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ACMR logo ACMR
Upturn stock ratingUpturn stock rating
ACMR logo

Acm Research Inc (ACMR)

Upturn stock ratingUpturn stock rating
$30.94
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/16/2025: ACMR (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $35.36

1 Year Target Price $35.36

Analysts Price Target For last 52 week
$35.36 Target price
52w Low $13.87
Current$30.94
52w High $32.54

Analysis of Past Performance

Type Stock
Historic Profit -13.12%
Avg. Invested days 35
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/16/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.91B USD
Price to earnings Ratio 17.97
1Y Target Price 35.36
Price to earnings Ratio 17.97
1Y Target Price 35.36
Volume (30-day avg) 9
Beta 1.43
52 Weeks Range 13.87 - 32.54
Updated Date 09/16/2025
52 Weeks Range 13.87 - 32.54
Updated Date 09/16/2025
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 17.97
Forward PE 14.79
Enterprise Value 1709594614
Price to Sales(TTM) 2.35
Enterprise Value 1709594614
Price to Sales(TTM) 2.35
Enterprise Value to Revenue 2.1
Enterprise Value to EBITDA 9.4
Shares Outstanding 59159200
Shares Floating 52548807
Shares Outstanding 59159200
Shares Floating 52548807
Percent Insiders 15.04
Percent Institutions 70.31

ai summary icon Upturn AI SWOT

Acm Research Inc

stock logo

Company Overview

overview logo History and Background

ACM Research, Inc. (ACMR) was founded in 1998. It is a supplier of wafer cleaning and other equipment used by semiconductor manufacturers. The company has expanded its product portfolio and global reach over time, focusing on addressing challenges in advanced integrated circuit manufacturing.

business area logo Core Business Areas

  • Wafer Cleaning Equipment: ACM Research develops, manufactures, and sells wafer cleaning equipment used in various stages of semiconductor manufacturing, including front-end and back-end processes.
  • Advanced Packaging Equipment: The company provides equipment for advanced packaging processes, which are crucial for creating smaller, faster, and more efficient semiconductor devices.
  • Other Equipment: ACM Research also offers equipment used in other semiconductor manufacturing processes, such as electroplating and stress-free polishing. The goal is to broaden the product line to enhance it and allow for more market share.

leadership logo Leadership and Structure

The company has a board of directors and an executive management team. David Wang serves as the CEO. The organizational structure includes departments focused on sales, marketing, engineering, manufacturing, and finance.

Top Products and Market Share

overview logo Key Offerings

  • SAPPHIRE Cleaning System: High performance cleaning system for advanced processes, including 3D NAND, DRAM, and logic devices. It can perform wet cleaning steps at a lower cost with better performance. Market share data is not readily available but significant revenue is generated from this line. Key competitors include Lam Research and Tokyo Electron.
  • Ultra ECP System: Electrochemical plating system for advanced packaging applications, mainly for copper pillar plating. Competitors include Applied Materials and SCREEN Semiconductor Solutions. Market share data is not readily available; revenue is significant.

Market Dynamics

industry overview logo Industry Overview

The semiconductor equipment industry is characterized by high technological complexity, intense competition, and cyclical demand. Growth is driven by advancements in semiconductor technology and increasing demand for electronic devices.

Positioning

ACM Research is positioned as a growing player in the semiconductor equipment industry, focusing on specialized wafer cleaning and advanced packaging solutions. It aims to compete by offering cost-effective and innovative solutions.

Total Addressable Market (TAM)

The semiconductor equipment market is valued in the tens of billions of dollars annually. ACM Research is positioned to capture a growing share of this TAM by focusing on specialized segments and expanding its customer base.

Upturn SWOT Analysis

Strengths

  • Specialized Technology
  • Growing Market Share
  • Strong Customer Relationships in China
  • Competitive Pricing

Weaknesses

  • Smaller Scale Compared to Major Competitors
  • Geographic Concentration (reliance on China)
  • Dependence on a Few Key Customers
  • Volatility in financial performance

Opportunities

  • Expanding into New Geographic Markets
  • Developing New Products for Emerging Applications
  • Capitalizing on Growth in Advanced Packaging
  • Increased Government Support in China

Threats

  • Intense Competition
  • Technological Disruptions
  • Economic Downturns
  • Trade Restrictions and Geopolitical Risks

Competitors and Market Share

competitor logo Key Competitors

  • LAM
  • AMAT
  • TEL

Competitive Landscape

ACM Research faces intense competition from larger, more established players. Its competitive advantage lies in its specialized technology, strong customer relationships in China, and competitive pricing. ACM Research disadvantages include a smaller overall scale of operations and geographic concentration.

Major Acquisitions

No Acquisition Made

  • Year: 2024
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: No acqusitions.

Growth Trajectory and Initiatives

Historical Growth: Historical growth rates can be obtained from public financial reporting services

Future Projections: Analyst future projections can be found at public financial reporting services

Recent Initiatives: Recent strategic initiatives often revolve around product development, geographic expansion, and customer acquisition.

Summary

ACM Research is a growing player in the semiconductor equipment industry with strengths in specialized cleaning equipment and a strong presence in China. The company faces competition from larger players and needs to diversify its geographic reach and customer base. Recent initiatives focused on new products and expansion into the electroplating market look promising. Despite its strengths, ACM Research needs to manage geopolitical risks and the volatile nature of the semiconductor industry. Its growth trajectory is tied to both product innovation and continued expansion within its target markets.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Public SEC Filings
  • Analyst Reports
  • Industry News

Disclaimers:

This analysis is based on available information and is not financial advice. Market conditions and company performance are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 2023

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.