Axcelis Technologies (NASDAQ:ACLS) Share Price Passes Above 200-Day Moving Average – What’s Next?

Axcelis Technologies, Inc. (NASDAQ:ACLS) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $86.88 and traded as high as $93.81. Axcelis Technologies shares last traded at $93.08, with a volume of 592,127 shares.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on ACLS shares. Bank of America raised their price target on shares of Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a research note on Tuesday, January 13th. B. Riley Financial cut their price objective on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Wall Street Zen cut Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Monday, December 22nd. Finally, Zacks Research cut Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, February 20th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $101.50.

Axcelis Technologies Stock Up 2.9%

The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 24.56, a PEG ratio of 10.81 and a beta of 1.78. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.77 and a quick ratio of 3.11. The business has a fifty day moving average of $87.75 and a 200 day moving average of $86.88.

Axcelis Technologies (NASDAQ:ACLS) last posted its earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.37. The company had revenue of $238.33 million for the quarter, compared to the consensus estimate of $215.04 million. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The company’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.54 earnings per share. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. As a group, equities analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current year.

Insider Transactions at Axcelis Technologies

In other news, Director Jorge Titinger sold 1,000 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $80.00, for a total transaction of $80,000.00. Following the sale, the director owned 6,477 shares of the company’s stock, valued at approximately $518,160. This represents a 13.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.48% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Salomon & Ludwin LLC acquired a new stake in shares of Axcelis Technologies in the 3rd quarter valued at $25,000. Close Asset Management Ltd acquired a new stake in Axcelis Technologies in the third quarter valued at $27,000. REAP Financial Group LLC purchased a new stake in Axcelis Technologies during the 4th quarter worth about $25,000. Advisory Services Network LLC acquired a new position in shares of Axcelis Technologies during the 3rd quarter worth about $32,000. Finally, Caitlin John LLC acquired a new position in shares of Axcelis Technologies during the 3rd quarter worth about $32,000. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

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.