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0.00364475112043248 0.000771285784497417 0.00242821202816536 -0.00122140524863618 0.00194159639125841 0.000238441662084332 -0.0158198743558425 -0.020484085235595
Stock impact report

B. Riley Says “Incrementally Cautious” on AXT (AXTI) [Yahoo! Finance]

AXT Inc (AXTI) 
Last axt inc earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: axt.com
Company Research Source: Yahoo! Finance
Riley said it is “incrementally cautious” on AXT, Inc. (NASDAQ:AXTI) after seeing negative data points in the indium phosphide (InP) supply chain. According to the research firm, one major company rejected the idea that there is an InP bottleneck, while another confirmed a seven-year supply deal with Sumitomo, AXT, Inc.'s (NASDAQ:AXTI) main competitor. B. Riley has a Neutral rating on AXT, Inc. (NASDAQ:AXTI). B. Riley Says “Incrementally Cautious” on AXT (AXTI) This news follows a disappointing fourth quarter in 2025 for the company. AXT, Inc. (NASDAQ:AXTI) said that it did not receive as many export permits in the quarter as it had hoped. However, it pointed out that it has already received some permits in 2026 and believes it is in a strong position to achieve sequential revenue growth in the first quarter of 2026. This growth is expected to be driven mainly by growth in indium phosphide used in building AI infrastructure. Additionally, AXT, Inc. (NASDAQ:AXTI) said it is not Show less Read more
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