Added to YB: 2024-09-02
Pitch date: 2024-08-31
ACLS [bullish]
Axcelis Technologies, Inc.
-18.45%
current return
Author Info
No bio for this author
Company Info
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific.
Market Cap
$2.5B
Pitch Price
$107.00
Price Target
160.00 (+87%)
Dividend
N/A
EV/EBITDA
13.40
P/E
19.19
EV/Sales
2.52
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Axcelis Technologies: Potential Long-Term Compounder - Part 2 (FY 2024 Q2 Update)
ACLS: Ion implantation leader, 60% power segment market share. Q2 rev $256.5M, margins down 200bps. Bull: EV/alt energy growth, CS&I expansion, tech leadership. Risks: China exposure (55%), cyclical industry, competition. DCF $160.50, upside $174.17. Strong mgmt, R&D focus. 12-month target $160.
Read full article (8 min)