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

Axcelis Technologies (NASDAQ:ACLS) 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.

Wall Street Analyst Weigh In

Several research firms have issued reports on ACLS. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings upgraded Axcelis Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, April 22nd. Bank of America increased their price objective on Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a research note on Tuesday, January 13th. Finally, B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company in a research note on Monday, April 20th. Three research 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 MarketBeat, Axcelis Technologies currently has an average rating of “Hold” and an average price target of $116.25.

Axcelis Technologies Price Performance

Shares of NASDAQ:ACLS traded up $4.20 during midday trading on Friday, reaching $162.86. The company’s stock had a trading volume of 607,431 shares, compared to its average volume of 795,048. The business’s fifty day simple moving average is $105.37 and its 200-day simple moving average is $92.72. 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 capitalization of $5.00 billion, a P/E ratio of 43.15, a P/E/G ratio of 20.44 and a beta of 1.93. Axcelis Technologies has a fifty-two week low of $55.93 and a fifty-two week high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) 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. The firm had revenue of $198.96 million during the quarter, compared to analyst estimates of $195.03 million. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The company’s revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, equities research analysts expect that Axcelis Technologies will post 2.86 EPS for the current fiscal year.

Insider Transactions at Axcelis Technologies

In other 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 transaction, the chief executive officer owned 123,570 shares in the company, valued at $19,369,597.50. The trade was a 5.70% decrease in their position. The transaction 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 shares were sold at an average price of $80.00, for a total value of $80,000.00. Following the transaction, the director owned 6,477 shares in the company, valued at $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 90 days, insiders have sold 10,956 shares of company stock worth $1,540,361. Company insiders own 0.49% of the company’s stock.

Key Headlines Impacting Axcelis Technologies

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

• Positive Sentiment: Management raised Q2 2026 EPS guidance to roughly $0.90, above the consensus ~ $0.78 — this forward bump is the main catalyst supporting a stronger near‑term outlook. Read More.
• Positive Sentiment: Q1 results beat marginally: non‑GAAP EPS $0.72 vs. consensus $0.71 and revenue ~$199M vs. $195M est; non‑GAAP gross margin ~40.7% — shows profitability resilience as revenue grows modestly. Read More.
• Positive Sentiment: Company is presenting at ASMC 2026 and increased technical visibility (process leadership in ion implantation), which likely boosted pre‑earnings positioning and investor confidence. Read More.
• Neutral Sentiment: Earnings call and transcripts provide granular color on demand mix, margin drivers and product roadmap — useful for modeling but contained no major surprises beyond the guidance raise. Read More.
• Neutral Sentiment: Analyst coverage and slide materials are available for deeper review; investors should parse GAAP vs. non‑GAAP items and backlog/comments on demand cadence. Read More.
• Negative Sentiment: Insider sale — CEO Russell Low sold 7,468 shares (~$1.17M) under a pre‑arranged Rule 10b5‑1 plan; while routine, insider selling can create short‑term concern for some investors. Read More.
• Negative Sentiment: Street coverage remains mixed and median price targets cited recently sit well below current levels — leaves room for downside if execution or demand softens. Read More.

Institutional Investors Weigh In On Axcelis Technologies

Several institutional investors have recently bought and sold shares of ACLS. EverSource Wealth Advisors LLC lifted its stake in Axcelis Technologies by 145.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 267 shares in the last quarter. Advisory Services Network LLC bought a new stake in Axcelis Technologies in the 3rd quarter valued at approximately $32,000. Quadrant Capital Group LLC bought a new stake in Axcelis Technologies in the 3rd quarter valued at approximately $93,000. Ameriflex Group Inc. bought a new stake in Axcelis Technologies in the 4th quarter valued at approximately $95,000. Finally, Smartleaf Asset Management LLC lifted its stake in Axcelis Technologies by 21.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,163 shares of the semiconductor company’s stock valued at $95,000 after acquiring an additional 206 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

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.