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Axcelis Technologies, Inc. (ACLS) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$82.61
Market reference
Price Target
$110.00
+33.2% Upside
Target Range
$110.00 — $110.00
High conviction
Analyst Rating
Buy
12 analysts
Forward P/E22.6x
Trailing P/E21.7x
Forward PEG1.07
Implied Growth-5.6%
Median Target$110.00
Analyst Spread0.0%

Analysts see +33.2% upside to their consensus target of $110.00. The bullish rating consensus aligns with positive price target gap.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$82.61
Consensus$110.00
High$110.00
Low$110.00
Model$84.89
Bear Case
$110
+33.2%
Consensus
$110
+33.2%
Bull Case
$110
+33.2%
Valuation Model TargetsConfidence: 59/100
Bear$27
Base$85
Bull$266

Analyst Ratings Distribution

Breakdown of 12 published analyst recommendations for ACLS

25% hold / mixed conviction
+29
BearishBullish
Weighted analyst sentiment score based on 12 ratings
ConsensusBuy
Coverage12 Analysts
Net Score+29
Bull / Bear67% / 8%
Strong Buy00%
Buy867%
Hold325%
Sell18%
Strong Sell00%
Strong Buy
00%
Buy
867%
Hold
325%
Sell
18%
Strong Sell
00%
Recommendation Mix67% Buy · 25% Hold · 8% Sell
Buy (8)Hold (3)Sell (1)

ACLS Price Target Analysis

Updated February 28, 2026

As of February 28, 2026, Axcelis Technologies, Inc. (ACLS) has a Wall Street consensus price target of $110.00, based on estimates from 12 covering analysts. With the stock currently trading at $82.61, this represents a potential upside of +33.2%. The company has a market capitalization of $2.68B.

Analyst price targets range from a low of $110.00 to a high of $110.00, representing a 0% spread in expectations. The median target of $110.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.

From a valuation perspective, ACLS trades at a trailing P/E of 21.7x and forward P/E of 22.6x. The forward PEG ratio of 1.07 indicates reasonable valuation for growth. Analysts expect EPS to grow -5.6% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $84.89, with bear and bull scenarios of $26.91 and $266.32 respectively. Model confidence stands at 59/100, reflecting moderate uncertainty in projections.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside+5.2%
Avg Forward P/E33.9x
Peers with Coverage6 / 7
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
ACLSAxcelis Technologies, Inc.
$2.7B$82.61$110.00+33.2%Buy22.6x12
ASMLASML Holding N.V.$563.0B$1450.56$1458.50+0.5%Buy41.3x44
AMATApplied Materials, Inc.$295.2B$372.30$420.83+13.0%Buy33.9x53
LRCXLam Research Corporation$292.6B$233.89$267.50+14.4%Buy44.0x50
ACMRACM Research, Inc.$3.3B$55.68$40.00-28.2%Buy25.2x10
VECOVeeco Instruments Inc.$1.8B$30.56$30.00-1.8%Buy18.3x36
ASYSAmtech Systems, Inc.$188M$13.05——Buy52.2x9

Upside Potential Comparison

ACLS
+33.2%
LRCX
+14.4%
AMAT
+13.0%
ASML
+0.5%
VECO
-1.8%
ACMR
-28.2%

See ACLS's True Return

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Is ACLS Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Compare ACLS vs NVDA

See how ACLS stacks up against sector leader NVIDIA Corporation.

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Frequently Asked Questions

What is the ACLS stock price target for 2026?

The consensus Wall Street price target for ACLS is $110, representing 33.2% upside from the current price of $82.61. With 12 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

Is ACLS a buy, sell, or hold?

ACLS has a consensus rating of "Buy" based on 12 Wall Street analysts. The rating breakdown is predominantly bullish, with 8 Buy/Strong Buy ratings. The consensus 12-month price target of $110 implies 33.2% upside from current levels.

Is ACLS stock overvalued or undervalued?

ACLS trades at a forward P/E of 22.6434x, representing a moderate valuation. With analysts targeting $110 (33.2% implied move), the stock appears reasonably valued with upside.

How high can ACLS stock go?

The most bullish Wall Street analyst has a price target of $110 for ACLS, while the most conservative target is $110. The consensus of $110 represents the median expectation. Our quantitative valuation model projects a bull case target of $266 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover ACLS stock?

ACLS is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 3 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the ACLS stock forecast?

The 12-month ACLS stock forecast based on 12 Wall Street analysts shows a consensus price target of $110, with estimates ranging from $110 (bear case) to $110 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $85, with bear/bull scenarios of $27/$266.

What is ACLS's fair value based on fundamentals?

Our quantitative valuation model calculates ACLS's fair value at $85 (base case), with a bear case of $27 and bull case of $266. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 59/100.

What is ACLS's forward P/E ratio?

ACLS trades at a forward P/E ratio of 22.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 21.7x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy ACLS stock?

Wall Street analysts are very optimistic on ACLS, with a "Buy" consensus rating and $110 price target (33.2% upside). 8 of 12 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do ACLS price targets vary so much?

ACLS analyst price targets range from $110 to $110, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $110 consensus represents the middle ground. Our model's $27-$266 range provides an independent fundamental perspective.

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