ACMR · ACM Research, Inc.
$83.38
-0.20 (-0.24%)
At close · Oct 2
Return incl. dividend (before tax)
Market Cap
$5.35B
Shares
69.65M
Volume · Oct 2
1.26M
Avg daily vol (3M)
1.05M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$83.38
Open$86.09
Day$82.63–86.20
52W close$29.67–126.89
Avg vol 30d1.0M
Short int4.1M · 5.9% float · 4.6d
Short vol46%
Last earningsAug 7, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 7
Up next
Next earnings call
Nov 7, 2026
Est · unconfirmed
· in 5 wks
filed Aug 7, 2026
call held Aug 7, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$1.04B
Trailing 12 months
Net income (TTM)
$150.23M
Trailing 12 months
Revenue growth YoY
+36.0%
Year over year
Operating margin
13.3%
Trailing 12 months
P / E (TTM)
39.7
Trailing earnings · reciprocal yield 2.5%
FCF yield
-2.2%
TTM · current market cap
Return on invested capital
12.0%
Trailing 12 months
Net cash
$840.63M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+6.5%
Year over year · more shares
Price change (1Y)
+92.5%
Trailing year
Short interest
5.9%
Latest settlement · 4.6 days to cover
AI Brief
Q2 FY26 earnings call · Aug 7, 2026
Q2 FY26
TL;DR. ACM Research reported Q2 2026 revenue of $292.9 million, up 36% year-over-year, driven by ECP (+168%) and advanced packaging (+153%) growth, while single-wafer cleaning declined 14%. The company raised its full-year 2026 revenue outlook to $1.125B-$1.175B (25-30% growth) from a prior range of $1.08B-$1.175B and received first orders for its horizontal panel-level plating tool.
Bullish
- + Q2 revenue grew 36% year-over-year to $292.9 million, with shipments up 36.4%
- + Raised full-year 2026 revenue guidance to $1.125B-$1.175B from prior $1.08B-$1.175B, implying 25-30% growth
- + Advanced packaging revenue grew 153% to $31.4 million with global deployment in Singapore and North America
- + First H1 2026 orders increased over 100% year-over-year with mix across all product categories
- + Customer concentration improved with only one 10%+ customer at 12.7% of revenue vs. three customers at 49.9% in H1 2025
Bearish
- − Single-wafer cleaning, Tahoe and semi-critical cleaning revenue declined 14% to $133.0 million
- − Gross margin contracted to 46.0% from 48.7% year-over-year
- − Income tax expense rose to $13.5 million from $1.9 million year-over-year
- − Supply chain component shortages cited as risk to second-half shipments
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 15.3 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+24%
above
Price vs 50-day avg
+9%
above
RSI (14)
61
neutral
MACD trend
Positive
52-week position
55%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+20%
trailing
6-month return
+68%
trailing
YTD return
+111%
this year
Relative strength
+56%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $77 › 200d $67 — 50d above 200d
Institutional flow
Accumulating
1 of 384 funds reported for Sep 30 · net +38 sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
5.94% of float · ▲ +4.2% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
384 holders — near 3-yr high, broad support
Squeeze score
64
elevated · 0–100
Fundamentals
Revenue growth
+104%
Y/Y
Gross margin
536%
contracting
EPS growth
−10%
Y/Y
Free cash flow
$-66.6M
Valuation
P/E 35.6
below peers
Balance sheet
$543.4M
net cash
Quant / Vol
risk profile
Volatility
87%
annualized · 1-yr
Max drawdown
−50%
past year
ATR
5.9%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 7, 2026
full year 2026
R&D as a percent of sales
Initiated
16% – 18%
Sales and marketing as a percent of sales
Initiated
8%
Effective tax rate
Initiated
10% – 12%
whole year
Whole year revenue
25% – 30%
this year
R&D as a percent of revenue
16% – 18%
G&A as a percent of revenue
5% – 6%
Sales and marketing as a percent of revenue
8%
Prior guidance
period ended
· from the 8-K filed Apr 27, 2026
Preliminary unaudited revenue
· first quarter of 2026
$225M – $230M
Preliminary total shipments
· first quarter of 2026
$233M – $238M
Guided vs delivered
· last 4 settled
Revenue
fiscal year 2024
guided $650M – $725M
$782.12M
Beat +13.8%
Revenue
fiscal year 2023
guided $520M – $540M
$557.72M
Beat +5.2%
Revenue
full-year 2021
guided $225M – $240M
$259.75M
Beat +11.7%
Revenue
full-year 2020
guided $145M – $155M
$156.62M
Beat +4.4%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+24%
Bullish
Price vs 50-day avg
+9%
Bullish
RSI (14)
61
Neutral
MACD trend
Positive
Bullish
52-week position
55%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $77 › 200d $67 — 50d above 200d
Institutional flow
Accumulating
1 of 384 funds reported for Sep 30 · net +38 sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
5.94% of float · ▲ +4.2% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
384 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $30
Now $83 · 55%
Range high $127
vs 200-day avg +24%
vs 50-day avg +9%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Cash and cash equivalents, plus restricted cash and short-term time deposits | $1.36B | Q2 2026 | — |
| Net cash | $1B | Q2 2026 | — |
| Total shipments | $281.5M | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Semiconductor Equipment & Materials — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ACMR
this stock
ACM Research, Inc.
|
$5.35B | +111.4% | +104.5% | 35.6 | 5.9% |
|
ASML
Asml Holding NV
|
$703.84B | +74.5% | — | — | 0.4% |
|
LRCX
Lam Research Corp
|
$394.43B | +103.0% | +51.7% | 54.7 | 2.1% |
|
AMAT
Applied Materials Inc /De
|
$386.29B | +110.1% | -12.6% | 42.0 | 1.8% |
|
KLAC
Kla Corp
|
$245.53B | — | +11.7% | 51.3 | 1.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ACMR | +7.9% | +20.1% | +68.0% | +3.0% | +111.4% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | +8.1% | +20.6% | +55.9% | +2.1% | +98.5% |
Key facts
CIK
1680062
CUSIP
00108J109
13F (30d)
10 filings
8 filers
Visit website
Investor relations