Analysts Set Axcelis Technologies, Inc. (NASDAQ:ACLS) PT at $116.25

Shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) have earned an average rating of “Hold” from the six analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $116.25.

A number of analysts recently weighed in on ACLS shares. B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research report on Monday, April 20th. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Finally, Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th.

Insider Transactions at Axcelis Technologies

In other news, Director John T. Kurtzweil sold 3,500 shares of Axcelis Technologies stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $138.79, for a total transaction of $485,765.00. Following the completion of the sale, the director owned 32,990 shares of the company’s stock, valued at approximately $4,578,682.10. The trade was a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gregory B. Graves sold 3,225 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $141.61, for a total value of $456,692.25. Following the completion of the sale, the director owned 5,473 shares of the company’s stock, valued at $775,031.53. The trade was a 37.08% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 36,039 shares of company stock valued at $5,461,394. Company insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On Axcelis Technologies

Institutional investors and hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. increased its stake in shares of Axcelis Technologies by 85.9% during the fourth quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock valued at $145,207,000 after buying an additional 835,242 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Axcelis Technologies by 3,402.5% in the first quarter. The Manufacturers Life Insurance Company now owns 491,745 shares of the semiconductor company’s stock worth $45,772,000 after acquiring an additional 477,705 shares during the period. LSV Asset Management purchased a new stake in Axcelis Technologies in the third quarter worth about $30,747,000. Invesco Ltd. grew its holdings in Axcelis Technologies by 176.6% during the 3rd quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock worth $37,761,000 after acquiring an additional 246,939 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its holdings in Axcelis Technologies by 10,368.7% during the 4th quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company’s stock worth $19,563,000 after acquiring an additional 241,177 shares in the last quarter. 89.98% of the stock is owned by institutional investors.

Axcelis Technologies Price Performance

NASDAQ:ACLS opened at $154.76 on Tuesday. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 48.21, a PEG ratio of 10.42 and a beta of 1.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. The business has a 50 day simple moving average of $135.97 and a 200-day simple moving average of $104.07. Axcelis Technologies has a 1 year low of $64.17 and a 1 year high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. The firm had revenue of $198.96 million for the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Equities analysts forecast that Axcelis Technologies will post 3.21 EPS for the current year.

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.