🟢 AXT is trading 4.04% up today after record revenue and a return to profitability

AXT is trading 4.04% up at $70.48 after Zacks named it Bull of the Day on September 18, 2026.

• The note highlighted record second-quarter revenue of $47.6 million, a return to profitability, nearly 45% gross margins, and a 170% EPS beat.
• Analysts sharply raised 2026 earnings estimates, reinforcing optimism around AXT’s indium phosphide exposure to AI data-center demand.
• Semiconductor strength is providing additional support, with the broader sector up 2.78%.