Axcelis Technologies Inc (NASDAQ:ACLS) Jumps 1.92%, But Further Rally Could Be Imminent

In last trading session, Axcelis Technologies Inc (NASDAQ:ACLS) saw 0.33 million shares changing hands with its beta currently measuring 1.52. Company’s recent per share price level of $49.84 trading at $0.94 or 1.92% at ring of the bell on the day assigns it a market valuation of $1.60B. That closing price of ACLS’s stock is at a discount of -218.24% from its 52-week high price of $158.61 and is indicating a premium of 18.94% from its 52-week low price of $40.40. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.53 million shares which gives us an average trading volume of 741.06K if we extend that period to 3-months.

For Axcelis Technologies Inc (ACLS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.38 in the current quarter.

Axcelis Technologies Inc (NASDAQ:ACLS) trade information

Upright in the green during last session for gaining 1.92%, in the last five days ACLS remained trading in the green while hitting it’s week-highest on Friday, 04/25/25 when the stock touched $49.84 price level, adding 0.42% to its value on the day. Axcelis Technologies Inc’s shares saw a change of -28.67% in year-to-date performance and have moved 11.30% in past 5-day. Axcelis Technologies Inc (NASDAQ:ACLS) showed a performance of -10.31% in past 30-days. Number of shares sold short was 4.68 million shares which calculate 7.04 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 137 to the stock, which implies a rise of 63.62% to its current value. Analysts have been projecting 100 as a low price target for the stock while placing it at a high target of 174. It follows that stock’s current price would drop -100.64% in reaching the projected high whereas dropping to the targeted low would mean a loss of -100.64% for stock’s current value.

Axcelis Technologies Inc (ACLS) estimates and forecasts

This year revenue growth is estimated to fall -23.63% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 184.86M for the same. And 7 analysts are in estimates of company making revenue of 189.23M in the next quarter. Company posted 252.37M and 256.51M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 64.93% during past 5 years.

Axcelis Technologies Inc (NASDAQ:ACLS)’s Major holders

Insiders are in possession of 1.13% of company’s total shares while institution are holding 101.63 percent of that, with stock having share float percentage of 102.79%. Investors also watch the number of corporate investors in a company very closely, which is 101.63% institutions for Axcelis Technologies Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at ACLS for having 5.81 million shares of worth $825.67 million. And as of 2024-06-30, it was holding 17.8134 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.38 million shares on 2024-06-30. The number of shares represents firm’s hold over 13.4448 of outstanding shares, having a total worth of $623.18 million.

On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 2.01 shares of worth $100.17 million or 6.25% of the total outstanding shares. The later fund manager was in possession of 1.02 shares on Dec 31, 2024 , making its stake of worth around $50.93 million in the company or a holder of 3.18% of company’s stock.