Brokerages Set Axcelis Technologies, Inc. (NASDAQ:ACLS) Target Price at $102.25

Axcelis Technologies, Inc. (NASDAQ:ACLS) has been assigned an average rating of “Hold” from the eight analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $102.25.

Several research analysts recently commented on the company. Zacks Research cut Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. B. Riley lifted their price objective on Axcelis Technologies from $84.00 to $94.00 and gave the company a “neutral” rating in a research note on Wednesday, January 21st. Wall Street Zen downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a report on Monday, December 22nd. Finally, Bank of America boosted their price target on shares of Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a report on Tuesday, January 13th.

Axcelis Technologies Trading Down 4.5%

ACLS opened at $88.07 on Wednesday. Axcelis Technologies has a 52 week low of $40.40 and a 52 week high of $102.93. The company has a quick ratio of 3.32, a current ratio of 4.95 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $87.51 and a 200-day simple moving average of $84.10. The firm has a market cap of $2.70 billion, a P/E ratio of 20.82 and a beta of 1.73.

Axcelis Technologies (NASDAQ:ACLS) last posted its earnings results on Tuesday, November 4th. The semiconductor company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.20. The firm had revenue of $213.61 million for the quarter, compared to analyst estimates of $200.06 million. Axcelis Technologies had a return on equity of 14.58% and a net margin of 15.93%.Axcelis Technologies’s revenue was down 16.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.49 EPS. Axcelis Technologies has set its Q4 2025 guidance at 1.120-1.120 EPS. On average, equities analysts expect that Axcelis Technologies will post 2.55 earnings per share for the current year.

Insiders Place Their Bets

In other Axcelis Technologies news, EVP Gerald M. Blumenstock sold 3,034 shares of Axcelis Technologies stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $89.46, for a total transaction of $271,421.64. Following the completion of the sale, the executive vice president directly owned 18,661 shares of the company’s stock, valued at $1,669,413.06. The trade was a 13.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jorge Titinger sold 2,000 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $86.05, for a total value of $172,100.00. Following the completion of the transaction, the director owned 7,477 shares in the company, valued at approximately $643,395.85. The trade was a 21.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Axcelis Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC acquired a new stake in Axcelis Technologies during the third quarter worth approximately $25,000. Close Asset Management Ltd acquired a new position in shares of Axcelis Technologies in the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC grew its position 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 during the last quarter. Caitlin John LLC acquired a new stake in Axcelis Technologies during the 3rd quarter worth $32,000. Finally, Advisory Services Network LLC purchased a new stake in Axcelis Technologies in the third quarter valued at $32,000. 89.98% of the stock is owned by institutional investors and hedge funds.

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.