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

Axcelis Technologies, Inc. (NASDAQ:ACLS) has been given an average rating of “Hold” by the six analysts that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $101.50.

ACLS has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Monday, December 22nd. Zacks Research lowered shares of Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, December 5th. B. Riley Financial lowered their price objective on shares of Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating for the company in a research note on Wednesday. Bank of America increased their target price 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. Finally, Wall Street Zen downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd.

Axcelis Technologies Stock Performance

NASDAQ ACLS opened at $80.16 on Friday. The company has a 50-day simple moving average of $88.04 and a two-hundred day simple moving average of $85.72. Axcelis Technologies has a 12-month low of $40.40 and a 12-month high of $102.93. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 21.15, a PEG ratio of 7.17 and a beta of 1.77. The company has a quick ratio of 3.32, a current ratio of 4.77 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.37. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The company had revenue of $238.33 million during the quarter, compared to analyst estimates of $215.04 million. During the same quarter in the previous year, the company posted $1.54 EPS. Axcelis Technologies’s revenue for the quarter 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 analysts forecast that Axcelis Technologies will post 2.55 EPS for the current year.

Insider Activity at Axcelis Technologies

In related news, EVP Gerald M. Blumenstock sold 3,034 shares of Axcelis Technologies stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $89.46, for a total value of $271,421.64. Following the sale, the executive vice president owned 18,661 shares in the company, valued at $1,669,413.06. The trade was a 13.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jorge Titinger sold 2,000 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $86.05, for a total transaction of $172,100.00. Following the transaction, the director directly owned 7,477 shares in the company, valued at approximately $643,395.85. The trade was a 21.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.48% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Axcelis Technologies

A number of large investors have recently modified their holdings of ACLS. Victory Capital Management Inc. raised its stake in Axcelis Technologies by 85.9% in the fourth quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock worth $145,207,000 after buying an additional 835,242 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Axcelis Technologies by 45.5% during the 2nd quarter. American Century Companies Inc. now owns 1,659,463 shares of the semiconductor company’s stock worth $115,648,000 after acquiring an additional 518,968 shares during the period. Reinhart Partners LLC. raised its position in shares of Axcelis Technologies by 6.0% in the 3rd quarter. Reinhart Partners LLC. now owns 1,610,332 shares of the semiconductor company’s stock worth $157,234,000 after acquiring an additional 91,788 shares in the last quarter. Primecap Management Co. CA lifted its stake in shares of Axcelis Technologies by 2.1% in the 2nd quarter. Primecap Management Co. CA now owns 852,296 shares of the semiconductor company’s stock valued at $59,397,000 after purchasing an additional 17,230 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Axcelis Technologies by 9.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 841,040 shares of the semiconductor company’s stock valued at $67,570,000 after purchasing an additional 71,428 shares during the period. Institutional investors 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.