← AI Companies
USA Nasdaq USD

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates for use in AI-related chip production.

Snapshot
Country USA USA
ExchangeNasdaq
AI Layer chipsinfra
Category 2.40 Photonic Components, Transceivers & Integration
Sentiment 48.0%
USD Mkt Cap4.25B
USD Revenue125.51M
USD Net Income3.88M
P/E2159.00
fwd P/E29.10
PEG12.09
Price 3M-33.6%
Price 6M+35.9%
Price 1Y+1714.5%
Price 2Y+2726.0%
USD Share Price66.41
Price History
Price & Size
Price 64.77 USD
Market Cap 4.25B USD
Shares Outstanding 65.57M
Shares Float 61.61M
52w Low 3.70 USD
52w High 143.16 USD
Avg Volume 10.33M
Valuation
P/E (trailing) 2159.0x
P/E (forward) 29.1x
P/B 4.70x
Enterprise Value 3.91B USD
Book Value / Share 13.77 USD
PEG Ratio 12.09x
P/S 33.84x
EV / Revenue 31.16x
EV / EBITDA 290.78x
Income
Revenue 125.51M USD
Revenue / Share 2.47 USD
EBITDA 13.45M USD
Net Income 3.88M USD
EPS (trailing) 0.03 USD
EPS (forward) 2.23 USD
Margins & Profitability
Gross Margin 32.2%
Operating Margin 21.9%
Profit Margin 3.2%
EBITDA Margin 10.7%
Return on Equity 1.0%
Return on Assets 0.3%
Growth
Revenue Growth 164.8%
Cash & Debt
Total Cash 417.20M USD
Total Debt 101.53M USD
Free Cash Flow -44.42M USD
Operating Cash Flow -5.76M USD
Debt / Equity 0.11x
Current Ratio 4.76x
Quick Ratio 3.61x
Dividend
Payout Ratio 0.0%
Risk
Beta 1.92
Analyst Consensus
Target (Mean) 91.60 USD
Target (Median) 93.00 USD
Target (High) 125.00 USD
Target (Low) 55.00 USD
Recommendation none
# Analysts 5
Identifiers
ISINUS00246W1036
CUSIP00246W103
FIGIBBG000BHZ0N5
SEDOL2247979
Sentiment 48.0%
Positive drivers

AXTI's exposure to compound semiconductor substrates aligns with growing AI infrastructure demand for high-performance materials. Potential supply chain expansions or partnerships in the AI chip ecosystem could support long-term growth narratives. Analyst coverage occasionally highlights niche positioning in gallium arsenide and indium phosphide markets.

Neutral / mixed

Limited trading volume and small-cap volatility result in muted price action without clear directional catalysts during the window. Broader semiconductor sector trends and macroeconomic factors like interest rates overshadow company-specific news. Earnings reports show steady but unremarkable performance without major beats or misses.

Negative drivers

Ongoing geopolitical tensions affecting rare material sourcing introduce supply risks for AXTI's operations. Competition from larger players in the AI materials space pressures margins and market share. Recent quarterly results reflect slower adoption rates in key end-markets compared to peers.

Bottom line

Overall sentiment remains slightly negative to neutral amid limited positive catalysts and persistent external risks. The stock lacks strong momentum in the AI-related narrative during this period.