AXT, Inc. (NASDAQ: AXTI) Faces Market Valuation Challenges Amid Revenue Revision
David Kang from B.Riley Financial sets a price target of $18 for AXTI, suggesting a potential decrease of approximately -30.31% from its current trading price.AXT revises its Q4 2025 revenue expectations to between $22.5 million and $23.5 million due to fewer export control permits issued by China's Ministry of Commerce.The company's stock price has seen a 7.13% increase, reaching $25.83, despite the challenges.AXT, Inc. (NASDAQ: AXTI) is a key player in the semiconductor industry, specializing in the produ ...