AXT News - July 29, 2026
AXTI Amends Bylaws, Reducing Shareholder Meeting Quorum Requirement to 33.33%
AXT, Inc. announced that its Board of Directors has approved and adopted an amendment to the company's bylaws, effective immediately. The amendment...
AXT Secures 6-Year Supply Agreement with Lumentum with $87M in Deposits
AXT, Inc. has entered into a six-year Capacity Reservation Agreement with Lumentum Operations LLC to supply indium phosphide (InP) wafer substrates. Under the...
B. Riley Slashes AXT's Price Target by Nearly 30% — Can This Compound Semiconductor Play Find Its Floor?
Shares of AXT Inc. tumbled 8.75% to $39.11 on Wednesday, extending a brutal week that has erased roughly 26% of the stock's value since last Tuesday's close of...
🔴 AXT is trading 8.75% down today amid a broad semiconductor rout and a B. Riley price target cut
AXT is trading at $39.11 (-8.75%) following a sharp selloff driven by a broader semiconductor downturn and a significant price target reduction. • The move...
🔴 AXT is trading 4.3% down today after B. Riley price target cut and semiconductor sector pressure
AXT is trading 4.3% down at $40.93 following a significant price target reduction and broader weakness across the semiconductor sector. • B. Riley lowered its...
AXT Inc. Target Slashed to $52, Following High Valuation Concerns
B. Riley Financial lowered its price target for AXT Inc. to $52.00. This represents a significant decrease from the previous target of $73.00. The firm...
AXT Inc Q2 2026 Earnings Preview: What Analysts Expect on July 30, 2026
Analysts anticipate AXT Inc to post Q2 2026 revenue of $29.8 million and earnings of $0.05 per share, with the current stock price of $4.15 trading well below...