DA Davidson Brokers Increase Earnings Estimates for ACLS

Axcelis Technologies, Inc. (NASDAQ:ACLS) – Equities research analysts at DA Davidson boosted their FY2026 EPS estimates for Axcelis Technologies in a research note issued on Wednesday, November 5th. DA Davidson analyst T. Diffely now expects that the semiconductor company will post earnings per share of $4.45 for the year, up from their prior estimate of $3.94. DA Davidson currently has a “Buy” rating and a $110.00 price objective on the stock. The consensus estimate for Axcelis Technologies’ current full-year earnings is $2.55 per share.

Axcelis Technologies (NASDAQ:ACLS) last posted its earnings results on Monday, April 21st. The semiconductor company reported $1.71 EPS for the quarter. Axcelis Technologies had a net margin of 17.69% and a return on equity of 16.26%. The company had revenue of $252.42 million during the quarter.

Other research analysts have also issued research reports about the company. Bank of America lowered Axcelis Technologies from a “neutral” rating to an “underperform” rating and raised their target price for the company from $81.00 to $90.00 in a report on Monday, October 13th. B. Riley lowered their price target on Axcelis Technologies from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Wednesday. Wall Street Zen upgraded Axcelis Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, November 2nd. Benchmark raised shares of Axcelis Technologies from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a report on Thursday, October 2nd. Finally, Zacks Research lowered shares of Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $98.80.

Axcelis Technologies Stock Performance

Shares of ACLS opened at $85.74 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.26 and a current ratio of 6.01. The stock has a 50 day moving average price of $86.28 and a two-hundred day moving average price of $74.11. The firm has a market capitalization of $2.69 billion, a P/E ratio of 17.53 and a beta of 1.75. Axcelis Technologies has a 52 week low of $40.40 and a 52 week high of $102.93.

Institutional Investors Weigh In On Axcelis Technologies

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of Axcelis Technologies by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 4,439,902 shares of the semiconductor company’s stock worth $220,530,000 after purchasing an additional 43,768 shares during the period. American Century Companies Inc. increased its holdings in Axcelis Technologies by 45.5% during the second quarter. American Century Companies Inc. now owns 1,659,463 shares of the semiconductor company’s stock worth $115,648,000 after buying an additional 518,968 shares during the last quarter. Reinhart Partners LLC. raised its position in Axcelis Technologies by 6.0% in the third quarter. Reinhart Partners LLC. now owns 1,610,332 shares of the semiconductor company’s stock worth $157,234,000 after acquiring an additional 91,788 shares during the period. Primecap Management Co. CA raised its position in Axcelis Technologies by 2.1% in the second quarter. Primecap Management Co. CA now owns 852,296 shares of the semiconductor company’s stock worth $59,397,000 after acquiring an additional 17,230 shares during the period. Finally, Boston Trust Walden Corp boosted its stake in Axcelis Technologies by 2.4% in the second quarter. Boston Trust Walden Corp now owns 845,911 shares of the semiconductor company’s stock valued at $58,952,000 after acquiring an additional 19,579 shares during the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.