Axcelis Technologies (NASDAQ:ACLS) Updates Q2 2026 Earnings Guidance
by Amy Steele · The Cerbat GemAxcelis Technologies (NASDAQ:ACLS – Get Free Report) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.900- for the period, compared to the consensus earnings per share estimate of 0.780. The company issued revenue guidance of $205.0M-, compared to the consensus revenue estimate of $203.6 million.
Axcelis Technologies Trading Up 2.7%
Shares of Axcelis Technologies stock traded up $4.27 during trading on Friday, reaching $162.93. 685,630 shares of the company were exchanged, compared to its average volume of 795,715. The company has a quick ratio of 3.11, a current ratio of 4.77 and a debt-to-equity ratio of 0.04. Axcelis Technologies has a twelve month low of $55.93 and a twelve month high of $171.61. The business has a 50-day moving average price of $105.37 and a 200-day moving average price of $92.72. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 43.17, a P/E/G ratio of 20.44 and a beta of 1.93.
Axcelis Technologies (NASDAQ:ACLS – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The business had revenue of $198.96 million during the quarter, compared to analysts’ expectations of $195.03 million. During the same period in the previous year, the firm earned $0.88 earnings per share. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Sell-side analysts anticipate that Axcelis Technologies will post 2.86 EPS for the current fiscal year.
Wall Street Analyst Weigh In
ACLS has been the subject of a number of research analyst reports. Bank of America boosted their target price on Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a research note on Tuesday, January 13th. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Weiss Ratings upgraded Axcelis Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Finally, B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $116.25.
Check Out Our Latest Report on ACLS
Insider Activity at Axcelis Technologies
In related news, CEO Russell Low sold 7,468 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer owned 123,570 shares of the company’s stock, valued at $19,369,597.50. This represents a 5.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jorge Titinger sold 1,000 shares of the stock in a transaction that occurred on 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 in the company, valued at $518,160. This represents a 13.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 10,956 shares of company stock worth $1,540,361 in the last ninety days. 0.49% of the stock is owned by company insiders.
Axcelis Technologies News Roundup
Here are the key news stories impacting Axcelis Technologies this week:
- Positive Sentiment: Raised near-term guidance — Management set Q2 2026 EPS guidance around $0.90, above the Street (~$0.78), providing clear forward earnings upside that supports the rally. Read More.
- Positive Sentiment: Q1 beat on both EPS and revenue with healthy margins — Non‑GAAP EPS $0.72 vs. $0.71 consensus and revenue of $199.0M vs. ~$195M; non‑GAAP gross margin ~40.7%, which validates profitability as revenues rise modestly year-over-year. Read More.
- Positive Sentiment: Conference / technical visibility — Participation in ASMC 2026 and investor presentations reinforce Axcelis’s process leadership in ion implantation, aiding demand visibility for advanced-node tools. Read More.
- Neutral Sentiment: Earnings call color available — Transcripts and the conference presentation provide details on demand mix, margin drivers and product roadmap useful for modeling; no major surprises beyond the raised guidance. Read More.
- Neutral Sentiment: Full results release and GAAP vs. non‑GAAP reconciliation posted — Investors can drill into one‑time items and cash flow to refine estimates. Read More.
- Negative Sentiment: Insider sale by CEO — CEO Russell Low sold 7,468 shares (~$1.17M) under a pre-arranged Rule 10b5‑1 plan; while planned, insider sales can temper sentiment for some investors. Read More.
- Negative Sentiment: Analyst coverage remains mixed — Several price targets and ratings are below current levels, which could cap upside if demand softens or guidance slips. Read More.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Victory Capital Management Inc. raised its position in Axcelis Technologies by 85.9% during the 4th quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock worth $145,207,000 after purchasing an additional 835,242 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Axcelis Technologies by 9.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 841,040 shares of the semiconductor company’s stock worth $67,570,000 after buying an additional 71,428 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Axcelis Technologies by 7.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock worth $31,560,000 after purchasing an additional 44,275 shares during the period. Invesco Ltd. lifted its position in shares of Axcelis Technologies by 23.8% during the fourth quarter. Invesco Ltd. now owns 478,897 shares of the semiconductor company’s stock worth $38,475,000 after acquiring an additional 92,162 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in Axcelis Technologies by 47.7% in the third quarter. BNP Paribas Financial Markets now owns 283,926 shares of the semiconductor company’s stock valued at $27,723,000 after acquiring an additional 91,738 shares during the last quarter. 89.98% of the stock is currently 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.