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Nervous markets await NvidiaThis summary was created by AI, based on 3 opinions in the last 12 months.
Axcellis Technologies, Inc. (ACLS) has shown significant volatility recently, reflecting mixed opinions from various experts. One analyst warns against investing in the stock at this time, citing a notable downtrend and lack of robust buying volumes despite a possible short-term recovery. Conversely, another expert, Trevor Rose from 5i Research, points out that ACLS's financials are relatively strong, highlighting a flat revenue in Q1-2024 that surpassed initial estimates and a healthy balance sheet. He believes the stock presents potential value with future growth anticipated, despite some cyclicality in its business. Lastly, a stock analyst previously regarded ACLS as a top pick but has now suggested covering the position following a triggered stop-loss, indicating some caution about its current trajectory.
ACLS designs and manufactures processing equipment used in the fabrication of chips and is now trading at 14.2x times' Forward P/E. In Q1-2024, ACLS’s revenue was largely flat compared to last year's $252M, beating estimates of $242.6M and EPS was $1.57, beating estimates of $1.24. The operating results were solid, above the company’s guidance. The balance sheet is strong, with a net cash of $485M. The company generates healthy cash flow and returns some as buybacks. Based on consensus estimates, sales are expected to be flat this year and start to grow by 10% next year. We think there is some cyclicality in ACLS’s business but nowhere close to a secular decline. We think it looks decent today.
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Axcellis Technologies, Inc. is a American stock, trading under the symbol ACLS-Q on the NASDAQ (ACLS). It is usually referred to as NASDAQ:ACLS or ACLS-Q
In the last year, 3 stock analysts published opinions about ACLS-Q. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Axcellis Technologies, Inc..
Axcellis Technologies, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Axcellis Technologies, Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Axcellis Technologies, Inc. In the last year. It is a trending stock that is worth watching.
On 2025-05-02, Axcellis Technologies, Inc. (ACLS-Q) stock closed at a price of $52.3.
Looks like a rollercoaster at the end of the ride. Don't touch this right now. Looks to be making a recovery today, and there might be a quick pop to $82. The drop from June is significant. Usually if you see a bottom and big volumes, there's a big turnover and lots are interested in buying it. But he doesn't see those big volumes.
In a downtrend. Prices reflect value, despite what you might read.