ACM Research - ACMR Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ACM Research in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ACMR shares.
View ACMR analyst ratings or view top-rated stocks.

6 brokerages have issued 12-month target prices for ACM Research's stock. Their ACMR share price forecasts range from $7.00 to $46.67. On average, they predict the company's share price to reach $24.29 in the next year. This suggests a possible upside of 183.1% from the stock's current price.
View analysts price targets for ACMR or view top-rated stocks among Wall Street analysts.

ACM Research's stock was trading at $28.4233 on January 1st, 2022. Since then, ACMR shares have decreased by 69.8% and is now trading at $8.58.
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ACM Research saw a drop in short interest in November. As of November 15th, there was short interest totaling 3,510,000 shares, a drop of 17.6% from the October 31st total of 4,260,000 shares. Based on an average trading volume of 995,500 shares, the days-to-cover ratio is presently 3.5 days.
View ACM Research's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023.
View our ACMR earnings forecast.

ACM Research, Inc. (NASDAQ:ACMR) announced its earnings results on Thursday, November, 4th. The specialty retailer reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.07. The specialty retailer earned $67 million during the quarter, compared to analysts' expectations of $67.20 million. ACM Research had a net margin of 11.46% and a trailing twelve-month return on equity of 6.76%. The business's quarterly revenue was up 40.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.14 earnings per share.

ACM Research's stock split on the morning of Thursday, March 24th 2022. The 3-1 split was announced on Thursday, March 24th 2022. The newly issued shares were payable 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 2022 earnings guidance on Friday, November, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $365.00 million-$385.00 million, compared to the consensus revenue estimate of $381.32 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 on Friday, November 3rd 2017. The company issued 2,000,000 shares at $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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.78%), Vanguard Group Inc. (4.45%), Healthcare of Ontario Pension Plan Trust Fund (3.04%), State Street Corp (1.77%), Matthews International Capital Management LLC (1.61%) and UBS Group AG (0.94%). Insiders that own company stock include Chenming Hu, David H Wang, Fuping Chen, Haiping Dun, Jian Wang, Lisa Feng, Mark Mckechnie, Sotheara Cheav, Tracy Liu and Yinan Xiang.
View institutional ownership trends.

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 $8.58.

ACM Research (NASDAQ:ACMR) has a market capitalization of $466.53 million and generates $259.75 million in revenue each year. The specialty retailer earns $37.76 million in net income (profit) each year or $0.6433 on an earnings per share basis.

The company employs 877 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.