Analysts Set Axcelis Technologies, Inc. (NASDAQ:ACLS) Target Price at $101.50

Shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) have been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $101.50.

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

Insider Transactions at Axcelis Technologies

In other Axcelis Technologies news, Director Jorge Titinger sold 1,000 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $80.00, for a total transaction of $80,000.00. Following the sale, the director owned 6,477 shares of the company’s stock, valued at $518,160. The trade was a 13.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.48% of the stock is owned by insiders.

Hedge Funds Weigh In On Axcelis Technologies

Several hedge funds have recently made changes to their positions in ACLS. Salomon & Ludwin LLC purchased a new stake in Axcelis Technologies during the 3rd quarter worth about $25,000. REAP Financial Group LLC purchased a new position in Axcelis Technologies during the 4th quarter valued at about $25,000. Close Asset Management Ltd purchased a new position in Axcelis Technologies during the 3rd quarter valued at about $27,000. EverSource Wealth Advisors LLC increased its position 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 valued at $31,000 after buying an additional 267 shares during the period. Finally, Caitlin John LLC bought a new stake in shares of Axcelis Technologies during the third quarter valued at about $32,000. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

Axcelis Technologies Price Performance

Axcelis Technologies stock opened at $84.43 on Thursday. The business’s 50 day simple moving average is $87.69 and its 200 day simple moving average is $86.26. Axcelis Technologies has a 12 month low of $40.40 and a 12 month high of $102.93. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 10.09 and a beta of 1.78. 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 (NASDAQ:ACLS) last released its earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.37. The business had revenue of $238.33 million during the quarter, compared to the consensus estimate of $215.04 million. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The business’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same period last year, the business posted $1.54 earnings per share. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. Sell-side analysts forecast that Axcelis Technologies will post 2.55 EPS for the current year.

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.