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Acacia Communications Stock Forecast, Price & News

+0.73 (+0.64 %)
(As of 01/15/2021 08:00 PM ET)
Today's Range
Now: $114.37
50-Day Range
MA: $73.53
52-Week Range
Now: $114.37
Volume222,718 shs
Average Volume2.85 million shs
Market Capitalization$4.82 billion
P/E Ratio71.93
Dividend YieldN/A
Acacia Communications, Inc. develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. The company offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets. It also provides semiconductor products, such as low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are integrated into embedded and pluggable modules. The company sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts.
Acacia Communications logo


Overall MarketRank

1.53 out of 5 stars

Analyst Opinion: 1.2Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Semiconductors & related devices
Current SymbolNASDAQ:ACIA



Sales & Book Value

Annual Sales$464.66 million
Cash Flow$1.52 per share
Book Value$14.02 per share


Net Income$32.84 million


Market Cap$4.82 billion
Next Earnings Date2/16/2021 (Estimated)
+0.73 (+0.64 %)
(As of 01/15/2021 08:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Acacia Communications (NASDAQ:ACIA) Frequently Asked Questions

How has Acacia Communications' stock been impacted by Coronavirus (COVID-19)?

Acacia Communications' stock was trading at $66.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ACIA stock has increased by 72.7% and is now trading at $114.37.
View which stocks have been most impacted by COVID-19

Is Acacia Communications a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acacia Communications in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Acacia Communications stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ACIA, but not buy additional shares or sell existing shares.
View analyst ratings for Acacia Communications
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Acacia Communications?

Wall Street analysts have given Acacia Communications a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Acacia Communications wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Acacia Communications' next earnings date?

Acacia Communications is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Acacia Communications

How were Acacia Communications' earnings last quarter?

Acacia Communications, Inc. (NASDAQ:ACIA) released its quarterly earnings data on Saturday, November, 14th. The technology company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.20. The technology company earned $158.46 million during the quarter, compared to analyst estimates of $143.28 million. Acacia Communications had a net margin of 12.56% and a return on equity of 11.85%.
View Acacia Communications' earnings history

What guidance has Acacia Communications issued on next quarter's earnings?

Acacia Communications issued an update on its fourth quarter earnings guidance on Monday, January, 11th. The company provided EPS guidance of 0.88-0.97 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76. The company issued revenue guidance of 160-164, compared to the consensus revenue estimate of $162.24 million.

What price target have analysts set for ACIA?

5 analysts have issued 12-month price targets for Acacia Communications' stock. Their forecasts range from $90.00 to $115.00. On average, they expect Acacia Communications' share price to reach $102.50 in the next twelve months. This suggests that the stock has a possible downside of 10.4%.
View analysts' price targets for Acacia Communications
or view Wall Street analyst' top-rated stocks.

Are investors shorting Acacia Communications?

Acacia Communications saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 2,770,000 shares, a decrease of 15.0% from the December 15th total of 3,260,000 shares. Based on an average daily volume of 601,300 shares, the short-interest ratio is currently 4.6 days. Approximately 7.1% of the shares of the company are sold short.
View Acacia Communications' Short Interest

Who are some of Acacia Communications' key competitors?

What other stocks do shareholders of Acacia Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Acacia Communications investors own include NVIDIA (NVDA), Micron Technology (MU), AbbVie (ABBV), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Cisco Systems (CSCO), QUALCOMM (QCOM), Gilead Sciences (GILD) and AT&T (T).

Who are Acacia Communications' key executives?

Acacia Communications' management team includes the following people:
  • Mr. Murugesan Shanmugaraj, Pres, CEO & Director (Age 62, Pay $782.95k)
  • Dr. Benny P. Mikkelsen, Co-Founder, CTO & Director (Age 60, Pay $644.24k)
  • Mr. John F. Gavin, CFO & Treasurer (Age 61, Pay $675.71k)
  • Mr. Eric L. Fisher, VP of Global Sales (Age 48, Pay $1.04M)
  • Mr. Mehrdad Givehchi, Co-Founder and VP of Hardware & Software (Age 54)
  • Mr. Christian J. Rasmussen, Co-Founder and VP of Digital Signal Processing & Optics (Age 51)
  • Mr. John P. Kavanagh, Sr. VP of Operations (Age 57)
  • Mr. Francis J. Murphy, VP of Fin., Corp. Controller & Principal Accounting Officer
  • Ms. Janene I. Asgeirsson, Chief Legal Officer & Sec. (Age 50)
  • Mr. John J. LoMedico, VP of Corp. Devel. (Age 62)

When did Acacia Communications IPO?

(ACIA) raised $99 million in an IPO on Friday, May 13th 2016. The company issued 4,500,000 shares at $21.00-$23.00 per share. Goldman Sachs, BofA Merrill Lynch and Deutsche Bank Securities acted as the underwriters for the IPO and Needham & Company, Cowen and Company and Northland Capital Markets were co-managers.

What is Acacia Communications' stock symbol?

Acacia Communications trades on the NASDAQ under the ticker symbol "ACIA."

How do I buy shares of Acacia Communications?

Shares of ACIA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Acacia Communications' stock price today?

One share of ACIA stock can currently be purchased for approximately $114.37.

How big of a company is Acacia Communications?

Acacia Communications has a market capitalization of $4.82 billion and generates $464.66 million in revenue each year. The technology company earns $32.84 million in net income (profit) each year or $1.18 on an earnings per share basis. Acacia Communications employs 429 workers across the globe.

What is Acacia Communications' official website?

The official website for Acacia Communications is www.acacia-inc.com.

How can I contact Acacia Communications?

Acacia Communications' mailing address is Three Mill and Main Place Suite 400, Maynard MA, 01754. The technology company can be reached via phone at 978-938-4896 or via email at [email protected]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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