Axcelis Technologies, Inc. (NASDAQ:ACLS) Receives $101.50 Average PT from Analysts

Shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) have been assigned a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $101.50.

Several equities research analysts have weighed in on the stock. Wall Street Zen lowered shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. Zacks Research cut shares of Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, February 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Axcelis Technologies in a report on Monday, December 22nd. B. Riley Financial decreased their target price on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Finally, Bank of America raised their price target on Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a research report on Tuesday, January 13th.

Axcelis Technologies Price Performance

Shares of ACLS opened at $83.58 on Friday. The company has a current ratio of 4.77, a quick ratio of 3.11 and a debt-to-equity ratio of 0.04. Axcelis Technologies has a 1 year low of $40.40 and a 1 year high of $102.93. The stock has a market cap of $2.57 billion, a P/E ratio of 22.05, a price-to-earnings-growth ratio of 9.57 and a beta of 1.77. The stock’s 50-day moving average price is $87.80 and its two-hundred day moving average price is $85.75.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.37. The company had revenue of $238.33 million during the quarter, compared to analysts’ expectations of $215.04 million. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.Axcelis Technologies’s revenue was down 5.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 EPS. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. On average, equities analysts predict that Axcelis Technologies will post 2.55 earnings per share for the current year.

Insider Activity at Axcelis Technologies

In other Axcelis Technologies news, EVP Gerald M. Blumenstock sold 3,034 shares of Axcelis Technologies stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $89.46, for a total value of $271,421.64. Following the transaction, the executive vice president owned 18,661 shares of the company’s stock, valued at approximately $1,669,413.06. The trade was a 13.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jorge Titinger sold 1,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $80.00, for a total transaction of $80,000.00. Following the sale, the director directly owned 6,477 shares of the company’s stock, valued at $518,160. This represents a 13.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,034 shares of company stock worth $523,522 over the last 90 days. Corporate insiders own 0.48% of the company’s stock.

Institutional Trading of Axcelis Technologies

A number of institutional investors have recently modified their holdings of the company. Victory Capital Management Inc. raised its position in Axcelis Technologies by 85.9% in the 4th quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock valued at $145,207,000 after buying an additional 835,242 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Axcelis Technologies by 45.5% during the 2nd quarter. American Century Companies Inc. now owns 1,659,463 shares of the semiconductor company’s stock worth $115,648,000 after acquiring an additional 518,968 shares in the last quarter. LSV Asset Management bought a new position in shares of Axcelis Technologies during the 3rd quarter worth approximately $30,747,000. Invesco Ltd. raised its holdings in shares of Axcelis Technologies by 176.6% in the third quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock valued at $37,761,000 after purchasing an additional 246,939 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its position in shares of Axcelis Technologies by 10,368.7% in the fourth quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company’s stock worth $19,563,000 after purchasing an additional 241,177 shares in the last quarter. 89.98% of the stock is currently owned by institutional investors.

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.