ACM Research (NASDAQ:ACMR) Releases Earnings Results, Beats Expectations By $0.18 EPS

07 May 2026, 23:45 by Jessica Moore · The Cerbat Gem

ACM Research (NASDAQ:ACMR – Get Free Report) issued its earnings results on Thursday. The specialty retailer reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.18, FiscalAI reports. ACM Research had a return on equity of 4.97% and a net margin of 10.44%.The business had revenue of $231.26 million during the quarter, compared to analysts’ expectations of $215.69 million. During the same quarter in the previous year, the business earned $0.46 EPS. The company’s revenue for the quarter was up 34.2% on a year-over-year basis.

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

Q1 financials: Revenue was $231M (+34%) with shipments up 54%, gross margin 46.5%, net cash ~$924M, and management reiterated its 2026 revenue outlook of $1.08B–$1.175B.
ECP and advanced packaging strength: ECP/furnace/other revenues grew ~205% year‑over‑year driven by electroplating momentum and panel-level horizontal plating (515×510) has been delivered to customers with a growing backlog toward potential volume orders.
Single‑wafer SPM ramp: Management expects >15–20 SPM units delivered by year‑end, touting superior particle performance and a maintenance‑free design that they say should win market share versus the incumbent.
Cleaning segment mix and timing: Cleaning revenue declined ~6% year‑over‑year, but shipments rose 32% and PO backlog increased, with management saying new SPM shipments will drive normalization of the cleaning mix later in 2026.
Capacity and globalization: Lingang mini‑line is operational and a second building will raise capacity toward a $3B annual run‑rate, while an Oregon demo lab and plans for U.S. tool production by year‑end 2026 support global deployment (>20 tools outside mainland China expected in 2026).

ACM Research Stock Up 6.9%

ACM Research stock traded up $3.82 during midday trading on Thursday, hitting $59.20. 2,979,559 shares of the company were exchanged, compared to its average volume of 1,052,278. The company’s fifty day moving average price is $48.52 and its 200-day moving average price is $46.20. The company has a market cap of $3.62 billion, a PE ratio of 43.21 and a beta of 1.82. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.27 and a quick ratio of 2.33. ACM Research has a fifty-two week low of $19.76 and a fifty-two week high of $71.65.

ACM Research News Summary

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

Positive Sentiment: Q1 results beat expectations — ACMR reported $0.34 EPS vs. the consensus $0.16 and revenue of $231.3M (up 34.2% year‑over‑year), signaling strong top‑line demand in wafer processing. ACM Research, Inc. (ACMR) Q1 Earnings and Revenues Top Estimates
Positive Sentiment: New coverage: Seaport Global initiated coverage with a Buy, which can drive investor interest and flows into the stock. Seaport Global initiates coverage of ACM Research (ACMR) with buy recommendation
Positive Sentiment: Favorable thematic/media coverage positions ACMR as an AI/advanced packaging beneficiary, boosting investor sentiment around secular growth upside. ACM Research and Ouster spotlighted as AI boom beneficiaries
Neutral Sentiment: Company released the formal Q1 press release, slide deck and conference‑call materials (useful for digging into backlog, margin outlook and customer mix). ACM Research Reports First Quarter 2026 Results
Negative Sentiment: EPS declined year‑over‑year (from $0.46 to $0.34), showing profit per share hasn’t fully recovered despite higher revenue — monitor margin trajectory and cost trends. ACM Research earnings / transcript
Negative Sentiment: Valuation and returns profile could concern some investors: PE sits elevated and return on equity was modest, so continued execution is required to justify higher multiples. Market data and metrics for ACMR

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ACMR shares. Seaport Research Partners started coverage on ACM Research in a report on Monday. They set a “buy” rating and a $75.00 target price for the company. Zacks Research cut ACM Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings upgraded ACM Research from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Finally, Wall Street Zen cut ACM Research from a “hold” rating to a “sell” rating in a report on Sunday, March 8th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, ACM Research currently has a consensus rating of “Hold” and an average price target of $40.00.

Check Out Our Latest Research Report on ACM Research

Insider Activity at ACM Research

In related news, Director Tracy Liu sold 45,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $47.38, for a total transaction of $2,132,100.00. Following the transaction, the director directly owned 110,772 shares of the company’s stock, valued at approximately $5,248,377.36. The trade was a 28.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Charles C. Pappis sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $52.00, for a total value of $260,000.00. Following the transaction, the director directly owned 5,000 shares in the company, valued at $260,000. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 65,000 shares of company stock worth $3,110,750 over the last three months. 25.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ACM Research

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its position in shares of ACM Research by 656.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,293 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 1,122 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of ACM Research by 152.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,379 shares of the specialty retailer’s stock valued at $54,000 after purchasing an additional 833 shares in the last quarter. Erste Asset Management GmbH acquired a new position in shares of ACM Research in the 4th quarter valued at approximately $89,000. Headlands Technologies LLC acquired a new position in shares of ACM Research in the 2nd quarter valued at approximately $114,000. Finally, Lazard Asset Management LLC raised its position in shares of ACM Research by 27.9% in the 2nd quarter. Lazard Asset Management LLC now owns 5,245 shares of the specialty retailer’s stock valued at $135,000 after purchasing an additional 1,145 shares in the last quarter. 66.75% of the stock is owned by institutional investors and hedge funds.

About ACM Research

(Get Free Report)

ACM Research, Inc (NASDAQ:ACMR) designs, develops and markets wet processing equipment for the semiconductor industry. The company focuses on advanced wafer cleaning technologies that address critical contamination-control requirements for logic, memory and advanced packaging applications. Since its founding in 2003, ACM Research has engineered modular platform tools that can be configured for a range of spin, scrub and batch cleaning processes.

Its product portfolio encompasses single-wafer spin cleaning systems featuring high-purity megasonic capabilities, dynamic chemical scrubbing modules for post-CMP residue removal and batch-process cleaning equipment designed for high-throughput production environments.