Axcelis Technologies, Inc. (NASDAQ:ACLS) Receives $130.25 Average Target Price from Analysts

Axcelis Technologies, Inc. (NASDAQ:ACLS) has earned an average recommendation of “Hold” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $130.25.

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

Insider Activity at Axcelis Technologies

In other news, Director Necip Sayiner sold 1,586 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $157.44, for a total transaction of $249,699.84. Following the completion of the sale, the director owned 7,112 shares of the company’s stock, valued at $1,119,713.28. This represents a 18.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Todd Sutton sold 2,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $159.99, for a total transaction of $319,980.00. Following the sale, the vice president directly owned 6,360 shares of the company’s stock, valued at approximately $1,017,536.40. This represents a 23.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 34,795 shares of company stock worth $5,344,383 over the last 90 days. Corporate insiders own 0.49% of the company’s stock.

Institutional Trading of Axcelis Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in ACLS. REAP Financial Group LLC purchased a new stake in shares of Axcelis Technologies in the 4th quarter valued at approximately $25,000. EverSource Wealth Advisors LLC boosted its position in shares of Axcelis Technologies by 145.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 267 shares during the period. Advisory Services Network LLC acquired a new stake in Axcelis Technologies in the 3rd quarter valued at approximately $32,000. Leonteq Securities AG acquired a new stake in Axcelis Technologies in the 4th quarter valued at approximately $40,000. Finally, Clearstead Advisors LLC raised its position in Axcelis Technologies by 197.1% in the fourth quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock valued at $58,000 after purchasing an additional 477 shares during the period. Institutional investors and hedge funds own 89.98% of the company’s stock.

Axcelis Technologies Price Performance

Shares of NASDAQ ACLS opened at $120.03 on Wednesday. The firm has a market cap of $3.69 billion, a PE ratio of 37.39, a PEG ratio of 9.07 and a beta of 1.88. The firm has a fifty day moving average of $156.30 and a 200 day moving average of $122.42. 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 has a one year low of $65.64 and a one year high of $193.78.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data 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. The company had revenue of $198.96 million during the quarter, compared to analysts’ expectations of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, research analysts predict that Axcelis Technologies will post 3.21 EPS for the current fiscal 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.