ACM Research, Inc. (ACMR)
NASDAQ: ACMR · IEX Real-Time Price · USD
28.29
+0.14 (0.50%)
At close: Apr 25, 2024, 4:00 PM
28.91
+0.62 (2.19%)
Pre-market: Apr 26, 2024, 5:16 AM 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 8.06% from the current stock price of 28.29.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 6, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 6 | 6 | 6 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $35 → $38 | Strong Buy | Maintains | $35 → $38 | +34.32% | Mar 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Buy Upgrades $39 | Hold → Strong Buy | Upgrades | $39 | +37.86% | Feb 29, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $32 → $35 | Strong Buy | Maintains | $32 → $35 | +23.72% | Feb 29, 2024 |
| Needham | Needham | Strong Buy Maintains $24 → $34 | Strong Buy | Maintains | $24 → $34 | +20.18% | Feb 28, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $20 → $22 | Hold | Maintains | $20 → $22 | -21.88% | Jan 11, 2024 |
Financial Forecast
Revenue This Year
715.73M
from 557.72M
Increased by 28.33%
Revenue Next Year
884.24M
from 715.73M
Increased by 23.54%
EPS This Year
1.49
from 1.16
Increased by 28.27%
EPS Next Year
1.89
from 1.49
Increased by 26.77%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 785.1M | 1.0B | 1.1B | 1.2B | 1.4B |
| Avg | 715.7M | 884.2M | 1.0B | 1.2B | 1.4B |
| Low | 671.3M | 735.0M | 980.0M | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.8% | 43.9% | 20.9% | 21.2% | 17.5% |
| Avg | 28.3% | 23.5% | 16.4% | 17.8% | 14.1% |
| Low | 20.4% | 2.7% | 10.8% | 13.1% | 9.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.89 | 2.36 |
| Avg | 1.49 | 1.89 |
| Low | 1.16 | 1.42 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 62.9% | 58.8% |
| Avg | 28.3% | 26.8% |
| Low | 0.1% | -4.7% |
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.