B of A Securities Maintains Sell Rating on Axcelis Technologies
B of A Securities reiterated its sell rating on Axcelis Technologies with a $156 price target, a 10.51% downside from the current price.
Key Points
- On June 23, 2026, B of A Securities reiterated a sell rating on Axcelis Technologies, setting a price target of $156.
- B of A Securities's $156 price target implies 10.51% downside from Axcelis Technologies, Inc.'s ($ACLS) current $174.33 share price.
- Shares of Axcelis Technologies traded at $184.31 on Tuesday, with a market cap of $5.65 billion and a P/E ratio of 56.94.
- Insiders at Axcelis Technologies sold shares throughout June 2026, with several transactions by top executives.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 23, 2026, B of A Securities reiterated its sell rating on Axcelis Technologies, Inc. (NasdaqGS: ACLS), maintaining a price target of $156. This analysis comes as the stock traded at $184.31 on Tuesday.
B of A Securities vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Analysts Set New Price Targets
On June 23, 2026, B of A Securities reiterated its sell rating for Axcelis Technologies with a price target of $156. Other analysts have recently weighed in as well. B. Riley Securities maintained a hold rating with a target of $91 on February 18, 2026. Overall, the consensus recommendation for Axcelis Technologies is a buy, with a mean target price of $161.
Axcelis Technologies, Inc. Stock Up 50.8%
Shares of Axcelis Technologies traded near $184.31 on Tuesday. The company has a market cap of approximately $5.65 billion and a P/E ratio of 56.94. Its forward P/E is 39.67, and it has a beta of 1.918. The stock's 52-week range is between $65.00 and $193.78. Its 50-day moving average is $149.30, and the 200-day moving average is $102.60. Axcelis has a strong current ratio of 4.59 and a quick ratio of 2.59, with a debt-to-equity ratio of 6.75.
$ACLS price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Axcelis Technologies, Inc.
In June 2026, several insiders at Axcelis Technologies sold shares. On June 16, David Ryzhik, the Senior Vice President and Interim CFO, sold 76 shares at an average price of $176.85. Gerald Blumenstock, EVP of Research, Development, and Engineering, sold 506 shares at $191.60 on June 15. Earlier in the month, Necip Sayiner sold 1,586 shares at $157.44 on June 3, while Robert John Mahoney, EVP of Global Operations, sold 1,155 shares at $155.24 on June 2.
About Axcelis Technologies
Axcelis Technologies, Inc. designs and manufactures ion implantation and other processing equipment used in making semiconductor chips. Based in Beverly, Massachusetts, the company serves clients in the United States, Europe, and the Asia Pacific. Axcelis offers high-energy, high-current, and medium-current implanters, along with aftermarket lifecycle products and services. Dr. Russell J. Low leads the company as CEO, overseeing a workforce of approximately 1,465 employees.
Bottom Line
Investors are keeping a close eye on Axcelis Technologies following the reiteration of a sell rating by B of A Securities. The stock is currently trading above the target price set by the analyst, which suggests varying market expectations. As always, it's important to remember that these ratings are based on past data and may not predict future stock performance.
Get Axcelis Technologies, Inc. alerts
New 13F filings, insider trades, and analyst moves on $ACLS, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.