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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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Acacia Communications Stock Forecast, Price & News

0.00 (0.00 %)
(As of 03/1/2021 12:00 AM ET)
Today's Range
Now: $114.99
50-Day Range
MA: $112.87
52-Week Range
Now: $114.99
Average Volume1.95 million shs
Market Capitalization$4.90 billion
P/E Ratio72.32
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

Industry, Sector and Symbol

Industry Semiconductors & related devices
Current SymbolNASDAQ:ACIA
Year FoundedN/A



Sales & Book Value

Annual Sales$464.66 million
Cash Flow$1.53 per share
Book Value$14.02 per share


Net Income$32.84 million


Market Cap$4.90 billion
Next Earnings Date5/3/2021 (Estimated)


Overall MarketRank

1.51 out of 5 stars

Computer And Technology Sector

333rd out of 1,528 stocks

Semiconductors & Related Devices Industry

54th out of 147 stocks

Analyst Opinion: 1.1Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
0.00 (0.00 %)
(As of 03/1/2021 12:00 AM ET)
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Acacia Communications (NASDAQ:ACIA) Frequently Asked Questions

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 4 hold ratings and 1 buy rating 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 top-rated stocks.

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.

Are investors shorting Acacia Communications?

Acacia Communications saw a increase in short interest in February. As of February 12th, there was short interest totaling 4,570,000 shares, an increase of 33.6% from the January 28th total of 3,420,000 shares. Based on an average daily volume of 1,450,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 12.6% of the company's shares are sold short.
View Acacia Communications' Short Interest

When is Acacia Communications' next earnings date?

Acacia Communications is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Acacia Communications

How were Acacia Communications' earnings last quarter?

Acacia Communications, Inc. (NASDAQ:ACIA) posted its quarterly earnings results on Saturday, November, 14th. The technology company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.58 by $0.20. The technology company had revenue of $158.46 million for the quarter, compared to analysts' expectations of $143.28 million. Acacia Communications had a net margin of 12.56% and a trailing twelve-month return on equity of 11.85%.
View Acacia Communications' earnings history

How has Acacia Communications' stock been impacted by Coronavirus?

Acacia Communications' stock was trading at $66.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ACIA stock has increased by 73.7% and is now trading at $114.99.
View which stocks have been most impacted by COVID-19

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

Acacia Communications updated its fourth quarter earnings guidance on Monday, January, 11th. The company provided earnings per share (EPS) guidance of 0.88-0.97 for the period, compared to the Thomson Reuters consensus EPS 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 1-year price objectives for Acacia Communications' shares. Their forecasts range from $90.00 to $115.00. On average, they expect Acacia Communications' share price to reach $106.67 in the next twelve months. This suggests that the stock has a possible downside of 7.2%.
View analysts' price targets for Acacia Communications
or view top-rated stocks among Wall Street analysts.

Who are Acacia Communications' key executives?

Acacia Communications' management team includes the following people:
  • Mr. Murugesan Shanmugaraj, Pres, CEO & Director (Age 63, Pay $782.95k)
  • Dr. Benny P. Mikkelsen, Co-Founder, CTO & Director (Age 61, Pay $644.24k)
  • Mr. John F. Gavin, CFO & Treasurer (Age 62, Pay $675.71k)
  • Mr. Eric L. Fisher, VP of Global Sales (Age 49, Pay $1.04M)
  • Mr. Mehrdad Givehchi, Co-Founder and VP of Hardware & Software (Age 55)
  • Mr. Christian J. Rasmussen, Co-Founder and VP of Digital Signal Processing & Optics (Age 52)
  • Mr. John P. Kavanagh, Sr. VP of Operations (Age 58)
  • Mr. Francis J. Murphy, VP of Fin., Corp. Controller & Principal Accounting Officer
  • Ms. Janene I. Asgeirsson, Chief Legal Officer & Sec. (Age 51)
  • Mr. John J. LoMedico, VP of Corp. Devel. (Age 63)

What is Murugesan “Raj” Shanmugaraj's approval rating as Acacia Communications' CEO?

9 employees have rated Acacia Communications CEO Murugesan “Raj” Shanmugaraj on Glassdoor.com. Murugesan “Raj” Shanmugaraj has an approval rating of 88% among Acacia Communications' employees.

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).

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 a price of $21.00-$23.00 per share. Goldman Sachs, BofA Merrill Lynch and Deutsche Bank Securities served 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."

Who are Acacia Communications' major shareholders?

Acacia Communications' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.23%), Alpine Associates Management Inc. (4.54%), Magnetar Financial LLC (3.73%), Renaissance Technologies LLC (2.72%), Water Island Capital LLC (2.14%) and Healthcare of Ontario Pension Plan Trust Fund (1.75%). Company insiders that own Acacia Communications stock include Benny P Mikkelsen, Bhupendra C Shah, Christian J Rasmussen, Eric L Fisher, Francis J Murphy, John F Gavin, Mehrdad Givehchi, Meridian Venture Partners Ii L, Murugesan Shanmugaraj and Stan J Reiss.
View institutional ownership trends for Acacia Communications

Which institutional investors are selling Acacia Communications stock?

ACIA stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Alpine Associates Management Inc., Water Island Capital LLC, Renaissance Technologies LLC, Healthcare of Ontario Pension Plan Trust Fund, Healthcare of Ontario Pension Plan Trust Fund, Strs Ohio, and Magnetar Financial LLC. Company insiders that have sold Acacia Communications company stock in the last year include Benny P Mikkelsen, Bhupendra C Shah, Eric L Fisher, Francis J Murphy, John F Gavin, and Murugesan Shanmugaraj.
View insider buying and selling activity for Acacia Communications
or view top insider-selling stocks.

Which institutional investors are buying Acacia Communications stock?

ACIA stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Morgan Stanley, BlackRock Inc., Twin Securities Inc., Zweig DiMenna Associates LLC, SG Americas Securities LLC, Canada Pension Plan Investment Board, and Wells Fargo & Company MN.
View insider buying and selling activity for Acacia Communications
or or view top insider-buying stocks.

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.
Compare Top Brokerages Here.

What is Acacia Communications' stock price today?

One share of ACIA stock can currently be purchased for approximately $114.99.

How much money does Acacia Communications make?

Acacia Communications has a market capitalization of $4.90 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.

How many employees does Acacia Communications have?

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.

Where are Acacia Communications' headquarters?

Acacia Communications is headquartered at Three Mill and Main Place Suite 400, Maynard MA, 01754.

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 3/3/2021 by MarketBeat.com Staff

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