AXT Inc. (AXT) Surges 8.26% as Traders Gear Up for Earnings

AXT Inc. (NASDAQ:AXTI) is one of the 10 Stocks With Effortless Gains.

AXT grew its share prices by 8.26 percent on Tuesday to close at $45.46 apiece, as investors resumed buying positions ahead of an expected robust earnings performance for the first quarter of the year.

According to the company, it would announce its financial and operating highlights for January to March after market close on April 30, 2026. A conference call will be held to elaborate on the results.

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Earlier this year, AXT Inc. (NASDAQ:AXTI) posted an optimistic outlook for the first quarter of the year, saying that it expects to achieve sequential revenue growth amid demand growth in indium phosphide for the AI infrastructure build-out, supported by its progress in export permits, which were lacking in the fourth quarter last year.

Indium phosphide is a high-performance semiconductor primarily used for high-speed electronics, optoelectronics, and photonics, and is crucial for various industries, including fiber optic communications, mobile networks, automotive lidars, and laser technologies, among others.

“We are in a strong position to achieve sequential revenue growth in Q1, driven primarily by growth in indium phosphide for the AI infrastructure build-out,” AXT Inc. (NASDAQ:AXTI) CEO Morris Young said.

“We are also on track to double our indium phosphide manufacturing capacity this year and have a strong balance sheet to support our continued business expansion,” he noted.

Last year, AXT Inc. (NASDAQ:AXTI) widened its attributable net loss by 83 percent to $21.26 million from $11.6 million in 2024. Revenues also declined by 11 percent to $88 million from $99 million year-on-year.

In the fourth quarter alone, attributable net loss narrowed by 31 percent to $3.5 million from $5.09 million, while revenues dropped by 8 percent to $23 million from $25 million.

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