ACM Research, Inc. (ACMR)

NASDAQ: ACMR · IEX Real-Time Price · USD
19.54
-0.42 (-2.10%)
At close: Dec 29, 2023, 4:00 PM
19.50
-0.04 (-0.20%)
After-hours: Dec 29, 2023, 7:04 PM EST
-2.10%
Market Cap 1.18B
Revenue (ttm) 495.94M
Net Income (ttm) 71.46M
Shares Out 60.61M
EPS (ttm) 1.09
PE Ratio 17.93
Forward PE 19.50
Dividend n/a
Ex-Dividend Date n/a
Volume 551,689
Open 19.95
Previous Close 19.96
Day's Range 19.26 - 20.29
52-Week Range 7.38 - 21.07
Beta 1.11
Analysts Strong Buy
Price Target 22.90 (+17.2%)
Earnings Date Feb 23, 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 1,209
Stock Exchange NASDAQ
Ticker Symbol ACMR
Full Company Profile

Financial Performance

In 2022, ACM Research's revenue was $388.83 million, an increase of 49.69% compared to the previous year's $259.75 million. Earnings were $39.26 million, an increase of 3.99%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for ACMR stock is "Strong Buy." The 12-month stock price forecast is $22.9, which is an increase of 17.20% from the latest price.

Price Target
$22.9
(17.20% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 days 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...

6 weeks 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...

7 weeks 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...

7 weeks 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...

2 months ago - GlobeNewsWire

Breakout brewing in ACM Research ahead of its earnings

While the overall market appears to be breaking lower after the SPDR S&P 500 ETF Trust NYSE: SPY took out a critical level of support on Wednesday, many might focus on risk-off, deep out-of-the-money ...

2 months ago - MarketBeat

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...

2 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...

3 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

3 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...

5 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...

5 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...

6 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...

8 months 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.

8 months 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...

8 months 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...

8 months 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...

9 months 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...

9 months 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...

10 months 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...

11 months ago - GlobeNewsWire

ACM Research Reports Fourth Quarter and Fiscal Year 2022 Results

FREMONT, Calif., Feb. 24, 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...

11 months ago - GlobeNewsWire

ACM Research stock on track for biggest percentage gain since March, 2018 after setting upbeat guidance for 2023

ACM Research stock ACMR, +29.18% rallied 30% Tuesday, putting it on track for its biggest one-day percentage increase since March 6 of 2018, after the company backed revenue guidance for 2022 and set ...

1 year ago - Market Watch

ACM Research to Participate in Upcoming Virtual Investor Conferences

FREMONT, Calif., Dec. 27, 2022 (GLOBE NEWSWIRE) -- ACM Research, Inc. (Nasdaq: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) applic...

1 year ago - GlobeNewsWire

ACM Research Expands into Chemical Vapor Deposition Market to Support Logic & Memory Manufacturing

FREMONT, Calif., Dec. 12, 2022 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) ...

1 year ago - GlobeNewsWire

ACM Research Announces Participation in 11th Annual NYC Summit

FREMONT, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- ACM Research, Inc. (Nasdaq: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) applic...

1 year ago - GlobeNewsWire