Axcelis Technologies, Inc. (NASDAQ:ACLS) Given Average Recommendation of “Hold” by Analysts

Shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) have earned an average recommendation of “Hold” from the six brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $101.50.

ACLS has been the subject of a number of recent research reports. Zacks Research cut Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Wall Street Zen lowered Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Monday, December 22nd. B. Riley Financial reduced 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. Finally, Bank of America upped their target price 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 Down 0.6%

Shares of Axcelis Technologies stock opened at $80.16 on Friday. Axcelis Technologies has a 1 year low of $40.40 and a 1 year 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 50-day moving average of $88.04 and a 200 day moving average of $85.72. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.77 and a quick ratio of 3.32.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings data on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share for the quarter, topping 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 business had revenue of $238.33 million for the quarter, compared to analysts’ expectations of $215.04 million. During the same quarter in the prior year, the company earned $1.54 earnings per share. The business’s revenue was down 5.6% compared to the same quarter last year. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. As a group, sell-side analysts anticipate that Axcelis Technologies will post 2.55 earnings per share for the current fiscal year.

Insider Activity at Axcelis Technologies

In other news, Director Jorge Titinger sold 2,000 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $86.05, for a total value of $172,100.00. Following the completion of the transaction, the director owned 7,477 shares in the company, valued at $643,395.85. The trade was a 21.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Gerald M. Blumenstock sold 3,034 shares of the 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 directly owned 18,661 shares in the company, valued at $1,669,413.06. This trade represents a 13.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Axcelis Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Salomon & Ludwin LLC bought a new position in shares of Axcelis Technologies in the third quarter worth about $25,000. Close Asset Management Ltd bought a new stake in Axcelis Technologies during the 3rd quarter worth approximately $27,000. REAP Financial Group LLC purchased a new position in Axcelis Technologies during the fourth quarter valued at approximately $25,000. Advisory Services Network LLC bought a new position in shares of Axcelis Technologies in the third quarter worth approximately $32,000. Finally, Caitlin John LLC bought a new position in shares of Axcelis Technologies in the third quarter worth approximately $32,000. 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.