Axcelis Technologies (NASDAQ:ACLS) Issues Quarterly Earnings Results, Beats Expectations By $0.20 EPS

Axcelis Technologies (NASDAQ:ACLS) posted its earnings results on Tuesday. The semiconductor company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.20, Briefing.com reports. The firm had revenue of $213.61 million for the quarter, compared to the consensus estimate of $200.06 million. Axcelis Technologies had a net margin of 17.69% and a return on equity of 16.26%. The company’s revenue was down 16.8% on a year-over-year basis. During the same period last year, the firm posted $1.49 EPS. Axcelis Technologies updated its Q4 2025 guidance to 1.120-1.120 EPS.

Axcelis Technologies Trading Up 4.9%

Shares of NASDAQ ACLS traded up $3.91 on Wednesday, reaching $84.42. 424,255 shares of the company traded hands, compared to its average volume of 633,601. The company has a 50 day moving average of $86.11 and a 200 day moving average of $73.70. The stock has a market capitalization of $2.65 billion, a PE ratio of 17.26 and a beta of 1.75. Axcelis Technologies has a fifty-two week low of $40.40 and a fifty-two week high of $102.93. The company has a current ratio of 6.01, a quick ratio of 4.26 and a debt-to-equity ratio of 0.04.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Bank of America cut shares of Axcelis Technologies from a “neutral” rating to an “underperform” rating and lifted their target price for the company from $81.00 to $90.00 in a report on Monday, October 13th. Benchmark upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a research report on Thursday, October 2nd. Wall Street Zen upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating in a research report on Sunday. Zacks Research lowered shares of Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Axcelis Technologies in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Axcelis Technologies presently has a consensus rating of “Hold” and an average target price of $98.80.

Hedge Funds Weigh In On Axcelis Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its holdings in Axcelis Technologies by 145.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 267 shares during the period. California State Teachers Retirement System boosted its holdings in Axcelis Technologies by 1.2% in the 2nd quarter. California State Teachers Retirement System now owns 30,130 shares of the semiconductor company’s stock worth $2,100,000 after acquiring an additional 358 shares during the period. Osaic Holdings Inc. boosted its holdings in Axcelis Technologies by 36.2% in the 2nd quarter. Osaic Holdings Inc. now owns 2,748 shares of the semiconductor company’s stock worth $191,000 after acquiring an additional 730 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings 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 worth $3,912,000 after acquiring an additional 836 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 worth $963,000 after acquiring an additional 849 shares during the period. Hedge funds and other institutional investors own 89.98% of the company’s stock.

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.