Axcelis Technologies, Inc. (ACLS)
NASDAQ: ACLS · Real-Time Price · USD
72.14
-1.08 (-1.48%)
At close: Nov 18, 2024, 4:00 PM
72.00
-0.14 (-0.19%)
After-hours: Nov 18, 2024, 6:53 PM EST
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 135.38% from the current stock price of 72.14.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '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 | +142.58% | Aug 2, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $190 → $165 | Strong Buy | Maintains | $190 → $165 | +128.72% | 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 | +142.58% | Jul 15, 2024 |
Financial Forecast
Revenue This Year
1.04B
from 1.13B
Decreased by -7.93%
Revenue Next Year
1.10B
from 1.04B
Increased by 5.48%
EPS This Year
6.14
from 7.43
Decreased by -17.38%
EPS Next Year
7.09
from 6.14
Increased by 15.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.3B | 1.3B |
| Avg | 1.0B | 1.1B | 1.3B |
| Low | 990.2M | 935.5M | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.5% | 25.2% | 19.1% |
| Avg | -7.9% | 5.5% | 15.8% |
| Low | -12.4% | -10.1% | 11.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.46 | 8.65 | 8.79 |
| Avg | 6.14 | 7.09 | 8.54 |
| Low | 5.74 | 4.66 | 8.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.1% | 40.9% | 23.9% |
| Avg | -17.4% | 15.5% | 20.4% |
| Low | -22.8% | -24.1% | 15.7% |
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.