AXT, Inc. (AXTI)
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]
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 StatementsAnalyst 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.
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...

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,...

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?

AXT, Inc. Announces Third Quarter 2022 Financial Results
Gross Margin Continues to Expand Gross Margin Continues to Expand

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, ...

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.

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

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.

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?

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 ...

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.

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.

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.

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...

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?

AXT, Inc. Announces Second Quarter 2022 Financial Results
Year-Over-Year Revenue Growth of 22% in 1H22; Gross Margin Expands

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 ...

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...

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...

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?

AXT, Inc. Announces First Quarter 2022 Financial Results
Q1 Revenue Grows 26% from Q1 2021 Q1 Revenue Grows 26% from Q1 2021

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?

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

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.

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...