Brokerages Set Axcelis Technologies, Inc. (NASDAQ:ACLS) Target Price at $130.25

Axcelis Technologies, Inc. (NASDAQ:ACLS) has been assigned a consensus recommendation of “Hold” from the six brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $130.25.

ACLS has been the topic of a number of recent analyst reports. Bank of America upped their price target on Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a research report on Tuesday, June 23rd. B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company in a research report on Monday, April 20th. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Weiss Ratings downgraded Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th.

Axcelis Technologies Price Performance

Shares of Axcelis Technologies stock opened at $134.10 on Wednesday. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04. The company has a market cap of $4.12 billion, a P/E ratio of 41.78, a PEG ratio of 9.49 and a beta of 1.88. The firm’s 50 day moving average price is $157.13 and its 200-day moving average price is $121.99. Axcelis Technologies has a 52-week low of $65.64 and a 52-week high of $193.78.

Axcelis Technologies (NASDAQ:ACLS) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. The company had revenue of $198.96 million during the quarter, compared to analysts’ expectations of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. Axcelis Technologies’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, sell-side analysts predict that Axcelis Technologies will post 3.21 EPS for the current fiscal year.

Insider Buying and Selling

In other news, VP Todd Sutton sold 2,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $159.99, for a total transaction of $319,980.00. Following the transaction, the vice president owned 6,360 shares in the company, valued at $1,017,536.40. This represents a 23.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Eileen Evans sold 926 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $155.51, for a total transaction of $144,002.26. Following the transaction, the executive vice president owned 31,295 shares in the company, valued at approximately $4,866,685.45. This trade represents a 2.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 34,795 shares of company stock valued at $5,344,383 in the last 90 days. 0.49% of the stock is owned by insiders.

Institutional Trading of Axcelis Technologies

Several large investors have recently bought and sold shares of the stock. REAP Financial Group LLC acquired a new position in Axcelis Technologies during the 4th quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new position in shares of Axcelis Technologies in the third quarter worth $32,000. EverSource Wealth Advisors LLC lifted its stake in shares of Axcelis Technologies by 145.1% during the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after buying an additional 267 shares during the period. Leonteq Securities AG acquired a new stake in shares of Axcelis Technologies during the fourth quarter worth $40,000. Finally, Parallel Advisors LLC lifted its stake in shares of Axcelis Technologies by 22.0% during the first quarter. Parallel Advisors LLC now owns 665 shares of the semiconductor company’s stock worth $62,000 after buying an additional 120 shares during the period. Hedge funds and other institutional investors own 89.98% of the company’s stock.

About Axcelis Technologies

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.