Axcelis Technologies (NASDAQ:ACLS) Releases Q4 2026 Earnings Guidance

Axcelis Technologies (NASDAQ:ACLS) issued an update on its fourth quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.500-1.500 for the period, compared to the consensus earnings per share estimate of 1.180. The company issued revenue guidance of $275.0 million, compared to the consensus revenue estimate of $239.3 million.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ACLS shares. B. Riley Financial reaffirmed a “buy” rating and issued a $140.00 price objective (down from $165.00) on shares of Axcelis Technologies in a research note on Friday. Weiss Ratings upgraded shares of Axcelis Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 16th. Craig Hallum upgraded Axcelis Technologies from a “hold” rating to a “buy” rating and set a $140.00 price objective on the stock in a research report on Friday. Finally, Wall Street Zen raised Axcelis Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Axcelis Technologies currently has an average rating of “Hold” and a consensus target price of $145.33.

Axcelis Technologies Trading Up 10.3%

NASDAQ ACLS opened at $99.24 on Friday. Axcelis Technologies has a 12 month low of $73.60 and a 12 month high of $193.78. The firm’s 50-day moving average is $115.62 and its two-hundred day moving average is $122.71. The stock has a market capitalization of $3.06 billion, a P/E ratio of 29.54, a PEG ratio of 2.91 and a beta of 1.88. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.90 and a quick ratio of 3.21.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.15. The firm had revenue of $237.78 million during the quarter, compared to analyst estimates of $230.08 million. Axcelis Technologies had a return on equity of 11.69% and a net margin of 10.71%. Axcelis Technologies’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.21 EPS. Axcelis Technologies has set its Q4 2026 guidance at 1.500-1.500 EPS. On average, sell-side analysts anticipate that Axcelis Technologies will post 3.39 earnings per share for the current year.

Key Stories Impacting Axcelis Technologies

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

• Positive Sentiment: Third-quarter earnings beat expectations: non-GAAP EPS was $1.26 versus a $1.11 consensus, while revenue of $237.8 million topped estimates of about $230 million and rose 11.3% year over year. Axcelis Announces Financial Results for Third Quarter 2026
• Positive Sentiment: Axcelis forecast fourth-quarter revenue of $275 million and EPS of $1.50, both well above analyst estimates of roughly $239 million and $1.18, respectively. The upbeat outlook is a key reason for the positive investor reaction. Axcelis expects about $275M Q4 revenue
• Positive Sentiment: Craig Hallum upgraded ACLS from Hold to Buy and set a $140 price target, signaling improved analyst sentiment. Craig Hallum upgrades Axcelis
• Neutral Sentiment: Axcelis said it is targeting completion of its Veeco merger by the end of the first quarter of 2027; the transaction’s eventual impact will depend on closing and integration. Merger timing and Q4 outlook
• Negative Sentiment: B. Riley reaffirmed its Buy rating but cut its price target to $140 from $165, tempering the bullish signal despite the target remaining above the current share price. B. Riley reaffirms Buy and lowers target

Axcelis Technologies Company Profile

Axcelis Technologies, Inc develops and manufactures equipment used in the fabrication of semiconductor devices. The company is best known for its ion implantation systems, which precisely introduce dopant atoms into silicon wafers to control the electrical properties of semiconductor components.

Its product portfolio includes the Purion family of ion implantation systems, designed for applications such as high-current, medium-current and high-energy implantation. Axcelis also provides related aftermarket products and services, including spare parts, equipment upgrades, process support and customer training.

Headquartered in Beverly, Massachusetts, Axcelis serves semiconductor manufacturers and other customers in major chip-production regions worldwide.