ACMR stock icon

ACM Research
ACMR

$23.54
7.47%
 

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

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 26 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

146% more first-time investments, than exits

New positions opened: 64 | 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] → $946M (+$310M) [Q1 2024]

25% more funds holding

Funds holding: 154 [Q4 2023] → 192 (+38) [Q1 2024]

19% more call options, than puts

Call options by funds: $23.9M | Put options by funds: $20M

0% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 53

0.65% less ownership

Funds ownership: 58.59% [Q4 2023] → 57.94% (-0.65%) [Q1 2024]

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$22
6%
downside
Avg. target
$31
33%
upside
High target
$39
66%
upside

8 analyst ratings

positive
88%
neutral
13%
negative
0%
Needham
Charles Shi
44%upside
$34
Buy
Reiterated
9 May 2024
Benchmark
Mark Miller
61%upside
$38
Buy
Maintained
6 Mar 2024
Goldman Sachs
Allen Chang
66%upside
$39
Buy
Upgraded
29 Feb 2024
Benchmark
Mark Miller
49%upside
$35
Buy
Maintained
29 Feb 2024
Needham
Charles Shi
44%upside
$34
Buy
Maintained
28 Feb 2024

Financial journalist opinion

Based on 26 articles about ACMR published over the past 30 days