AXT Inc. (AXTI)

NASDAQ: AXTI · IEX Real-Time Price · USD
5.20
-0.05 (-0.95%)
At close: May 20, 2022 4:00 PM
5.13
-0.07 (-1.35%)
After-hours:May 20, 2022 5:15 PM EDT
Market Cap223.35M
Revenue (ttm)145.70M
Net Income (ttm)14.32M
Shares Out42.95M
EPS (ttm)0.33
PE Ratio15.76
Forward PE13.59
Dividendn/a
Ex-Dividend Daten/a
Volume168,629
Open5.38
Previous Close5.25
Day's Range5.01 - 5.46
52-Week Range5.00 - 12.35
Beta2.09
AnalystsBuy
Price Target13.26 (+155.0%)
Earnings DateApr 28, 2022

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...

IndustrySemiconductors & Semiconductor Equipment
IPO DateMay 21, 1998
CEOMorris Young
Employees1,399
Stock ExchangeNASDAQ
Ticker SymbolAXTI
Full Company Profile

Financial Performance

In 2021, AXT Inc.'s revenue was $137.39 million, an increase of 44.08% compared to the previous year's $95.36 million. Earnings were $14.58 million, an increase of 350.12%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for AXTI stock is "Buy." The 12-month stock price forecast is 13.26, which is an increase of 155.00% from the latest price.

Price Target
$13.26
(155.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AXT (AXTI) Tops Q1 Earnings and Revenue Estimates

AXT (AXTI) delivered earnings and revenue surprises of 66.67% and 1.23%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

AXT, Inc. Announces First Quarter 2022 Financial Results

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

3 weeks ago - GlobeNewsWire

AXT (AXTI) Tops Q4 Earnings and Revenue Estimates

AXT (AXTI) delivered earnings and revenue surprises of 50% and 5.16%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

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

3 months ago - GlobeNewsWire

AXT (AXTI) Earnings Expected to Grow: Should You Buy?

AXT (AXTI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

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 202...

3 months ago - GlobeNewsWire

Here's Why AXT (AXTI) Looks Ripe for Bottom Fishing

After losing some value lately, a hammer chart pattern has been formed for AXT (AXTI), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, co...

3 months ago - Zacks Investment Research

Why AXT (AXTI) Could Beat Earnings Estimates Again

AXT (AXTI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

3 months ago - Zacks Investment Research

Does AXT (AXTI) Have the Potential to Rally 66% as Wall Street Analysts Expect?

The mean of analysts' price targets for AXT (AXTI) points to a 65.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in ra...

4 months ago - Zacks Investment Research

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, a...

4 months 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

4 months ago - GlobeNewsWire

AXT (AXTI) Surpasses Q3 Earnings Estimates

AXT (AXTI) delivered earnings and revenue surprises of 18.18% and -1.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

AXT, Inc. Announces Third Quarter 2021 Financial Results

Year-to-Date Revenue Grows 46% from the Prior Year Year-to-Date Revenue Grows 46% from the Prior Year

6 months ago - GlobeNewsWire

AXT (AXTI) to Announce Q3 Earnings: What's in the Cards?

AXT's (AXTI) third-quarter 2021 results are likely to show gains from increasing demand in indium phosphide and gallium arsenide substrates as well as the growing raw material business.

6 months ago - Zacks Investment Research

AXT, Inc. Schedules Third Quarter 2021 Earnings Release for October 27, 2021

FREMONT, Calif., Oct. 13, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the third quarter 2021...

7 months ago - GlobeNewsWire

AXT (AXTI) Sees Hammer Chart Pattern: Time to Buy?

AXT (AXTI) has been struggling lately, but the selling pressure may be coming to an end soon.

8 months ago - Zacks Investment Research

AXT, Inc. Announces the Appointment of Morris Young as Chairman of its Board of Directors

FREMONT, Calif., Aug. 12, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Morris Young, Chief Executive Officer, ha...

9 months ago - GlobeNewsWire

AXT (AXTI) Beats Q2 Earnings and Revenue Estimates

AXT (AXTI) delivered earnings and revenue surprises of 42.86% and 8.49%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

AXT: Q2 Earnings Insights

Shares of AXT (NASDAQ:AXTI) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 900.00% year over year to $0.10, which beat the estimate of $...

9 months ago - Benzinga

AXT, Inc. Announces Second Quarter 2021 Financial Results - Revenue Reaches $33.7 Million, 52% Over Prior Year

FREMONT, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarter,...

9 months ago - GlobeNewsWire

AXT (AXTI) Reports Next Week: Wall Street Expects Earnings Growth

AXT (AXTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

10 months ago - Zacks Investment Research

AXT, Inc. Schedules Second Quarter 2021 Earnings Release for July 27, 2021

FREMONT, Calif., July 15, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the second quarter 202...

10 months ago - GlobeNewsWire

AXT (AXTI) Beats Q1 Earnings and Revenue Estimates

AXT (AXTI) delivered earnings and revenue surprises of 33.33% and 7.71%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Recap: AXT Q1 Earnings

Shares of AXT (NASDAQ:AXTI) moved higher in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 900.00% over the past year to $0.08, which beat the esti...

1 year ago - Benzinga

AXT, Inc. Supplies First 8-Inch Gallium Arsenide Wafers to Major Customer

FREMONT, Calif., April 28, 2021 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrate wafers, today announced that is has developed and shipped its f...

1 year ago - GlobeNewsWire