Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
AXTI
Strong SellHot AirAXT, Inc. · Technology · United States · $3.8B · Avg Vol: $817M/d
COMPANY DESCRIPTION
AXT, Inc. manufactures and sells high-performance compound semiconductor substrates, including Indium Phosphide (InP) and Gallium Arsenide (GaAs) wafers, crucial for high-speed and optical applications in data centers, 5G, and AI. Its competitive moat stems from proprietary manufacturing processes, specialized expertise in these advanced materials, and strong relationships with leading technology customers, creating high technical and capital barriers to entry. AXT is a critical, niche supplier enabling the next generation of high-performance communication and optical devices.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 137.4M | 141.1M | 75.8M | 99.4M | 88.3M | -10.5% | 125.5M | 218.0M | 146.8% |
| EPS | 0.35 | 0.37 | -0.42 | -0.27 | -0.49 | 5.7% | — | — | — |
| Shares | 42.9M | 43.6M | 44.2M | 45.4M | 55.3M | +29.0% | 65.6M | — | — |
| Debt | 16.5M | 48.9M | 55.7M | 49.8M | 64.8M | 40.7% | 101.5M | — | — |
| Equity | 211.5M | 221.6M | 204.0M | 192.8M | 273.3M | 6.6% | — | — | — |
| Op CF | -3.3M | -8.8M | 3.4M | -12.1M | -12.8M | — | -5.8M | — | — |
| Inv CF | -38.8M | -25.2M | -2.6M | -4.4M | -6.8M | — | — | — | — |
| Fin CF | 5.7M | 38.0M | 8.6M | -0.5M | 107.1M | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of AXTI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| AXTI | AXT, Inc.(you) | $3.8B | 20 | Strong Sell |
| IPGP | IPG Photonics Corporation | $3.3B | 27 | Sell |
| AMBA | Ambarella, Inc. | $3.1B | 28 | Sell |
| AEHR | Aehr Test Systems, Inc. | $2.6B | 26 | Sell |
| VECO | Veeco Instruments Inc. | $2.7B | 31 | Sell |
| UCTT | Ultra Clean Holdings, Inc. | $3.1B | 40 | Hold |
| ICHR | Ichor Holdings, Ltd. | $2.1B | 37 | Hold |
| COHU | Cohu, Inc. | $2.3B | 41 | Hold |
| ACLS | Axcelis Technologies, Inc. | $3.6B | 61 | Hold |
| FORM | FormFactor, Inc. | $7.9B | 51 | Hold |
Peer medians: ROE 4.6% · P/E 35.1x · Gross margin 51.3%