Axcelis Technologies, Inc. (NASDAQ:ACLS) Receives $116.25 Consensus PT from Analysts

Shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) have earned an average recommendation of “Hold” from the six ratings firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $116.25.

Several equities analysts have commented on the stock. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a report on Monday, April 20th. Weiss Ratings upgraded shares of Axcelis Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Finally, Bank of America upped their price objective on shares of Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a report on Tuesday, January 13th.

Axcelis Technologies Price Performance

Shares of ACLS opened at $161.64 on Friday. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 50.36, a PEG ratio of 13.14 and a beta of 1.93. Axcelis Technologies has a 1-year low of $55.93 and a 1-year high of $171.61. The company’s fifty day simple moving average is $110.24 and its 200 day simple moving average is $94.42. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The business had revenue of $198.96 million for the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, research analysts forecast that Axcelis Technologies will post 2.86 earnings per share for the current fiscal year.

Insider Buying and Selling at Axcelis Technologies

In other Axcelis Technologies news, Director Jorge Titinger sold 1,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $80.00, for a total value of $80,000.00. Following the transaction, the director directly owned 6,477 shares in the company, valued at $518,160. The trade was a 13.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Russell Low sold 7,468 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $156.75, for a total transaction of $1,170,609.00. Following the completion of the transaction, the chief executive officer owned 123,570 shares in the company, valued at approximately $19,369,597.50. This represents a 5.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 10,956 shares of company stock worth $1,540,361. Corporate insiders own 0.49% of the company’s stock.

Hedge Funds Weigh In On Axcelis Technologies

Several institutional investors and hedge funds have recently modified their holdings of ACLS. Summit Global Investments bought a new stake in shares of Axcelis Technologies in the third quarter valued at about $789,000. AlphaQuest LLC bought a new stake in shares of Axcelis Technologies in the third quarter valued at about $1,347,000. Oliver Luxxe Assets LLC bought a new stake in shares of Axcelis Technologies in the fourth quarter valued at about $1,451,000. Jackson Creek Investment Advisors LLC bought a new stake in shares of Axcelis Technologies in the third quarter valued at about $2,177,000. Finally, Old West Investment Management LLC bought a new stake in shares of Axcelis Technologies in the third quarter valued at about $1,588,000. 89.98% of the stock is currently owned by institutional investors and hedge funds.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.

The company’s product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.