William Blair Has Negative Forecast for ACLS Q1 Earnings

Axcelis Technologies, Inc. (NASDAQ:ACLS) – Stock analysts at William Blair lowered their Q1 2025 earnings per share estimates for Axcelis Technologies in a research note issued to investors on Wednesday, November 13th. William Blair analyst J. Dorsheimer now expects that the semiconductor company will earn $1.06 per share for the quarter, down from their prior forecast of $1.41. The consensus estimate for Axcelis Technologies’ current full-year earnings is $5.86 per share. William Blair also issued estimates for Axcelis Technologies’ Q2 2025 earnings at $1.15 EPS, Q3 2025 earnings at $1.40 EPS, Q4 2025 earnings at $1.57 EPS and FY2025 earnings at $5.19 EPS.

A number of other analysts have also recently commented on ACLS. Needham & Company LLC restated a “hold” rating on shares of Axcelis Technologies in a research report on Friday, November 8th. Benchmark downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Finally, B. Riley reduced their price target on shares of Axcelis Technologies from $190.00 to $165.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Axcelis Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $167.33.

Axcelis Technologies Stock Performance

NASDAQ ACLS opened at $72.14 on Monday. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 2.28 and a beta of 1.60. The stock has a 50-day moving average of $94.75 and a 200 day moving average of $112.56. The company has a current ratio of 4.45, a quick ratio of 3.29 and a debt-to-equity ratio of 0.04. Axcelis Technologies has a twelve month low of $71.64 and a twelve month high of $158.61.

Hedge Funds Weigh In On Axcelis Technologies

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Axcelis Technologies by 6.5% in the 1st quarter. Vanguard Group Inc. now owns 4,304,516 shares of the semiconductor company’s stock worth $480,040,000 after purchasing an additional 263,604 shares in the last quarter. State Street Corp increased its holdings in shares of Axcelis Technologies by 1.5% in the third quarter. State Street Corp now owns 1,233,282 shares of the semiconductor company’s stock valued at $129,310,000 after purchasing an additional 18,101 shares during the last quarter. Geode Capital Management LLC lifted its position in Axcelis Technologies by 3.3% during the third quarter. Geode Capital Management LLC now owns 874,516 shares of the semiconductor company’s stock worth $91,708,000 after buying an additional 28,141 shares in the last quarter. Reinhart Partners LLC. boosted its stake in Axcelis Technologies by 64.1% during the third quarter. Reinhart Partners LLC. now owns 687,608 shares of the semiconductor company’s stock worth $72,096,000 after buying an additional 268,560 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in Axcelis Technologies by 12.1% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 510,894 shares of the semiconductor company’s stock valued at $53,568,000 after buying an additional 55,048 shares in the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

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.