AXT INC AXTI
AXT INC (AXTI) earns a Piotroski F-score of 2/9 (weak financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $88.3M at a -24.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.06 — grey zone (between the usual thresholds). A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-01 | Wedbush | Outperform (main) |
| 2026-04-29 | Wedbush | Outperform (main) |
| 2026-02-20 | B. Riley Securities | Neutral (main) |
| 2026-02-20 | Wedbush | Outperform (main) |
| 2026-01-20 | Needham | Hold (down) |
| 2026-01-09 | B. Riley Securities | Neutral (down) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 2/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.36 |
| Retained earnings / assets | -0.15 |
| EBIT / assets | -0.051 |
| Equity / liabilities | 2.992 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| AXTI | AXT INC | 2/9 | 4.67 | — | -11.1% |
| FTCI | FTC Solar, Inc. | 4/9 | -13.15 | — | +110.5% |
| AMBQ | Ambiq Micro, Inc. | 4/9 | 5.22 | — | -4.7% |
| MRAM | EVERSPIN TECHNOLOGIES INC. | 4/9 | 2.81 | — | +9.5% |
| NVTS | Navitas Semiconductor Corp | — | 6.21 | — | -44.9% |
| LEDS | SemiLEDs Corp | 6/9 | — | — | — |
| KOPN | KOPIN CORP | 3/9 | -7.29 | 271.6 | -21.9% |
About AXT INC
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company provides indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also offers 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 LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, laser machining, cutting and drilling, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers. In addition, the company provides 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 offers 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.
FAQ
Is AXTI financially healthy?
AXT INC's Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does AXTI pay a dividend?
No, AXT INC does not currently pay a dividend.
How profitable is AXTI?
In FY2025, AXT INC had a net margin of -24.1% and a return on equity of -7.2%.
Is AXTI overvalued or undervalued?
AXT INC trades at about 212.1× trailing earnings — above its 10-year norm (10-year range 8.4×–147.6×, median 30.4×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for AXTI?
The average Wall-Street price target for AXT INC is $96.50, about 23.0% above the recent price, from 4 analysts (consensus: buy).
Is AXTI a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on AXT INC: a Piotroski F-score of 2/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.