AXT, Inc. (NASDAQ: AXTI) Faces Market Valuation Challenges Amid Revenue Revision
AXTAXT(US:AXTI) Financial Modeling Prep·2026-01-09 14:00

Core Insights - AXT, Inc. is a significant player in the semiconductor industry, focusing on compound semiconductor wafer substrates essential for various electronic devices [1] Financial Performance - AXT has revised its revenue expectations for Q4 2025 to between $22.5 million and $23.5 million due to fewer export control permits for indium phosphide issued by China's Ministry of Commerce [3][6] - The company's stock price has increased by 7.13%, reaching $25.83, despite the challenges faced [4][6] - AXT's market capitalization is approximately $1.16 billion, indicating its substantial presence in the market [4] Market Analysis - David Kang from B.Riley Financial has set a price target of $18 for AXTI, suggesting a potential decrease of approximately -30.31% from its current trading price of $25.83 [2][6] - The trading volume for AXTI is 11,094,674 shares on the NASDAQ exchange, reflecting strong investor interest [5]