Record indium phosphide revenue surges 164% as AI data center demand accelerates.
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Needham upgraded AXT to ‘Buy’ from ‘Hold’ with a $90 price target, implying an upside of 61% from current levels.
AXT Inc (AXTI) posts historic Q2 2026 results with revenue up 164% year-over-year, driven by explosive indium phosphide growth for AI data centers.
Record indium phosphide revenue surges 164% as AI data center demand accelerates.
Moby summary of AXT, Inc.'s Q2 2026 earnings call
AXT (AXTI) delivered earnings and revenue surprises of +171.43% and +39.41%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
AXT (NASDAQ:AXTI) reported record second-quarter revenue and a return to profitability, driven by strong demand for indium phosphide substrates used in optical connectivity for AI data centers. Management said it is accelerating capacity expansion as customer demand continues to exceed supply. Seco
AXT Inc. (NASDAQ:AXTI) is one of the 10 Stocks Investors Are Running Away From. AXT Inc. fell for a second day on Tuesday, losing 11.80 percent to end at $50.46 apiece, as investor sentiment was dampened by a broader market pessimism triggered by the escalating tensions between the US and Iran. Additionally, investors were repositioning […]
AXT (AXTI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
AXT Inc (AXTI) reports significant revenue growth and improved gross margins, while navigating export challenges and planning capacity expansions.
AXT (AXTI) delivered earnings and revenue surprises of +76.91% and +2.12%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Moby summary of AXT, Inc.'s Q1 2026 earnings call
AXT (NASDAQ:AXTI) reported first-quarter 2026 revenue of $26.9 million, up from $23.0 million in the fourth quarter of 2025 and $19.4 million in the year-ago quarter, as the company pointed to strengthening demand for indium phosphide (InP) substrates tied to AI-related data center upgrades and opti