Stocks · Technology · Semiconductors
Axcelis Technologies, Inc. ACLS
$147.77 +8.09% Close, Oct 2, 2026 · NASDAQ · Market cap $4.54B
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +18.2%).
- The shares trade at 49.6× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Operating margin narrowed to 10.3% from 17.8% a year earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 12%
- EPS growth (TTM, YoY)Bottom 21%
- FCF growth (TTM, YoY)Bottom 12%
- Revenue growth, 3-year CAGRBottom 21%
- Revenue growth accelerationTop 12%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 41%
- Gross marginBottom 40%
- Operating marginTop 36%
- Cash conversion (OCF / net income)Bottom 14%
- Accruals (lower is better)Bottom 12%
- Net debt / EBITDA (lower is better)Top 29%
- Interest coverTop 20%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 40%
- Free-cash-flow yieldBottom 38%
- EBITDA / enterprise valueBottom 49%
- Sales / enterprise valueBottom 42%
- P/E vs own 5-year history (lower is better)Bottom 10%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 41%
- 6-month returnTop 25%
- 1-year return vs S&P 500Top 25%
- Distance from 52-week highTop 39%
- Trend checklist (0–4)Top 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 30%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 30%
- Upside to consensus price targetBottom 12%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 46%
- Maximum drawdown, 3 yearsBottom 25%
- Beta vs S&P 500 (lower is better)Bottom 46%
- Net debt / EBITDA (lower is better)Top 29%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -11.8% | -3.3% | ↑ |
| EPS growth (YoY) | -41.2% | -39.1% | ↑ |
| Gross margin | 44.9% | 43.0% | ↓ |
| Operating margin | 17.8% | 10.3% | ↓ |
| FCF margin | 13.7% | 7.6% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -3.3% | -11.8% | ↑ | Bottom 12% |
| EPS growth (TTM, YoY) | -39.1% | -41.2% | ↑ | Bottom 21% |
| Gross margin | 43.0% | 44.9% | ↓ | Bottom 40% |
| Operating margin | 10.3% | 17.8% | ↓ | Top 36% |
| Net margin | 10.7% | 17.7% | ↓ | — |
| Free-cash-flow margin | 7.6% | 13.7% | ↓ | — |
| Return on invested capital | 6.6% | — | Top 41% | |
| Revenue growth, 3-year CAGR | -3.0% | — | Bottom 21% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.81×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 1.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +14.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.89×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 17.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 1.25%
- Shareholder yield
- 1.25%
- Share count change, 1 year
- -3.0%
- Share count change, 3-year CAGR
- -2.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +18.2%
- Average 2-day reaction, last 8
- +2.2%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $140.00
- Target vs current price
- -5.3%
- Analysts with a rating
- 13
- Share rating Buy or Strong Buy
- 77%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +18.6% | -0.0% | +4.0% | -19.0% | — |
| May 7, 2026 | +1.4% | -7.2% | -5.2% | -5.3% | -23.3% |
| Feb 17, 2026 | +33.0% | +4.2% | -16.7% | -10.6% | +71.0% |
| Nov 4, 2025 | +19.8% | -2.7% | +5.7% | -0.4% | +6.4% |
| Aug 5, 2025 | +54.8% | +10.1% | +10.0% | +12.3% | +16.1% |
| May 6, 2025 | +166.7% | +5.0% | +19.3% | +13.8% | +29.9% |
| Feb 10, 2025 | +23.2% | +5.8% | -4.4% | -6.1% | -14.4% |
| Nov 6, 2024 | +4.2% | +2.9% | -3.2% | -10.8% | -22.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $1.06 | $0.89 | +18.6% | $215.2M |
| May 7, 2026 | $0.72 | $0.71 | +1.4% | $199.0M |
| Feb 17, 2026 | $1.49 | $1.12 | +33.0% | $238.3M |
| Nov 4, 2025 | $1.21 | $1.01 | +19.8% | $213.6M |
| Aug 5, 2025 | $1.13 | $0.73 | +54.8% | $194.5M |
| May 6, 2025 | $1.04 | $0.39 | +166.7% | $192.6M |
| Feb 10, 2025 | $1.54 | $1.25 | +23.2% | $252.4M |
| Nov 6, 2024 | $1.49 | $1.43 | +4.2% | $256.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 49.6× | 18.3× | 95th | Top 40% |
| P/E (forward) | 36.0× | — | — | — |
| EV / EBITDA | 34.7× | — | — | Bottom 49% |
| EV / Sales | 5.11× | — | — | Bottom 42% |
| Free-cash-flow yield | 1.44% | — | — | Bottom 38% |
| Earnings yield | 2.02% | — | — | Top 40% |
P/E over the past five years
Range 8.9× – 50.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +55.9%
- Earnings per share growth (TTM)
- -39.1%
- Change in P/E multiple
- +187.5%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 4
- Days above the 200-day average
- 6
- 50-day average slope (20 days)
- -9.3%
- 200-day average slope (20 days)
- +2.9%
- Distance from 50-day average
- +19.2%
- Distance from 200-day average
- +23.2%
- RSI (14)
- 73.6
- Relative volume
- 1.28×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 65.4%
- Volatility vs own 5-year history
- 71th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.46
- Correlation with S&P 500
- 0.39
- Current drawdown from 1-year high
- -22.9%
- Maximum drawdown, 3 years
- -74.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jul 31, 2023 | Apr 4, 2025 | -78.8% | 422 days | Not yet recovered |
| Mar 24, 2022 | Jul 1, 2022 | -41.9% | 68 days | 113 days (Dec 12, 2022) |
| Apr 5, 2021 | Jul 19, 2021 | -30.9% | 73 days | 29 days (Aug 27, 2021) |
| Jan 3, 2022 | Jan 27, 2022 | -25.4% | 17 days | 35 days (Mar 18, 2022) |
| Mar 17, 2021 | Mar 23, 2021 | -15.5% | 4 days | 7 days (Apr 1, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $4.54B
- P/E (TTM)
- 49.6
- EPS, diluted (TTM)
- $2.98
- Revenue (TTM)
- $866.1M
- 52-week range
- $73.60 – $193.78
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $662.4M | $920.0M | $1.13B | $1.02B | $839.0M |
| Gross profit | $286.4M | $401.8M | $491.3M | $454.7M | $376.8M |
| Operating income | $127.3M | $212.4M | $265.8M | $210.8M | $119.3M |
| Net income | $98.7M | $183.1M | $246.3M | $201.0M | $120.2M |
| EPS (diluted) | $2.88 | $5.46 | $7.43 | $6.15 | $3.80 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $256.6M | $252.4M | $192.6M | $194.5M | $213.6M | $238.3M | $199.0M | $215.2M |
| Net income | $48.6M | $50.0M | $28.6M | $31.4M | $26.0M | $34.3M | $9.2M | $23.3M |
| EPS (diluted) | $1.49 | $1.54 | $0.88 | $0.98 | $0.83 | $1.10 | $0.30 | $0.75 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $150.2M | $215.6M | $156.9M | $140.8M | $118.3M |
| Capital expenditure | -$8.7M | -$10.7M | -$20.7M | -$12.2M | -$11.3M |
| Free cash flow | $141.5M | $204.9M | $136.2M | $128.6M | $107.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$50.0M | -$57.5M | -$52.5M | -$60.5M | -$118.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $402.2M
- Total assets
- $1.39B
- Total liabilities
- $321.0M
- Total debt
- $41.6M
- Net debt
- -$113.4M
- Shareholders’ equity
- $1.07B
As of Jun 30, 2026 (filed Aug 6, 2026).
Short interest
- Shares sold short
- 1,434,982
- Days to cover
- 4.48
- Change vs previous report
- -11.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 1, 2016
- 1-for-4