Stock AnalizAxt Inc. AXTI
Semiconductors · IPO 1998 · data as of November 13, 2026
Axt Inc. (AXTI) is a technology company listed in the US with a market value of about $2.7B. In the twelve months to September 30, 2026 it had revenue of $171M and net income of $32M, a net margin of 18.5%.
Its overall Stock Analiz score is 1.2 out of 5 (weak). The strongest part is financial health (4/5); the weakest is value (0/5).
Key numbers: a P/E of 87.0, a price to free cash flow of 34.6, 5-year revenue growth of -2% a year, a 5-year average ROIC of -2%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 75% below the current price.
Score: 1.2 / 5
Checks passed
- Strong R&D investment or growth above 20%
- More cash than debt, or low debt to equity
- Positive free cash flow
- Debt below 3 years of free cash flow
- Liabilities below 60% of assets
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $171M | $88M | $99M | $76M | $141M | $137M | $95M | $83M | $102M | $99M | $81M |
| Net income | $32M | -$21M | -$12M | -$18M | $16M | $15M | $3M | -$3M | $10M | $10M | $6M |
| Free cash flow | $79M | -$19M | -$18M | -$7M | -$37M | -$33M | -$14M | -$9M | -$37M | -$13M | $10M |
| EPS (diluted) | $0.48 | $-0.49 | $-0.27 | $-0.42 | $0.37 | $0.34 | $0.07 | $-0.07 | $0.24 | $0.26 | $0.17 |
| Net margin | 18.5% | -24.1% | -11.7% | -23.6% | 11.2% | 10.6% | 3.4% | -3.1% | 9.4% | 10.3% | 6.9% |
| ROIC | — | -6.1% | -5.8% | -6.6% | 4.2% | 5.3% | 1.4% | -0.1% | 5.9% | 6.4% | 4.2% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 6 analysts is $91.50, 119% above the current price; targets range from $56.00 to $125.00; the consensus rating is “Buy”; expected EPS is $1.18 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Axt’s P/E ratio?
About 87.0, based on the last twelve months of diluted earnings per share (forward P/E about 17.7).
Is Axt stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 75% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Axt pay a dividend?
Not currently.
Is Axt a good stock to buy?
We do not give buy or sell advice. Axt scores 1.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.