Added to YB: 2024-05-02
Pitch date: 2024-04-27
ACLS [bullish]
Axcelis Technologies, Inc.
-16.24%
current return
Author Info
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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
$103.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.40
P/E
19.19
EV/Sales
2.52
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Axcelis Stock Analysis Deep Dive
ACLS: Leading ion implantation equipment provider for semiconductors. 98% revenue from implanters, aftermarket parts & services. Focus on power devices (59% rev) for EVs, renewables, industrials. Expects to double SiC wafer starts every 3yrs. 1.3B rev goal for 2025 (flat 2024). Trades 10.5x EV/NI w/ 1.2B backlog. Cash 1/6 of mkt cap. Risks: Export bans to China, slower EV adoption.
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