ACM ResearchACMR
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 Q2 SEC filings by fund managers ($100M+ AUM)
31% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 51
2% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 51
1% more funds holding
Funds holding: 198 [Q1] → 199 (+1) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
0.84% less ownership
Funds ownership: 59.73% [Q1] → 58.89% (-0.84%) [Q2]
12% less call options, than puts
Call options by funds: $26.8M | Put options by funds: $30.6M
21% less capital invested
Capital invested by funds: $975M [Q1] → $773M (-$202M) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Needham Charles Shi 28% 1-year accuracy 18 / 65 met price target | 32%upside $25 | Buy Reiterated | 1 Oct 2024 |
Benchmark Mark Miller 44% 1-year accuracy 14 / 32 met price target | 100%upside $38 | Buy Reiterated | 8 Aug 2024 |
Roth MKM Suji Desilva 50% 1-year accuracy 15 / 30 met price target | 58%upside $30 | Buy Maintained | 8 Aug 2024 |
Needham Charles Shi 28% 1-year accuracy 18 / 65 met price target | 47%upside $28 | Buy Reiterated | 8 Aug 2024 |
Benchmark Mark Miller 44% 1-year accuracy 14 / 32 met price target | 100%upside $38 | Buy Reiterated | 7 Aug 2024 |
Financial journalist opinion
Based on 8 articles about ACMR published over the past 30 days