Axcelis Technologies (NASDAQ:ACLS) Stock Price Up 10.2% – Time to Buy?

Axcelis Technologies, Inc. (NASDAQ:ACLS)’s share price rose 10.2% on Tuesday . The stock traded as high as $92.67 and last traded at $94.5210. Approximately 258,026 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 795,212 shares. The stock had previously closed at $85.77.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ACLS shares. Bank of America increased their price objective on shares of Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a research report on Tuesday, January 13th. Wall Street Zen lowered shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Zacks Research cut Axcelis Technologies from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Monday, December 22nd. Finally, B. Riley Financial cut their price target on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $101.50.

Axcelis Technologies Stock Up 6.8%

The stock’s fifty day moving average price is $87.59 and its 200-day moving average price is $86.56. 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 company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 26.61, a P/E/G ratio of 11.28 and a beta of 1.78.

Axcelis Technologies (NASDAQ:ACLS) last announced its earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $215.04 million. During the same quarter in the prior year, the company posted $1.54 earnings per share. The firm’s revenue was down 5.6% on a year-over-year basis. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. On average, sell-side analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Axcelis Technologies

In related news, Director Jorge Titinger sold 1,000 shares of Axcelis Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $80.00, for a total value of $80,000.00. Following the sale, the director owned 6,477 shares of the company’s stock, valued at approximately $518,160. The trade was a 13.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Salomon & Ludwin LLC acquired a new position in shares of Axcelis Technologies during the 3rd quarter worth approximately $25,000. REAP Financial Group LLC acquired a new stake in shares of Axcelis Technologies in the 4th quarter valued at approximately $25,000. Close Asset Management Ltd bought a new position in shares of Axcelis Technologies in the third quarter valued at $27,000. EverSource Wealth Advisors LLC increased its holdings in Axcelis Technologies by 145.1% during the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after buying an additional 267 shares during the last quarter. Finally, Caitlin John LLC acquired a new position in Axcelis Technologies during the third quarter worth $32,000. 89.98% of the stock is owned by institutional investors and hedge funds.

Axcelis Technologies Company Profile

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.