DA Davidson Has Bullish Estimate for ACLS FY2025 Earnings

Axcelis Technologies, Inc. (NASDAQ:ACLSFree Report) – Stock analysts at DA Davidson lifted their FY2025 earnings estimates for shares of Axcelis Technologies in a research note issued to investors on Wednesday, November 5th. DA Davidson analyst T. Diffely now anticipates that the semiconductor company will post earnings of $3.65 per share for the year, up from their previous estimate of $3.54. DA Davidson has a “Buy” rating and a $110.00 price objective on the stock. The consensus estimate for Axcelis Technologies’ current full-year earnings is $2.55 per share. DA Davidson also issued estimates for Axcelis Technologies’ Q4 2025 earnings at $0.98 EPS.

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

Other equities research analysts have also issued research reports about the company. Zacks Research lowered Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Bank of America lowered shares of Axcelis Technologies from a “neutral” rating to an “underperform” rating and upped their target price for the stock from $81.00 to $90.00 in a research report on Monday, October 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axcelis Technologies in a report on Wednesday, October 8th. Benchmark upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating and set a $105.00 price target for the company in a research report on Thursday, October 2nd. Finally, Wall Street Zen upgraded Axcelis Technologies from a “hold” rating to a “buy” rating in a report on Sunday, November 2nd. Three equities research 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. Based on data from MarketBeat, Axcelis Technologies presently has an average rating of “Hold” and a consensus price target of $98.80.

Read Our Latest Analysis on ACLS

Axcelis Technologies Trading Up 4.4%

NASDAQ ACLS opened at $85.74 on Thursday. The stock has a market capitalization of $2.69 billion, a P/E ratio of 17.53 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 firm has a 50-day moving average price of $86.28 and a 200 day moving average price of $74.11. The company has a quick ratio of 4.26, a current ratio of 6.01 and a debt-to-equity ratio of 0.04.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC boosted its position in shares of Axcelis Technologies by 97.5% in the first quarter. Nisa Investment Advisors LLC now owns 796 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 393 shares during the last quarter. Voya Investment Management LLC raised its stake in Axcelis Technologies by 31.8% during the first quarter. Voya Investment Management LLC now owns 27,384 shares of the semiconductor company’s stock worth $1,360,000 after purchasing an additional 6,610 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Axcelis Technologies by 70.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 9,036 shares of the semiconductor company’s stock worth $630,000 after purchasing an additional 3,750 shares during the period. Atria Wealth Solutions Inc. acquired a new position in shares of Axcelis Technologies in the 2nd quarter valued at $524,000. Finally, Mizuho Markets Cayman LP purchased a new stake in shares of Axcelis Technologies during the 2nd quarter valued at $2,956,000. 89.98% of the stock is currently owned by institutional investors and hedge funds.

About Axcelis Technologies

(Get Free Report)

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.

See Also

Earnings History and Estimates for Axcelis Technologies (NASDAQ:ACLS)

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