ACM Research (ACMR) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ACM Research in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ACMR shares.
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5 brokers have issued twelve-month price targets for ACM Research's stock. Their ACMR share price forecasts range from $10.00 to $32.00. On average, they predict the company's stock price to reach $19.92 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
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ACM Research's stock was trading at $7.71 on January 1st, 2023. Since then, ACMR shares have increased by 127.5% and is now trading at $17.54.
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ACM Research saw a increase in short interest in September. As of September 15th, there was short interest totaling 1,990,000 shares, an increase of 10.6% from the August 31st total of 1,800,000 shares. Based on an average trading volume of 834,300 shares, the days-to-cover ratio is presently 2.4 days.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our ACMR earnings forecast.

ACM Research, Inc. (NASDAQ:ACMR) released its earnings results on Friday, August, 4th. The specialty retailer reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.38. The specialty retailer earned $144.58 million during the quarter, compared to analysts' expectations of $113.32 million. ACM Research had a net margin of 14.48% and a trailing twelve-month return on equity of 9.04%.

ACM Research shares split before market open on Thursday, March 24th 2022. The 3-1 split was announced on Thursday, March 24th 2022. The newly issued shares were issued to shareholders after the closing bell on Thursday, March 24th 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

ACM Research issued an update on its FY 2023 earnings guidance on Monday, August, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $515.00 million-$585.00 million, compared to the consensus revenue estimate of $546.33 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other ACM Research investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), QUALCOMM (QCOM), Walt Disney (DIS), Block (SQ), Marvell Technology (MRVL), Taiwan Semiconductor Manufacturing (TSM) and AbbVie (ABBV).

(ACMR) raised $17 million in an initial public offering (IPO) on Friday, November 3rd 2017. The company issued 2,000,000 shares at a price of $7.50-$9.50 per share. Roth Capital Partners served as the underwriter for the IPO and Craig-Hallum Capital Group and The Benchmark Company were co-managers.

ACM Research trades on the NASDAQ under the ticker symbol "ACMR."

ACM Research's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.24%), Citigroup Inc. (2.97%), JPMorgan Chase & Co. (2.18%), Pertento Partners LLP (2.10%), State Street Corp (1.73%) and Geode Capital Management LLC (1.67%). Insiders that own company stock include David H Wang, Fuping Chen, Haiping Dun, Jian Wang, Lisa Feng, Mark Mckechnie, Sotheara Cheav, Tracy Liu and Yinan Xiang.
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Shares of ACMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ACMR stock can currently be purchased for approximately $17.54.

ACM Research (NASDAQ:ACMR) has a market capitalization of $964.70 million and generates $388.83 million in revenue each year. The specialty retailer earns $39.26 million in net income (profit) each year or $1.02 on an earnings per share basis.

The company employs 1,209 workers across the globe.

ACM Research's mailing address is 42307 OSGOOD ROAD SUITE I, FREMONT CA, 94539. The official website for the company is www.acmrcsh.com. The specialty retailer can be reached via phone at (510) 445-3700, via email at gary@blueshirtgroup.com, or via fax at 510-445-3708.