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AXT Inc (AXTI)
NASDAQ:AXTI
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AXTI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.73 - $5.64
Previous Close$2.28
Volume191.41K
Average Volume (3M)381.12K
Market Cap
$102.48M
Enterprise Value$144.61M
Total Cash (Recent Filing)$24.90M
Total Debt (Recent Filing)$1.99M
Price to Earnings (P/E)―
Beta2.59
Next Earnings
Feb 19, 2025EPS Estimate
-$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.24
Shares Outstanding44,750,581
10 Day Avg. Volume306,492
30 Day Avg. Volume381,115
Standard Deviation0.23
R-Squared0.24
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.52
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)-4.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.53
Enterprise Value/Gross Profit10.86
Enterprise Value/Ebitda181.22
Forecast
1Y Price Target
$5.17Price Target Upside125.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
AXT News
PremiumCompany Announcements
AXT, Inc. Reports Strong Q3 2024 Financial Results
Bulls Say, Bears Say
Bulls Say
Analyst RecommendationAnalyst maintains a Buy recommendation with a price target of $5.
Financial PerformanceAXT reported strong 23% growth and narrowed its net loss to $0.02 per share.
Revenue GrowthAXT's revenue is expected to grow by 30% driven by the cyclical recovery of GaAs and InP as well as continued growth of InP in AI data center.
Bears Say
Cost ManagementThe weak guidance can be attributed to the large raw material price increase in Ge, more than doubling during the quarter, which led the company to walk away from orders that would not be profitable.
Financial PerformanceAXT reported 3Q24 below expectations and guided 4Q24 lower than estimates with midpoint revenue of $24MM compared to consensus of $27.6MM.
Market DemandAXT is not yet fully seeing the benefits from the ramp in InP for AI applications as the customers who ordered in 1H24 went into digestion mode.
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Ownership Overview
12.37% Insiders
13.98% Mutual Funds
21.65% Other Institutional Investors
46.29% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AXTI FAQ
What was AXT Inc’s price range in the past 12 months?
AXT Inc lowest stock price was $1.73 and its highest was $5.64 in the past 12 months.
What is AXT Inc’s market cap?
Currently, no data Available
When is AXT Inc’s upcoming earnings report date?
AXT Inc’s upcoming earnings report date is Feb 19, 2025 which is in 63 days.
How were AXT Inc’s earnings last quarter?
AXT Inc released its earnings results on Oct 31, 2024. The company reported -$0.05 earnings per share for the quarter, beating the consensus estimate of -$0.059 by $0.009.
Is AXT Inc overvalued?
According to Wall Street analysts AXT Inc’s price is currently Undervalued.
Does AXT Inc pay dividends?
AXT Inc does not currently pay dividends.
What is AXT Inc’s EPS estimate?
AXT Inc’s EPS estimate is -$0.04.
How many shares outstanding does AXT Inc have?
AXT Inc has 44,750,580 shares outstanding.
What happened to AXT Inc’s price movement after its last earnings report?
AXT Inc reported an EPS of -$0.05 in its last earnings report, beating expectations of -$0.059. Following the earnings report the stock price went down -18.217%.
Which hedge fund is a major shareholder of AXT Inc?
Among the largest hedge funds holding AXT Inc’s share is Royce & Associates LLC. It holds AXT Inc’s shares valued at 2M.
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AXT Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$5.17 (125.76% Upside)
$5.17 (125.76% Upside)
Blogger Sentiment
Bullish
AXTI Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 191.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 12.8%
Last 30 Days ▲ 12.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.55%
12-Months-Change
Fundamentals
Return on Equity
-5.02%
Trailing 12-Months
Asset Growth
3.91%
Trailing 12-Months
Company Description
AXT Inc
AXT, Inc. engages in the design, development, manufacture, and distribution of compound and single element semiconductor substrates. It also sells specialty material substrates and raw materials used to make substrates and other related products. The company was founded by Morris S. Young and Davis Zhang in December 1986 and is headquartered in Fremont, CA.
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AXTI Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with notable improvements in gross margin and indium phosphide demand, but was offset by revenue decline, increased net loss, and economic challenges in China. The strategic focus on high-growth markets like data centers and pending IPO for Tongmei could provide future growth opportunities.Read More>---
AXTI Stock 12 Month Forecast
Average Price Target
$5.17
▲(125.76% Upside)
Technical Analysis
Best Analysts Covering AXTI
1 Year
1 Year Success Rate
15/22 ratings generated profit
1 Year Average Return
+27.28%
reiterated a buy rating 9 months ago
Copying Dave Kang's trades and holding each position for 1 Year would result in 68.18% of your transactions generating a profit, with an average return of +27.28% per trade.
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