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.
Stocks · News reference
8-K filing — AXT INC (AXTI)
Filed: 2026-10-29 AccNo: 0001437749-26-033941 Size: 393 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- edgar
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
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.
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.
AXT, Inc. Announces Up to RMB 3.67 Billion (Approximately US$545 Million) in Private Equity Financing for Subsidiary Tongmei
AXT, Inc. announced that its majority-owned subsidiary, Beijing Tongmei Xtal Technology Co., Ltd. (Tongmei), has entered into definitive agreements for a private equity financing of up to RMB 3.67 billion.
AXT Subsidiary Tongmei Secures Private Equity Financing Of Up To $545M To Expand Manufacturing Capacity For Indium Phosphide Semiconductor Substrates