AXT, Inc.
AXTITechnologyNASDAQSemiconductor Equipment & Materials · Last scanned Oct 24, 2026
Scan Results
Daily timeframeAXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. Valued at $3.42B, AXTI is a mid-cap name in its sector. 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.
Market Cap
$3.42B
Beta
1.86
P/E (TTM)
1302.00
P/E (Fwd)
23.15
EPS (TTM)
$0.04
EPS (Fwd)
$2.25
ROE
1.0%
ROA
0.3%
Cash
$417.2M
Total Debt
$101.5M
Free CF
-$44.4M
52W Change
759.4%
Annual Financials
Cash vs Debt
Where AXTI stands vs its 150-day and 200-day moving averages
As of the October 19, 2026 close, AXTI finished 31.40% below its 150-day moving average ($75.03) and 18.37% below its 200-day moving average ($63.05). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is AXTI overbought or oversold?
At the October 19, 2026 close, AXTI's RSI(14) was 29.8, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
AXT, Inc. holds $417.2M in cash against $101.5M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company is burning cash, with free cash flow at -$44.4M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 1.0%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.3% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $141.1M (2022) to $88.3M (2025), a 37% decline worth watching.
AXT, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for AXT, Inc. and its sector.