Axcelis Technologies, Inc. (NASDAQ:ACLS) Receives Consensus Recommendation of “Hold” from Analysts

Axcelis Technologies, Inc. (NASDAQ:ACLS) has earned a consensus recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $101.50.

A number of equities analysts have commented on ACLS shares. Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a research report on Monday, December 22nd. Wall Street Zen cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Zacks Research cut shares of Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research note on Friday, February 20th. B. Riley Financial decreased their price objective on shares of Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Finally, Bank of America upped their price objective on shares of Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a research note on Tuesday, January 13th.

Axcelis Technologies Stock Performance

Shares of ACLS stock opened at $110.37 on Monday. Axcelis Technologies has a 52-week low of $43.00 and a 52-week high of $112.82. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 29.12, a P/E/G ratio of 13.19 and a beta of 1.65. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.11 and a current ratio of 4.77. The firm has a fifty day moving average of $89.20 and a 200-day moving average of $87.21.

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

Insider Activity

In other Axcelis Technologies news, Director Jorge Titinger sold 1,000 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $80.00, for a total transaction of $80,000.00. Following the sale, the director directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Russell Low sold 1,244 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $94.06, for a total transaction of $117,010.64. Following the sale, the chief executive officer directly owned 132,282 shares in the company, valued at $12,442,444.92. This represents a 0.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.49% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Axcelis Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ACLS. Royal Bank of Canada increased its position in Axcelis Technologies by 3.8% in the 1st quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company’s stock valued at $5,838,000 after acquiring an additional 4,324 shares in the last quarter. AQR Capital Management LLC increased its position in Axcelis Technologies by 4.9% in the 1st quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company’s stock valued at $1,774,000 after acquiring an additional 1,678 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Axcelis Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company’s stock valued at $963,000 after acquiring an additional 849 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Axcelis Technologies by 7.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock valued at $31,560,000 after acquiring an additional 44,275 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Axcelis Technologies by 1.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 78,756 shares of the semiconductor company’s stock valued at $3,912,000 after acquiring an additional 836 shares in the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.

About Axcelis Technologies

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.