Q1 2025 EPS Estimates for Axcelis Technologies, Inc. (NASDAQ:ACLS) Cut by Analyst

Axcelis Technologies, Inc. (NASDAQ:ACLS) – Research analysts at William Blair dropped their Q1 2025 earnings estimates for shares of Axcelis Technologies in a research note issued to investors on Tuesday, May 7th. William Blair analyst J. Dorsheimer now forecasts that the semiconductor company will earn $1.36 per share for the quarter, down from their previous estimate of $1.80. The consensus estimate for Axcelis Technologies’ current full-year earnings is $6.63 per share. William Blair also issued estimates for Axcelis Technologies’ Q2 2025 earnings at $1.62 EPS and FY2025 earnings at $7.59 EPS.

Several other research analysts have also recently weighed in on ACLS. Craig Hallum upgraded Axcelis Technologies from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a research report on Friday, May 3rd. Needham & Company LLC reiterated a “hold” rating on shares of Axcelis Technologies in a research note on Friday, May 3rd. B. Riley Financial dropped their price target on shares of Axcelis Technologies from $180.00 to $165.00 and set a “buy” rating on the stock in a research report on Friday, February 9th. B. Riley decreased their price objective on shares of Axcelis Technologies from $165.00 to $155.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Finally, Benchmark dropped their target price on Axcelis Technologies from $180.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Axcelis Technologies has an average rating of “Moderate Buy” and a consensus price target of $169.00.

Axcelis Technologies Stock Performance

Shares of ACLS stock opened at $111.46 on Thursday. Axcelis Technologies has a 52-week low of $93.77 and a 52-week high of $201.00. The company has a quick ratio of 2.87, a current ratio of 4.00 and a debt-to-equity ratio of 0.05. The stock has a market cap of $3.63 billion, a PE ratio of 14.72, a price-to-earnings-growth ratio of 1.24 and a beta of 1.64. The business has a 50-day simple moving average of $107.89 and a 200-day simple moving average of $120.46.

Axcelis Technologies (NASDAQ:ACLS) last issued its earnings results on Thursday, May 2nd. The semiconductor company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.33. Axcelis Technologies had a net margin of 22.16% and a return on equity of 30.22%. The firm had revenue of $252.37 million during the quarter, compared to analysts’ expectations of $242.61 million. During the same quarter last year, the company posted $1.43 earnings per share. The firm’s revenue was down .6% compared to the same quarter last year.

Institutional Investors Weigh In On Axcelis Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Lincoln National Corp increased its stake in Axcelis Technologies by 2.1% during the fourth quarter. Lincoln National Corp now owns 4,319 shares of the semiconductor company’s stock worth $560,000 after acquiring an additional 88 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich boosted its stake in Axcelis Technologies by 1.0% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 9,839 shares of the semiconductor company’s stock worth $1,276,000 after buying an additional 102 shares during the period. Arizona State Retirement System increased its position in shares of Axcelis Technologies by 1.3% during the third quarter. Arizona State Retirement System now owns 9,313 shares of the semiconductor company’s stock valued at $1,518,000 after acquiring an additional 121 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Axcelis Technologies by 10.4% during the third quarter. Sequoia Financial Advisors LLC now owns 1,316 shares of the semiconductor company’s stock valued at $215,000 after acquiring an additional 124 shares during the last quarter. Finally, Eagle Bay Advisors LLC raised its stake in shares of Axcelis Technologies by 1.7% in the 1st quarter. Eagle Bay Advisors LLC now owns 7,310 shares of the semiconductor company’s stock valued at $815,000 after acquiring an additional 125 shares during the period. Institutional investors and hedge funds own 89.98% of the company’s stock.

Insider Activity

In other news, EVP Douglas A. Lawson purchased 500 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The stock was purchased at an average cost of $111.04 per share, for a total transaction of $55,520.00. Following the completion of the transaction, the executive vice president now owns 19,648 shares of the company’s stock, valued at $2,181,713.92. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.14% of the company’s stock.

About Axcelis Technologies

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.