Axcelis Technologies, Inc. (ACLS)
NASDAQ: ACLS · IEX Real-Time Price · USD
141.22
+0.53 (0.38%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Axcelis Technologies Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for ACLS stock have an average target of 158.33, with a low estimate of 130 and a high estimate of 175. The average target predicts an increase of 12.12% from the current stock price of 141.22.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ACLS stock from 5 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 7 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $155 → $175 | Strong Buy | Maintains | $155 → $175 | +23.92% | Jun 20, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $165 → $155 | Strong Buy | Maintains | $165 → $155 | +9.76% | May 3, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $180 → $170 | Strong Buy | Maintains | $180 → $170 | +20.38% | May 3, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $130 | Hold → Strong Buy | Upgrades | $130 | -7.95% | May 3, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 3, 2024 |
Financial Forecast
Revenue This Year
1.08B
from 1.13B
Decreased by -4.83%
Revenue Next Year
1.25B
from 1.08B
Increased by 16.36%
EPS This Year
6.46
from 7.43
Decreased by -13.06%
EPS Next Year
8.26
from 6.46
Increased by 27.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.4B | 1.6B |
| Avg | 1.1B | 1.3B | 1.5B |
| Low | 992.2M | 1.1B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.3% | 27.1% | 25.8% |
| Avg | -4.8% | 16.4% | 22.2% |
| Low | -12.2% | 1.6% | 17.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 7.23 | 9.24 |
| Avg | 6.46 | 8.26 |
| Low | 5.81 | 7.10 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -2.6% | 43.0% |
| Avg | -13.1% | 27.8% |
| Low | -21.8% | 10.0% |
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.