Analysts Set Axcelis Technologies, Inc. (NASDAQ:ACLS) PT at $116.25

Shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) have been given a consensus rating of “Hold” by the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $116.25.

ACLS has been the subject of a number of research reports. 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 report on Monday, April 20th. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research 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.

Axcelis Technologies Price Performance

Shares of NASDAQ:ACLS opened at $161.64 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. The firm has a fifty day moving average price of $113.26 and a 200 day moving average price of $95.52. Axcelis Technologies has a fifty-two week low of $55.93 and a fifty-two week high of $171.61. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 50.36, a P/E/G ratio of 12.91 and a beta of 1.93.

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. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm had revenue of $198.96 million during the quarter, compared to analyst estimates of $195.03 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. Axcelis Technologies’s revenue for the quarter was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, sell-side analysts expect that Axcelis Technologies will post 2.86 earnings per share for the current fiscal year.

Insider Activity at Axcelis Technologies

In related news, Director Jorge Titinger sold 2,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $164.14, for a total transaction of $328,280.00. Following the sale, the director owned 4,477 shares of the company’s stock, valued at $734,854.78. This represents a 30.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Greg Redinbo sold 2,883 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $160.85, for a total transaction of $463,730.55. Following the sale, the executive vice president directly owned 29,823 shares in the company, valued at approximately $4,797,029.55. The trade was a 8.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,097 shares of company stock worth $2,695,910 in the last three months. Insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On Axcelis Technologies

A number of hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC raised its stake in Axcelis Technologies by 22.0% during the first quarter. Parallel Advisors LLC now owns 665 shares of the semiconductor company’s stock valued at $62,000 after purchasing an additional 120 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Axcelis Technologies by 29.7% during the third quarter. EverSource Wealth Advisors LLC now owns 585 shares of the semiconductor company’s stock valued at $57,000 after purchasing an additional 134 shares in the last quarter. Larson Financial Group LLC raised its stake in Axcelis Technologies by 17.8% during the fourth quarter. Larson Financial Group LLC now owns 933 shares of the semiconductor company’s stock valued at $75,000 after purchasing an additional 141 shares in the last quarter. CWM LLC raised its stake in Axcelis Technologies by 5.8% during the fourth quarter. CWM LLC now owns 2,623 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 143 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Axcelis Technologies by 18.6% during the third quarter. Smartleaf Asset Management LLC now owns 957 shares of the semiconductor company’s stock valued at $93,000 after purchasing an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 89.98% of the company’s stock.

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.