Axcelis Technologies, Inc. (ACLS)
NASDAQ: ACLS · Real-Time Price · USD
97.84
-1.93 (-1.93%)
At close: Sep 18, 2024, 4:00 PM
98.72
+0.88 (0.90%)
After-hours: Sep 18, 2024, 5:44 PM EDT
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 73.55% from the current stock price of 97.84.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $180 → $175 | Strong Buy | Maintains | $180 → $175 | +78.86% | Aug 2, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $190 → $165 | Strong Buy | Maintains | $190 → $165 | +68.64% | 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 | +78.86% | Jul 15, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $170 → $180 | Strong Buy | Maintains | $170 → $180 | +83.97% | Jul 15, 2024 |
Financial Forecast
Revenue This Year
1.05B
from 1.13B
Decreased by -7.39%
Revenue Next Year
1.18B
from 1.05B
Increased by 13.09%
EPS This Year
6.18
from 7.43
Decreased by -16.77%
EPS Next Year
7.55
from 6.18
Increased by 22.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.3B | 1.3B |
| Avg | 1.0B | 1.2B | 1.3B |
| Low | 1.0B | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.3% | 24.5% | 10.5% |
| Avg | -7.4% | 13.1% | 7.3% |
| Low | -11.3% | 1.1% | 3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.46 | 8.65 | 8.79 |
| Avg | 6.18 | 7.55 | 8.54 |
| Low | 5.88 | 6.49 | 8.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.1% | 39.9% | 16.4% |
| Avg | -16.8% | 22.1% | 13.0% |
| Low | -20.9% | 4.9% | 8.6% |
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.