ACM Research (NASDAQ:ACMR) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS

ACM Research (NASDAQ:ACMR) announced its quarterly earnings results on Thursday. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05, FiscalAI reports. ACM Research had a return on equity of 4.08% and a net margin of 14.48%. The firm had revenue of $367.69 million during the quarter, compared to analyst estimates of $310.56 million. During the same quarter in the previous year, the business earned $0.36 earnings per share. ACM Research’s quarterly revenue was up 36.6% on a year-over-year basis.

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

• Third-quarter revenue rose 37% to $367.7 million, while shipments increased 31%; operating margin improved to 18% from 13.6% a year earlier.
• ACM raised its 2026 revenue outlook to $1.24–$1.28 billion, or 38%–42% annual growth, from a prior range of $1.125–$1.175 billion. Management expects shipments to grow faster than revenue.
• Backlog reached $2.5 billion as of September 29, up 88% year over year, and year-to-date orders through September were up 147%, providing support for planned growth.
• Growth was led by ECP and advanced packaging, with revenue up 83% and 71%, respectively; ACM also reported progress on SPM and panel-level plating. However, some newer platforms—including track and PECVD—remain in evaluation, with revenue contribution expected to develop through 2027 and 2028.
• Gross margin slipped to 41.6% from 42.1%, below ACM’s 42%–48% long-term target range; management cited product mix, foreign exchange, and inventory provisions, while expecting a modest improvement in the fourth quarter.

ACM Research Stock Down 11.5%

Shares of NASDAQ ACMR traded down $5.12 during midday trading on Thursday, reaching $39.31. 2,816,566 shares of the company’s stock traded hands, compared to its average volume of 1,134,892. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 37.65 and a beta of 2.27. The stock’s 50 day simple moving average is $65.64 and its 200-day simple moving average is $68.42. The company has a quick ratio of 2.66, a current ratio of 3.66 and a debt-to-equity ratio of 0.08. ACM Research has a one year low of $28.46 and a one year high of $127.19.

Insider Buying and Selling

In other ACM Research news, insider David Wang sold 70,000 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $74.59, for a total transaction of $5,221,300.00. Following the completion of the sale, the insider owned 802,708 shares in the company, valued at $59,873,989.72. This represents a 8.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Haiping Dun sold 5,000 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $81.13, for a total value of $405,650.00. Following the sale, the director directly owned 5,000 shares in the company, valued at $405,650. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 24.36% of the company’s stock.

Trending Headlines about ACM Research

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

• Positive Sentiment: Q3 revenue was $367.69 million, up 36.6% year over year and well above the $310.56 million analyst consensus. Earnings per share of $0.55 also beat the $0.50 estimate. ACM Research Reports Third Quarter 2026 Results
• Positive Sentiment: ACM Research raised its 2026 revenue guidance to $1.28 billion, signaling management’s confidence in continued demand. ACM Research boosts 2026 revenue guidance to $1.28 billion
• Neutral Sentiment: Shares are falling despite the earnings beat and higher outlook. The reports provided do not specify a clear catalyst for the negative market reaction.
• Negative Sentiment: A pre-earnings analysis flagged rising costs and potential margin pressure as risks that could weigh on results or temper investor optimism. ACM Research to Report Q3 Earnings: What’s in Store for the Stock?

Wall Street Analysts Forecast Growth

ACMR has been the subject of a number of research analyst reports. Daiwa Securities Group assumed coverage on ACM Research in a research report on Wednesday, August 26th. They set a “buy” rating and a $136.00 target price for the company. Zacks Research downgraded ACM Research from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. Craig Hallum reissued a “buy” rating and set a $100.00 price target on shares of ACM Research in a research report on Monday, August 10th. Finally, Weiss Ratings lowered ACM Research from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 23rd. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $122.75.

About ACM Research

ACM Research, Inc (NASDAQ: ACMR) develops and manufactures equipment used in semiconductor wafer processing. Its systems are designed to support the fabrication of integrated circuits and other electronic components, with a primary focus on cleaning and other process steps performed during semiconductor manufacturing.

The company’s product portfolio includes single-wafer cleaning systems, wet-cleaning equipment, electrochemical plating systems, and other wafer-processing tools. These products are used by semiconductor manufacturers and foundries in applications involving advanced logic, memory, and specialty devices.