Nomura Initiates Coverage of AXT, Inc. with Buy Rating
Nomura has initiated coverage on AXT, Inc. with a "Buy" rating and a price target of $90.
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B. Riley Adjusts AXT Price Target to $56 From $55, Maintains Neutral Rating
B. Riley has updated its price target for AXT, Inc. to $56 from the previous $55 while maintaining a Neutral rating on the stock.
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B. Riley Securities Maintains Neutral on AXT, Raises Price Target to $56
AXT, Inc. Reports Q3 2026 Financial Results
AXT, Inc. reported third-quarter 2026 financial results, exceeding analyst expectations with revenue of $73.4 million and adjusted earnings per share of $0.41.
8-K filing — AXT INC (AXTI)
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AXT, Inc. Announces Up to RMB 3.67 Billion (Approximately US$545 Million) in Private Equity Financing for Subsidiary Tongmei
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AXT Subsidiary Tongmei Secures Private Equity Financing Of Up To $545M To Expand Manufacturing Capacity For Indium Phosphide Semiconductor Substrates