ACM Research, Inc. (ACMR) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does ACM Research, Inc. Do?
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating. The company markets and sells its products under the Ultra C brand name through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California. ACM Research, Inc. (ACMR) is classified as a mid-cap stock in the Industrials sector, specifically within the Machinery industry. The company is led by CEO David H. Wang and employs approximately 1,210 people. With a market capitalization of $2.7B, ACMR is one of the notable companies in the Industrials sector.
ACM Research, Inc. (ACMR) Stock Rating — Reduce (April 2026)
As of April 2026, ACM Research, Inc. receives a Reduce rating with a composite score of 34.9/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.ACMR ranks #3,510 out of 4,446 stocks in our coverage universe. Within the Industrials sector, ACM Research, Inc. ranks #606 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
ACMR Stock Price and 52-Week Range
ACM Research, Inc. (ACMR) currently trades at $48.90. The stock gained $1.93 (4.1%) in the most recent trading session. The 52-week high for ACMR is $71.65, which means the stock is currently trading -31.8% from its annual peak. The 52-week low is $16.82, putting the stock 190.7% above its annual trough. Recent trading volume was 860K shares, suggesting relatively thin trading activity.
Is ACMR Overvalued or Undervalued? — Valuation Analysis
ACM Research, Inc. (ACMR) carries a value factor score of 57/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 18.82x, compared to the Industrials sector average of 28.33x — a discount of 34%. The price-to-book ratio stands at 1.43x, versus the sector average of 2.23x. The price-to-sales ratio is 3.20x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, ACMR trades at 20.70x EV/EBITDA, versus 5.70x for the sector. The EV/EBIT multiple is 20.79x.
Overall, ACMR's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
ACM Research, Inc. Profitability — ROE, Margins, and Quality Score
ACM Research, Inc. (ACMR) earns a quality factor score of 10/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 7.6%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 5.1% versus the sector average of 3.3%.
On a margin basis, ACM Research, Inc. reports gross margins of 47.5%, compared to 35.8% for the sector. The operating margin is 15.5% (sector: 6.2%). Net profit margin stands at 16.9%, versus 3.9% for the average Industrials stock. Revenue growth is running at 32.9% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
ACMR Debt, Balance Sheet, and Financial Health
ACM Research, Inc. has a debt-to-equity ratio of 11.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 3.27x, indicating strong short-term liquidity. Total debt on the balance sheet is $214M. Cash and equivalents stand at $1.06B.
ACMR has a beta of 1.55, meaning it is more volatile than the broader market — a $10,000 investment in ACMR would be expected to move 54.6% more than the S&P 500 on any given day. The stability factor score for ACM Research, Inc. is 28/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
ACM Research, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, ACM Research, Inc. reported revenue of $861M and earnings per share (EPS) of $1.47. Net income for the quarter was $146M. Gross margin was 47.5%. Operating income came in at $131M.
In FY 2025, ACM Research, Inc. reported revenue of $901M and earnings per share (EPS) of $1.47. Net income for the quarter was $122M. Gross margin was 44.4%. Revenue grew 15.2% year-over-year compared to FY 2024. Operating income came in at $109M.
In Q3 2025, ACM Research, Inc. reported revenue of $269M and earnings per share (EPS) of $0.56. Net income for the quarter was $46M. Gross margin was 42.0%. Revenue grew 32.0% year-over-year compared to Q3 2024. Operating income came in at $29M.
In Q2 2025, ACM Research, Inc. reported revenue of $215M and earnings per share (EPS) of $0.47. Net income for the quarter was $36M. Gross margin was 48.5%. Revenue grew 6.4% year-over-year compared to Q2 2024. Operating income came in at $32M.
Over the past 8 quarters, ACM Research, Inc. has demonstrated a growth trajectory, with revenue expanding from $202M to $861M. Investors analyzing ACMR stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
ACMR Dividend Yield and Income Analysis
ACM Research, Inc. (ACMR) does not currently pay a dividend. This is common among smaller companies in the Machinery industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
ACMR Momentum and Technical Analysis Profile
ACM Research, Inc. (ACMR) has a momentum factor score of 56/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 24/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 40/100 reflects moderate short selling activity.
ACMR vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, ACM Research, Inc. (ACMR) ranks #606 out of 752 stocks based on the Blank Capital composite score. This places ACMR in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing ACMR against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ACMR vs S&P 500 (SPY) comparison to assess how ACM Research, Inc. stacks up against the broader market across all factor dimensions.
ACMR Next Earnings Date
No upcoming earnings date has been announced for ACM Research, Inc. (ACMR) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy ACMR? — Investment Thesis Summary
The quantitative profile for ACM Research, Inc. suggests caution. The quality score of 10/100 flags below-average profitability. High volatility (stability score 28/100) increases portfolio risk.
In summary, ACM Research, Inc. (ACMR) earns a Reduce rating with a composite score of 34.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ACMR stock.
Related Resources for ACMR Investors
Explore more research and tools: ACMR vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ACMR head-to-head with peers: ACMR vs SOBO, ACMR vs TEN, ACMR vs GLDD.