Inside the research

ACM Research, Inc.

ACMR Research profile · latest available data

Price overview

$77.30

▲ +1.12 (+1.5%)

52w hi$126.89
52w lo$29.67
Vol611.20K
As of25 Sep 2026

The Verdict

Hold

Our score +0.17

Short-0.52
Medium+0.52
Long+0.86

computed 2026-09-27

Key fundamentals

ACM Research, Inc.

Technology · Semiconductor Equipment & Materials

Market cap$5.38B
Enterprise value$4.84B
Trailing P/E36.46x
Forward P/E26.72x
EV / EBITDA30.32x
P / S (ttm)5.19x
Profit margin14.5%
Return on equity11.6%
Revenue growth+36.0%
Earnings growth+180.6%
Debt / equity14.52

Layer Breakdown

LayerRawContribution
Fundamental+0.34
Sector+0.24
Technical-0.23
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment in Mainland China and internationally. It also develops, manufactures, and sells a range of packaging tools to wafer assembly and packaging customers. The company provides wet cleaning equipment for front end production processes; electrochemical plating, furnace, PECVD, and track platforms; Space Alternated Phase Shift, technology for flat and wafer surfaces; timely energized bubble oscillation, technology for patterned wafer surfaces at advanced process nodes; and Tahoe technology; and semi-critical cleaning tools. It also offers advanced packaging equipment, such as coaters, developers, photoresist strippers, scrubbers, wet etchers and copper-plating equipment; and advanced packaging products include: Ultra ECP ap, which delivers a uniform metal layer to finished wafers prior to packaging; Ultra C Developer, which applies liquid developer to selected parts of photoresist to resolve an image; Ultra C PR Megasonic-Assisted Stripper, which removes photoresist; Ultra C Scrubber, which scrubs and cleans wafers; Ultra C Thin Wafer Scrubber, which addresses a sub-market of cleaning very thin wafers for certain Asian assembly factories; and Ultra C Wet Etcher, which etches silicon wafers and copper and titanium interconnects. In addition, the company provides ECP technology for advanced metal plating; Ultra fn Furnace, a dry processing tool; Ultra Pmax PECVD tools, a proprietary designed chamber, gas distribution unit, and chuck; and Ultra Track, a 300mm process tool that delivers uniform air downflow, fast robot handling and configurable software to address specific customer requirements. It markets and sells its products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.

United States · www.acmr.com

Risk Metrics

Beta vs SPX2.29
Corr SPX0.45
Annual vol81.3%
Annual ret+108.4%
Sharpe1.33
Max DD-49.6%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$73.40
High / Low$83.80 / $66.00
Median$70.00
Analysts7
Strong Buy2
Buy5
Hold1
Sell0
Strong Sell0

Recent rating actions

2026-05-05Seaport Global→ Buy
2025-09-30Roth Capital→ Buy
2025-02-28JP Morgan→ Overweight
2025-02-27Needham→ Hold
2024-12-05Craig-Hallum→ Hold
2024-12-04Needham→ Hold

Material Events

DateEvent8-K
2026-08-07Earnings Release, Exhibitsread
2026-06-22Other Material Event, Exhibitsread
2026-06-12Shareholder Voteread
2026-05-29Other Material Event, Exhibitsread
2026-05-22Other Material Event, Exhibitsread
2026-05-15Other Material Eventread
2026-05-12Material Agreement, Exhibitsread
2026-05-07Earnings Release, Exhibitsread
2026-04-27Earnings Release, Exhibitsread
2026-04-17Other Material Event, Exhibitsread
2026-03-24Other Material Event, Exhibitsread
2026-03-19Other Material Event, Exhibitsread

SEC Filings

DateFormDoc
2026-08-078-Kview
2026-08-0710-Qview
2026-07-064view
2026-06-228-Kview
2026-06-128-Kview
2026-06-054view
2026-06-054view
2026-05-298-Kview
2026-05-228-Kview
2026-05-214view
2026-05-158-Kview
2026-05-12424B5view
2026-05-128-Kview
2026-05-0810-Qview
2026-05-078-Kview

The Long Run

FY 2017–2025 · 9 years

LineLatestCAGRTrend
Revenue$557.72M+45.8%
Gross profit$276.21M+46.1%
Operating income$95.84M+85.0%
Net income$103.63M+77.9%
Cash from ops-$10.32M+0.0%

Indices

S&P SmallCap 600

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$77.97$78.46$76.08$77.30611.20K
Sep 24$78.10$78.62$74.14$76.181.58M
Sep 23$74.65$82.78$72.40$80.672.82M
Sep 22$72.00$76.07$71.72$75.801.25M
Sep 21$71.46$73.40$70.61$72.771.56M

Understand the score. Research layers are inputs to a model, and the available data has limits.

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