Axcelis Technologies (NASDAQ:ACLS) Releases Q3 2026 Earnings Guidance

Axcelis Technologies (NASDAQ:ACLS) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.110-1.110 for the period, compared to the consensus earnings per share estimate of 1.010. The company issued revenue guidance of $230.0 million-$230.0 million, compared to the consensus revenue estimate of $214.8 million.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research report on Monday, April 20th. Weiss Ratings downgraded shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Craig Hallum lowered shares of Axcelis Technologies from a “buy” rating to a “hold” rating and set a $140.00 price objective on the stock. in a research report on Friday. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Bank of America lifted their price target on shares of Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a research note on Tuesday, June 23rd. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $132.20.

Axcelis Technologies Stock Performance

ACLS stock traded up $1.94 during midday trading on Friday, reaching $138.60. 172,331 shares of the company were exchanged, compared to its average volume of 701,834. Axcelis Technologies has a one year low of $73.60 and a one year high of $193.78. The firm has a market capitalization of $4.26 billion, a price-to-earnings ratio of 43.30, a price-to-earnings-growth ratio of 9.68 and a beta of 1.92. The business has a 50-day moving average price of $152.66 and a two-hundred day moving average price of $124.21. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.17. The company had revenue of $215.18 million for the quarter, compared to analyst estimates of $205.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.13 earnings per share. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. Equities research analysts forecast that Axcelis Technologies will post 3.21 EPS for the current year.

Insider Activity at Axcelis Technologies

In other news, Director John T. Kurtzweil sold 3,500 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $138.79, for a total value of $485,765.00. Following the completion of the sale, the director owned 32,990 shares of the company’s stock, valued at approximately $4,578,682.10. The trade was a 9.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Gregory B. Graves sold 3,225 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $141.61, for a total transaction of $456,692.25. Following the completion of the transaction, the director owned 5,473 shares in the company, valued at $775,031.53. This trade represents a 37.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 26,083 shares of company stock valued at $4,001,032 in the last 90 days. Corporate insiders own 0.49% of the company’s stock.

Axcelis Technologies News Summary

Here are the key news stories impacting Axcelis Technologies this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Axcelis reported $215.2 million in revenue, up 10.6% year over year, versus the $205.0 million consensus estimate. Non-GAAP diluted EPS was $1.06, ahead of expectations near $0.89-$0.90, providing a positive earnings catalyst. Axcelis Announces Financial Results for Second Quarter 2026
• Positive Sentiment: Third-quarter guidance was stronger than expected. Management projected approximately $1.11 in EPS and $230 million in revenue, above consensus estimates of $1.01 EPS and $214.8 million in revenue. The outlook suggests continued demand for Axcelis’ semiconductor manufacturing equipment. Axcelis Technologies Earnings Report
• Neutral Sentiment: Profitability was mixed. Q2 GAAP diluted EPS was $0.75, while non-GAAP EPS was $1.06. Although revenue and adjusted earnings improved, GAAP EPS declined from $1.13 in the prior-year quarter. Gross margin was 42.4% on a GAAP basis and 42.7% excluding adjustments. Axcelis Q2 2026 Earnings Call Transcript
• Negative Sentiment: Craig Hallum downgraded ACLS from “Buy” to “Hold.” The firm assigned a $140 price target, implying limited upside from the recent trading level. The downgrade may weigh on sentiment despite the strong quarterly report. Finviz Axcelis Technologies Analyst Update

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in shares of Axcelis Technologies by 145.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 267 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Axcelis Technologies in the 3rd quarter valued at $32,000. Quadrant Capital Group LLC acquired a new stake in shares of Axcelis Technologies during the 3rd quarter valued at $93,000. Ameriflex Group Inc. acquired a new stake in shares of Axcelis Technologies during the 4th quarter valued at $95,000. Finally, Smartleaf Asset Management LLC grew its position in Axcelis Technologies by 21.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,163 shares of the semiconductor company’s stock worth $95,000 after acquiring an additional 206 shares during the last quarter. 89.98% of the stock is owned by institutional investors.

About Axcelis Technologies

Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.

The company’s product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.