ACM Research, Inc. (ACMR)
| Market Cap | 933.78M |
| Revenue (ttm) | 728.97M |
| Net Income (ttm) | 90.25M |
| Shares Out | 62.63M |
| EPS (ttm) | 1.33 |
| PE Ratio | 11.17 |
| Forward PE | 9.08 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,140,287 |
| Open | 14.89 |
| Previous Close | 15.21 |
| Day's Range | 14.71 - 15.18 |
| 52-Week Range | 13.87 - 34.40 |
| Beta | 1.45 |
| Analysts | Strong Buy |
| Price Target | 29.00 (+94.5%) |
| Earnings Date | Nov 7, 2024 |
About ACMR
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D... [Read more]
Financial Performance
In 2023, ACM Research's revenue was $557.72 million, an increase of 43.44% compared to the previous year's $388.83 million. Earnings were $77.35 million, an increase of 97.00%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ACMR stock is "Strong Buy." The 12-month stock price forecast is $29.0, which is an increase of 94.50% from the latest price.
News
ACM Research Comments on Updated U.S. Export Restrictions
FREMONT, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced packaging applications, to...
ACM Research Strengthens Atomic Layer Deposition Portfolio with Qualification of Thermal and Plasma-Enhanced ALD Furnace Tools
Thermal and Plasma-Enhanced ALD furnace tools qualified for high-volume 300mm semiconductor manufacturing Thermal and Plasma-Enhanced ALD furnace tools qualified for high-volume 300mm semiconductor ma...
Top 3 Tech Stocks That Are Preparing To Pump In Q4
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
ACM Research Announces Participation in 13th Annual NYC Summit 2024
FREMONT, Calif., Nov. 29, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM” or “ACM Research”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-le...
ACM Research: Significantly Undervalued With Robust Strategy
Despite a 24% stock decline recently, ACM Research is a Strong Buy with a 50% margin of safety and an expected 23% CAGR over five years, driven by robust fundamentals. ACM's 21% YoY revenue growth and...
ACM Research, Inc. (ACMR) Q3 2024 Earnings Call Transcript
ACM Research, Inc. (NASDAQ:ACMR) Q3 2024 Results Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Gary Dvorchak - Investor Relations, The Blueshirt Group David Wang - Preside...
ACM Research Reports Third Quarter 2024 Results
FREMONT, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging appl...
ACM Research Announces Major Performance Breakthrough for Ultra C Tahoe Cleaning Tool for Front-End Semiconductor Manufacturing
Enhanced cleaning performance for advanced chip manufacturing; Significant chemical savings and environmental benefits Enhanced cleaning performance for advanced chip manufacturing; Significant chemic...
ACM Research: Fear In The Semiconductor Industry Provides An Opportunity
ACM Research develops equipment for cleaning and polishing semiconductor devices, serving clients across the supply chain. Although FY2024 growth has been good, widespread fears in the sector have led...
ACM Research: A Long-Run Growth Opportunity With Undervalued Potential
ACM Research is a strong buy due to its impressive growth in the semiconductor space, particularly in China, and its diversification efforts. The company invests heavily in R&D, with 10% of turnover, ...
ACM Research to Release Third Quarter 2024 Preliminary Revenue Range on October 30, 2024 and Full Financial Results on November 7, 2024
FREMONT, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2024 before the...
ACMR Soars Over 10% as Semiconductor Stocks Surge
Shares of ACM Research (ACMR, Financial) saw a significant rise, opening more than 10% higher in U.S. markets. The stock surged 10.42%, trading at $20.87, with a trading volume of $55.35 million.
ACM Research: A Niche Semiconductor Equipment Play With Significant Room To Grow
ACM Research's proprietary technologies, SAPS and TEBO, offer superior cleaning efficiency, positioning it well in the booming semiconductor industry. Strong financial performance with a 40% YoY reven...
ACM Research Receives Orders for Wafer-Level Packaging Tools from U.S. Customer and R&D Center
FREMONT, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging app...
ACM Research Expands Fan-Out Panel-Level Packaging Portfolio with Launch of Ultra C bev-p Bevel Etching Tool
New double-sided bevel etching system enhances process efficiency and reliability in copper-related applications, supporting high-precision features on large panels
ACM Research: Maintaining Strong Buy Rating After Another Strong Quarter
ACMR reported strong Q2 2024 results, with revenue up 40% year-over-year and increased revenue guidance for fiscal year 2024. ACMR's focus on new cleaning products and ECP furnace revenue growth posit...
ACM Research: A Promising Semiconductor Growth Opportunity Outpacing Risks
ACM Research's stock dropped nearly 40%, but it beat Q2 estimates and raised its fiscal year guidance, showing strong potential for growth. The wafer cleaning equipment market is expected to grow sign...
ACM Research, Inc. (ACMR) Q2 2024 Earnings Call Transcript
ACM Research, Inc. (ACMR) Q2 2024 Earnings Call Transcript
ACM Research Strengthens its Fan-Out Panel Level Packaging Portfolio with Launch of Ultra ECP ap-p Tool
System delivers exceptional uniformity, enabling performance and cost efficiencies for next generation chip packaging System delivers exceptional uniformity, enabling performance and cost efficiencies...
ACM Research Reports Second Quarter 2024 Results
FREMONT, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging appl...
ACM Research Appoints Howard Chen as General Counsel and Vice President of Corporate Strategy
FREMONT, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging appl...
ACM Research Enters Fan-out Panel Level Packaging Market with Introduction of Ultra C vac-p Flux Cleaning Tool for Chiplets
Utilizes vacuum technology and IPA drying to enhance cleaning efficiency enabling cost-effective semiconductor advanced packaging Utilizes vacuum technology and IPA drying to enhance cleaning efficien...
Buy ACM Research To Benefit From China's Ambition Of Semiconductor Self-Sufficiency
ACM Research is a niche WFE manufacturer focused on the Chinese market, with a strong position in single wafer and batch wet cleaning equipment. Founder David Wang's background and expertise in semico...
ACM Research to Release Second Quarter 2024 Financial Results on August 7, 2024
FREMONT, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ:ACMR) announced today that it will release its financial results for the second quarter of 2024 before the U.S. ma...
ACM Research: Outsized Growth Potential In An Undervalued Small-Cap
ACM Research is undervalued with high growth potential, driven by exposure to AI-driven semiconductor cleaning operations, trading at low valuation multiples compared to peers. Key technologies like S...