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

Axcelis Technologies, Inc. (NASDAQ:ACLS) has earned an average recommendation of “Hold” from the six ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $130.25.

Several equities analysts recently commented on the stock. B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Monday, April 20th. Bank of America raised their price target on shares of Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a research report on Tuesday, June 23rd. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th.

Axcelis Technologies Price Performance

NASDAQ ACLS opened at $134.10 on Wednesday. The stock has a 50-day simple moving average of $157.13 and a 200 day simple moving average of $121.76. Axcelis Technologies has a twelve month low of $65.64 and a twelve month high of $193.78. The stock has a market capitalization of $4.12 billion, a PE ratio of 41.78, a P/E/G ratio of 10.02 and a beta of 1.88. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59.

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

Insider Activity

In related news, CEO Russell Low sold 7,468 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $156.75, for a total transaction of $1,170,609.00. Following the transaction, the chief executive officer directly owned 123,570 shares in the company, valued at $19,369,597.50. The trade was a 5.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John T. Kurtzweil sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $138.79, for a total value of $485,765.00. Following the completion of the transaction, the director directly owned 32,990 shares of the company’s stock, valued at approximately $4,578,682.10. This trade represents a 9.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 34,795 shares of company stock valued at $5,344,383. Corporate insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. REAP Financial Group LLC acquired a new stake in Axcelis Technologies during the fourth quarter worth $25,000. EverSource Wealth Advisors LLC raised its stake in shares of Axcelis Technologies by 145.1% in the 2nd 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 in the last quarter. Advisory Services Network LLC bought a new position in shares of Axcelis Technologies during the 3rd quarter worth about $32,000. Leonteq Securities AG bought a new position in shares of Axcelis Technologies during the 4th quarter worth about $40,000. Finally, Clearstead Advisors LLC boosted its position in shares of Axcelis Technologies by 197.1% during the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock valued at $58,000 after acquiring an additional 477 shares in the last quarter. 89.98% of the stock is currently owned by institutional investors and hedge funds.

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.