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AXT (AXTI, Chipmaking equipment) Stock Valuation & Fair Value

Significantly overvalued

AXT (AXTI, Chipmaking equipment) trades at a current P/E of 43.5, about 71% above its historical normal valuation, with a forward growth estimate of 97.4% and a PEG of 0.45. Priced at its historical normal P/E of 25.4 on the same blended earnings, the 2026-11-06 close of $38.88 corresponds to about $22.70 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

DATA AS OF 2026-11-07
Current P/E
43.5
Normal P/E
25.4
PEG
0.45
Fwd growth
97.4%
Div yield
0.0%
RSI (14)
33.8
Neutral
Technical context
  • Price $38.88 at the Nov 6 close, 28.8% below the 20-day average ($54.59) and 39.2% below the 50-day ($64.00).
  • RSI (14) at 33.8.
  • 52-week range $8.93 to $140.83: the price is 72.4% below the high and 335.4% above the low.

The Street vs SeerForecast

Wall Street's mean price target for AXTI is $91.60 across 5 analysts, 135.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-08-31.

Current P/E and rating by weekCurrent P/E moved from 140.1 to 61.6 between 2026-08-28 and 2026-10-30, against a normal P/E of 25.4, with 0 rating changes over 9 recorded weeks.2026-08-28: P/E 140.1, Significantly overvalued, recorded live 2026-08-312026-09-04: P/E 140.1, Significantly overvalued, recalculated for the week of 2026-09-052026-09-04: P/E 139.2, Significantly overvalued, recorded live 2026-09-072026-09-11: P/E 139.2, Significantly overvalued, recalculated for the week of 2026-09-122026-09-11: P/E 138.8, Significantly overvalued, recorded live 2026-09-142026-09-18: P/E 138.8, Significantly overvalued, recalculated for the week of 2026-09-192026-09-18: P/E 142.6, Significantly overvalued, recorded live 2026-09-212026-09-25: P/E 142.6, Significantly overvalued, recalculated for the week of 2026-09-262026-10-09: P/E 121.5, Significantly overvalued, recorded live 2026-10-122026-10-16: P/E 121.5, Significantly overvalued, recalculated for the week of 2026-10-172026-10-16: P/E 87.6, Significantly overvalued, recorded live 2026-10-192026-10-23: P/E 85.1, Significantly overvalued, recorded live 2026-10-262026-10-30: P/E 85.1, Significantly overvalued, recalculated for the week of 2026-10-312026-10-30: P/E 61.6, Significantly overvalued, recorded live 2026-11-0250.0100.0Aug 28Sep 13Sep 29Oct 14Oct 30Normal P/E 25.4
Significantly overvalued

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-08-31P/E 140.1+452%Significantly overvalued
2026-09-21P/E 142.6+462%Significantly overvalued
2026-11-02P/E 61.6+143%Significantly overvalued ← now
Show all 14 readings
WeekCurrent P/EPremium to normal P/ERating
2026-08-31P/E 140.1+452%Significantly overvalued
2026-09-05P/E 140.1+452%Significantly overvalued (recalculated)
2026-09-07P/E 139.2+448%Significantly overvalued
2026-09-12P/E 139.2+448%Significantly overvalued (recalculated)
2026-09-14P/E 138.8+446%Significantly overvalued
2026-09-19P/E 138.8+446%Significantly overvalued (recalculated)
2026-09-21P/E 142.6+462%Significantly overvalued
2026-09-26P/E 142.6+462%Significantly overvalued (recalculated)
2026-10-12P/E 121.5+378%Significantly overvalued
2026-10-17P/E 121.5+378%Significantly overvalued (recalculated)
2026-10-19P/E 87.6+245%Significantly overvalued
2026-10-26P/E 85.1+235%Significantly overvalued
2026-10-31P/E 85.1+235%Significantly overvalued (recalculated)
2026-11-02P/E 61.6+143%Significantly overvalued ← now

Frequently asked questions

Is AXT stock overvalued?

At a current P/E of 43.5 versus its historical normal P/E of 25.4, AXT trades about 71% above its typical valuation, with a PEG of 0.45 on 97.4% forward growth. tickerseer currently rates it significantly overvalued.

What is AXT's fair value and PEG?

AXT trades at a current P/E of 43.5 against a historical normal P/E of 25.4, a PEG of 0.45, and a forward growth estimate of 97.4%. Priced at its historical normal P/E of 25.4 on the same blended earnings, the 2026-11-06 close of $38.88 corresponds to about $22.70 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of AXT changed?

tickerseer's rating has been significantly overvalued since 2026-08-31.

What is the analyst price target for AXT?

The mean Wall Street price target for AXT is $91.60 across 5 analysts, 135.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Chipmaking equipment. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

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