B. Riley Equities Analysts Lift Earnings Estimates for ACLS

Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) - B. Riley boosted their Q2 2025 earnings per share (EPS) estimates for Axcelis Technologies in a research report issued to clients and investors on Tuesday, May 6th. B. Riley analyst C. Ellis now expects that the semiconductor company will post earnings per share of $0.73 for the quarter, up from their previous forecast of $0.53. B. Riley has a "Neutral" rating and a $50.00 price target on the stock. The consensus estimate for Axcelis Technologies' current full-year earnings is $2.55 per share. B. Riley also issued estimates for Axcelis Technologies' Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $3.26 EPS, Q1 2026 earnings at $0.75 EPS, Q2 2026 earnings at $0.86 EPS, Q3 2026 earnings at $0.97 EPS, Q4 2026 earnings at $1.09 EPS and FY2026 earnings at $3.66 EPS.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The semiconductor company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.39 by $0.65. Axcelis Technologies had a net margin of 19.75% and a return on equity of 21.02%. The company had revenue of $192.56 million for the quarter, compared to analyst estimates of $184.86 million. During the same quarter last year, the business earned $1.57 earnings per share. The firm's revenue was down 23.7% on a year-over-year basis.

Other analysts have also issued research reports about the stock. Needham & Company LLC reaffirmed a "hold" rating on shares of Axcelis Technologies in a research report on Wednesday, February 12th. William Blair cut Axcelis Technologies from an "outperform" rating to a "market perform" rating in a report on Wednesday, February 12th. Finally, Craig Hallum reduced their price objective on shares of Axcelis Technologies from $115.00 to $105.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $131.00.

Axcelis Technologies Price Performance

ACLS traded down $0.11 on Friday, hitting $62.75. 541,965 shares of the company's stock were exchanged, compared to its average volume of 694,821. The firm has a 50-day moving average price of $51.76 and a 200-day moving average price of $64.72. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 10.20, a P/E/G ratio of 4.52 and a beta of 1.52. The company has a current ratio of 5.41, a quick ratio of 4.05 and a debt-to-equity ratio of 0.04. Axcelis Technologies has a fifty-two week low of $40.40 and a fifty-two week high of $158.61.

Institutional Investors Weigh In On Axcelis Technologies

Large investors have recently modified their holdings of the company. Signaturefd LLC grew its holdings in shares of Axcelis Technologies by 90.6% during the fourth quarter. Signaturefd LLC now owns 364 shares of the semiconductor company's stock worth $25,000 after buying an additional 173 shares during the last quarter. Avior Wealth Management LLC boosted its position in shares of Axcelis Technologies by 1,153.8% during the 4th quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company's stock worth $34,000 after purchasing an additional 450 shares in the last quarter. Capital Advisors Ltd. LLC boosted its holdings in Axcelis Technologies by 1,415.2% during the fourth quarter. Capital Advisors Ltd. LLC now owns 500 shares of the semiconductor company's stock worth $35,000 after buying an additional 467 shares in the last quarter. Fifth Third Bancorp grew its holdings in Axcelis Technologies by 160.5% in the first quarter. Fifth Third Bancorp now owns 581 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 358 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Axcelis Technologies by 118.7% during the 1st quarter. Versant Capital Management Inc now owns 584 shares of the semiconductor company's stock worth $29,000 after buying an additional 317 shares during the last quarter. 89.98% of the stock is owned by institutional investors and hedge funds.

Axcelis Technologies announced that its Board of Directors has approved a share repurchase plan on Wednesday, March 12th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the semiconductor company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

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.