXT, Inc. to Present at the 25th Annual Needham Growth Conference

FREMONT, Calif., Dec. 28, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Gary L. Fischer, chief financial officer,...

1 year ago - GlobeNewsWire

AXT, Inc. Announces Third Quarter 2022 Financial Results

Gross Margin Continues to Expand Gross Margin Continues to Expand

1 year ago - GlobeNewsWire

AXT, Inc. Announces a Preliminary Revenue Range for Third Quarter 2022

Third Quarter 2022 Earnings Announcement Scheduled for Oct. 27, 2022 Third Quarter 2022 Earnings Announcement Scheduled for Oct. 27, 2022

1 year ago - GlobeNewsWire

AXT, Inc. Announces Second Quarter 2022 Financial Results

Year-Over-Year Revenue Growth of 22% in 1H22; Gross Margin Expands

1 year ago - GlobeNewsWire

AXT, Inc. Crosses Major Milestone on Tongmei IPO

FREMONT, Calif., July 12, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today announced that its subsidiary in China, Beijing ...

1 year ago - GlobeNewsWire

AXT, Inc. Schedules Second Quarter 2022 Earnings Release for July 28, 2022

FREMONT, Calif., July 06, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the second quarter 2...

1 year ago - GlobeNewsWire

AXT, Inc. Announces Next Filing Step for IPO in China

FREMONT, Calif., July 05, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today announced that its wafer manufacturing subsidiar...

1 year ago - GlobeNewsWire

AXT, Inc. Announces First Quarter 2022 Financial Results

Q1 Revenue Grows 26% from Q1 2021 Q1 Revenue Grows 26% from Q1 2021

1 year ago - GlobeNewsWire

AXT, Inc. Announces Fourth Quarter and Fiscal Year 2021 Financial Results

Topline Expands 44 Percent Year on Year Topline Expands 44 Percent Year on Year

2 years ago - GlobeNewsWire

AXT, Inc. Schedules Fourth Quarter and Fiscal Year 2021 Earnings Release for February 16, 2022

FREMONT, Calif., Feb. 07, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2...

2 years ago - GlobeNewsWire

AXT to Participate in the 24th Annual Needham Growth Conference

FREMONT, Calif., Jan. 11, 2022 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrate wafers, today announced Morris Young, chief executive officer,...

2 years ago - GlobeNewsWire

AXT, Inc. Announces Formal Application for Subsidiary IPO

Company Also Increases Fourth Quarter 2021 Revenue Guidance Company Also Increases Fourth Quarter 2021 Revenue Guidance

2 years ago - GlobeNewsWire