ACM ResearchACMR
Market Cap: 1.16B
About: ACM Research Inc is a United-based company. It is engaged in developing, manufacturing, and selling single-wafer wet cleaning equipment, which is used by semiconductor manufacturers in numerous manufacturing steps to remove particles, contaminants, and other random defects to improve product yield, in fabricating integrated circuits, or chips. The company offers space alternated phase shift which employs alternating phases of megasonic waves to deliver megasonic energy to flat and patterned wafer surfaces on a microscopic level; and Timely Energized Bubble Oscillation technology which provides effective, damage-free cleaning for both conventional two and three-dimensional patterned wafers at process nodes.
Employees: 1,590
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
150% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 26
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]
49% more capital invested
Capital invested by funds: $637M [Q4 2023] → $947M (+$310M) [Q1 2024]
39% more call options, than puts
Call options by funds: $41.4M | Put options by funds: $29.8M
25% more funds holding
Funds holding: 154 [Q4 2023] → 193 (+39) [Q1 2024]
0% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 53
0.63% less ownership
Funds ownership: 58.59% [Q4 2023] → 57.96% (-0.63%) [Q1 2024]
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
Needham Charles Shi | 81%upside $34 | Buy Reiterated | 9 May 2024 |
Benchmark Mark Miller | 103%upside $38 | Buy Maintained | 6 Mar 2024 |
Goldman Sachs Allen Chang | 108%upside $39 | Buy Upgraded | 29 Feb 2024 |
Benchmark Mark Miller | 87%upside $35 | Buy Maintained | 29 Feb 2024 |
Needham Charles Shi | 81%upside $34 | Buy Maintained | 28 Feb 2024 |
Financial journalist opinion
Based on 17 articles about ACMR published over the past 30 days