Grufity logoGrufity logo
StocksFundsScreenerSectorsWatchlists
AXTI

AXTI - AXT Inc Stock Price, Fair Value and News

2.28USD+0.08 (+3.64%)Market Closed
Watchlist

Market Summary

USD2.28+0.08
Market Closed
3.64%

AXTI Stock Price

View Fullscreen

AXTI RSI Chart

AXTI Valuation

Market Cap

99.5M

Price/Earnings (Trailing)

-7.7

Price/Sales (Trailing)

1.21

EV/EBITDA

-12.75

Price/Free Cashflow

-11.89

AXTI Price/Sales (Trailing)

AXTI Profitability

Operating Margin

21.04%

EBT Margin

-17.11%

Return on Equity

-6.33%

Return on Assets

-3.78%

Free Cashflow Yield

-8.41%

AXTI Fundamentals

AXTI Revenue

Revenue (TTM)

82.2M

Rev. Growth (Yr)

-50.64%

Rev. Growth (Qtr)

-6.61%

AXTI Earnings

Earnings (TTM)

-12.9M

Earnings Growth (Yr)

-201.11%

Earnings Growth (Qtr)

-14.42%

Breaking Down AXTI Revenue

Last 7 days

-4.8%

Last 30 days

-8.7%

Last 90 days

17.7%

Trailing 12 Months

-59.5%

How does AXTI drawdown profile look like?

AXTI Financial Health

Current Ratio

2.37

AXTI Investor Care

Shares Dilution (1Y)

0.21%

Diluted EPS (TTM)

-0.31

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023120.9M100.0M82.2M0
2022145.7M151.4M152.1M141.1M
2021106.0M117.6M126.7M137.4M
202083.8M81.1M86.7M95.4M
201998.2M95.9M87.1M83.3M
2018102.5M106.0M106.5M102.4M
201783.3M86.3M92.6M98.7M
201676.2M75.6M79.1M81.3M
201584.2M83.8M79.0M77.5M
201481.3M79.9M82.5M83.5M
201387.3M84.9M84.7M84.3M
2012103.0M98.2M90.7M88.4M
2011101.4M108.3M109.8M104.1M
201065.4M75.4M85.5M95.5M
200900055.4M

Tracking the Latest Insider Buys and Sells of AXT Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 10, 2023
fischer gary l
acquired
-
-
38,800
vice president, cfo & corp sec
Nov 10, 2023
young morris s
acquired
-
-
111,795
chairman and ceo
May 19, 2023
young morris s
gifted
-
-
-108,112
chairman and ceo
May 18, 2023
chang david c
acquired
-
-
23,323
-
May 18, 2023
christine russell
acquired
-
-
23,323
-
May 18, 2023
chen jesse
acquired
-
-
23,323
-
May 15, 2023
young morris s
gifted
-
-
108,112
chairman and ceo
May 15, 2023
young morris s
gifted
-
-
-108,112
chairman and ceo
Feb 28, 2023
chen jesse
sold
-33,375
4.45
-7,500
-
Jan 03, 2023
leblanc leonard j
acquired
-
-
18,306
-

1–10 of 50

Which funds bought or sold AXTI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
sold off
-100
-9,000
-
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
added
21.54
195,000
1,101,000
0.09%
Feb 15, 2024
BARCLAYS PLC
sold off
-100
-60,000
-
-%
Feb 15, 2024
JANE STREET GROUP, LLC
new
-
65,352
65,352
-%
Feb 14, 2024
TWO SIGMA ADVISERS, LP
added
0.28
2,160
781,920
-%
Feb 14, 2024
NEEDHAM INVESTMENT MANAGEMENT LLC
reduced
-1.64
-85,080
5,100,000
0.64%
Feb 14, 2024
TWO SIGMA INVESTMENTS, LP
added
29.06
156,540
695,292
-%
Feb 14, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-1.15
-9,969
857,897
-%
Feb 14, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
reduced
-5.95
-59,463
940,202
0.02%

1–10 of 46

Are Funds Buying or Selling AXTI?

Are funds buying AXTI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AXTI
No. of Funds

Unveiling AXT Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.21%
2,275,457
SC 13G
Feb 12, 2024
first wilshire securities management inc
7.6%
3,306,715
SC 13G
Feb 09, 2024
dimensional fund advisors lp
4.6%
2,017,064
SC 13G/A
Jul 07, 2023
blackrock inc.
1.7%
727,015
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
7.3%
3,173,175
SC 13G/A
Feb 01, 2023
blackrock inc.
6.2%
2,689,265
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
7.0%
3,007,836
SC 13G/A
Feb 01, 2022
blackrock inc.
6.4%
2,722,343
SC 13G/A
Feb 12, 2021
dimensional fund advisors lp
7.8%
3,228,665
SC 13G/A
Jan 29, 2021
blackrock inc.
6.8%
2,825,523
SC 13G/A

Recent SEC filings of AXT Inc

View All Filings
Date Filed Form Type Document
Feb 22, 2024
8-K
Current Report
Feb 13, 2024
SC 13G
Major Ownership Report
Feb 12, 2024
SC 13G
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report

What is the Fair Value of AXTI?

Loading...
Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to AXT Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
60.9B
32.72% 241.47%
60.27
29.44
125.85% 581.31%
293.8B
22.7B
18.63% 113.39%
344.08
12.96
-3.90% -35.30%
181.7B
54.2B
-7.66% 56.51%
107.59
3.35
-14.00% -78.92%
166.0B
26.5B
31.95% 74.29%
24.21
6.26
2.84% 5.07%
95.2B
11.6B
-0.06% 5.97%
33.8
8.23
-8.03% -17.90%
MID-CAP
7.6B
6.5B
-0.37% 8.73%
21.08
1.17
-8.30% -53.02%
4.9B
1.8B
15.48% -13.62%
28.11
2.76
-11.16% -46.12%
3.6B
1.1B
2.33% -5.33%
15.72
3.36
26.38% 43.48%
3.2B
1.7B
-5.87% -27.57%
13.92
1.9
-16.94% -31.42%
2.2B
258.2M
-5.42% -42.12%
-18.44
8.56
-25.06% -98.60%
SMALL-CAP
1.2B
495.9M
-10.22% 57.27%
17.34
2.5
32.10% 66.11%
624.7M
640.0M
-15.21% -24.42%
-36.43
0.98
-19.44% -128.49%
464.5M
81.5M
1.26% -42.11%
22.11
5.7
33.53% 70.08%
185.1M
550.0K
6.46% -6.34%
-9.35
336.54
43.98% -13.47%
68.0M
116.7M
14.39% -52.86%
-5.4
0.58
15.07% -172.45%

AXT Inc News

Latest updates
TradingView37 minutes ago

AXT Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-6.6%17,36618,59519,40526,79535,18339,48739,65337,73234,57633,73531,35027,03525,46922,13420,72318,41019,84124,79720,20822,23228,626
Cost Of Revenue-8.2%15,50016,88014,29518,19920,40124,05226,34525,59323,07521,49719,81417,87316,64615,36615,20114,54514,08216,29113,51316,38218,012
Gross Profit8.8%1,8661,7155,1108,59614,78215,43513,30812,13911,50112,23811,5369,1628,8236,7685,5223,8655,7598,5066,6955,85010,614
Operating Expenses0.4%8,5938,5609,5479,59710,21510,1469,6099,1059,1058,3327,9757,2436,6466,2906,1566,6656,2376,1686,0696,4886,283
  S&GA Expenses-2.6%5,6675,8205,9525,9356,5766,6936,4506,3486,4765,7955,5705,0814,6234,7474,7495,0584,7554,7694,7235,1794,615
  R&D Expenses6.8%2,9262,7403,5953,6623,6393,4533,1592,7572,6292,5372,4052,1622,0231,5431,4071,6071,4821,3991,3461,3091,668
EBITDA Margin-184.1%-0.07*0.08*0.17*0.21*0.20*0.18*0.17*0.18*0.18*0.17*0.15*0.12*---------
Income Taxes27.3%-101-139148-3.005011,027660-411-135893746108637920366-21423.00597156-173410
Earnings Before Taxes-18.6%-6,516-5,492-3,5181,4657,2317,5724,6323,2224,3615,5084,5112,5202,1181,879583-2,022-4722,335-867-1,0524,557
EBT Margin-5348.6%-0.17*0.00*0.11*0.15*0.15*0.13*0.12*0.13*0.13*0.12*0.10*0.07*---------
Net Income-14.4%-5,823-5,089-3,3481,3415,7595,5463,1652,9653,8004,3853,4252,064991361-178-2,049-8981,451-1,104-1,0613,939
Net Income Margin-1075.8%-0.16*-0.01*0.08*0.11*0.11*0.10*0.10*0.11*0.11*0.09*0.06*0.03*---------
Free Cashflow-560.7%-5,1781,124-5,150836-22,749-117-15,200-3,118-6,230-9,517-14,085-8,193---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-1.2%342346367370362361338332316309302299233226223223218214215224220
  Current Assets-3.1%160165177184181177160160160164163165109111111113109112118129133
    Cash Equivalents-5.2%29.0030.0035.0035.0037.0045.0029.0037.0044.0053.0061.0073.0022.0027.0020.0027.0028.0029.0021.0017.0018.00
  Inventory-0.8%86.0087.0092.0090.0088.0077.0069.0066.0061.0059.0055.0052.0048.0050.0048.0049.0049.0050.0053.0059.0059.00
  Net PPE0.1%15915916316115315314714213212712011610810197.0097.0090.0088.0085.0082.0075.00
Liabilities3.2%74.0072.0078.0080.0076.0075.0051.0052.0042.0042.0043.0043.0031.0032.0030.0031.0026.0018.0019.0029.0026.00
  Current Liabilities0.6%68.0067.0073.0075.0073.0071.0047.0048.0037.0038.0039.0039.0026.0028.0026.0028.0023.0017.0017.0029.0025.00
Shareholder's Equity-12.3%204233243222240238237230224217210208202194192193191196196195195
  Retained Earnings-25.8%-28.42-22.60-17.51-14.16-15.50-21.26-26.80-29.97-32.93-36.73-41.12-44.54-46.61-47.60-47.96-47.78-45.73-44.84-46.29-45.18-44.12
  Additional Paid-In Capital0.3%238237236235235233232232231228230230240239238237236236235234234
Shares Outstanding0.0%44.0044.0044.0044.0042.0042.0042.0043.0041.0041.0041.0040.00---------
Minority Interest0.1%23.0023.0023.0023.0023.0022.0021.0018.0018.0017.0015.0015.006.006.005.005.005.004.004.004.004.00
Float------195---351---144---109---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-118.4%-7924,300-1,534536-14,83814,443-8,9067,432-168-2,260-8,309-4594,3418,087-6,1045,3211,3908,810-2,8633,445234
  Share Based Compensation-2.3%8919129157451,0361,1371,0881,0891,639975816691648641643637583568558533461
Cashflow From Investing24.1%-1,784-2,349-713302-7,151-12,080-6,294-13,264-12,753-7,257-5,536-6,322-7,096-1,585-1,419-6,622-7,606-9916,891-5,203-11,649
Cashflow From Financing114.0%573-4,1045,7732,75613,23514,1217,919-1,3543,8576082,61453,639-1,796-13.0083255.005,795-30.0036673.00125

AXTI Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS    
Revenue$ 17,366$ 35,183$ 55,366$ 114,323
Cost of revenue15,50020,40146,67570,798
Gross profit1,86614,7828,69143,525
Operating expenses:    
Selling, general and administrative5,6676,57617,43919,719
Research and development2,9263,6399,26110,251
Total operating expenses8,59310,21526,70029,970
Income (loss) from operations(6,727)4,567(18,009)13,555
Interest expense, net(381)(299)(1,143)(670)
Equity in income of unconsolidated joint ventures3692,0062,3445,308
Other income, net2239571,2821,242
Income (loss) before provision (benefit) for income taxes(6,516)7,231(15,526)19,435
Provision (benefit) for income taxes(101)501(92)2,188
Net income (loss)(6,415)6,730(15,434)17,247
Less: Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests592(971)1,174(2,777)
Net income (loss) attributable to AXT, Inc.$ (5,823)$ 5,759$ (14,260)$ 14,470
Net income (loss) attributable to AXT, Inc. per common share:    
Basic$ (0.14)$ 0.14$ (0.34)$ 0.34
Diluted$ (0.14)$ 0.13$ (0.34)$ 0.34
Weighted-average number of common shares outstanding:    
Basic42,63842,16342,57442,011
Diluted42,63842,98242,57442,718

AXTI Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 28,522$ 34,948
Restricted cash10,7786,400
Short-term investments4,2709,339
Accounts receivable, net of allowances of $243 and $307 as of September 30, 2023 and December 31, 202218,88329,252
Inventories86,38389,629
Prepaid expenses and other current assets11,47413,977
Total current assets160,310183,545
Long-term investments 2,118
Property, plant and equipment, net158,773161,017
Operating lease right-of-use assets2,8781,761
Other assets20,22921,631
Total assets342,190370,072
Current liabilities:  
Accounts payable6,36910,084
Accrued liabilities15,52018,164
Bank loans45,77647,078
Total current liabilities67,66575,326
Noncurrent operating lease liabilities2,4371,322
Other long-term liabilities4,0073,678
Total liabilities74,10980,326
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests (Note 18)40,63444,846
Stockholders' equity:  
Preferred stock Series A, $0.001 par value; 2,000 shares authorized; 883 shares issued and outstanding as of September 30, 2023 and December 31, 2022 (Liquidation preference of $7,831 and $7,699 as of September 30, 2023 and December 31, 2022)3,5323,532
Common stock, $0.001 par value; 70,000 shares authorized; 43,644 and 43,554 shares issued and outstanding as of September 30, 2023 and December 31, 20224444
Additional paid-in capital237,653235,308
Accumulated deficit(28,419)(14,159)
Accumulated other comprehensive loss(8,581)(3,118)
Total AXT, Inc. stockholders' equity204,229221,607
Noncontrolling interests23,21823,293
Total stockholders' equity227,447244,900
Total liabilities, redeemable noncontrolling interests and stockholders' equity$ 342,190$ 370,072
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 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 LED, screen displays, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers, as well as laser machining, cutting, and drilling. 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.
 CEO
 WEBSITEwww.axt.com
 EMPLOYEES1559

AXT Inc Frequently Asked Questions


What is the ticker symbol for AXT Inc? What does AXTI stand for in stocks?

AXTI is the stock ticker symbol of AXT Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AXT Inc (AXTI)?

As of Thu Feb 22 2024, market cap of AXT Inc is 99.51 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AXTI stock?

You can check AXTI's fair value in chart for subscribers.

What is the fair value of AXTI stock?

You can check AXTI's fair value in chart for subscribers. The fair value of AXT Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AXT Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AXTI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AXT Inc a good stock to buy?

The fair value guage provides a quick view whether AXTI is over valued or under valued. Whether AXT Inc is cheap or expensive depends on the assumptions which impact AXT Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AXTI.

What is AXT Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Feb 22 2024, AXTI's PE ratio (Price to Earnings) is -7.7 and Price to Sales (PS) ratio is 1.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AXTI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AXT Inc's stock?

In the past 10 years, AXT Inc has provided -0.001 (multiply by 100 for percentage) rate of return.