Positive context积极背景
Stocks股票 / Tech / AXTI
$51.47
Regular quote常规时段报价
-$6.44 · -11.12%
Extended quote unavailable. Showing the regular quote.盘前盘后报价暂不可用，现显示常规时段报价。
Pre-market盘前
·
52w low52周低 $4.24high高 $149
Avoid — downtrend回避 — 下行趋势
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-10-26截至 2026-10-26
Company news公司新闻
The latest reporting最新报道
One story, with the reporting behind it.将同一事件汇总，保留各来源报道。
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-10-26
Momentum (RSI 14)动量（RSI 14）
34
Depressed偏低
vs 50-day average相对50日均线
-27.3% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-18.4% below下方
Long trend down长期向下
Volatility波动率
12th percentile第12百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-10-294
Beat in 3 of last 4 quarters近 4 季中 3 季超预期
Post-earnings drift: +7.5% (20d)财报后漂移：+7.5%（20日）
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 81.5%
Financials财务数据
fiscal years财年Revenue营业收入
$88.3M2025
20202025
5-yr growth5年复合增速 -1.5%
Earnings per share每股收益
$-0.492025
20202025
Free cash flow自由现金流
-$18.8M2025
20202025
Gross margin毛利率
12.7%
Operating margin营业利润率
-24.9%
Net margin净利率
-24.1%
FCF margin自由现金流利润率
-14.5%
Balance-sheet quality财务体质 2/8
Return on equity股本回报率 -8%
Warning警示
Leverage杠杆
Current ratio流动比率2.72
Capital allocation资本配置
Stock-based comp股权薪酬$3.3M
Share count change (1y)股数变化（1年）+21.8%
Debt coming due到期债务
FY2025 10-KIn the 12-month bucket following fiscal period end 2025-12-31, it reported $4.3M due — about 45% of its disclosed principal.在财年期末 2025-12-31 之后12个月的区间内，已披露到期本金为 $4.3M，约占其披露本金的 45%。
All maturity buckets are measured from fiscal period end 2025-12-31, not from today.所有到期区间均从财年期末 2025-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$4.3M
Year 2第2年
$1.2M
Year 3第3年
$1.5M
Year 4第4年
$2.6M
Year 5第5年
$0
After year 55年以后
not reported未披露
Cash reported at 2025-12-31: $120266000.截至 2025-12-31 披露的现金：$120266000。 At the cash-burn pace reported over 2025-01-01 to 2025-12-31, that cash represented about 76.9 months. This scenario excludes debt payments and future financing.按 2025-01-01 至 2025-12-31 期间披露的现金消耗速度，该现金约对应 76.9 个月。此情景不包括债务偿还与未来融资。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001437749-26-008612, period ending报告期截至 2025-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-10-23T07:59:32.040560+00:00.
5/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive— absent
Annual period年度区间 2025-01-01 — 2025-12-31 · USD · 10-K · 0001437749-26-008612 · Filed提交日期 2026-03-17.
Cache acquired缓存获取时间: 2026-10-23T07:59:32.040560+00:00 · Evaluated as of评估截至 2026-10-26.
- Reported operating cash flow已披露经营活动现金流: $-12783000
- Reported equipment spending (capex outflow)已披露设备支出（资本开支流出）: $5995000
- Derived free cash flow (operating cash flow minus capex)计算所得自由现金流（经营现金流减资本开支）: $-18778000
Cash is the reported balance at period end. The runway scenario holds this annual cash-flow pace constant and excludes debt payments, restricted-cash adjustments and future financing.现金为期末已披露余额。现金跑道情景假设本年度现金流速度保持不变，不包括债务偿还、受限现金调整与未来融资。
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
AXTI broke down vs the marketAXTI 相对市场走弱
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$29.8M net (0 buyers, 4 sellers)-$29.8M 净值（0 买家，4 卖家）
Concentrated ownership集中持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | As of截至 |
|---|---|---|---|---|
| Polen Capital Management | C | Holding持有 | 0.0% | 2026-06-30 |
Signal history信号历史
engine events引擎事件
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases)回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）
Oct 16, 2026
AXTI broke down vs the marketAXTI 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $51.47.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$51.47。
Oct 14, 2026
AXTI lost its 200-day averageAXTI 跌破200日均线
Price closed below the 200-day moving average — the classic bear dividing line. $61.59.收盘跌破200日均线 — 经典的空头分界线。$61.59。
Oct 13, 2026
AXTI reclaimed its 200-day averageAXTI 收复200日均线
Price closed back above the 200-day moving average — the classic bull dividing line. $64.63.收盘重回200日均线 — 经典的多头分界线。$64.63。
Oct 12, 2026
BOTTOMING → UNCONFIRMED TURN筑底中 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Oct 12, 2026
AXTI lost its 200-day averageAXTI 跌破200日均线
Price closed below the 200-day moving average — the classic bear dividing line. $61.98.收盘跌破200日均线 — 经典的空头分界线。$61.98。
Oct 8, 2026
AXTI daily MACD crossed downAXTI 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $71.66.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$71.66。
Oct 7, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Oct 6, 2026
BUY ZONE → NEARING A HIGH买入区 → 接近高点
TAKE PROFITS止盈
Showing the last 15 of显示最近15条，共 177 signals条信号
Company profile公司档案
Watch items — what could change the story关注项 — 可能改变故事的因素
- Receivables stretch
- Capital intensity rising
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -24.8% | -2.0% |
| 1 Month近1月 | -20.0% | +1.5% |
| 3 Months近3月 | +12.2% | +2.9% |
| 6 Months近6月 | -37.7% | +8.0% |
| Year to date年初至今 | +207.1% | +12.6% |
| 1 Year近1年 | +944.0% | +16.8% |
Trading information交易信息
Volatility rank波动率分位
12th pctile
EPS (trailing)每股收益
$-0.38
Off 52-week high距52周高点
-63.5%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $95M | $137M | $141M | $76M | $99M | $88M |
| EPS每股收益 | $0.07 | $0.34 | $0.37 | $-0.42 | $-0.27 | $-0.49 |
| Free cash flow自由现金流 | $-14M | $-33M | $-37M | $-7M | $-18M | $-19M |
| Gross margin毛利率 | 31.7% | 34.5% | 36.9% | 17.6% | 24.0% | 12.7% |
| Net margin净利率 | 3.4% | 10.6% | 11.2% | -23.6% | -11.7% | -24.1% |
| FCF margin自由现金流利润率 | -14.7% | -24.0% | -26.4% | -9.3% | -18.0% | -21.3% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$88M
Gross profit毛利润
$11M
Net income净利润
$-21M
Operating cash flow经营现金流
$-13M
Total assets总资产
$434M
Shareholder equity股东权益
$273M
Shares outstanding总股本
0.06B
Returns & growth回报与增长
Return on equity股本回报率
-7.8%
Return on assets资产回报率
-4.9%
Asset growth资产增速
+27.8%
Accounting quality checks会计质量检查
- Earnings quality: accruals near the peer median盈利质量：应计利润接近同业中位
- Working capital: inventory +58% vs sales +-7% — inventory building, demand risk营运资本：存货 +58% 对销售 +-7%——存货积压，需求风险
- Pricing power: gross margin −19.0pts over 6 years定价能力：毛利率 6 年下降 19.0 个百分点
- Capital discipline: share count +31.9% over 6 years (dilution)资本纪律：股本 6 年增加 31.9%（稀释）
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
34
RSI (2-day)RSI（2日）
3
vs 20-day average相对20日均线
-30.0%
vs 50-day average相对50日均线
-27.3%
vs 200-day average相对200日均线
-18.4%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down — fresh downturn动能向下——刚刚转弱
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
CoiledCOILED
Days compressed已压缩天数
24
Range width percentile波幅宽度分位
25/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Jun 2026 | $0.17 | $0.05 | +240.0% |
| Mar 2026 | $-0.03 | $-0.06 | +50.0% |
| Dec 2025 | $-0.08 | $-0.06 | -33.3% |
| Sep 2025 | $-0.04 | $-0.13 | +69.2% |
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Tracked funds holding it跟踪基金持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | Position市值 |
|---|---|---|---|---|
| Polen Capital Management | C | Holding持有 | 0.0% | $4M |
Fund positioning基金持仓概览
Tracked funds in the name持有该股的跟踪基金
1
Buying vs selling买入vs卖出
0 : 0
Quarterly trend季度趋势
{'direction': 'accumulating', 'n_quarters': 2, 'holders_first': 1, 'holders_last': 1, 'holders_delta': 0, 'value_change_pct': 674.5, 'from_period': '2025-12-31', 'to_period': '2026-03-31', 'available_on': '2026-05-14', 'available_on_first': '2026-02-12', 'holders_series': [1, 1]}{'direction': 'accumulating', 'n_quarters': 2, 'holders_first': 1, 'holders_last': 1, 'holders_delta': 0, 'value_change_pct': 674.5, 'from_period': '2025-12-31', 'to_period': '2026-03-31', 'available_on': '2026-05-14', 'available_on_first': '2026-02-12', 'holders_series': [1, 1]}
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$29.8M
Insider buyers vs sellers内部人买家vs卖家
0 : 4
Recent fund flows近期基金流向
Roundhill MEMERoundhill MEME
trimming减持
Invesco SemiconductorsInvesco Semiconductors
accumulating持续增持
First Trust Nasdaq SemiconductorFirst Trust Nasdaq Semiconductor
accumulating持续增持
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。