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Upturn AI Summary - About
Acm Research Inc(ACMR)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ACMR
10/09/2026: ACMR (3-star) is currently NOT-A-BUY. Pass it for now.
ACM Research Inc is a specialized manufacturer of semiconductor processing equipment, primarily focused on wet cleaning and advanced packaging tools. The company has a leading position in supporting the high-growth semiconductor manufacturing sector in China through proprietary technologies like its SAPS cleaning platforms. Its growth story is tied to the expansion of AI and high-performance computing chip demand. However, the company faces significant risks, including high geographic revenue concentration and geopolitical trade uncertainties that could impact its operations. This stock is best suited for growth-oriented investors who can tolerate high volatility and monitor the evolving regulatory environment and the success of its geographic diversification strategy.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company is positioned to capture growth from the expanding semiconductor infrastructure cycle. |
| Momentum investor | Mixed fit | The stock can experience high volatility and momentum-based swings tied to semiconductor sector cycles. |
| Value investor | Weak fit | The stock's valuation is driven by future growth expectations rather than current yield or traditional value metrics. |
| Dividend investor | Weak fit | The company does not pay dividends and prioritizes capital reinvestment. |
| Low-risk investor | Weak fit | The high volatility and significant geopolitical/concentration risks make this unsuitable for risk-averse portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock price is subject to large swings based on semiconductor cycle sentiment. |
| Valuation risk | Medium / high | Market pricing often reflects high future growth expectations that may be disrupted by macro events. |
| Competition risk (semiconductor equipment) | High | Large, established peers hold massive scale and R&D budgets. |
| Business quality | Medium | While the technology is advanced, high geographic concentration introduces systemic risks. |
| Dividend income | Low / none | Investors should not rely on this stock for current income. |
| Execution risk | Medium | Successfully expanding into new geographic markets requires effective management and local infrastructure. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit 48.84% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.97B USD | Price to earnings Ratio 33.67 | 1Y Target Price 115.33 |
Price to earnings Ratio 33.67 | 1Y Target Price 115.33 | ||
Volume (30-day avg) 1.2M shares | Beta 2.09 | 52 Weeks Range 28.46 - 127.19 | Updated Date 10/11/2026 |
52 Weeks Range 28.46 - 127.19 | Updated Date 10/11/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.12 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Wet Cleaning Equipment | Single-wafer cleaning tools for various nodes. | The core revenue driver, essential for every semiconductor factory. |
| Advanced Packaging | Equipment for assembly and high-density chip connections. | A high-growth area driven by AI chip demand. |
| Geographic Exposure (China) | Primary manufacturing and R&D operations. | Highly focused revenue source, highly sensitive to trade regulations. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 33.67 | Forward PE 30.21 | Enterprise Value 4.53B | Price to Sales(TTM) 4.79 |
Enterprise Value 4.53B | Price to Sales(TTM) 4.79 | ||
Enterprise Value to Revenue 4.36 | Enterprise Value to EBITDA 17.09 | Shares Outstanding 64.66M | Shares Floating 61.52M |
Shares Outstanding 64.66M | Shares Floating 61.52M | ||
Percent Insiders 3.86 | Percent Institutions 77.82 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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