The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell".
The average consensus recommendation for the semiconductor equipment & testing peer group is "buy."
Wall Street's median 12-month price target for Axcelis Technologies, Inc. is $164.50, about 20.4% above its August 5 closing price of $136.67.
The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 35 three months ago.