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

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

Axcelis Technologies Stock Performance

Shares of NASDAQ ACLS traded down $12.34 during mid-day trading on Thursday, hitting $158.66. The company had a trading volume of 1,418,723 shares, compared to its average volume of 797,625. The company has a market capitalization of $4.88 billion, a price-to-earnings ratio of 41.86, a P/E/G ratio of 16.70 and a beta of 1.93. Axcelis Technologies has a 1 year low of $55.93 and a 1 year high of $171.61. The company has a current ratio of 4.77, a quick ratio of 3.11 and a debt-to-equity ratio of 0.04. The stock's 50-day moving average price is $103.83 and its 200-day moving average price is $92.19.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.11). Axcelis Technologies had a net margin of 14.33% and a return on equity of 13.73%. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, sell-side analysts forecast that Axcelis Technologies will post 2.86 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Bank of America upped their price target on shares of Axcelis Technologies from $90.00 to $100.00 and gave the stock 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 on the stock in a report on Monday, April 20th. Weiss Ratings raised shares of Axcelis Technologies from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, April 22nd. Finally, Zacks Research raised shares of Axcelis Technologies from a "strong sell" rating to a "hold" rating in a report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Axcelis Technologies currently has an average rating of "Hold" and an average price target of $116.25.

Insider Activity

In other Axcelis Technologies news, CEO Russell Low sold 7,468 shares of Axcelis Technologies stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $156.75, for a total transaction of $1,170,609.00. Following the completion of the sale, the chief executive officer owned 123,570 shares of the company's stock, valued at $19,369,597.50. The trade was a 5.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jorge Titinger sold 1,000 shares of Axcelis Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $80.00, for a total value of $80,000.00. Following the sale, the director directly owned 6,477 shares of the company's stock, valued at approximately $518,160. This trade represents a 13.37% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 10,956 shares of company stock valued at $1,540,361. Corporate insiders own 0.49% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vise Technologies Inc. grew its stake in shares of Axcelis Technologies by 7.5% during the fourth quarter. Vise Technologies Inc. now owns 2,937 shares of the semiconductor company's stock valued at $236,000 after buying an additional 204 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Axcelis Technologies by 21.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,163 shares of the semiconductor company's stock valued at $95,000 after buying an additional 206 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Axcelis Technologies by 145.1% during the second 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 during the last quarter. State of Wisconsin Investment Board grew its stake in shares of Axcelis Technologies by 0.6% during the fourth quarter. State of Wisconsin Investment Board now owns 50,506 shares of the semiconductor company's stock valued at $4,058,000 after buying an additional 292 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of Axcelis Technologies by 12.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,898 shares of the semiconductor company's stock valued at $233,000 after buying an additional 313 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.

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