ACM Research (NASDAQ:ACMR) Shares Gap Up Following Better-Than-Expected Earnings

Shares of ACM Research, Inc. (NASDAQ:ACMR) gapped up prior to trading on Friday after the company announced better than expected quarterly earnings. The stock had previously closed at $78.98, but opened at $92.55. ACM Research shares last traded at $81.0080, with a volume of 368,425 shares changing hands.

The specialty retailer reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.19. ACM Research had a net margin of 9.48% and a return on equity of 4.17%. The business had revenue of $292.92 million for the quarter, compared to analysts’ expectations of $269.28 million. During the same period last year, the business earned $0.54 EPS. The company’s revenue was up 36.0% compared to the same quarter last year.

Key ACM Research News

Here are the key news stories impacting ACM Research this week:

• Positive Sentiment: Q2 earnings and revenue beat estimates: ACM Research reported adjusted earnings of $0.61 per share, up from $0.54 a year earlier and above estimates ranging from $0.30 to $0.42. Revenue reached $292.92 million, 36% higher year over year and ahead of the $269.28 million consensus estimate. ACM Research Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: New product traction supports growth: ACM Research received a first production order and an evaluation order from customers for its Ultra ECP ap-p horizontal panel electroplating tool, potentially expanding its opportunity in advanced packaging. Ultra ECP ap-p Customer Orders
• Positive Sentiment: Broader addressable market: The company expanded its Ultra C Tahoe system into a multi-process wet-processing platform for additional logic and memory manufacturing applications, strengthening its semiconductor equipment portfolio. ACM Research Expands Ultra C Tahoe
• Negative Sentiment: Revenue guidance is cautious: ACM Research forecast fiscal 2026 revenue of $1.1 billion to $1.2 billion, with the midpoint below the roughly $1.2 billion analyst consensus. Investors may also remain focused on rising expenses and margin pressure despite the strong quarter.

Analyst Ratings Changes

Several brokerages recently issued reports on ACMR. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ACM Research in a research report on Tuesday, July 21st. Wall Street Zen upgraded ACM Research from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Seaport Research Partners initiated coverage on shares of ACM Research in a report on Monday, May 4th. They set a “buy” rating and a $75.00 price objective on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $130.00 price objective (up from $90.00) on shares of ACM Research in a research report on Tuesday, June 23rd. Finally, Zacks Research cut shares of ACM Research from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $127.50.

Insiders Place Their Bets

In other ACM Research news, Director Haiping Dun sold 5,000 shares of ACM Research stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $66.22, for a total transaction of $331,100.00. Following the completion of the sale, the director owned 5,000 shares of the company’s stock, valued at approximately $331,100. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Sotheara Cheav sold 5,399 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $83.18, for a total value of $449,088.82. Following the sale, the insider owned 100,002 shares in the company, valued at approximately $8,318,166.36. The trade was a 5.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 123,752 shares of company stock valued at $10,752,198. 24.36% of the stock is owned by company insiders.

Institutional Investors Weigh In On ACM Research

A number of large investors have recently bought and sold shares of ACMR. Contravisory Investment Management Inc. increased its stake in shares of ACM Research by 2.3% during the second quarter. Contravisory Investment Management Inc. now owns 5,216 shares of the specialty retailer’s stock worth $662,000 after purchasing an additional 115 shares in the last quarter. Maryland State Retirement & Pension System lifted its stake in ACM Research by 2.2% in the 4th quarter. Maryland State Retirement & Pension System now owns 7,764 shares of the specialty retailer’s stock valued at $306,000 after buying an additional 168 shares in the last quarter. GAMMA Investing LLC boosted its holdings in ACM Research by 14.5% in the 2nd quarter. GAMMA Investing LLC now owns 1,440 shares of the specialty retailer’s stock worth $183,000 after buying an additional 182 shares during the last quarter. MML Investors Services LLC boosted its holdings in ACM Research by 1.0% in the 4th quarter. MML Investors Services LLC now owns 22,851 shares of the specialty retailer’s stock worth $901,000 after buying an additional 217 shares during the last quarter. Finally, First Growth Capital LLC increased its stake in ACM Research by 5.4% during the 1st quarter. First Growth Capital LLC now owns 5,598 shares of the specialty retailer’s stock worth $226,000 after buying an additional 285 shares in the last quarter. Hedge funds and other institutional investors own 66.75% of the company’s stock.

ACM Research Trading Up 2.9%

The company has a 50 day simple moving average of $92.14 and a 200 day simple moving average of $68.41. The company has a market capitalization of $4.98 billion, a PE ratio of 61.61 and a beta of 1.96. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.52 and a current ratio of 3.51.

ACM Research Company Profile

ACM Research, Inc (NASDAQ:ACMR) designs, develops and markets wet processing equipment for the semiconductor industry. The company focuses on advanced wafer cleaning technologies that address critical contamination-control requirements for logic, memory and advanced packaging applications. Since its founding in 2003, ACM Research has engineered modular platform tools that can be configured for a range of spin, scrub and batch cleaning processes.

Its product portfolio encompasses single-wafer spin cleaning systems featuring high-purity megasonic capabilities, dynamic chemical scrubbing modules for post-CMP residue removal and batch-process cleaning equipment designed for high-throughput production environments.