ACLS

Axcelis Technologies stock fell 5.87% on October 16, 2026, outpacing the broader market decline of 1.09%. Despite a 10.05% gain over the past month, the semiconductor services company faces headwinds with projected EPS declining 8.26% year-over-year, though revenue is expected to grow 7.7%. The stock holds a Zacks Rank of #3 (Hold) with a Forward P/E of 27.94, above its industry average PEG ratio.

Axcelis Technologies (ACLS) declined 3.69% to $142.31, underperforming the broader market which gained 0.66%. Despite a strong 28.41% monthly gain, the semiconductor services company faces headwinds with expected EPS declining 8.26% year-over-year, though revenue is projected to grow 7.7%. The stock carries a Zacks Rank #3 (Hold) with a Forward P/E of 35.87, trading at a premium to its industry average.