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AXT (NASDAQ:AXTI – Get Rating) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Monday. Several other equities research analysts have also recently issued reports on the company. Craig Hallum lowered their price objective on AXT from $5.50 to $3.75 in […]

AXT (NASDAQ:AXTI – Get Rating) had its price objective decreased by Craig Hallum from $5.50 to $3.75 in a research note released on Friday, The Fly reports. Other analysts have also issued reports about the stock. StockNews.com assumed coverage on shares of AXT in a research report on Thursday, March 16th. They set a sell […]

AXT (NASDAQ:AXTI – Get Rating) issued an update on its second quarter 2023 earnings guidance on Friday morning. The company provided EPS guidance of -$0.12–$0.10 for the period, compared to the consensus EPS estimate of -$0.10. The company issued revenue guidance of $19.00 million-$21.00 million, compared to the consensus revenue estimate of $21.77 million. AXT […]

AXT (NASDAQ:AXTI – Get Rating) updated its second quarter 2023 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of -$0.12–$0.10 for the period, compared to the consensus estimate of -$0.10. The company issued revenue guidance of $19.00 million-$21.00 million, compared to the consensus revenue estimate of $21.77 million. Analysts Set New […]

AXT (NASDAQ:AXTI – Get Rating) had its price target lowered by stock analysts at Craig Hallum from $5.50 to $3.75 in a research note issued to investors on Friday, The Fly reports. Craig Hallum’s target price would indicate a potential upside of 19.81% from the stock’s current price. Other research analysts also recently issued reports […]

AXT, Inc. (NASDAQ:AXTI – Get Rating) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 1,200,000 shares, an increase of 32.5% from the March 15th total of 906,000 shares. Based on an average daily trading volume, of 211,500 shares, the days-to-cover ratio is […]

AXT, Inc. (NASDAQ:AXTI – Get Rating) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 1,200,000 shares, an increase of 32.5% from the March 15th total of 906,000 shares. Based on an average trading volume of 211,500 shares, the short-interest ratio is currently […]

Research analysts at StockNews.com started coverage on shares of AXT (NASDAQ:AXTI – Get Rating) in a report issued on Thursday. The firm set a “sell” rating on the semiconductor company’s stock. Several other equities research analysts have also commented on the company. Craig Hallum lowered AXT from a “buy” rating to a “hold” rating and […]

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