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 (EPS) guidance of 1.110-1.110 for the period, compared to the consensus 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.

Axcelis Technologies Price Performance

Axcelis Technologies stock traded up $4.20 during midday trading on Thursday, reaching $140.87. 205,164 shares of the stock were exchanged, compared to its average volume of 700,356. The company’s fifty day moving average is $153.04 and its 200-day moving average is $123.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. The firm has a market cap of $4.33 billion, a PE ratio of 43.79, a PEG ratio of 9.89 and a beta of 1.92. Axcelis Technologies has a 52 week low of $73.60 and a 52 week high of $193.78.

Axcelis Technologies (NASDAQ:ACLS) last announced 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 the consensus estimate of $205.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period last year, the firm earned $1.13 EPS. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. On average, sell-side analysts forecast that Axcelis Technologies will post 3.21 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. B. Riley Financial upgraded 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. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Bank of America lifted their target price on Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a report on Tuesday, June 23rd. Finally, Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Axcelis Technologies presently has a consensus rating of “Hold” and an average price target of $130.25.

Insider Buying and Selling

In related news, EVP Eileen Evans sold 926 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $155.51, for a total transaction of $144,002.26. Following the sale, the executive vice president owned 31,295 shares of the company’s stock, valued at $4,866,685.45. This represents a 2.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Necip Sayiner sold 1,586 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $157.44, for a total transaction of $249,699.84. Following the transaction, the director owned 7,112 shares of the company’s stock, valued at $1,119,713.28. This trade represents a 18.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,083 shares of company stock valued at $4,001,032 in the last three months. Corporate insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On Axcelis Technologies

Several large investors have recently added to or reduced their stakes in the stock. Abel Hall LLC purchased a new stake in Axcelis Technologies during the fourth quarter valued at approximately $211,000. Commonwealth Equity Services LLC increased its position in shares of Axcelis Technologies by 12.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,898 shares of the semiconductor company’s stock valued at $233,000 after purchasing an additional 313 shares during the last quarter. Vise Technologies Inc. raised its holdings in Axcelis Technologies by 7.5% during the 4th 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 period. Virtus Advisers LLC purchased a new stake in Axcelis Technologies during the 3rd quarter valued at $217,000. Finally, Inceptionr LLC bought a new stake in Axcelis Technologies in the third quarter worth $221,000. 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.