Axcelis Technologies, Inc. (NASDAQ:ACLS) Given Consensus Rating of “Hold” by Brokerages

Shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) have earned a consensus rating of “Hold” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to 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.

Several equities analysts recently commented on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Monday, December 22nd. Bank of America upped their price objective on Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a research report on Tuesday, January 13th. B. Riley Financial dropped their price objective on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Wall Street Zen lowered Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Finally, Zacks Research cut Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research note on Friday, February 20th.

Insiders Place Their Bets

In other Axcelis Technologies news, Director Jorge Titinger sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $80.00, for a total transaction of $80,000.00. Following the sale, the director owned 6,477 shares of the company’s stock, valued at approximately $518,160. This trade represents a 13.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Royal Bank of Canada increased its position in Axcelis Technologies by 3.8% during the first quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company’s stock worth $5,838,000 after buying an additional 4,324 shares during the period. AQR Capital Management LLC grew its position in shares of Axcelis Technologies by 4.9% during the first quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company’s stock worth $1,774,000 after acquiring an additional 1,678 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Axcelis Technologies by 4.6% during the first 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 last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Axcelis Technologies by 7.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock valued at $31,560,000 after acquiring an additional 44,275 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of 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 valued at $3,912,000 after acquiring an additional 836 shares during the period. Institutional investors and hedge funds own 89.98% of the company’s stock.

Axcelis Technologies Trading Up 0.7%

NASDAQ ACLS opened at $85.74 on Thursday. Axcelis Technologies has a 52 week low of $40.40 and a 52 week high of $102.93. The firm has a 50 day moving average of $87.92 and a two-hundred day moving average of $86.18. The company has a quick ratio of 3.11, a current ratio of 4.77 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $2.63 billion, a PE ratio of 22.62, a price-to-earnings-growth ratio of 10.18 and a beta of 1.78.

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, beating analysts’ consensus estimates of $1.12 by $0.37. The business had revenue of $238.33 million for the quarter, compared to analyst estimates of $215.04 million. Axcelis Technologies had a net margin of 14.33% and a return on equity of 13.73%. The company’s revenue was down 5.6% on a year-over-year basis. During the same period last year, the business earned $1.54 EPS. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. As a group, research analysts expect that Axcelis Technologies will post 2.55 EPS for the current fiscal 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.