Axcelis Technologies, Inc. (ACLS)
NASDAQ: ACLS · Real-Time Price · USD
69.47
+0.29 (0.42%)
Dec 20, 2024, 4:00 PM EST - Market closed
Axcelis Technologies Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for ACLS stock have an average target of 169.8, with a low estimate of 160 and a high estimate of 175. The average target predicts an increase of 144.42% from the current stock price of 69.47.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 2, 2024.
Analyst Ratings
The average analyst rating for ACLS stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 8, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $180 → $175 | Strong Buy | Maintains | $180 → $175 | +151.91% | Aug 2, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $190 → $165 | Strong Buy | Maintains | $190 → $165 | +137.51% | Aug 2, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 2, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $150 → $175 | Strong Buy | Maintains | $150 → $175 | +151.91% | Jul 15, 2024 |
Financial Forecast
Revenue This Year
1.03B
from 1.13B
Decreased by -8.81%
Revenue Next Year
992.52M
from 1.03B
Decreased by -3.73%
EPS This Year
5.97
from 7.43
Decreased by -19.61%
EPS Next Year
5.02
from 5.97
Decreased by -15.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.1B | 1.1B |
| Avg | 1.0B | 992.5M | 1.1B |
| Low | 990.0M | 872.2M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -6.2% | 2.8% | 15.4% |
| Avg | -8.8% | -3.7% | 12.0% |
| Low | -12.4% | -15.4% | 7.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.15 | 5.82 | 6.74 |
| Avg | 5.97 | 5.02 | 6.55 |
| Low | 5.73 | 3.90 | 6.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -17.2% | -2.6% | 34.3% |
| Avg | -19.6% | -16.0% | 30.4% |
| Low | -22.8% | -34.7% | 25.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.