AXT Inc (AXTI) reported fourth-quarter 2025 results. Total revenue fell to $23.0 million, down 8.22% year over year, while gross profit rose to $4.8 million, up 9.48% year over year.
Cash flow and balance sheet highlights show mixed signals. Operating cash flow dropped sharply to $4.3 million, down 67.91% year over year.
Overall, AXT Inc (AXTI) posted improved gross profitability and a substantially larger cash position, while continuing to report operating and net losses alongside materially weaker operating cash generation.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
AXT Inc Insider Trading Activity
AXT Inc insiders have traded $AXTI stock on the open market 33 times in the past 6 months. Of those trades, 0 have been purchases and 33 have been sales.
Here’s a breakdown of recent trading of $AXTI stock by insiders over the last 6 months:
- MORRIS S YOUNG (CEO) has made 0 purchases and 9 sales selling 547,756 shares for an estimated $17,101,998.
- GARY L FISCHER (CFO) has made 0 purchases and 6 sales selling 293,239 shares for an estimated $6,441,054.
- JESSE CHEN has made 0 purchases and 10 sales selling 99,812 shares for an estimated $4,325,687.
- DAVID C CHANG has made 0 purchases and 7 sales selling 235,000 shares for an estimated $4,300,347.
- LEONARD J LEBLANC sold 3,637 shares for an estimated $30,587
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
AXT Inc Hedge Fund Activity
We have seen 84 institutional investors add shares of AXT Inc stock to their portfolio, and 31 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DAVIDSON KEMPNER CAPITAL MANAGEMENT LP added 2,734,693 shares (+inf%) to their portfolio in Q4 2025, for an estimated $44,712,230
- HOOD RIVER CAPITAL MANAGEMENT LLC added 2,012,228 shares (+inf%) to their portfolio in Q4 2025, for an estimated $32,899,927
- PACIFIC RIDGE CAPITAL PARTNERS, LLC removed 1,793,797 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $29,328,580
- FIRST BEIJING INVESTMENT LTD removed 1,730,156 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $28,288,050
- POINT72 ASSET MANAGEMENT, L.P. added 1,516,156 shares (+inf%) to their portfolio in Q4 2025, for an estimated $24,789,150
- CLOUDALPHA CAPITAL MANAGEMENT LIMITED/HONG KONG added 1,390,730 shares (+inf%) to their portfolio in Q4 2025, for an estimated $22,738,435
- ALYESKA INVESTMENT GROUP, L.P. added 1,234,693 shares (+inf%) to their portfolio in Q4 2025, for an estimated $20,187,230
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
AXT Inc Analyst Ratings
Wall Street analysts have issued reports on $AXTI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley Securities issued a "Buy" rating on 10/31/2025
To track analyst ratings and price targets for AXT Inc, check out Quiver Quantitative's $AXTI forecast page.
AXT Inc Price Targets
Multiple analysts have issued price targets for $AXTI recently. We have seen 3 analysts offer price targets for $AXTI in the last 6 months, with a median target of $21.0.
Here are some recent targets:
- Matt Bryson from Wedbush set a target price of $28.0 on 02/20/2026
- Dave Kang from B. Riley Securities set a target price of $21.0 on 02/20/2026
- Charles Shi from Needham set a target price of $10.0 on 10/31/2025
