Axcelis Technologies (ACLS)
NASDAQ:ACLS
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Axcelis Technologies (ACLS) Stock Price & Analysis

1,793 Followers

ACLS Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
EarningsAxcelis posted net income of $1.55 per diluted share, surpassing investor expectations by $0.18, with sales exceeding expectations by $6.2 million.
Growth ProjectionsThe SiC device market is expected to reach over $10 billion by 2029 with a compound annual growth rate of 25%, positioning Axcelis as a leader in the SiC implanter market.
Market ExpansionChina is expected to establish 32 large fabs focused on mature processes by the end of 2024, driving demand for Axcelis’ tools.
Bears Say
EarningsACLS guided 3Q24 below the Street.
Financial PerformanceJune quarter gross margins were 43.8% versus 46.0% reported in the prior quarter.
Market ExposureChina exposure remains high at 55% of sales in Q2, one of the highest amid semicaps.
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Financials

Annual

Ownership Overview

8.26%37.27%50.94%3.53%
50.94% Other Institutional Investors
3.53% Public Companies and Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Website Traffic

Sorry, No Data Available
There is no website visitor data available for this stock.
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ACLS FAQ

What was Axcelis Technologies’s price range in the past 12 months?
Axcelis Technologies lowest stock price was $93.77 and its highest was $196.03 in the past 12 months.
    What is Axcelis Technologies’s market cap?
    Currently, no data Available
    When is Axcelis Technologies’s upcoming earnings report date?
    Axcelis Technologies’s upcoming earnings report date is Oct 30, 2024 which is in 60 days.
      How were Axcelis Technologies’s earnings last quarter?
      Axcelis Technologies released its earnings results on Jul 31, 2024. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.366 by $0.184.
        Is Axcelis Technologies overvalued?
        According to Wall Street analysts Axcelis Technologies’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Axcelis Technologies pay dividends?
          Axcelis Technologies does not currently pay dividends.
          What is Axcelis Technologies’s EPS estimate?
          Axcelis Technologies’s EPS estimate is $1.43.
            How many shares outstanding does Axcelis Technologies have?
            Axcelis Technologies has 32,617,588 shares outstanding.
              What happened to Axcelis Technologies’s price movement after its last earnings report?
              Axcelis Technologies reported an EPS of $1.55 in its last earnings report, beating expectations of $1.366. Following the earnings report the stock price went down -10.708%.
                Which hedge fund is a major shareholder of Axcelis Technologies?
                Among the largest hedge funds holding Axcelis Technologies’s share is PRIMECAP Management Co. It holds Axcelis Technologies’s shares valued at 141M.
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                  Company Description

                  Axcelis Technologies

                  Axcelis Technologies, Inc. engages in the design, manufacture and service of dry strip, ion implantation and other processing equipment used in the fabrication of semiconductor chips. It provides service and support, including spare parts, equipment upgrades, maintenance services and customer training. The firms' products include Purion H, which is next generation single wafer high current implanter; Optima HDx, is designed to maximize beam current, minimize beam setup time and deliver productive process across the applications space; Purion XE, is next generation single wafer high energy implanter, it is the second tool in the expanding family of Purion ion implanters; Optima XEx, includes implant energies matched to meet the changing needs of today's advanced device manufacturing; Paradigm XE, offers implant energies matched to meet the changing needs of advanced logic and memory manufacturing and Purion M, is a low energy, medium current ion implanter for all channel engineering applications in the low dose and mid dose regimes. It also sells equipment and services through direct sales, distributors and manufacturing representatives. The company was founded in 1978 and is headquartered in Beverly, MA.
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                  ACLS Company Deck

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                  ACLS Earnings Call

                  Q2 2024
                  0:00 / 0:00
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                  ACLS Revenue Breakdown

                  98.29%98.29%1.71%
                  98.29% Ion implantation systems and services
                  1.71% Other systems and services
                  tipranks
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                  ACLS Stock 12 Month Forecast

                  Average Price Target

                  $157.60
                  ▲(44.15% Upside)
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                  Best Analysts Covering ACLS

                  1 Year
                  Mark MillerBenchmark Co.
                  1 Year Success Rate
                  31/47 ratings generated profit
                  66%
                  1 Year Average Return
                  +35.84%
                  reiterated a buy rating 30 days ago
                  Copying Mark Miller's trades and holding each position for 1 Year would result in 65.96% of your transactions generating a profit, with an average return of +35.84% per trade.
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