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Craig Hallum Cuts AXT (NASDAQ:AXTI) Price Target to $3.75

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 […] ....

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AXT (NASDAQ:AXTI) Issues Q2 2023 Earnings Guidance

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 […] ....

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AXT (NASDAQ:AXTI) Releases Q2 2023 Earnings Guidance

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 […] ....

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AXT (NASDAQ:AXTI) Price Target Cut to $3.75

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 […] ....

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AXT, Inc. (NASDAQ:AXTI) Sees Large Increase in Short Interest

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 […] ....

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