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ACMR
Upturn stock ratingUpturn stock rating

Acm Research Inc (ACMR)

Upturn stock ratingUpturn stock rating
$25.9
Last Close (24-hour delay)
Profit since last BUY6.67%
upturn advisory
Consider higher Upturn Star rating
BUY since 28 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

06/30/2025: ACMR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

9 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $34.59

1 Year Target Price $34.59

Analysts Price Target For last 52 week
$34.59Target price
Low$13.87
Current$25.9
high$30.64

Analysis of Past Performance

Type Stock
Historic Profit -7.29%
Avg. Invested days 31
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
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 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.65B USD
Price to earnings Ratio 16.42
1Y Target Price 34.59
Price to earnings Ratio 16.42
1Y Target Price 34.59
Volume (30-day avg) 9
Beta 1.48
52 Weeks Range 13.87 - 30.64
Updated Date 06/30/2025
52 Weeks Range 13.87 - 30.64
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.57

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 13.28%
Operating Margin (TTM) 14.96%

Management Effectiveness

Return on Assets (TTM) 5.43%
Return on Equity (TTM) 12.68%

Valuation

Trailing PE 16.42
Forward PE 12.89
Enterprise Value 1390804912
Price to Sales(TTM) 2.05
Enterprise Value 1390804912
Price to Sales(TTM) 2.05
Enterprise Value to Revenue 1.73
Enterprise Value to EBITDA 7.63
Shares Outstanding 58842700
Shares Floating 52232223
Shares Outstanding 58842700
Shares Floating 52232223
Percent Insiders 15.04
Percent Institutions 68.77

Analyst Ratings

Rating 3
Target Price 34.59
Buy 4
Strong Buy 4
Buy 4
Strong Buy 4
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Acm Research Inc

stock logo

Company Overview

overview logo History and Background

ACM Research, Inc. was founded in 1998. It is a supplier of wafer cleaning equipment used by semiconductor manufacturers.

business area logo Core Business Areas

  • Wet Cleaning Equipment: Develops, manufactures, and sells single-wafer and batch-wafer cleaning equipment for semiconductor manufacturing.
  • Advanced Packaging Tools: Offers equipment for advanced packaging processes, including stress-free polishing (SFP) and electroplating.
  • Other Equipment: Provides other front-end semiconductor equipment and services.

leadership logo Leadership and Structure

David Wang is the CEO. The company operates with a functional organizational structure, focused on engineering, manufacturing, and sales.

Top Products and Market Share

overview logo Key Offerings

  • SAPPHIRE Cleaning System: Single-wafer cleaning system. Market share is increasing in China. Competitors include Lam Research and Applied Materials. Revenue contribution is significant and growing.
  • Ultra ECP (Electro-Chemical Plating) System: Electroplating system for advanced packaging. Competitors are mostly in Asia. Gaining traction in leading-edge applications. Revenue growth is strong but overall contribution is lower than cleaning.

Market Dynamics

industry overview logo Industry Overview

The semiconductor equipment industry is cyclical and highly competitive, driven by advancements in chip technology and increasing demand for semiconductors in various applications.

Positioning

ACM Research is positioned as a supplier focused on providing cost-effective and technically advanced solutions, particularly in the cleaning segment. A growing presence in China is a distinct competitive advantage.

Total Addressable Market (TAM)

The total addressable market for semiconductor equipment is estimated at over $100 billion annually. ACM is focused on a significant portion of this TAM, particularly in cleaning and advanced packaging. They aim to grow their share by offering competitive, localized solutions.

Upturn SWOT Analysis

Strengths

  • Strong relationships in China
  • Advanced cleaning technology
  • Cost-effective solutions
  • Growing market share in key segments

Weaknesses

  • Concentration of sales in China
  • Smaller scale compared to major competitors
  • Limited product diversification
  • Vulnerable to geopolitical risks

Opportunities

  • Expanding into new geographical markets
  • Developing new equipment for advanced nodes
  • Growing demand for advanced packaging
  • Increased government support for domestic semiconductor manufacturing in China

Threats

  • Intense competition from established players
  • Geopolitical tensions impacting trade
  • Economic downturn affecting semiconductor demand
  • Technological disruptions rendering equipment obsolete

Competitors and Market Share

competitor logo Key Competitors

  • Lam Research (LRCX)
  • Applied Materials (AMAT)
  • Tokyo Electron (TOELY)

Competitive Landscape

ACM Research differentiates itself with cost-effectiveness and a focus on specific segments like cleaning. Its China market presence is a key advantage, but it faces stiff competition from larger, more diversified players.

Growth Trajectory and Initiatives

Historical Growth: ACM Research has demonstrated strong growth in recent years, driven by increasing demand for its equipment in China.

Future Projections: Analysts project continued growth for ACM Research, driven by its strong position in the Chinese market and expansion into new areas.

Recent Initiatives: Recent initiatives include expanding its manufacturing capacity, developing new equipment for advanced nodes, and strengthening its relationships with key customers.

Summary

ACM Research is a growing company in the semiconductor equipment industry with a strong foothold in China. Their competitive pricing and advanced cleaning technology are working well, allowing them to gain market share. However, their reliance on the Chinese market and smaller size compared to competitors presents vulnerabilities. Monitoring geopolitical risks and diversifying its product portfolio is critical for sustained growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company website
  • Industry reports
  • Analyst estimates
  • Financial news sources

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share estimates are approximate and may vary. Financial data is based on publicly available information and assumptions.

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.