B. Riley Raises Earnings Estimates for Axcelis Technologies

Axcelis Technologies, Inc. (NASDAQ:ACLS) – Analysts at B. Riley boosted their Q2 2026 earnings per share estimates for Axcelis Technologies in a research note issued to investors on Tuesday, November 4th. B. Riley analyst C. Ellis now forecasts that the semiconductor company will post earnings per share of $0.85 for the quarter, up from their prior estimate of $0.82. B. Riley has a “Neutral” rating and a $84.00 price objective on the stock. The consensus estimate for Axcelis Technologies’ current full-year earnings is $2.55 per share. B. Riley also issued estimates for Axcelis Technologies’ Q3 2026 earnings at $0.86 EPS and Q4 2026 earnings at $0.86 EPS.

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

Other equities 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 stock from $81.00 to $90.00 in a research note on Monday, October 13th. DA Davidson increased their price objective on Axcelis Technologies from $90.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axcelis Technologies in a report on Wednesday, October 8th. Wall Street Zen upgraded Axcelis Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, November 2nd. Finally, Zacks Research raised shares of Axcelis Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Axcelis Technologies has a consensus rating of “Hold” and an average target price of $98.80.

Axcelis Technologies Trading Up 4.4%

Shares of Axcelis Technologies stock opened at $85.74 on Friday. The company has a current ratio of 6.01, a quick ratio of 4.26 and a debt-to-equity ratio of 0.04. Axcelis Technologies has a 12-month low of $40.40 and a 12-month high of $102.93. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 17.53 and a beta of 1.75. The firm’s 50 day simple moving average is $86.28 and its two-hundred day simple moving average is $74.32.

Hedge Funds Weigh In On Axcelis Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC increased its holdings in shares of Axcelis Technologies by 57.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 5,783 shares of the semiconductor company’s stock valued at $291,000 after purchasing an additional 2,112 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in Axcelis Technologies during the first quarter worth $236,000. Principal Financial Group Inc. grew its holdings in Axcelis Technologies by 2.9% in the 1st quarter. Principal Financial Group Inc. now owns 194,038 shares of the semiconductor company’s stock valued at $9,638,000 after buying an additional 5,479 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Axcelis Technologies by 16.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 25,063 shares of the semiconductor company’s stock worth $1,245,000 after acquiring an additional 3,561 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of Axcelis Technologies by 97.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 796 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 393 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors and hedge funds.

About Axcelis Technologies

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.