Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
ACMR 
Acm Research Inc (ACMR)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/23/2025: ACMR (3-star) is a SELL. SELL since 3 days. Simulated Profits (15.31%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $42.04
1 Year Target Price $42.04
| 4 | Strong Buy |
| 4 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0.18% | Avg. Invested days 33 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/23/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.58B USD | Price to earnings Ratio 24.25 | 1Y Target Price 42.04 |
Price to earnings Ratio 24.25 | 1Y Target Price 42.04 | ||
Volume (30-day avg) 9 | Beta 1.42 | 52 Weeks Range 13.87 - 45.12 | Updated Date 10/24/2025 |
52 Weeks Range 13.87 - 45.12 | Updated Date 10/24/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.66 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 13.76% | Operating Margin (TTM) 14.72% |
Management Effectiveness
Return on Assets (TTM) 4.91% | Return on Equity (TTM) 12.68% |
Valuation
Trailing PE 24.25 | Forward PE 21.46 | Enterprise Value 2573470403 | Price to Sales(TTM) 3.17 |
Enterprise Value 2573470403 | Price to Sales(TTM) 3.17 | ||
Enterprise Value to Revenue 3.16 | Enterprise Value to EBITDA 14.15 | Shares Outstanding 59159154 | Shares Floating 52418520 |
Shares Outstanding 59159154 | Shares Floating 52418520 | ||
Percent Insiders 15.26 | Percent Institutions 70.44 |
Upturn AI SWOT
Acm Research Inc
Company Overview
History and Background
ACM Research, Inc. develops, manufactures, and sells single-wafer wet cleaning equipment used by semiconductor manufacturers, primarily in Asia. Founded in 1998, it initially focused on advanced packaging and has expanded into front-end wafer processing.
Core Business Areas
- Wet Cleaning Equipment: Develops and sells equipment for wet cleaning processes in semiconductor manufacturing, crucial for removing contaminants from wafers. This is ACM's core business.
- Electroplating Equipment: Offers electroplating equipment used in advanced packaging processes, depositing thin metal layers on wafers.
- Other Equipment: Includes other specialized equipment like stress-free polishing (SFP) and coating systems.
Leadership and Structure
David Wang is the CEO. The company has a board of directors and operates with functional departments such as R&D, Sales, and Manufacturing.
Top Products and Market Share
Key Offerings
- SAPS/TEBO Cleaning Systems: Single-wafer cleaning tools using Space Alternated Phase Shift (SAPS) and Timed Etch Back Oscillation (TEBO) technologies. Market share data is difficult to pinpoint precisely, but ACM is a significant player in the China market. Competitors include Lam Research and Tokyo Electron.
- Ultra ECP Systems: Electroplating equipment for advanced packaging. Again, specific market share is hard to determine, but it serves a growing segment. Competitors include Applied Materials.
Market Dynamics
Industry Overview
The semiconductor equipment industry is highly cyclical and driven by demand for semiconductors used in various electronic devices. Growth is fueled by advancements in technology and increasing chip complexity.
Positioning
ACM Research is positioned as a key supplier in the wet cleaning segment, particularly gaining traction in the Chinese market due to its localized manufacturing and support. Their competitive advantage lies in cost-effectiveness and responsiveness to local customer needs.
Total Addressable Market (TAM)
The total wet cleaning market for semiconductor equipment is estimated to be billions of USD annually. ACM Research is positioned to capture a significant share, particularly in China, with expansion plans into other geographies.
Upturn SWOT Analysis
Strengths
- Strong presence in the China market
- Cost-competitive solutions
- Localized manufacturing and support
- Innovative wet cleaning technology (SAPS/TEBO)
Weaknesses
- Geographic concentration (reliance on China)
- Smaller scale compared to industry giants (Lam Research, Applied Materials)
- Potential impact from US-China trade tensions
- Limited product diversification
Opportunities
- Expanding into other geographic markets (e.g., Southeast Asia)
- Developing new wet cleaning solutions for advanced process nodes
- Increasing demand from Chinese semiconductor manufacturers
- Strategic partnerships with other equipment suppliers
Threats
- Increased competition from established players (Lam Research, Applied Materials)
- Geopolitical risks and trade restrictions
- Cyclical nature of the semiconductor industry
- Technological disruptions in wet cleaning processes
Competitors and Market Share
Key Competitors
- Lam Research (LRCX)
- Applied Materials (AMAT)
- Tokyo Electron (TOELY)
Competitive Landscape
ACM Research competes with larger, more established players like Lam Research and Applied Materials. Its advantages lie in its cost-effectiveness and localized support in the Chinese market, while its disadvantages include its smaller scale and geographic concentration.
Growth Trajectory and Initiatives
Historical Growth: ACM Research has experienced significant growth in recent years, driven by the expansion of the Chinese semiconductor industry. Growth rates have been highly variable.
Future Projections: Future growth is projected to continue, but at a potentially slower pace due to increased competition and geopolitical uncertainties. Analyst estimates vary.
Recent Initiatives: Recent initiatives include expanding manufacturing capacity in China and developing new wet cleaning technologies for advanced process nodes.
Summary
ACM Research is a growing company specializing in wet cleaning equipment for the semiconductor industry, particularly in China. It faces strong competition from larger players but has a competitive edge in cost and localization. Geopolitical tensions and the cyclical nature of the industry pose potential risks, but expanding into new markets and developing advanced technologies present growth opportunities. Acm's management team and business strategy is well positioned to capture market share and value.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ACM Research Inc. Investor Relations
- SEC Filings
- Industry Reports (e.g., Gartner, VLSI Research)
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market data and analyst estimates are subject to change and may not be accurate. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Acm Research Inc
Exchange NASDAQ | Headquaters Fremont, CA, United States | ||
IPO Launch date 2017-11-03 | Founder, Chairman, CEO & President Dr. Hui Wang Ph.D. | ||
Sector Technology | Industry Semiconductor Equipment & Materials | Full time employees 2023 | Website https://www.acmr.com |
Full time employees 2023 | Website https://www.acmr.com | ||
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment worldwide. 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; Ultra C SAPS II and Ultra C SAPS V which are a single-wafer, serial-processing tool used to remove random defects from wafer surfaces or interconnects and barrier metals as part of the chip front-end fabrication process or for recycling test wafers; and Ultra C TEBO II and Ultra C TEBO V, a single-wafer, serial-processing tool used at numerous manufacturing processing steps for cleaning of chips at process nodes of 28nm or less. In addition, it offers Ultra-C Tahoe wafer cleaning tool that delivers high cleaning performance using significantly less sulfuric acid and hydrogen peroxide than is typically consumed by conventional high-temperature single-wafer cleaning tools; and advanced packaging tools, such as coaters, developers, photoresist strippers, scrubbers, wet etchers, and copper-plating tools. Further, the company provides e Ultra fn Furnace, a dry processing tool; Ultra Pmax" PECVD tool, for film uniformity; Ultra Track tool, a 300mm process tool that delivers air downflow, robot handling, and customizable software to address specific customer requirements; and a suite of semi-critical cleaning systems which include single wafer back side cleaning, scrubber, and auto bench cleaning tools. 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.