NASDAQ: ACLS

Axcelis Technologies (ACLS) Stock Analysis & Forecast

Oct 12 close

$127.63−7.08 (−5.3%)

Gekko Brief

AI summaryOct 12 close

Axcelis Technologies shares fell 5.3% to $127.63 this week, extending a pullback that has taken the stock down from levels above $142.31 and $133.48 seen earlier in October. The move follows Q2 2026 results that beat expectations, with revenue of $215 million and EPS of $1.06, alongside full-year guidance for mid-single digit revenue growth, and comes alongside a mixed set of analyst actions: Argus raised its target to $160.00, while the broader analyst set carries a consensus target of $161 against a "Sell" average rating described in one report.

The stock trades at $127.63, above both its 50-day average of $125.33 and its 200-day average of $121.50, with the 50-day above the 200-day. The GekkoIndex reads 58.4, placing ACLS in the Neutral zone, up 12.6 over five days. Price sits 9.9% above Gekko Fair Value of $116.18.

Earnings are due 3 November 2026, 21 days out, falling inside a typical 20-trading-day holding window; the prior report produced a -4.7% reaction despite an EPS beat, and the average absolute reaction has run 6.4%. No insider, Congress or unusual options activity appears in the respective 90-day and 30-day windows. Seasonality has favored the stock from this point in the calendar, averaging +3.7% over the next 20 trading days across 5 years, rising in 3 of them. The consensus analyst target of $161 and the gap to Gekko Fair Value both bear watching heading into the report.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Axcelis Technologies price vs fair value

$127.63$116.18Oct ’25Apr ’26Oct ’26
Close $127.63200-day averageGekko Fair Value $116.18

Axcelis Technologies quick facts

Market cap
$3.92B
P/E ratio
44.8
Forward P/E
19.8
EPS, TTM
$2.98
Revenue, TTM
$866.1M
Profit margin
10.7%
Dividend yield
—
Beta
1.85
Volume
198,366 avg 340,609
1-year return
+50.8%
Typical daily move
±5%
Typical 20-day move
±9.9%
50-day average
$125.33
200-day average
$121.50
Next earnings
Nov 3
Shares outstanding
30.88M
52-week range
$73.60$193.78

Axcelis Technologies swing-trade checklist

Axcelis Technologies scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $127.63 is above the 50-day ($125.33) and 200-day ($121.50) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    58.4, Neutral

    Reading 58.4 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    9.9% above

    Price is 9.9% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 22 days

    Reports on Nov 3, 2026, 22 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +3.7% on average

    From this point in the calendar, the next 20 trading days averaged +3.7% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Axcelis Technologies stock chart and price history

Axcelis Technologies closed at $127.63 on Oct 12, 2026, +50.8% over the past year, inside a 52-week range of $73.60 to $193.78.

Close50-day average200-day averageVolume
Axcelis Technologies share price, past year, with 50-day and 200-day moving averages and volume$75$100$150$175NovDecJan 2026FebMarAprMayJunJulAugSepOct127.63

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+12.5%
3 months
−10.3%
6 months
+15.3%
1 year
+50.8%
The full ACLS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ACLS in Gekko

Follow Axcelis Technologies through every session

Put ACLS on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Axcelis Technologies

Axcelis Technologies designs, builds, and services ion implantation systems and related equipment used to manufacture semiconductor chips. Its product line spans high-energy, high-current, and medium-current implanters, covering a range of applications within chip fabrication. The company has built a presence around this specialized manufacturing equipment.

Beyond new equipment sales, Axcelis supports customers throughout the life of its machines, offering refurbished systems, spare parts, upgrades, routine maintenance, and training. These offerings are sold directly to chip manufacturers through the company's own sales staff, rather than through outside distributors. The business operates across North America, Europe, and Asia.

Axcelis Technologies was established in 1978 and is headquartered in Beverly, Massachusetts. Its shares trade on the NASDAQ under the ticker ACLS.

Listed
NASDAQ
Sector
Producer manufacturing
Industry
Industrial machinery
Website
axcelis.com

Axcelis Technologies GekkoIndex: the smart money zone

Axcelis Technologies’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 58.4, in the Neutral zone, up 12.6 points over five sessions.

010058.4Neutral

Up 12.6 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying39+0.9%+1.9%+0.6%+3.3%
Accumulation293−0.8%−1.6%−2.8%0.0%
Neutral (current zone)296+1.1%+2.2%+4.1%+8.7%
Distribution46+1.9%+3.2%+7.8%+4.4%
Selling8Too few readings yet

Average ACLS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ACLS price, zone by zone.Track ACLS in Gekko

Is Axcelis Technologies stock overvalued? Gekko Fair Value

Axcelis Technologies trades 9.9% above Gekko Fair Value of $116.18, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Axcelis Technologies shares are worth, recalculated every trading day.

$116.18

Gekko Fair Value, Oct 10, 2026

9.9% Overvalued

At the end of Aug 2026 the price was 1.1% below the estimate.

Gekko Fair ValueShare price, month end
$116$135Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ACLS in Gekko

Axcelis Technologies insider and Congress trading

No open-market insider purchases were filed for Axcelis Technologies, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ACLS in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ACLS insider filing, plotted on the chart in Gekko.Open ACLS in Gekko

Congress trades last 90 days

No trades in ACLS were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ACLS, plotted on the chart in Gekko.Open ACLS in Gekko

Buybacks

Axcelis Technologies has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$244K
As a share of market cap
0.01%

From company filings.

Hedge funds and billionaires quarter ended Dec 31

0of the funds Gekko tracks hold ACLS.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Axcelis Technologies earnings: next date and track record

Axcelis Technologies reports on Nov 3, 2026 (22 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±6.4%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−3.9%Jul ’24+1.9%Nov ’24−7.2%Feb ’25+11.5%May ’25+6.8%Aug ’25+2.1%Nov ’25−13.3%Feb ’26−4.7%May ’26

Last earnings call, May 7, 2026 AI summary

What they said
Axcelis reported Q1 2026 revenue of $199M and EPS of $0.72, slightly above expectations, including a $5M one-time customer settlement headwind. CS&I revenue grew 30%+ year-over-year. Memory system shipments reached highest level since Q4 2023. Bookings showed second consecutive quarter of year-over-year growth on trailing 12-month basis, driven by memory and silicon carbide demand, offset by softer general mature.
Guidance
Management noted encouraging silicon carbide demand signals with strong bookings and increased customer engagement. Company awaits capital spending recovery in power markets. Pending merger with Veeco is progressing; no specific revenue or EPS targets were provided in this excerpt.
ReportedEPSSurpriseRevenueSurpriseMove
May 7, 2026$0.72
est $0.71
+1.4%$199.0M
est $195.0M
+2.0%−4.7%
Feb 17, 2026$1.49
est $1.12
+33.0%$238.3M
est $215.0M
+10.8%−13.3%
Nov 4, 2025$1.21
est $1.00
+21.0%$213.6M
est $215.0M
−0.7%+2.1%
Aug 5, 2025$1.13
est $0.73
+54.8%$194.5M
est $197.6M
−1.6%+6.8%
May 6, 2025$1.04
est $0.39
+166.7%$192.6M
est $189.2M
+1.8%+11.5%
Feb 10, 2025$1.54
est $1.25
+23.2%$252.4M
est $221.6M
+13.9%−7.2%
Nov 6, 2024$1.49
est $1.43
+4.2%$256.6M
est $255.0M
+0.6%+1.9%
Jul 31, 2024$1.55
est $1.37
+13.1%$256.5M
est $250.3M
+2.5%−3.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Axcelis Technologies stock forecast and analyst price targets

Analysts’ average 12-month price target for Axcelis Technologies is $161.00, +26.1% from the last close, from 5 firms rating the stock in the last 90 days.

$161.00consensus 12-month target, +26.1% from the last close
Low $140High $198
Buy1
Hold3
Sell1

Each firm’s latest rating in the last 90 days: 5 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Aug 7B. Riley SecuritiesBuy, maintained$198+55.1%
Aug 7Craig-HallumHold, downgraded$140+9.7%
Aug 7Bank of America SecuritiesSell, maintained——
Aug 7NeedhamHold, maintained——
Aug 6William BlairHold, maintained——
+4.1%average 20-day move after past Neutral readings
+3.7%average move over the next 20 trading days in the last 5 years
±5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Axcelis Technologies seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Axcelis Technologies averaged +3.7% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+27.4%2021+16.7%2022−21.6%2023−12.3%2024+8.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−2.4%2 of 5
Next 10 trading days−3.8%2 of 5
Next 15 trading days−3.5%2 of 5
Next 20 trading days+3.7%3 of 5
Next 30 trading days+1.2%2 of 5

For scale, ACLS’s typical 20-trading-day move in either direction is about 9.9%.

Axcelis Technologies market cap and key statistics

Axcelis Technologies’s market cap is $3.92B, with a P/E ratio of 44.8 and revenue of $866.1M over the last twelve months.

Valuation

Market cap
$3.92B
P/E ratio
44.8
Forward P/E
19.8
EPS, TTM
$2.98
Gekko Fair Value
$116.18

Trading

Volume
198,366
Avg volume, 20 days
340,609
52-week high
$193.78
52-week low
$73.60
Shares outstanding
30.88M

Financials

Revenue, TTM
$866.1M
Profit margin
10.7%
Return on equity
8.9%
Quarterly earnings growth, YoY
−23.5%

Risk and income

Beta
1.85
Typical daily move
±5%
Typical 20-day move
±9.9%

Axcelis Technologies peers

Axcelis Technologies’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
AMATApplied Materials−0.7%Neutral9.5% below
LRCXLam Research−1.7%Neutral4.7% above
PHParker-Hannifin−0.1%Neutral2.7% above
TTTrane Technologies+0.5%Neutral19.6% above
JCIJohnson Controls International−1.0%Neutral14.4% above
CARRCarrier Global+0.1%Accumulation4.0% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Axcelis Technologies stock FAQ

What is Axcelis Technologies’s market cap?

Axcelis Technologies’s market cap is $3.92B at the Oct 12, 2026 close of $127.63, with 30.88M shares outstanding. The shares trade on a P/E ratio of 44.8.

What is the Axcelis Technologies stock forecast?

The consensus analyst 12-month price target for Axcelis Technologies is $161.00, +26.1% from the last close. Of the 5 firms that rated the stock in the last 90 days, 1 rate it a buy, 3 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Axcelis Technologies stock overvalued or undervalued?

On Gekko’s estimate Axcelis Technologies is overvalued: the Oct 12, 2026 close of $127.63 is 9.9% above Gekko Fair Value of $116.18. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Axcelis Technologies report earnings next?

Axcelis Technologies is expected to report on Nov 3, 2026 (22 days away). Analysts expect earnings of $1.11 per share on revenue of $230.1M. Axcelis Technologies beat the earnings estimate in 8 of its last 8 reports, moving 6.4% on average across the report.

What is Axcelis Technologies’s 52-week high and low?

Axcelis Technologies’s 52-week high is $193.78 and its 52-week low is $73.60; it closed at $127.63 on Oct 12, 2026, +50.8% over the past year. Over the last five years the shares peaked at $201.00 on Aug 1, 2023.

Is Axcelis Technologies stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (trend and seasonality), 1 as mixed (gekkoindex) and 2 as headwinds (fair value and earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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