ACLS
Axcelis Technologies, Inc.
ACLS's outlook is improving, though it still trails on the overall score.
AMD
Advanced Micro Devices, Inc.
AMD has the edge over ACLS overall, supported by stronger fundamentals and stronger valuation.
ACLS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Strong |
ACLS's revenue and balance sheet are currently healthy, and its profitability and cash flow are stable.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
ACLS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $48.20 | -55% |
| Forward | 18x | $108 | — |
| Fair | 22x | $73.95 | -32% |
| Current | 32x | $108 | — |
| Expensive | 34x | $113 | +4.9% |
Historical ranges are pointers, not guarantees.
ACLS has the edge over AMD in the historical PE scenario, which offers more potential upside but is not a forecast.
AMD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 39x | $585 | — |
| Cheap | 40x | $182 | -69% |
| Fair | 112x | $514 | -12% |
| Current | 127x | $585 | — |
| Expensive | 206x | $947 | +62% |
Historical ranges are pointers, not guarantees.
AMD's PE is in its fair range at 127x. If earnings grow as analysts expect, today's price would be 39x next year's earnings, in its cheap range.
ACLS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for ACLS, with profitability improving.
AMD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Low |
Analysts expect strong earnings and revenue growth for AMD, with profitability improving. However, they disagree widely on these estimates.
ACLS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.05 | +80% |
| Q3 2026 | $3.37 | -20% |
| Q2 2026 | $2.99 | -39% |
| Q1 2026 | $3.22 | -41% |
| Q4 2025 | $3.80 | -38% |
| Q3 2025 | $4.23 | -37% |
| Q2 2025 | $4.89 | -33% |
| Q1 2025 | $5.46 | -28% |
| Q4 2024 | $6.15 | -17% |
ACLS's earnings per share have fallen from their peak: $3.37 over the past year, against $7.57 in early 2024.
AMD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $15.05 | +227% |
| Q3 2026 | $4.60 | +127% |
| Q2 2026 | $3.89 | +122% |
| Q1 2026 | $3.05 | +123% |
| Q4 2025 | $2.65 | +165% |
| Q3 2025 | $2.03 | +81% |
| Q2 2025 | $1.75 | +111% |
| Q1 2025 | $1.37 | +99% |
| Q4 2024 | $1.00 | +89% |
AMD has the edge over ACLS on earnings, with more consistent year-over-year improvement.
ACLS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $237.8M | +11% |
| Q2 2026 | $215.2M | +11% |
| Q1 2026 | $199M | +3.3% |
| Q4 2025 | $238.3M | -5.6% |
| Q3 2025 | $213.6M | -17% |
| Q2 2025 | $194.5M | -24% |
| Q1 2025 | $192.6M | -24% |
| Q4 2024 | $252.4M | -19% |
ACLS's revenue is recovering but still below its 2023 peak: $238M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | -0.2 points |
| Q2 2026 | 9.4% | -5.5 points |
| Q1 2026 | 4% | -11 points |
| Q4 2025 | 15% | -6.4 points |
| Q3 2025 | 12% | -6.6 points |
| Q2 2025 | 15% | -5.7 points |
| Q1 2025 | 15% | -7.3 points |
| Q4 2024 | 22% | -3.9 points |
ACLS's operating margin was 12% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
AMD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $13.4B | +45% |
| Q2 2026 | $11.5B | +50% |
| Q1 2026 | $10.3B | +38% |
| Q4 2025 | $10.3B | +34% |
| Q3 2025 | $9.2B | +36% |
| Q2 2025 | $7.7B | +32% |
| Q1 2025 | $7.4B | +36% |
| Q4 2024 | $7.7B | +24% |
AMD has the edge over ACLS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +7.4 points |
| Q2 2026 | 17% | +19 points |
| Q1 2026 | 14% | +3.6 points |
| Q4 2025 | 17% | +5.7 points |
| Q3 2025 | 14% | +3.1 points |
| Q2 2025 | -1.7% | -6.4 points |
| Q1 2025 | 11% | +10 points |
| Q4 2024 | 11% | +5.8 points |
AMD has the edge over ACLS on profitability, with a higher operating margin.
ACLS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $37.7M | -13% |
| Q2 2026 | $14.8M | -61% |
| Q1 2026 | $16.3M | -53% |
| Q4 2025 | -$8.9M | -210% |
| Q3 2025 | $43.3M | +3.6% |
| Q2 2025 | $37.7M | -0.8% |
| Q1 2025 | $34.8M | -14% |
| Q4 2024 | $8.1M | -85% |
ACLS still generates free cash flow, though less than at its 2022 peak: $60M over the past year.
AMD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $554M | -71% |
| Q2 2026 | $1.6B | -9.9% |
| Q1 2026 | $2.6B | +253% |
| Q4 2025 | $2.4B | +118% |
| Q3 2025 | $1.9B | +283% |
| Q2 2025 | $1.7B | +294% |
| Q1 2025 | $727M | +92% |
| Q4 2024 | $1.1B | +351% |
AMD has the edge over ACLS on cash flow, with more consistent year-over-year improvement.
ACLS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -29K shares |
| 1 year | -1.1% | -345K shares |
| 3 years | -6.2% | -2.1M shares |
| 5 years | -8.8% | -3M shares |
| Available history | -8% | -2.7M shares |
ACLS has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | $25.2M |
| Q3 2025 | $32.3M |
| Q2 2025 | $45.3M |
| Q1 2025 | $18.2M |
| Q4 2024 | $15.1M |
| Q3 2024 | $15.4M |
| Q2 2024 | $15M |
AMD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +2M shares |
| 1 year | +1.2% | +20M shares |
| 3 years | +2% | +32M shares |
| 5 years | +35% | +431M shares |
| Available history | +40% | +473M shares |
AMD has 1.7B diluted shares, up 1.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $221M |
| Q4 2025 | — |
| Q3 2025 | $89M |
| Q2 2025 | $478M |
| Q1 2025 | $749M |
| Q4 2024 | $256M |
AMD has spent almost nothing on buybacks in the past year.
ACLS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.7x | Net Cash |
| Q2 2026 | -1.5x | Net Cash |
| Q1 2026 | -1.3x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.2x | Net Cash |
| Q2 2025 | -1.0x | Net Cash |
| Q1 2025 | -0.9x | Net Cash |
| Q4 2024 | -0.6x | Net Cash |
ACLS has more cash than debt.
AMD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2020 | -1.0x | Net Cash |
| Q1 2020 | -0.8x | Net Cash |
| Q4 2019 | -1.2x | Net Cash |
AMD has more cash than debt.
ACLS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 23.9 | Neutral |
ACLS's weekly RSI is 44 (neutral) and its Stochastic is 24 (neutral).
AMD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.3 | Neutral |
| Stochastic | 41.4 | Neutral |
AMD's weekly RSI is 59 (neutral) and its Stochastic is 41 (neutral).
ACLS PE vs Technology Sector
| Metric | ACLS | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 28x | 15% above |
| PE % | 82 | 35 | 47 pts above |
ACLS has the edge over AMD on valuation relative to its sector.
AMD PE vs Technology Sector
| Metric | AMD | Sector median | Relative |
|---|---|---|---|
| PE | 127x | 28x | 357% above |
| PE % | 61 | 35 | 26 pts above |
AMD is trading at 127x earnings, a 357% premium to the Technology sector's median of 28x.
ACLS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.0 | 6.8% below |
| 20 week MA | $123.9 | 13% below |
| 50 week MA | $117.7 | 8.2% below |
| 100 week MA | $93.6 | 15% above |
| 200 week MA | $110.6 | 2.3% below |
ACLS's trend is mixed: it's above one of its five weekly moving averages, and 2.3% below its 200-week average.
AMD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $557.2 | 5.1% above |
| 20 week MA | $525.9 | 11% above |
| 50 week MA | $389.7 | 50% above |
| 100 week MA | $266.9 | 119% above |
| 200 week MA | $199.6 | 193% above |
AMD has the edge over ACLS on trend strength, trading above more of its moving averages.
ACLS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $24.2 | $29.2 | +21% |
| 2021 | $29.2 | $68.1 | +133% |
| 2022 | $68.1 | $80.3 | +18% |
| 2023 | $80.3 | $129.7 | +62% |
| 2024 | $129.7 | $71.2 | -45% |
| 2025 | $71.2 | $82.6 | +16% |
| 2026 YTD | $82.6 | $108.1 | +31% |
ACLS's yearly returns have swung widely, from +133% in 2021 to −45% in 2024. It's up 31% so far in 2026.
AMD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $46.2 | $91.8 | +99% |
| 2021 | $91.8 | $146.1 | +59% |
| 2022 | $146.1 | $64.5 | -56% |
| 2023 | $64.5 | $147.4 | +128% |
| 2024 | $147.4 | $125.2 | -15% |
| 2025 | $125.2 | $215.0 | +72% |
| 2026 YTD | $215.0 | $585.3 | +172% |
AMD has the edge over ACLS on returns for 2026, with the stronger performance.