The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 24 | 41.3x | 20.8x | Bottom tier | |
Growth | 10 | -11.8% | 6.1% | Bottom tier | |
Quality | 57 | 9.2% | 6.6% | Around median | |
Safety | 92 | — | 0.7x | Top tier | |
Capital Return | 65 | — | 2.02% | Around median | |
Momentum | 83 | 108.1% | 4.1% | Top tier | |
Sentiment | 32 | 4 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Axcelis Technologies, Inc. (ACLS) operates in semiconductor manufacturing equipment, with its offering concentrated in ion implantation systems and the related aftermarket services. The revenue model in the first quarter of fiscal 2026 was split between systems revenue of about $126 million and CS&I revenue of $73 million, meaning that services, consumables, and upgrades represented a significant portion of sales alongside system shipments. The demand described by management was tied to mature-node applications, power, silicon carbide, and memory, with named products such as Purion H6 and Purion high-current system.
In the first quarter of 2026, the company reported revenue of $199.0 million according to the financial statements, gross profit of $80.6 million, net income of $9.2 million, and EDGAR EPS of $0.30. On the earnings call, management said revenue was $199 million and non-GAAP diluted EPS was $0.72, with a gross margin of 40.7%, an operating margin of 11.7%, and an adjusted EBITDA margin of 13.9%. The quarter’s results were affected by a one-time customer settlement that reduced systems revenue by $5 million, gross margin by about 70 basis points, and EPS by about $0.09.
In terms of geographic and application mix, China’s share of revenue rose to 40% in the first quarter of 2026 compared with 32% in the prior quarter, while Korea ranked second at 28% thanks to higher memory sales, and Europe represented 16%, the United States 12%, and Taiwan and Japan 1% each. Management said mature-node applications accounted for the majority of system shipments, especially in power and general mature nodes, while the company generated no systems revenue from advanced logic in the first quarter, but shipped an early system in the second quarter for a material modification application in 2-nanometer production.
According to the available data, ACLS has an analyst consensus at buy with an average price target of $128, a high target of $174, and a low target of $100, while the live price and the difference from this target are displayed automatically outside the text to avoid fixing a fast-changing number. The data do not show a published P/E multiple, but comparing the market capitalization of $4.5 billion with trailing-12-month net income of $95.2 million points to a relatively high valuation on trailing earnings. Therefore, the valuation justification depends heavily on the realization of a recovery scenario in memory and silicon carbide and a return to growth in 2027, not on first-quarter earnings momentum alone.
Figures in the text are as of 2026-07-02; the live price is shown at the top of the page.
Axcelis Technologies sells ion implantation systems and services, consumables, and upgrades related to semiconductor manufacturing equipment. In the first quarter of 2026, it generated $126 million from systems revenue and $73 million from CS&I, showing that its model does not rely only on selling new equipment. The products and applications mentioned by management include Purion H6, Purion high-current system, high energy implant applications, and material modification. Demand comes from markets such as memory, silicon carbide, power, and general mature nodes.
First-quarter revenue was $199.0 million according to EDGAR, with gross profit of $80.6 million, net income of $9.2 million, and EPS of $0.30. On the call, the company presented non-GAAP diluted EPS of $0.72, a gross margin of 40.7%, and an operating margin of 11.7%. The results included a one-time customer settlement that negatively affected systems revenue by $5 million and EPS by about $0.09. The company also reported free cash flow of $16 million despite $12 million of cash expenses related to the Veeco merger.
Management said memory revenue and bookings rose clearly in the first quarter of 2026 due to demand for DRAM and high-bandwidth memory linked to artificial intelligence. System shipments to the memory market reached their highest level since the fourth quarter of 2023, and Korea represented 28% of quarterly revenue thanks to higher memory sales. The company expects strong memory growth during 2026 with momentum into 2027, although it warned that shipments may be lumpy from quarter to quarter. Management also clarified that 2026 expectations do not include a significant contribution from NAND, and that the current increase depends mainly on DRAM.
Automated analysis for informational purposes only — not investment advice.
silicon carbide is important because the company’s customers are discussing capacity plans and technology roadmaps that include super junction, high energy implant, and the transition to 200 millimeters. Management said silicon carbide shipments moderated sequentially in the first quarter, but it saw encouraging demand signals, strong bookings, and greater customer engagement. In electric vehicles, management linked the opportunity to increasing use of silicon carbide in the traction inverter, DC-to-DC step-down, onboard charging, and the air-conditioning system compressor. The company also discussed an emerging opportunity in AI data centers, especially as electrical architecture moves toward 800 volts and silicon carbide is used to step down from a grid at 13 kilovolts or more toward the racks.
For the second quarter of 2026, Axcelis expects revenue of approximately $205 million, a gross margin of about 43%, adjusted EBITDA of about $34 million, and diluted EPS of about $0.90. Management said the second quarter will include a higher general mature mix and a lower memory and silicon carbide mix compared with the first quarter. For full-year 2026, the company still expects revenue to be roughly flat versus 2025, with gross margins in the low- to mid-40s range and operating expenses of about $60 million per quarter for the rest of the year. It also expects revenue to be more second-half weighted thanks to improving silicon carbide and continued memory strength.
Axcelis said on the 2026-05-07 call that it still expects the pending merger with Veeco to close in the second half of 2026. The only remaining approval mentioned by management is approval from the State Administration for Market Regulation in China, and it said it is working with it to obtain regulatory approval. The company did not answer detailed questions about the transaction because it is pending, but it indicated that Veeco has MOCVD and thin film capabilities relevant to optical components. In the data center discussion, Russell Low explained that Axcelis participates in some implant applications linked to the modulation unit in silicon photonics, while other parts of the opportunity are tied to Veeco’s product line after the merger.