AXT (AXTI) Moat Score: 3/10 (As of Jul. 03, 2026)


AXTI AXT Inc AXTI
57 GF Score
Price $56.62
GF Value $2.56
Valuation Significantly Overvalued
! 5 Warning Signs
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What is AXT Moat Score?

AXT AXTI -12.95% 57 Moat Score is 3 as of Jul. 03, 2026. GuruFocus rates AXTI with a GF Score™ of 57/100 and a GF Value™ of $2.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,000 Semiconductors companies, AXT ranks better than 86.6% on this metric.

AXT has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

AXT has No Moat: AXT Inc operates in a competitive semiconductor industry with limited market share and no significant customer switching costs or proprietary technology. The company lacks strong brand strength and faces substantial competition.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes AXT might have No Moat - Very weak/transient advantages.

AXT  (NAS:AXTI) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

AXT Moat Score Related Terms

AXTI vs IPGP, VECO, ACLS: Moat Score Comparison

For the Semiconductor Equipment & Materials subindustry, AXT's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AXT Moat Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, AXT's Moat Score distribution charts can be found below:

* The bar in red indicates where AXT's Moat Score falls into.


AXTI
57GF Score
AXT Inc AXTI
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
AXT (AXTI) has a Moat Score of 3 as of Jul. 03, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, AXT ranks #134 out of 1000 companies in the Semiconductors industry, placing it in the top 13.4%.
Is AXT's Moat Score too high?
AXT's current Moat Score is 3. Based on the distribution chart, AXT ranks #134 out of 1000 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, AXT has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AXT's Moat Score compare to IPGP and VECO?
According to the Semiconductors industry distribution chart, AXT ranks #134 out of 1000 companies for Moat Score. This places AXT in the top 13% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Semiconductors company?
A good Moat Score depends on the Semiconductors industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. AXT's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXT stock overvalued right now?
Based on GuruFocus' analysis, AXT (AXTI) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.56, compared to a current price of $56.62 — trading 2111.7% above its estimated fair value. The current Moat Score is 3. AXT's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For AXT (AXTI), the current Moat Score is 3 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AXT (AXTI) Overvalued in 2026?

Based on GuruFocus' analysis, AXT stock appears to be overvalued. The current stock price of $56.62 is trading 2111.7% above its estimated GF Value™ of $2.56. GuruFocus considers AXT to be Significantly Overvalued.

Key valuation signals for AXTI:

  • Moat Score: 3
  • GF Value™: $2.56 vs. price of $56.62 (2111.7% above fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the AXTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

AXT Business Description

Other Exchanges AHV:Germany
Address 4281 Technology Drive, Fremont, CA, USA, 94538
AXT Inc is a developer and producer of compound and single element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.
57GF Score

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$56.62
Price
$2.56
GF Value