B of A Securities Rates Axcelis Technologies (ACLS) sell

B of A Securities reiterated its sell rating on Axcelis Technologies with a $156 price target, a 10.51% downside from the current price.

By EarningsIQ Research Desk · Published Jun 23, 2026, 9:01 AM EDT · Updated Jun 25, 2026, 3:01 PM EDT

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B of A Securities rated Axcelis Technologies, Inc. ($ACLS) "sell" with a $156 price target on June 23, 2026.

Since the rating, $ACLS is up 10.8% after 1 week, down 17.3% after 1 month and down 36.7% to date (from the $171.06 close on Jun 23, 2026).

ACLS Axcelis Technologies, Inc.

$108.35 +25.81% year to date

Daily close · Oct 16, 2026

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.

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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.

Analyst rating track record

B of A Securities vs. the S&P 500

YTD return +3.70% hypothetical

All-time return +26.99% S&P 500 +26.21%

vs. S&P 500 +0.78% ahead of the index

Hypothetical returns from B of A Securities's disclosed trades, not real profit or advice. How we model this.

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 59.5%

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.

12-month forecast

$ACLS price target

Axcelis Technologies, Inc. daily closes and this analyst's $156 target. Not 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.