ACM Research, Inc. (ACMR)

NASDAQ: ACMR · IEX Real-Time Price · USD
25.75
+0.75 (3.00%)
At close: Apr 22, 2024, 4:00 PM
25.96
+0.21 (0.82%)
After-hours: Apr 22, 2024, 7:16 PM EDT
3.00%
Market Cap 1.57B
Revenue (ttm) 557.72M
Net Income (ttm) 77.35M
Shares Out 61.06M
EPS (ttm) 1.16
PE Ratio 22.20
Forward PE 17.28
Dividend n/a
Ex-Dividend Date n/a
Volume 1,006,825
Open 25.53
Previous Close 25.00
Day's Range 25.00 - 26.15
52-Week Range 8.75 - 34.40
Beta 1.38
Analysts Strong Buy
Price Target 30.57 (+18.72%)
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... [Read more]

Sector Technology
IPO Date Nov 3, 2017
Employees 1,590
Stock Exchange NASDAQ
Ticker Symbol ACMR
Full Company Profile

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 Statements

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 18.72% from the latest price.

Price Target
$30.57
(18.72% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ACM Research to Release First Quarter 2024 Preliminary Revenue Range on April 26, 2024 and Full Financial Results on May 8, 2024

FREMONT, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ:ACMR) announced today that it will release its preliminary revenue range for the first quarter of 2024 before the...

5 days ago - GlobeNewsWire

ACM Research to Participate at the 36th Annual ROTH Conference

FREMONT, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging app...

6 weeks ago - GlobeNewsWire

ACM Research Reports Fourth Quarter and Fiscal Year 2023 Results

FREMONT, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging appl...

7 weeks ago - GlobeNewsWire

ACM Research to Release Fourth Quarter and Fiscal Year 2023 Financial Results on February 28, 2024

FREMONT, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its financial results for the fourth quarter and fiscal year 2023 befo...

2 months ago - GlobeNewsWire

ACM Research's Operating Subsidiary ACM Research (Shanghai) Announces Proposed Private Offering of Ordinary Shares

FREMONT, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging appl...

3 months ago - GlobeNewsWire

ACM Research Updates 2023 Revenue Outlook and Provides Initial Outlook for 2024 Revenue

—Updates 2023 Revenue Outlook to $530 to $545 Million— —Projected 2024 Revenue of $650 to $725 Million— —ACM to Participate at Upcoming Conference and Event— FREMONT, Calif., Jan. 09, 2024 (GLOBE NEWS...

3 months ago - GlobeNewsWire

ACM Research to Participate in Upcoming Investor Conferences

FREMONT, Calif., Dec. 27, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (Nasdaq: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applic...

4 months ago - GlobeNewsWire

ACM Research Announces Participation in 12th Annual NYC Summit 2023

FREMONT, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM” or “ACM Research”) (Nasdaq: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-le...

5 months ago - GlobeNewsWire

ACM Research Reports Third Quarter 2023 Results

FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging appl...

5 months ago - GlobeNewsWire

ACM Research Announces Receipt of Purchase Order from a Large U.S. Manufacturer

FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging appl...

5 months ago - GlobeNewsWire

ACM Research Announces Preliminary Unaudited Revenue Range for Third Quarter 2023

FREMONT, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging appl...

6 months ago - GlobeNewsWire

ACM Research to Release Third Quarter 2023 Preliminary Revenue Range on October 27, 2023 and Full Financial Results on November 7, 2023

FREMONT, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its preliminary revenue range for the third quarter of 2023 before the...

6 months ago - GlobeNewsWire

ACM Research's Operating Subsidiary ACM Research (Shanghai) Provides Backlog Data

FREMONT, Calif., Sept. 27, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging app...

7 months ago - GlobeNewsWire

ACM Research Introduces Vacuum Cleaning Platform Targeting the Rapidly Growing Chiplets Industry

Third Generation Flux Cleaning Tool Meets Emerging Cleaning Requirements for Advanced 3D Packages Third Generation Flux Cleaning Tool Meets Emerging Cleaning Requirements for Advanced 3D Packages

7 months ago - GlobeNewsWire

ACM Research Reports Second Quarter 2023 Results

FREMONT, Calif., Aug. 04, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM” or the “Company”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-lev...

9 months ago - GlobeNewsWire

ACM Research to Release Second Quarter 2023 Financial Results on August 4, 2023

FREMONT, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ:ACMR) announced today that it will release its financial results for the second quarter of 2023 before the U.S. ma...

9 months ago - GlobeNewsWire

ACM Research Announces Participation in 15th Annual CEO Investor Summit 2023

FREMONT, Calif., June 22, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (Nasdaq: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) applic...

10 months ago - GlobeNewsWire

ACM Research to Participate in the 20th Annual Craig-Hallum Institutional Investor Conference

FREMONT, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (Nasdaq: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) a...

1 year ago - GlobeNewsWire

Here are the top 10 tech stock analysts of the past decade, according to TipRanks

TipRanks' analyst ranking service ranks the top Wall Street firms of the past decade in the technology sector.

1 year ago - CNBC

ACM Research Reports First Quarter 2023 Results

FREMONT, Calif., May 05, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM” or the “Company”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-leve...

1 year ago - GlobeNewsWire

ACM Research Announces Preliminary Unaudited Revenue Range for First Quarter 2023

FREMONT, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WL...

1 year ago - GlobeNewsWire

ACM Research to Release First Quarter 2023 Preliminary Revenue Range on April 26, 2023 and Full Financial Results on May 5, 2023

FREMONT, Calif., April 20, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ:ACMR) announced today that it will release its preliminary revenue range for the first quarter of 2023 before the...

1 year ago - GlobeNewsWire

ACM Research Receives First Purchase Order for Ultra C SiC Substrate Cleaning Tool

Supports Rapidly Growing Power Semiconductor Markets Including Electric Vehicles, Power Conversion and Renewable Energy Supports Rapidly Growing Power Semiconductor Markets Including Electric Vehicles...

1 year ago - GlobeNewsWire

ACM Research to Participate at the 35th Annual Roth Conference

FREMONT, Calif., March 02, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging appli...

1 year ago - GlobeNewsWire

ACM Research Receives Purchase Order for SAPS Tool from Major European Global Semiconductor Manufacturer

FREMONT, Calif., Feb. 24, 2023 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applic...

1 year ago - GlobeNewsWire