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S&P 500   4,320.06
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Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
66,000% upside on tiny biotech? (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
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Things to know about California's new proposed rules for insurance companies
Save $300 on MarketBeat All Access (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
KB Home Price Weakness is a Signal to Buy this Cash Machine
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
66,000% upside on tiny biotech? (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
52-week Low Names To Tip The Upside Scale In Your Favor
Save $300 on MarketBeat All Access (Ad)
Analysts Went All In On These Computer Stocks, Save Your Spot
Things to know about California's new proposed rules for insurance companies
Save $300 on MarketBeat All Access (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
KB Home Price Weakness is a Signal to Buy this Cash Machine
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
66,000% upside on tiny biotech? (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
52-week Low Names To Tip The Upside Scale In Your Favor
Save $300 on MarketBeat All Access (Ad)
Analysts Went All In On These Computer Stocks, Save Your Spot
Things to know about California's new proposed rules for insurance companies
Save $300 on MarketBeat All Access (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
KB Home Price Weakness is a Signal to Buy this Cash Machine
NASDAQ:ACLS

Axcelis Technologies (ACLS) Stock Forecast, Price & News

$156.32
+1.76 (+1.14%)
(As of 09/22/2023 ET)
Compare
Today's Range
$155.68
$159.64
50-Day Range
$154.56
$200.48
52-Week Range
$49.78
$201.00
Volume
489,228 shs
Average Volume
565,789 shs
Market Capitalization
$5.13 billion
P/E Ratio
25.17
Dividend Yield
N/A
Price Target
$187.50

Axcelis Technologies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
19.9% Upside
$187.50 Price Target
Short Interest
Healthy
4.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
0.84mentions of Axcelis Technologies in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$174,652 Sold Last Quarter
Proj. Earnings Growth
15.98%
From $7.01 to $8.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Computer And Technology Sector

222nd out of 589 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

4th out of 13 stocks


ACLS stock logo

About Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. is a leading company engaged in designing, manufacturing, and servicing ion implantation and other processing equipment used to fabricate semiconductor chips. With a global presence spanning the United States, Europe, and Asia Pacific, Axcelis Technologies offers a wide range of high energy, high current, and medium current implanters tailored to various application requirements. The company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. Axcelis Technologies primarily sells its equipment and services to semiconductor chip manufacturers through its direct sales force.

Axcelis Technologies boasts a highly accomplished and experienced management team that is crucial to the company's success. The team includes Dr. Russell J. Low, Ph.D., who serves as the Chief Executive Officer and President, and Mr. Kevin J. Brewer, the Executive Vice President and Chief Financial Officer. Together, they steer the company toward innovation, operational excellence, and customer satisfaction.

Axcelis Technologies has demonstrated strong financial performance in recent years. The company reported revenue numbers that represent a significant increase compared to the previous years. This growth indicates Axcelis Technologies' ability to capture market opportunities and meet the evolving demands of the semiconductor industry. The company's net income reflects impressive yearly increases, and Axcelis Technologies has maintained a healthy net profit margin. This highlights its efficiency in converting revenue into profits and demonstrates the effective utilization of its resources to generate shareholder value.

The company's stock price has experienced significant upward movements, reflecting investor confidence and positive market sentiment. While short-term fluctuations are common in the stock market, the overall trend for Axcelis Technologies has been favorable, driven by strong financial performance and market demand for semiconductor manufacturing equipment. Investors should carefully monitor the stock's performance and consider factors influencing its future trajectory.

Axcelis Technologies operates in the semiconductor equipment industry, which plays a critical role in supporting the growth of the global semiconductor market. Rapid technological advancements, increasing demand for high-performance chips, and a competitive landscape characterize this industry. Axcelis Technologies competes with other leading players in the industry, and its success is dependent on its ability to deliver innovative solutions, provide excellent customer service, and adapt to market trends. The company's competitive positioning stems from its expertise in ion implantation and its ability to offer a diverse portfolio of high-quality products catering to different application requirements.

The semiconductor equipment industry is driven by the continuous demand for advanced and efficient manufacturing processes to meet the growing needs of various sectors, including consumer electronics, automotive, telecommunications, and healthcare. Axcelis Technologies is well-positioned to capitalize on this demand, given its strong reputation, technological expertise, and comprehensive product offerings. The company's focus on ion implantation systems, including high energy, high current, and medium current implanters, positions it as a key player in enabling semiconductor manufacturers to achieve precise and reliable chip fabrication.

Axcelis Technologies has several growth opportunities on the horizon. The semiconductor industry constantly evolves, with emerging technologies such as 5G, artificial intelligence, and the Internet of Things driving increased demand for advanced chips. As a provider of critical equipment for chip fabrication, Axcelis Technologies stands to benefit from these industry trends. The company has the potential to leverage its expertise and expand into new markets or industries, as well as introduce innovative products to address the evolving needs of its customers.

Furthermore, strategic partnerships and collaborations can open doors to new opportunities for Axcelis Technologies. By forging alliances with semiconductor manufacturers, research institutions, and other industry players, the company can enhance its technological capabilities, gain market insights, and explore new avenues for growth. Acquisitions or mergers with complementary companies can also provide access to new technologies, expand the customer base, and strengthen the company's competitive position in the market.

While Axcelis Technologies is well-positioned in the semiconductor equipment industry, it faces certain risks and challenges. The industry is highly cyclical, and macroeconomic factors, market trends, and geopolitical events influence the demand for semiconductor equipment. Fluctuations in customer demand, changes in government regulations, and global trade tensions can impact the company's sales and profitability.

Additionally, the semiconductor industry is characterized by rapid technological advancements, requiring companies to invest in research and development to remain competitive continuously. Axcelis Technologies must stay at the forefront of innovation and ensure that its products align with customers' evolving needs. Failure to anticipate or respond to technological shifts could result in the company losing market share to competitors.

Furthermore, as Axcelis Technologies operates globally, it is exposed to risks associated with international operations, including currency exchange rate fluctuations, political instability, and changes in trade policies. The company must effectively manage these risks and establish robust risk mitigation strategies to protect its business and maintain financial stability.

ACLS Price History

ACLS Stock News Headlines

Are "The Magnificent Seven" the Next Sears?
The former retail giant’s sales once accounted for 1% of the U.S. economy. Now it’s nearly extinct. Will the same happen to big tech? Learn more here.
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk
I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.
Benchmark Co. Sticks to Its Buy Rating for Axcelis Technologies (ACLS)
Expert Ratings for Axcelis Technologies
Axcelis Signals For Addl. $200 Mln Fund For Share Repurchase
See More Headlines
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ACLS Company Calendar

Last Earnings
8/03/2023
Today
9/23/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:ACLS
CUSIP
05454010
Employees
1,485
Year Founded
1978

Price Target and Rating

Average Stock Price Forecast
$187.50
High Stock Price Forecast
$225.00
Low Stock Price Forecast
$140.00
Forecasted Upside/Downside
+19.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$183.08 million
Pretax Margin
22.31%

Debt

Sales & Book Value

Annual Sales
$920 million
Cash Flow
$5.68 per share
Book Value
$20.31 per share

Miscellaneous

Free Float
32,348,000
Market Cap
$5.13 billion
Optionable
Optionable
Beta
1.74

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Key Executives

  • Ms. Mary G. PumaMs. Mary G. Puma (Age 65)
    Exec. Chairperson
    Comp: $1.79M
  • Dr. Russell J. Low Ph.D. (Age 52)
    CEO, Pres & Director
    Comp: $798.55k
  • Mr. Kevin J. BrewerMr. Kevin J. Brewer (Age 64)
    Exec. VP & CFO
    Comp: $995.68k
  • Ms. Lynnette C. FallonMs. Lynnette C. Fallon (Age 63)
    Exec. VP of HR & Legal, Gen. Counsel and Corp. Sec.
    Comp: $793.66k
  • Mr. Douglas A. LawsonMr. Douglas A. Lawson (Age 62)
    Exec. VP of Corp. Marketing & Strategy
    Comp: $707.31k
  • Mr. Greg Redinbo Ph.D. (Age 58)
    Exec. VP of Marketing & Applications
  • Mr. Gerald M. Blumenstock
    Exec. VP of Engineering
  • Dr. Christopher Tatnall Ph.D.
    Exec. VP of Global Customer Operations













ACLS Stock - Frequently Asked Questions

Should I buy or sell Axcelis Technologies stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axcelis Technologies in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ACLS shares.
View ACLS analyst ratings
or view top-rated stocks.

What is Axcelis Technologies' stock price forecast for 2023?

8 equities research analysts have issued twelve-month target prices for Axcelis Technologies' shares. Their ACLS share price forecasts range from $140.00 to $225.00. On average, they anticipate the company's stock price to reach $187.50 in the next year. This suggests a possible upside of 19.9% from the stock's current price.
View analysts price targets for ACLS
or view top-rated stocks among Wall Street analysts.

How have ACLS shares performed in 2023?

Axcelis Technologies' stock was trading at $79.36 at the beginning of the year. Since then, ACLS stock has increased by 97.0% and is now trading at $156.32.
View the best growth stocks for 2023 here
.

Are investors shorting Axcelis Technologies?

Axcelis Technologies saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,360,000 shares, an increase of 13.3% from the August 15th total of 1,200,000 shares. Based on an average daily volume of 510,300 shares, the short-interest ratio is presently 2.7 days. Currently, 4.2% of the shares of the company are sold short.
View Axcelis Technologies' Short Interest
.

When is Axcelis Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our ACLS earnings forecast
.

How were Axcelis Technologies' earnings last quarter?

Axcelis Technologies, Inc. (NASDAQ:ACLS) posted its quarterly earnings data on Thursday, August, 3rd. The semiconductor company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.40. The semiconductor company earned $273.97 million during the quarter, compared to analyst estimates of $256.68 million. Axcelis Technologies had a trailing twelve-month return on equity of 30.29% and a net margin of 20.19%. Axcelis Technologies's revenue for the quarter was up 23.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.32 EPS.

What guidance has Axcelis Technologies issued on next quarter's earnings?

Axcelis Technologies issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $1.72-$1.72 for the period, compared to the consensus EPS estimate of $1.68. The company issued revenue guidance of $280.00 million-$280.00 million, compared to the consensus revenue estimate of $260.71 million.

What is Mary G. Puma's approval rating as Axcelis Technologies' CEO?

45 employees have rated Axcelis Technologies Chief Executive Officer Mary G. Puma on Glassdoor.com. Mary G. Puma has an approval rating of 38% among the company's employees. This puts Mary G. Puma in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Axcelis Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Axcelis Technologies investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Applied Materials (AMAT), Alibaba Group (BABA), Bank of America (BAC), AbbVie (ABBV), Adobe (ADBE), AT&T (T) and Netflix (NFLX).

What is Axcelis Technologies' stock symbol?

Axcelis Technologies trades on the NASDAQ under the ticker symbol "ACLS."

Who are Axcelis Technologies' major shareholders?

Axcelis Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (29.08%), BlackRock Inc. (16.86%), State Street Corp (3.42%), Dimensional Fund Advisors LP (2.87%), Driehaus Capital Management LLC (2.27%) and Geode Capital Management LLC (2.17%). Insiders that own company stock include Arthur L George Jr, Dennis Thomas St, Douglas A Lawson, Douglas A Lawson, Greg Redinbo, Jeanne Quirk, John T Kurtzweil, Jorge Titinger, Joseph P Keithley, Joseph P Keithley, Kevin J Brewer, Lynnette C Fallon, Lynnette C Fallon, Mary G Puma, Mary G Puma, R John Fletcher, Russell Low, Tzu Yin Chiu, William J Bintz and William J Bintz.
View institutional ownership trends
.

How do I buy shares of Axcelis Technologies?

Shares of ACLS stock 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 Axcelis Technologies' stock price today?

One share of ACLS stock can currently be purchased for approximately $156.32.

How much money does Axcelis Technologies make?

Axcelis Technologies (NASDAQ:ACLS) has a market capitalization of $5.13 billion and generates $920 million in revenue each year. The semiconductor company earns $183.08 million in net income (profit) each year or $6.21 on an earnings per share basis.

How many employees does Axcelis Technologies have?

The company employs 1,485 workers across the globe.

How can I contact Axcelis Technologies?

Axcelis Technologies' mailing address is 108 CHERRY HILL DRIVE, BEVERLY MA, 01915. The official website for the company is www.axcelis.com. The semiconductor company can be reached via phone at (978) 787-4000, via email at investor.relations@axcelis.com, or via fax at 978-787-3000.

This page (NASDAQ:ACLS) was last updated on 9/23/2023 by MarketBeat.com Staff

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