tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AXT Subsidiary Secures Export Permits in China

Story Highlights
  • Beijing Tongmei Xtal Technology received permits to resume indium phosphide exports.
  • The permits could lead to additional revenue not forecasted for the third quarter of 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AXT Subsidiary Secures Export Permits in China

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

AXT ( (AXTI) ) has issued an update.

In August 2025, Beijing Tongmei Xtal Technology Co., Ltd., a subsidiary of AXT, Inc., received export permits from the Ministry of Commerce of China to resume shipping indium phosphide substrates to additional customers, following export control restrictions announced in February 2025. This development is expected to generate several million dollars in revenue not included in the company’s third-quarter forecast, potentially impacting the company’s financial performance positively.

The most recent analyst rating on (AXTI) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on AXT stock, see the AXTI Stock Forecast page.

Spark’s Take on AXTI Stock

According to Spark, TipRanks’ AI Analyst, AXTI is a Neutral.

AXT’s overall stock score reflects significant financial and operational challenges. The most impactful factor is the weak financial performance, characterized by declining revenues and profitability. Technical analysis and valuation also present concerns, with bearish momentum and a negative P/E ratio. While there are some positive developments in margin recovery and AI demand, these are insufficient to offset the broader challenges.

To see Spark’s full report on AXTI stock, click here.

More about AXT

Beijing Tongmei Xtal Technology is a material science company that develops and manufactures high-performance compound and single element semiconductor substrate wafers, including indium phosphide, gallium arsenide, and germanium. Headquartered in Beijing, China, the company operates manufacturing facilities across three locations in China and holds partial ownership in joint ventures producing raw materials for its manufacturing process. It is a subsidiary of AXT, Inc.

Average Trading Volume: 455,027

Technical Sentiment Signal: Sell

Current Market Cap: $94.56M

Learn more about AXTI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1