AXT, Inc. (AXTI)

NASDAQ: AXTI · IEX Real-Time Price · USD
6.25
0.00 (0.00%)
Feb 1, 2023, 12:00 AM EST - Market open
Market Cap 275.69M
Revenue (ttm) 152.06M
Net Income (ttm) 17.44M
Shares Out 43.55M
EPS (ttm) 0.40
PE Ratio 15.63
Forward PE 13.89
Dividend n/a
Ex-Dividend Date n/a
Volume 1,654
Open 5.93
Previous Close 6.25
Day's Range 5.92 - 6.34
52-Week Range 4.17 - 9.94
Beta 1.99
Analysts Buy
Price Target 8.42 (+34.72%)
Earnings Date Feb 16, 2023

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 1,399
Stock Exchange NASDAQ
Ticker Symbol AXTI
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 12 analysts, the average rating for AXTI stock is "Buy." The 12-month stock price forecast is $8.42, which is an increase of 34.72% from the latest price.

Price Target
$8.42
(34.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 week 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 month ago - GlobeNewsWire

AXT (AXTI) Beats Q3 Earnings Estimates

AXT (AXTI) delivered earnings and revenue surprises of 45.45% and 2.54%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

AXT, Inc. Announces Third Quarter 2022 Financial Results

Gross Margin Continues to Expand Gross Margin Continues to Expand

3 months ago - GlobeNewsWire

7 Penny Stocks That Could Turn $3 Into $30 (or More) by 2027

While these penny stocks to buy do hold significant dangers because of their speculative nature, this market segment can occasionally deliver massive gains. Therefore, if you have your bases covered, ...

Other symbols: AVALBTGPBITALWITSB
3 months ago - InvestorPlace

Earnings Preview: AXT (AXTI) Q3 Earnings Expected to Decline

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.

3 months ago - Zacks Investment Research

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

4 months ago - GlobeNewsWire

Is AXT (AXTI) Outperforming Other Computer and Technology Stocks This Year?

Here is how AXT (AXTI) and Bel Fuse (BELFB) have performed compared to their sector so far this year.

5 months ago - Zacks Investment Research

AXT (AXTI)'s Technical Outlook is Bright After Key Golden Cross

When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?

5 months ago - Zacks Investment Research

Does AXT (AXTI) Have the Potential to Rally 34% as Wall Street Analysts Expect?

The mean of analysts' price targets for AXT (AXTI) points to a 34.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in ...

5 months ago - Zacks Investment Research

Here's Why AXT (AXTI) is a Great Momentum Stock to Buy

Does AXT (AXTI) have what it takes to be a top stock pick for momentum investors? Let's find out.

6 months ago - Zacks Investment Research

Will AXT (AXTI) Gain on Rising Earnings Estimates?

AXT (AXTI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

6 months ago - Zacks Investment Research

Has AXT (AXTI) Outpaced Other Computer and Technology Stocks This Year?

Here is how AXT (AXTI) and Bel Fuse (BELFB) have performed compared to their sector so far this year.

6 months ago - Zacks Investment Research

Wall Street Analysts Think AXT (AXTI) Could Surge 35%: Read This Before Placing a Bet

The consensus price target hints at a 34.6% upside potential for AXT (AXTI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revi...

6 months ago - Zacks Investment Research

AXT (AXTI) Beats Q2 Earnings Estimates

AXT (AXTI) delivered earnings and revenue surprises of 100% and 2.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

AXT, Inc. Announces Second Quarter 2022 Financial Results

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

6 months 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 ...

7 months 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...

7 months 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...

7 months ago - GlobeNewsWire

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?

9 months 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

9 months 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?

1 year 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

1 year 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.

1 year 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 2...

1 year ago - GlobeNewsWire