ACM Research, Inc. Class A (ACMR)

Several events have impacted ACM Research, Inc.'s stock price over the past six months. The company reported $0.36 earnings per share for Q3 2025, missing estimates, but revenue exceeded expectations. ACM Research updated its 2025 revenue outlook and provided an initial outlook for 2026 revenue. Short interest in ACMR decreased by 13.4% as of January 15th, 2026. The stock reached a 52-week high of $61.58 on February 2, 2026, and an all-time high closing price of $62.48 on February 6, 2026, with a significant increase of 157.86% over the past six months. ACM Research (Shanghai) Inc. completed a private offering, raising approximately $623 million in net proceeds. There have been several insider sell transactions reported in late 2025 by various executives.

Specific, detailed demand seasonality data for ACM Research, Inc.'s products and services is not explicitly provided. The semiconductor equipment industry can experience variability due to customer-specific factors and broader market trends. The company's revenue recognition policies can also mask any underlying seasonal patterns in actual shipments. Despite potential variability, the company's significant backlog indicates a strong and consistent demand for its products.

ACM Research, Inc. is a global leader in developing, manufacturing, and selling advanced wet processing technology and products for the semiconductor industry, operating within the Producer Manufacturing sector. The company provides a broad portfolio of production equipment and service solutions for various applications in integrated circuit (IC) manufacturing, compound semiconductors, wafer-level packaging, and wafer manufacturing markets. Its major products include single-wafer and batch wet cleaning tools, electroplating tools, stress-free polishing (SFP) equipment, PECVD and ALD equipment, track and thermal processes equipment and advanced packaging tools.

ACM Research, Inc. is headquartered in Fremont, California, USA, with its main operations and the majority of its revenue generation conducted through its subsidiary, ACM Research (Shanghai), Inc., located in Shanghai, China. The company also has product development, manufacturing, and support operations in Inchon, South Korea, and maintains a global sales and service organization that supports customers across Asia, North America, and Europe. The company is expanding its presence in the United States with an Oregon facility intended for customer evaluations, technology development, and initial production for global customers.

In the past year, ACM Research has generally maintained a positive brand reputation, particularly in its strategic positioning within the semiconductor industry. The company is recognized for its proprietary SAPS and TEBO cleaning technologies. ACM Research is seen as a key beneficiary of China's drive for semiconductor self-sufficiency. The company's focus on innovation and expansion into high-growth areas like advanced packaging has been highlighted. Efforts to localize sourcing and expand production capacity demonstrate a commitment to growth and stability. U.S. export restrictions on semiconductor technology to China have strengthened ACM Research's position as a domestic supplier in China.

ACM Research, Inc. has a diverse ownership structure comprising institutional, retail, and individual investors. Institutional owners hold approximately 73.81% of the shares, while individuals hold about 13.2%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., LSV Asset Management, Triata Capital Ltd., State Street Corp., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Southeastern Asset Management Inc/tn/, Geode Capital Management, LLC, Peak6 LLC, iShares Russell 2000 ETF (IWM), iShares, Invesco, SPDR, and Fidelity Salem Street Trust. Significant individual owners include David H. Wang and Hai Ping Dun.