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NASDAQ:VECO 4 November 2025

Axcelis (ACLS) Stock Jumps on Q3 Earnings Beat and Veeco Merger: Key Insights & Outlook

Axcelis (ACLS) Stock Jumps on Q3 Earnings Beat and Veeco Merger: Key Insights & Outlook

Axcelis shares closed at $86.24 on Nov. 4, up 5% after Q3 earnings beat estimates with $213.6 million revenue and $1.21 non-GAAP EPS. The stock is down about 20% over the past year but up 235% over five years. Axcelis announced an all-stock merger with Veeco Instruments in October, valuing the combined company at $4.4 billion. Wall Street rates the stock between Hold and Buy, with an average target of $97.
4 November 2025
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