Axcelis Technologies (NASDAQ:ACLS) Updates Q2 2026 Earnings Guidance

Axcelis Technologies (NASDAQ:ACLS) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.900- for the period, compared to the consensus estimate of 0.780. The company issued revenue guidance of $205.0M-, compared to the consensus revenue estimate of $203.6 million.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Bank of America increased their price target on shares of Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a report on Tuesday, January 13th. B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a report on Monday, April 20th. Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings raised shares of Axcelis Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Axcelis Technologies currently has an average rating of “Hold” and an average price target of $116.25.

Axcelis Technologies Stock Up 2.8%

Shares of ACLS stock opened at $163.03 on Friday. Axcelis Technologies has a 1-year low of $55.93 and a 1-year high of $171.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.77 and a quick ratio of 3.11. The company has a market cap of $5.01 billion, a price-to-earnings ratio of 50.79, a price-to-earnings-growth ratio of 18.97 and a beta of 1.93. The stock’s fifty day moving average price is $105.37 and its 200 day moving average price is $92.72.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.25%. The business had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. During the same period in the previous year, the firm posted $0.88 earnings per share. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, research analysts expect that Axcelis Technologies will post 2.86 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Jorge Titinger sold 1,000 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $80.00, for a total transaction of $80,000.00. Following the completion of the sale, the director owned 6,477 shares of the company’s stock, valued at approximately $518,160. This represents a 13.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Russell Low sold 7,468 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $156.75, for a total transaction of $1,170,609.00. Following the sale, the chief executive officer directly owned 123,570 shares of the company’s stock, valued at approximately $19,369,597.50. This represents a 5.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,956 shares of company stock valued at $1,540,361 in the last ninety days. 0.49% of the stock is owned by corporate insiders.

Axcelis Technologies News Summary

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

• Positive Sentiment: Axcelis posted Q1 non-GAAP EPS of $0.72, just ahead of estimates, and revenue of $199.0 million, also above expectations. Margins remained healthy, which supports the view that the business is still profitable even with modest sales growth. Axcelis Announces Financial Results for First Quarter 2026
• Positive Sentiment: Management raised Q2 2026 EPS guidance to about $0.90, above the Street’s roughly $0.78 estimate. That stronger outlook is likely the main catalyst supporting the stock today. Axcelis Q1 slide deck / press release
• Neutral Sentiment: The earnings call transcript and presentation are drawing attention as investors look for more detail on demand trends, mix, and margin drivers. So far, these materials appear to confirm the upbeat guidance rather than add a major new surprise. Axcelis Technologies, Inc. (ACLS) Q1 2026 Earnings Call Transcript
• Negative Sentiment: CEO Russell Low sold 7,468 shares in a pre-arranged Rule 10b5-1 transaction. The sale was planned, but insider selling can still slightly dampen sentiment. SEC Form 4 – Russell Low sale

Hedge Funds Weigh In On Axcelis Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the company. Invesco Ltd. boosted its holdings in Axcelis Technologies by 23.8% in the 4th quarter. Invesco Ltd. now owns 478,897 shares of the semiconductor company’s stock valued at $38,475,000 after purchasing an additional 92,162 shares during the last quarter. Ameriflex Group Inc. acquired a new position in Axcelis Technologies in the 4th quarter valued at about $95,000. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Axcelis Technologies by 34.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 3,721 shares of the semiconductor company’s stock worth $299,000 after acquiring an additional 951 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Axcelis Technologies by 130.2% in the 4th quarter. NewEdge Advisors LLC now owns 2,406 shares of the semiconductor company’s stock worth $193,000 after acquiring an additional 1,361 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Axcelis Technologies by 706.8% in the 4th quarter. Empowered Funds LLC now owns 38,888 shares of the semiconductor company’s stock worth $3,124,000 after acquiring an additional 34,068 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors and hedge funds.

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.