Why AXT, Inc. (AXTI) stock fell 12.8% intraday on Friday, October 30, 2026

AXT, Inc. (AXTI) traded at $53.09 as of 3:31 PM ET, down 12.80% on Friday, October 30, 2026, on volume of 10,553,355 shares (1.0× its 3-month average); market value about $3.50B.

AXTI was among the stocks moving 5% or more in an earlier update that day; by the close it was no longer moving that much.

What happened: primary sources

Events Nexqual found for AXTI on Friday, October 30, 2026 or the trading day before (October 29, 2026):

• Oct 29, 2026: Reported Q3 2026 results: adjusted EPS $0.41 vs consensus $0.31 (beat), revenue $73.4M vs consensus $66.0M (beat). source
• Oct 30, 2026: B. Riley Securities: Target raised, Neutral, price target $55 → $56

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on AXTI

AXTI stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Earnings report: AXTI results, October 29, 2026. Other big moves that day: October 30, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 4, 2026 at 11:38 UTC. Not investment advice.

Data source: Nexqual. Last updated: November 4, 2026 at 11:38 UTC. This page is informational and not investment advice.

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