ACM Research (NASDAQ:ACMR) Announces Earnings Results, Beats Estimates By $0.05 EPS

ACM Research (NASDAQ:ACMR) released its earnings results on Thursday. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.05, FiscalAI reports. The business had revenue of $367.69 million for the quarter, compared to analyst estimates of $310.56 million. ACM Research had a net margin of 14.48% and a return on equity of 4.08%. ACM Research’s revenue for the quarter was up 36.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.36 earnings per share.

Here are the key takeaways from ACM Research’s conference call:

• Third-quarter revenue rose 37% to $367.7 million, while shipments increased 31%; operating margin improved to 18% from 13.6% a year earlier.
• ACM raised its 2026 revenue outlook to $1.24–$1.28 billion, or 38%–42% annual growth, from a prior range of $1.125–$1.175 billion. Management expects shipments to grow faster than revenue.
• Backlog reached $2.5 billion as of September 29, up 88% year over year, and year-to-date orders through September were up 147%, providing support for planned growth.
• Growth was led by ECP and advanced packaging, with revenue up 83% and 71%, respectively; ACM also reported progress on SPM and panel-level plating. However, some newer platforms—including track and PECVD—remain in evaluation, with revenue contribution expected to develop through 2027 and 2028.
• Gross margin slipped to 41.6% from 42.1%, below ACM’s 42%–48% long-term target range; management cited product mix, foreign exchange, and inventory provisions, while expecting a modest improvement in the fourth quarter.

ACM Research Stock Up 9.6%

NASDAQ:ACMR traded up $3.77 during trading hours on Friday, reaching $43.08. The company had a trading volume of 323,208 shares, compared to its average volume of 1,366,131. The company has a quick ratio of 2.66, a current ratio of 3.66 and a debt-to-equity ratio of 0.08. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 20.52 and a beta of 2.27. The business’s 50-day simple moving average is $65.64 and its two-hundred day simple moving average is $68.42. ACM Research has a twelve month low of $28.46 and a twelve month high of $127.19.

Insider Buying and Selling at ACM Research

In other news, insider David Wang sold 70,000 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $74.59, for a total transaction of $5,221,300.00. Following the transaction, the insider owned 802,708 shares in the company, valued at approximately $59,873,989.72. This represents a 8.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Haiping Dun sold 5,000 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $81.13, for a total transaction of $405,650.00. Following the transaction, the director directly owned 5,000 shares in the company, valued at $405,650. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 24.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ACMR. Daiwa Securities Group started coverage on ACM Research in a research report on Wednesday, August 26th. They issued a “buy” rating and a $136.00 price objective for the company. Craig Hallum reissued a “buy” rating and issued a $100.00 price objective on shares of ACM Research in a research note on Monday, August 10th. Weiss Ratings cut ACM Research from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 23rd. Finally, Zacks Research downgraded ACM Research from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, ACM Research presently has an average rating of “Moderate Buy” and an average price target of $122.75.

ACM Research News Summary

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

• Positive Sentiment: Third-quarter revenue was $367.69 million, up 36.6% year over year and well above the $310.56 million analyst consensus. Earnings of $0.55 per share also topped the $0.50 estimate. Earnings results
• Positive Sentiment: ACM Research raised its 2026 revenue guidance to $1.28 billion. Management also highlighted a record backlog, providing a favorable signal for future demand and revenue visibility. Earnings call highlights

ACM Research Company Profile

ACM Research, Inc (NASDAQ: ACMR) develops and manufactures equipment used in semiconductor wafer processing. Its systems are designed to support the fabrication of integrated circuits and other electronic components, with a primary focus on cleaning and other process steps performed during semiconductor manufacturing.

The company’s product portfolio includes single-wafer cleaning systems, wet-cleaning equipment, electrochemical plating systems, and other wafer-processing tools. These products are used by semiconductor manufacturers and foundries in applications involving advanced logic, memory, and specialty devices.