ACM Research (ACMR) Stock Overview
Develops, manufactures, and sells capital equipment in Mainland China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for ACMR from our risk checks.
ACMR Community Fair Values
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Analyst Price Targets
ACM Research, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$64.67 |
| 52 Week High | US$71.65 |
| 52 Week Low | US$21.87 |
| Beta | 1.82 |
| 1 Month Change | 34.53% |
| 3 Month Change | 2.78% |
| 1 Year Change | 162.67% |
| 3 Year Change | 567.39% |
| 5 Year Change | 201.49% |
| Change since IPO | 3,106.78% |
Recent News & Updates
ACM Research: A Good Business At A Fair Price
Summary ACM Research (ACMR) remains a Hold as margin recovery and working capital management are not yet convincing enough to warrant a bullish stance. Q1 revenue rose 34% to $231.3M, with non-GAAP gross margin rebounding to 46.5%, but inventory build and product mix shifts raise caution. Customer concentration and China exposure remain key risks, with 52.2% of 2025 revenue from customers contributing at least 10% each. I need to see sustained mid-40s gross margins and improved working capital for two or more quarters before considering an upgrade. Read the full article on Seeking AlphaACMR: Backlog Visibility And China Memory Demand Will Support 2026 Outlook
Analysts have raised ACM Research's price target to $70 from $40 and to $68 from $58, citing strong backlog visibility, sustained demand in China and new customer growth in additional regions as key factors supporting the higher valuations. Analyst Commentary Recent research on ACM Research clusters around higher price targets, with analysts focusing on the company’s order backlog, demand trends in China and contributions from newer regions as key pieces of the valuation story.ACM Research Could Reach $61–$91 Over the Next Five Years
ACM Research (ACMR) has a credible path to $61–$91 over the next five years because it is a specialized supplier of advanced wet‑clean and electroplating equipment used in semiconductor manufacturing, particularly in China and expanding nodes. Its tools support critical cleaning and plating steps needed for increasingly complex chips, which gives it structural exposure to long‑term fabrication‑capex growth.Recent updates
Shareholder Returns
| ACMR | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | 26.2% | 13.1% | 2.6% |
| 1Y | 162.7% | 117.4% | 26.2% |
Return vs Industry: ACMR exceeded the US Semiconductor industry which returned 117.4% over the past year.
Return vs Market: ACMR exceeded the US Market which returned 26.2% over the past year.
Price Volatility
| ACMR volatility | |
|---|---|
| ACMR Average Weekly Movement | 10.8% |
| Semiconductor Industry Average Movement | 10.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ACMR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ACMR's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 2,513 | David Wang | www.acmr.com |
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment in Mainland China and internationally. It also develops, manufactures, and sells a range of packaging tools to wafer assembly and packaging customers. The company provides wet cleaning equipment for front end production processes; electrochemical plating, furnace, PECVD, and track platforms; Space Alternated Phase Shift, technology for flat and wafer surfaces; timely energized bubble oscillation, technology for patterned wafer surfaces at advanced process nodes; and Tahoe technology; and semi-critical cleaning tools.
ACM Research, Inc. Fundamentals Summary
| ACMR fundamental statistics | |
|---|---|
| Market cap | US$3.96b |
| Earnings (TTM) | US$91.01m |
| Revenue (TTM) | US$960.23m |
Is ACMR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ACMR income statement (TTM) | |
|---|---|
| Revenue | US$960.23m |
| Cost of Revenue | US$535.47m |
| Gross Profit | US$424.76m |
| Other Expenses | US$333.75m |
| Earnings | US$91.01m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.37 |
| Gross Margin | 44.23% |
| Net Profit Margin | 9.48% |
| Debt/Equity Ratio | 15.7% |
How did ACMR perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/11 08:27 |
| End of Day Share Price | 2026/05/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ACM Research, Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christian Schwab | Craig-Hallum Capital Group LLC |
| Allen Chang | Goldman Sachs |
| Chi Tsai | Jefferies LLC |