AXT Inc. (AXTI) Jumps 12% on Bargain-Hunting

AXT Inc. (NASDAQ:AXTI) is one of the 10 Stocks With Easy 8-20% Gains.

AXT saw its share prices jump by 12.09 percent on Thursday to finish at $52.84 apiece, as investors resorted to bargain-hunting following a steep drop in the day prior, with the rally backed by continued optimism for a strong first quarter performance.

Earlier this year, AXT Inc. (NASDAQ:AXTI) provided a highly optimistic outlook for the first quarter, saying that it expects to achieve sequential growth amid progress on its export permits that were lacking in the fourth quarter of 2025.

“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 has 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, the company 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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