AXTI Stock Rises 21% in a Month: Should You Buy, Sell or Hold?
AXT's AI-driven InP growth, $100M-plus backlog and capacity expansion boost its outlook, but valuation and China exposure keep investors cautious.
Stock Taper 
AXTI
$71.66
▼ DOWN 10.19% (-8.13)
KEY STATISTICS
Market Cap$3.61 B
52w High$143.16
52w Low$4.00
Dividend Yield—
Frequency—
P/E-298.58
Volume10.07M
Shares Out.50.75M
COMPANY
LEADERSHIP
CHIEF EXECUTIVE
Morris S. Young
COMPENSATION 2026
Salary$479,000
Stock Awards$983,482
Incentive Plan Pay$172,900
All Other Comp.$38,022
Total$1,673,404
ABOUT
SECTOR
Technology
WENT PUBLIC
May 21, 1998
METHOD OF GOING PUBLIC
IPO
FULL TIME EMPLOYEES
1,541
PRICE TARGET
Target High$125.00
Target Low$90.00
Target Median$91.50
Target Consensus$99.50
UPCOMING EARNINGS
DateOct 29, 2026
DayThursday
Rev. Est.$66.00M
OCT
29
THU
ETFS HOLDING THIS STOCK
ETFS HOLDING
170
LISTED HERE
10
RANKED BY POSITION SIZE
INSTITUTIONAL OWNERSHIP
SHARES OWNED
45.63%
HOLDERS
362
TOP 8 OF 362 · RANKED BY POSITION SIZE
PRICE
$71.66 ▼ DOWN 10.19% (−$8.13)About AXT, Inc.
https://investors.axt.com ↗AXT, Inc. designs and manufactures advanced semiconductor substrates, including indium phosphide, gallium arsenide, and germanium, for applications in communications, photonics, solar cells, and sensors worldwide.
INDUSTRY
Semiconductors
A PRODUCT AXT, INC. IS KNOWN FOR
Indium Phosphide (InP) Substrates
Indium Phosphide (InP) substrates are high-performance wafers vital for advanced optoelectronic devices, with rising demand from data centers and AI boosting AXT's InP revenue and growth prospects.
AXT in 2025
SENTIMENT: − NEGATIVE
REGULATORY · JANUARY 2026
AXT, Inc. Stock Plummets Over 30% After Slashing Q4 Revenue Forecast Due to Chinese Export Permit Delays
AXT, Inc. significantly lowered its revenue expectations for the fourth quarter of 2025, causing a sharp decline in its stock price. The revision was attributed to receiving fewer than anticipated export control permits from China's Ministry of Commerce for its indium phosphide substrates, preventing the fulfillment of customer orders in December.
CAPITAL ALLOCATION · DECEMBER 2025 · IN PROGRESS
AXT Raises Nearly $100 Million to Double Indium Phosphide Production Capacity Amidst Surging AI-Driven Demand
In a decisive move to capitalize on the multi-year growth cycle fueled by AI infrastructure and data center expansion, AXT, Inc. completed a public offering of common stock in late 2025. This capital infusion is earmarked for a significant expansion of its indium phosphide (InP) manufacturing capacity, a critical component for high-speed optical connectivity. The decision positions AXT to meet burgeoning customer demand and solidify its market leadership in high-performance semiconductor substrates.
Latest News
EARLIER COVERAGE
Can Surging InP Demand Strengthen AXT's Long-Term Growth Potential?
AXTI's record InP sales, $100M-plus backlog, capacity expansion and multi-year deals position it to benefit from AI-driven optical demand.
AXT: Explosive Growth, Expanding Margins, And A Long InP Runway
AXT, Inc. is experiencing a transformative inflection, driven by surging InP demand tied to AI infrastructure and optical connectivity. Q2 2026 marked a financial turning point, with revenue up 165% YoY, gross margin expanding to 45%, and a swing to $11.1M GAAP net income. AXTI's strong balance sheet, $716M in cash/investments, and major customer prepayments enable aggressive InP capacity expansion without significant debt.
AXT, Inc. Schedules Third Quarter 2026 Earnings Release for October 29, 2026
FREMONT, Calif.--(BUSINESS WIRE)---- $AXTI--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the third quarter 2026 in a press release immediately following the close of market on October 29, 2026.The company will also host a conference call to discuss these results on October 29, 2026 at 1:30 p.m. PT. The conference call can be accessed at (833) 461-5787 (passcode 457551713). The call will also be simulcast at www.axt.com. Th.
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AXT (NASDAQ:AXTI) Shares Gap Up – Time to Buy?
AXT Inc (NASDAQ: AXTI - Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $73.67, but opened at $76.64. AXT shares last traded at $79.92, with a volume of 2,319,225 shares. Wall Street Analysts Forecast Growth A number of equities research analysts have recently weighed in on the company.
RATINGS SNAPSHOT
Overall rating: C
Discounted Cash Flow1
Return On Equity2
Return On Assets3
Debt To Equity2
Price To Earnings1
Price To Book2
Overall Score2
MOST RECENT ANALYST GRADES
GRADE SUMMARY
NEUTRAL 1
BUY 1
OUTPERFORM 1
3 GRADES IN THE LAST 12 MONTHS
SECTORS PEERS
| PEER | PRICE | |
|---|---|---|
 LITE | $1047.13 | COMPARE |
 MTSI | $325.97 | COMPARE |
 AAOI | $106.96 | COMPARE |
 LPTH | $10.97 | COMPARE |
 NVEC | $116.78 | COMPARE |
 RPAY | $3.87 | COMPARE |
 BKKT | $7.50 | COMPARE |
 LAW | $4.21 | COMPARE |
INSIDER TRADES
★
DIRECTOR
LEBLANC LEONARD J
Sale · 4.0K shares
2026-08-17
★
DIRECTOR
LEBLANC LEONARD J
Sale · 2.0K shares
2026-08-07
★
DIRECTOR
LEBLANC LEONARD J
Sale · 500 shares
2026-06-10
★
DIRECTOR
Duh Jia-bin
— · —
2026-07-16