ACM Research, Inc. (ACMR)

Market Cap	1.53B
Revenue (ttm)	557.72M
Net Income (ttm)	77.35M
Shares Out	61.10M
EPS (ttm)	1.16
PE Ratio	21.55
Forward PE	16.77
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,759,371
Open	27.00
Previous Close	27.41
Day's Range	24.50 - 27.32
52-Week Range	8.75 - 34.40
Beta	1.38
Analysts	Strong Buy
Price Target	30.57 (+22.28%)
Earnings Date	May 8, 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...

• Industry: Semiconductor Equipment & Materials
• Sector: Technology
• IPO Date: Nov 3, 2017
• Employees: 1,590
• Stock Exchange: NASDAQ
• Ticker Symbol: ACMR

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%.

Analyst Forecast

According to 6 analysts, the average rating for ACMR stock is "Strong Buy." The 12-month stock price forecast is $30.57, which is an increase of 22.28% from the latest price.

Price Target

$30.57

(22.28% upside)

Analyst Consensus: Strong Buy