Brokerages Set Axcelis Technologies, Inc. (NASDAQ:ACLS) Target Price at $90.00

Axcelis Technologies, Inc. (NASDAQ:ACLS) has been given a consensus rating of “Hold” by the six ratings firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $90.00.

ACLS has been the topic of a number of research analyst reports. B. Riley increased their price target on Axcelis Technologies from $58.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 18th. DA Davidson increased their price target on Axcelis Technologies from $75.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th.

Axcelis Technologies Trading Down 2.9%

ACLS stock opened at $94.76 on Thursday. Axcelis Technologies has a 1-year low of $40.40 and a 1-year high of $107.23. The firm has a market cap of $2.98 billion, a P/E ratio of 19.38 and a beta of 1.75. The business’s 50 day moving average is $83.19 and its 200-day moving average is $67.64. The company has a current ratio of 6.01, a quick ratio of 4.26 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.40. The company had revenue of $194.54 million for the quarter, compared to analyst estimates of $185.15 million. Axcelis Technologies had a return on equity of 16.26% and a net margin of 17.69%.The company’s revenue was down 24.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.55 EPS. Axcelis Technologies has set its Q3 2025 guidance at 1.000-1.000 EPS. Equities analysts anticipate that Axcelis Technologies will post 2.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ACLS. Two Sigma Investments LP lifted its stake in shares of Axcelis Technologies by 169.0% in the 4th quarter. Two Sigma Investments LP now owns 19,635 shares of the semiconductor company’s stock valued at $1,372,000 after purchasing an additional 12,335 shares during the period. Woodline Partners LP raised its stake in Axcelis Technologies by 83.4% during the 4th quarter. Woodline Partners LP now owns 4,615 shares of the semiconductor company’s stock worth $322,000 after buying an additional 2,098 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Axcelis Technologies by 3.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 77,920 shares of the semiconductor company’s stock worth $5,444,000 after buying an additional 2,621 shares during the period. Mackenzie Financial Corp raised its stake in Axcelis Technologies by 186.3% during the 4th quarter. Mackenzie Financial Corp now owns 5,887 shares of the semiconductor company’s stock worth $411,000 after buying an additional 3,831 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Axcelis Technologies during the 4th quarter worth $298,000. Institutional investors and hedge funds 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.