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AXTI
Upturn stock ratingUpturn stock rating

AXT Inc (AXTI)

Upturn stock ratingUpturn stock rating
$2.37
Last Close (24-hour delay)
Profit since last BUY37.79%
upturn advisory
Consider higher Upturn Star rating
BUY since 24 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

07/08/2025: AXTI (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $3.85

1 Year Target Price $3.85

Analysts Price Target For last 52 week
$3.85 Target price
52w Low $1.13
Current$2.37
52w High $4.03

Analysis of Past Performance

Type Stock
Historic Profit -37.54%
Avg. Invested days 18
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/08/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 103.98M USD
Price to earnings Ratio -
1Y Target Price 3.85
Price to earnings Ratio -
1Y Target Price 3.85
Volume (30-day avg) 5
Beta 1.98
52 Weeks Range 1.13 - 4.03
Updated Date 07/7/2025
52 Weeks Range 1.13 - 4.03
Updated Date 07/7/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.42

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -19.1%
Operating Margin (TTM) -53.08%

Management Effectiveness

Return on Assets (TTM) -3.98%
Return on Equity (TTM) -7.73%

Valuation

Trailing PE -
Forward PE 24.21
Enterprise Value 130831394
Price to Sales(TTM) 1.08
Enterprise Value 130831394
Price to Sales(TTM) 1.08
Enterprise Value to Revenue 1.36
Enterprise Value to EBITDA 75.63
Shares Outstanding 45603700
Shares Floating 37698176
Shares Outstanding 45603700
Shares Floating 37698176
Percent Insiders 7.2
Percent Institutions 34.75

ai summary icon Upturn AI SWOT

AXT Inc

stock logo

Company Overview

overview logo History and Background

AXT Inc. was founded in 1986. It started as American Xtal Technology and has evolved into a leading manufacturer of high-performance compound semiconductor substrates.

business area logo Core Business Areas

  • Substrates for Optoelectronic Devices: Manufactures gallium arsenide (GaAs), indium phosphide (InP), and germanium (Ge) substrates used in LEDs, lasers, detectors, and other optoelectronic devices.
  • Substrates for RF Devices: Produces GaAs and InP substrates for radio frequency (RF) devices used in wireless communications, radar, and other high-frequency applications.

leadership logo Leadership and Structure

Morris S. Young is the CEO. The company has a standard corporate structure with departments such as sales, marketing, R&D, and manufacturing.

Top Products and Market Share

overview logo Key Offerings

  • GaAs Substrates: AXT is a significant player in the GaAs substrate market. Competitors include Sumitomo Electric Device Innovations and Freiberger Compound Materials. Market share data is difficult to ascertain precisely, but AXT is considered a leader especially in certain applications.
  • InP Substrates: AXT produces InP substrates for high-speed communications and other applications. Competitors include IQE plc and Sumitomo Electric Device Innovations. Market share data is difficult to ascertain precisely, but AXT is a known player in the market.
  • Ge Substrates: AXT also produces Ge substrates, which are used in solar cells and other semiconductor applications.Competitors include Umicore and GlobalWafers. Market share data is difficult to ascertain precisely, but AXT is a known player in the market.

Market Dynamics

industry overview logo Industry Overview

The compound semiconductor substrate market is driven by demand for optoelectronic and RF devices in communications, consumer electronics, and industrial applications.

Positioning

AXT is positioned as a provider of high-quality compound semiconductor substrates. Its competitive advantages include its technology and manufacturing expertise.

Total Addressable Market (TAM)

The total addressable market for compound semiconductor substrates is estimated to be several billion dollars annually. AXT is positioned to capture a portion of this market through its product offerings and customer relationships.

Upturn SWOT Analysis

Strengths

  • Strong technical expertise
  • Established customer relationships
  • Diverse product portfolio
  • Vertically integrated manufacturing

Weaknesses

  • Concentration of revenue in specific markets
  • Dependence on key suppliers
  • Small market capitalization
  • Vulnerability to cyclical industry downturns

Opportunities

  • Growth in 5G and other wireless technologies
  • Increasing demand for LEDs and lasers
  • Expansion into new markets and applications
  • Strategic acquisitions and partnerships

Threats

  • Intense competition
  • Technological advancements by competitors
  • Economic downturns
  • Geopolitical risks
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • IQE.L
  • SUMI.JP
  • CREE

Competitive Landscape

AXT's advantages lie in its quality, expertise, and established customer base. Disadvantages may include its smaller size and limited financial resources compared to larger competitors.

Growth Trajectory and Initiatives

Historical Growth: AXT's historical growth has been driven by demand for its products in the optoelectronic and RF markets.

Future Projections: Future growth is projected to be driven by demand for 5G, IoT, and other emerging technologies.

Recent Initiatives: Recent initiatives may include expanding production capacity, developing new products, and forming strategic partnerships.

Summary

AXT Inc. is a specialized manufacturer of compound semiconductor substrates with a strong focus on GaAs and InP. Their leadership in certain market segments provides a level of stability, however, their size and concentration risk can affect overall performance. The companyu2019s future growth depends on being able to successfully capitalize on emerging technologies such as 5G and IoT. Careful cost management and strategic supplier relations are also key to the long-term outlook.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market share data is estimated and may not be precise. Financial data requires up-to-date financial reports and data. The rating is AI based and subjective.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About AXT Inc

Exchange NASDAQ
Headquaters Fremont, CA, United States
IPO Launch date 1998-05-21
Co-Founder, CEO & Chairman Dr. Morris S. Young Ph.D.
Sector Technology
Industry Semiconductor Equipment & Materials
Full time employees 1527
Full time employees 1527

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also provides semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, laser machining, cutting and drilling, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers. In addition, the company offers germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it provides 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.