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

Axcelis Technologies (NASDAQ:ACLS) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) 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.

Wall Street Analysts Forecast Growth

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

Axcelis Technologies Stock Performance

Shares of NASDAQ ACLS traded up $3.61 during midday trading on Friday, hitting $140.27. 464,109 shares of the stock traded hands, compared to its average volume of 442,057. The firm has a market capitalization of $4.31 billion, a P/E ratio of 47.07, a PEG ratio of 9.68 and a beta of 1.92. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.90. The firm has a 50-day moving average of $152.46 and a two-hundred day moving average of $124.32. Axcelis Technologies has a one year low of $73.60 and a one year high of $193.78.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.89 by $0.17. The firm had revenue of $215.18 million during the quarter, compared to analyst estimates of $205.03 million. Axcelis Technologies had a net margin of 10.71% and a return on equity of 11.69%. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.13 EPS. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. On average, equities analysts forecast that Axcelis Technologies will post 3.21 EPS for the current fiscal year.

Insider Buying and Selling at Axcelis Technologies

In other Axcelis Technologies news, EVP Eileen Evans sold 926 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $155.51, for a total value of $144,002.26. Following the completion of the sale, the executive vice president owned 31,295 shares in the company, valued at $4,866,685.45. This represents a 2.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Necip Sayiner sold 1,586 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.44, for a total transaction of $249,699.84. Following the completion of the sale, the director directly owned 7,112 shares of the company’s stock, valued at $1,119,713.28. This represents a 18.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 26,083 shares of company stock valued at $4,001,032 in the last ninety days. 0.49% of the stock is currently owned by company insiders.

Axcelis Technologies News Roundup

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

• Positive Sentiment: Q2 earnings and revenue beat estimates. Axcelis reported revenue of $215.2 million, up 10.6% year over year, while non-GAAP diluted EPS was $1.06 versus the $0.89 consensus estimate. Non-GAAP gross and operating margins were 42.7% and 14.7%, respectively. Axcelis Announces Financial Results for Second Quarter 2026
• Positive Sentiment: Q3 guidance exceeded analyst expectations. Management forecast EPS of approximately $1.11 and revenue of $230 million, above consensus estimates of $1.01 and $214.8 million. The company also raised its full-year 2026 outlook to mid-single-digit revenue growth, improving visibility for investors. Axcelis expects Q3 2026 EPS of about $1.11 as it lifts full-year 2026 outlook
• Neutral Sentiment: Investors are weighing the semiconductor capital-spending outlook. Recent analysis highlights Axcelis’s exposure to the ongoing chip-manufacturing buildout but questions whether the equipment-spending cycle can continue supporting growth. This remains an important longer-term factor for ACLS. Can Axcelis Technologies Keep Riding the Semiconductor Capital Spending Wave?
• Negative Sentiment: Craig Hallum downgraded ACLS from Buy to Hold and assigned a $140 price target, suggesting limited near-term upside at the time of the report. The downgrade may temper enthusiasm following the earnings beat, particularly given the stock’s elevated valuation and recent volatility. Finviz

Institutional Investors Weigh In On Axcelis Technologies

Hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its position in shares of Axcelis Technologies by 145.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 267 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Axcelis Technologies during the 3rd quarter worth approximately $32,000. Quadrant Capital Group LLC purchased a new stake in shares of Axcelis Technologies during the third quarter valued at $93,000. Ameriflex Group Inc. bought a new position in Axcelis Technologies in the 4th quarter worth about $95,000. Finally, Smartleaf Asset Management LLC grew its stake in Axcelis Technologies by 21.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,163 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 206 shares in the last quarter. Hedge funds and other institutional investors own 89.98% of the company’s stock.

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.