AXT manufactures compound semiconductor substrates, including indium phosphide, gallium arsenide, and germanium wafers. These materials form the foundation for high-performance optoelectronic, radio-frequency, and specialty semiconductor devices. Demand comes from optical communications, wireless applications, and other uses requiring semiconductor properties beyond conventional silicon.
AXT, Inc. (AXTI) has a MarketKingdoms composite score of 68.4 (B), an B-range rating. It ranks 466th of 1,866 covered companies, 81st of 176 in Technology (sector average 67.1) and 15th of 21 in Semiconductor Equipment & Materials. Scores as of 2026-10-26.
Its strongest lenses are KPI momentum at 93 (Technology average 84) and Industry opportunity at 92 (Technology average 88). Its weakest lenses are Price (valuation) at 16 (sector average 50) and Quality (profitability) at 19 (sector average 50).
| Lens | Type | AXTI | Technology average | Semiconductor Equipment & Materials average | Percentile in sector |
|---|---|---|---|---|---|
| Industry opportunity | Research signal | 92 | 88 | 92 | 94th |
| Stock selection | Research signal | 82 | 82 | 85 | 45th |
| KPI momentum | Research signal | 93 | 84 | 88 | 94th |
| Catalyst watch | Research signal | 77 | 76 | 78 | 47th |
| Price (valuation) | Fundamental lens | 16 | 50 | 43 | 9th |
| Expansion (growth) | Fundamental lens | 86 | 51 | 56 | 94th |
| Quality (profitability) | Fundamental lens | 19 | 50 | 47 | 8th |
| Trend (momentum) | Fundamental lens | 57 | 50 | 43 | 69th |
The most recent call analysed was held on 2026-07-30 (fiscal 2026 Q2). MarketKingdoms checks what management promised on each call against what it later delivered.
The stock's valuation gap is -23.6%: its price is well below the path its market, sector and industry moves explain (strongly undervalued versus the model path). Factor sensitivity: market beta 3.15, sector beta -1.60, industry beta 2.14; the factor model explains 46% of its moves (R²).
| Company | Composite | Grade | Valuation gap |
|---|---|---|---|
| Teradyne, Inc. (TER) | 74.8 | B+ | -10.7% |
| ASML Holding N.V. (ASML) | 74.7 | B+ | -14.4% |
| Lam Research Corporation (LRCX) | 74.2 | B+ | -7.3% |
| Kulicke and Soffa Industries, Inc. (KLIC) | 73.2 | B+ | -1.9% |
| Onto Innovation Inc. (ONTO) | 72.3 | B+ | -35.3% |
| Applied Materials, Inc. (AMAT) | 71.3 | B+ | -9.0% |
| Camtek Ltd. (CAMT) | 70.4 | B+ | -33.5% |
| Ichor Holdings Ltd. (ICHR) | 69.9 | B | -40.2% |
AXT, Inc. financial statements · Technology sector ranking · Semiconductor Equipment & Materials industry ranking · All covered companies
The composite score (0–100, graded A+ to D-) blends research signals from each earnings call with fundamental lenses from SEC filings and market prices. Research signals: Industry opportunity, Stock selection, KPI momentum and Catalyst watch, read from what management said and whether it delivered. Fundamental lenses: Price (valuation), Expansion (growth), Quality (profitability) and Trend (momentum). Scores are recalculated every night and after every earnings call. The valuation gap compares the actual price path with the path the stock's market, sector and industry moves explain; it is a model comparison, not a fair-value estimate.
General information, not investment advice.