DA Davidson Has Bullish Forecast for ACLS FY2026 Earnings

Axcelis Technologies, Inc. (NASDAQ:ACLS) – Stock analysts at DA Davidson upped their FY2026 earnings per share (EPS) estimates for Axcelis Technologies in a report issued on Wednesday, November 5th. DA Davidson analyst T. Diffely now expects that the semiconductor company will earn $4.45 per share for the year, up from their previous forecast of $3.94. DA Davidson currently has a “Buy” rating and a $110.00 target price on the stock. The consensus estimate for Axcelis Technologies’ current full-year earnings is $2.55 per share.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings results on Monday, April 21st. The semiconductor company reported $1.71 EPS for the quarter. Axcelis Technologies had a return on equity of 16.26% and a net margin of 17.69%.The firm had revenue of $252.42 million for the quarter.

A number of other research firms have also recently weighed in on ACLS. Weiss Ratings reissued a “hold (c)” rating on shares of Axcelis Technologies in a research report on Wednesday, October 8th. Benchmark upgraded Axcelis Technologies from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a research note on Thursday, October 2nd. Bank of America downgraded Axcelis Technologies from a “neutral” rating to an “underperform” rating and increased their price target for the company from $81.00 to $90.00 in a report on Monday, October 13th. B. Riley dropped their price objective on Axcelis Technologies from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Zacks Research lowered Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Axcelis Technologies has a consensus rating of “Hold” and a consensus target price of $98.80.

Axcelis Technologies Stock Up 0.4%

Shares of ACLS stock traded up $0.37 on Friday, hitting $82.51. The stock had a trading volume of 166,857 shares, compared to its average volume of 633,512. The stock’s 50 day moving average is $86.17 and its 200-day moving average is $73.83. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 16.91 and a beta of 1.75. Axcelis Technologies has a 52-week low of $40.40 and a 52-week high of $102.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.26 and a current ratio of 6.01.

Institutional Investors Weigh In On Axcelis Technologies

Several institutional investors and hedge funds have recently bought and sold shares of ACLS. Salomon & Ludwin LLC acquired a new position in Axcelis Technologies in the third quarter valued at approximately $25,000. EverSource Wealth Advisors LLC raised its position in shares of Axcelis Technologies by 145.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 267 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Axcelis Technologies by 50.3% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 481 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 161 shares during the last quarter. Strs Ohio acquired a new position in Axcelis Technologies during the 3rd quarter valued at approximately $49,000. Finally, Parallel Advisors LLC boosted its position in Axcelis Technologies by 129.0% during the 2nd quarter. Parallel Advisors LLC now owns 545 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 307 shares during the period. Institutional investors and hedge funds own 89.98% of the company’s stock.

Axcelis Technologies Company Profile

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.