ACM Research, Inc. (ACMR)
NASDAQ: ACMR · IEX Real-Time Price · USD
22.79
-0.40 (-1.72%)
At close: Jul 2, 2024, 4:00 PM
22.80
+0.01 (0.04%)
After-hours: Jul 2, 2024, 7:43 PM EDT
ACM Research Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for ACM Research stock have an average target of 30.57, with a low estimate of 23.4 and a high estimate of 39. The average target predicts an increase of 34.14% from the current stock price of 22.79.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for ACM Research stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 6 | 6 | 6 | 6 | 6 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $34 | Strong Buy | Reiterates | $34 | +49.19% | May 9, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $35 → $38 | Strong Buy | Maintains | $35 → $38 | +66.74% | Mar 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Buy Upgrades $39 | Hold → Strong Buy | Upgrades | $39 | +71.13% | Feb 29, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $32 → $35 | Strong Buy | Maintains | $32 → $35 | +53.58% | Feb 29, 2024 |
| Needham | Needham | Strong Buy Maintains $24 → $34 | Strong Buy | Maintains | $24 → $34 | +49.19% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
716.77M
from 557.72M
Increased by 28.52%
Revenue Next Year
887.00M
from 716.77M
Increased by 23.75%
EPS This Year
1.77
from 1.16
Increased by 52.78%
EPS Next Year
1.91
from 1.77
Increased by 7.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 768.1M | 1.0B | 1.1B | 1.3B | 1.5B |
| Avg | 716.8M | 887.0M | 1.0B | 1.2B | 1.4B |
| Low | 673.3M | 735.0M | 980.0M | 1.2B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.7% | 42.6% | 20.5% | 24.0% | 20.2% |
| Avg | 28.5% | 23.7% | 16.0% | 20.4% | 16.7% |
| Low | 20.7% | 2.5% | 10.5% | 15.7% | 12.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.49 | 2.75 |
| Avg | 1.77 | 1.91 |
| Low | 1.41 | 1.42 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 114.5% | 55.2% |
| Avg | 52.8% | 7.7% |
| Low | 21.7% | -19.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.