Axcelis Technologies (ACLS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.06
- Estimate
- $0.89
- Surprise
- +18.6%
- Revenue (period 2026-06-30)
- $215.2M
- Score at report (before → after)
- 5.6 → 5.9/10
Revenue source: xbrl.
How the report landed
Axcelis Technologies (ACLS) beat the $0.89 estimate with adjusted EPS of $1.06 — a large 18.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.6/10) to Hold at 5.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ACLS Sell at 5.9/10.
4 of the last 4 quarters beat the estimate; this quarter's +18.6% surprise compares with a +18.5% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- Concentration risk — Geographic: international sales (83.7%)
- Concentration risk — Geographic: Asia (76.0%)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $92.14
- Price target
- $127.50
- Stop
- $87.90
- Upside to target
- +38.4%
- Reward-to-risk
- 2.6:1
The stock trades at 30.9× trailing but 17.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
ACLS at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductor Equipment & Materials
- Market cap
- $2.85B
- P/E (fwd)
- 17.5
- P/E (ttm)
- 30.9
- 52-week range
- $73.60–$193.78
- Off 52-week high
- 52.5%
- RSI (14)
- 31
- Volume vs avg
- 1.24×
- Score today
- 5.9/10