Company Performance - ACM Research, Inc. (ACMR) closed at $18.42, reflecting a -1.44% change from the previous trading day's closing, underperforming compared to the S&P 500 which gained 0.53% [1] - The stock has increased by 21.52% over the past month, outperforming the Computer and Technology sector's gain of 3.02% and the S&P 500's gain of 2.69% [1] Upcoming Earnings - The company is expected to report an EPS of $0.26, indicating a 39.53% decrease from the same quarter last year [2] - Revenue is forecasted to be $188.17 million, representing a 10.48% increase from the prior-year quarter [2] Analyst Estimates - Recent changes to analyst estimates for ACM Research, Inc. reflect shifting short-term business dynamics, with positive revisions indicating optimism about the company's outlook [3] Valuation Metrics - ACM Research, Inc. is currently trading at a Forward P/E ratio of 10.38, which is in line with the industry average [6] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [6]

Company Performance - ACM Research, Inc. (ACMR) closed at $17.76, reflecting a -0.73% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.21% [1] - The company's shares have increased by 18.01% over the last month, outperforming the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.56% [1] Upcoming Earnings - The upcoming earnings disclosure is anticipated to show an EPS of $0.21, representing a 51.16% decline compared to the same quarter of the previous year [2] - Revenue is expected to be $178.97 million, indicating a 5.08% increase compared to the same quarter of the previous year [2] Analyst Estimates - Recent changes to analyst estimates for ACM Research, Inc. indicate a positive outlook, reflecting analyst optimism about the company's business and profitability [3] - The Zacks Rank system, which assesses these estimate changes, currently ranks ACM Research, Inc. at 3 (Hold) [5] Valuation Metrics - ACM Research, Inc. is currently trading at a Forward P/E ratio of 9.94, which aligns with the average Forward P/E of 9.94 for its industry [6] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [6]

Core Viewpoint - ACM Research (ACMR) anticipates revenues between $850 million and $950 million for 2025, reflecting approximately 18% growth at the mid-point compared to the revised estimated range of $755-$770 million for 2024 [1][2]. Group 1: Revenue Drivers - Strong demand for ACMR's wafer processing solutions is the primary growth driver, with continued investments from Mainland China customers expected to sustain robust demand [2]. - The company expects manageable impacts from U.S. component export restrictions on its supply chain [2]. Group 2: Market Position and Product Offerings - ACMR's cleaning business, which includes single wafer cleaning and semi-critical clinical equipment, is utilized in 90% of all cleaning process steps, addressing a significant market worth approximately $6 billion [6]. - The demand for sulfuric acid peroxide mixing (SPM) offerings, which constitutes about 25% of the total front-end cleaning market, is aiding ACMR in gaining market share [7]. - The Ultra C Tahoe solution is positioned to benefit from the rising demand for environmentally friendly AI chip manufacturing, achieving an average particle count of less than 6 particles at 26 nanometers [8]. Group 3: Expansion and Future Prospects - ACMR aims to expand its international footprint, targeting new customers in the U.S., Korea, Taiwan, Europe, and other Asian markets, with a long-term goal of generating half of its revenues from outside China [11]. - The long-term service addressable market (SAM) in China is valued at $5 billion, while the non-China SAM is estimated at $11 billion [12]. - The company expects to generate $3 billion in revenues over the long term and has expanded production capacity with a new facility in Oregon [13]. Group 4: Financial Performance and Stock Analysis - The Zacks Consensus Estimate for 2025 earnings is set at $1.80 per share, remaining unchanged over the past 30 days, with ACMR having beaten earnings estimates in the last four quarters [14]. - ACMR shares are currently trading above the 50-day and 200-day moving averages, indicating a bullish trend [16]. - The stock is trading at a discount, with a forward 12-month Price/Sales ratio of 1.13X, lower than its median of 1.41X and the sector's 6.88X [18].

Core Viewpoint - ACM Research, Inc. has updated its revenue outlook for 2024 to a range of $755 million to $770 million, an increase from the previous estimate of $725 million to $745 million, and projects 2025 revenue to be between $850 million and $950 million [1][2]. Revenue Outlook - The updated 2024 revenue outlook is based on ACM's assessment of various factors including international trade policies, customer spending scenarios, supply chain constraints, and the timing of tool evaluations [2][3]. - The projected revenue for 2025 reflects expectations of continued growth, driven by investments from mainland China customers and contributions from new products [3]. Company Participation in Conferences - ACM will participate in meetings hosted by UBS on January 15, 2025, in Pudong, Shanghai, followed by a virtual presentation at the 27th Annual Needham Growth Conference on January 16, 2025 [4]. Company Overview - ACM develops and sells semiconductor process equipment, including cleaning, electroplating, and packaging tools, aimed at enhancing productivity and yield in semiconductor manufacturing [5].

Group 1 - ACM Research, Inc. (ACMR) stock closed at $15.62, showing a +1.36% change, outperforming the S&P 500's daily loss of 1.54% [1] - Over the past month, ACMR shares increased by 0.98%, surpassing the Computer and Technology sector's gain of 0.11% and the S&P 500's loss of 2.2% [1] Group 2 - The upcoming earnings report for ACMR is projected to show earnings of $0.21 per share, reflecting a year-over-year decline of 51.16% [2] - Revenue is estimated to be $178.97 million, indicating a 5.08% growth compared to the same quarter last year [2] Group 3 - Recent changes in analyst estimates for ACMR are important as they reflect near-term business trends and analysts' confidence in the company's performance [3] - The Zacks Rank system, which includes estimate changes, has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [4][5] Group 4 - ACMR has a Forward P/E ratio of 8.56, which is in line with the industry average [6] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [6] Group 5 - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Stock Performance - ACM Research Inc closed at $15 50, down 0 45% from the previous session, underperforming the S&P 500 which gained 1 26%, the Dow which gained 0 8%, and the Nasdaq which added 1 77% [1] - Over the past month, ACM Research Inc shares appreciated by 10 43%, outperforming the Computer and Technology sector's gain of 0 84% and the S&P 500's loss of 2 82% [1] Earnings and Revenue Projections - The company's upcoming EPS is projected at $0 21, a 51 16% drop compared to the same quarter of the previous year [2] - Revenue is anticipated to be $178 97 million, a 5 08% increase from the same quarter last year [2] Analyst Estimates and Revisions - Recent revisions to analyst estimates reflect the latest near-term business trends, with positive revisions indicating optimism about the company's business and profitability [3] - Estimate revisions are directly correlated with near-term share price momentum [4] Zacks Rank and Industry Position - ACM Research Inc currently holds a Zacks Rank of 3 (Hold) [5] - The Zacks Rank system has a track record of outperformance, with 1 ranked stocks yielding an average annual return of +25% since 1988 [5] - The company is trading at a Forward P/E ratio of 8 65, in line with the industry average [6] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 87, placing it in the top 35% of all industries [6] Industry Performance - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, as measured by the Zacks Industry Rank [7]

Core Viewpoint - ACM Research, Inc. (ACMR) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][10]. Earnings Estimates and Stock Performance - The Zacks Rank system classifies stocks based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [4]. - For the fiscal year ending December 2024, ACMR is expected to earn $1.93 per share, reflecting an 18.4% increase from the previous year [5]. - Over the past three months, the Zacks Consensus Estimate for ACMR has increased by 21.7%, indicating a positive shift in analysts' outlook [13]. Market Position and Investor Sentiment - The upgrade places ACMR in the top 5% of Zacks-covered stocks regarding estimate revisions, suggesting potential for near-term stock price increases [8]. - Rising earnings estimates and the subsequent rating upgrade imply an improvement in ACMR's underlying business, which could lead to increased investor interest and stock price appreciation [11]. Influence of Institutional Investors - Changes in earnings estimates are strongly correlated with near-term stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [16].

Group 1 - eGain Corporation (EGAN) has seen a 27.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - ACM Research, Inc. (ACMR) has experienced an 18.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Mission Produce, Inc. (AVO) has reported a 44.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - BlackBerry Limited (BB) has seen a significant 150% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]

Core Viewpoint - ACM Research, Inc. (ACMR) has gained attention as one of the most searched stocks, indicating potential interest from investors and analysts regarding its future performance [1]. Earnings Estimates - For the current fiscal year, the consensus earnings estimate is $1.93, reflecting an increase of +18.4% from the previous year, with no changes in the estimate over the last 30 days [3]. - The expected earnings for the current quarter are $0.21 per share, which represents a significant decline of -51.2% year-over-year, with the estimate remaining unchanged [5]. - For the next fiscal year, the consensus earnings estimate is $1.80, indicating a decrease of -6.7% compared to the previous year, also unchanged over the past month [6]. Revenue Growth Forecast - The consensus sales estimate for the current quarter is $178.97 million, showing a year-over-year growth of +5.1%. For the current and next fiscal years, the revenue estimates are $737.72 million and $910.88 million, indicating growth rates of +32.3% and +23.5%, respectively [15]. Recent Performance - In the last reported quarter, ACM Research achieved revenues of $203.98 million, marking a year-over-year increase of +21%. The earnings per share (EPS) for this period was $0.63, compared to $0.57 a year ago, with a revenue surprise of +6.26% and an EPS surprise of +125% [16]. Valuation Metrics - ACM Research is graded A in the Zacks Value Style Score, suggesting that it is trading at a discount compared to its peers, which is a positive indicator for potential investment [19]. Market Performance - Over the past month, ACM Research shares have declined by -20.7%, contrasting with the Zacks S&P 500 composite's -0.7% change and the Zacks Semiconductor Equipment - Material Services industry's loss of -12.4% [12]. Analyst Ratings - The Zacks Rank for ACM Research is 2 (Buy), indicating a favorable outlook based on recent changes in earnings estimates and other related factors [13][20].

Group 1 - ACM Research, Inc. (ACMR) has experienced significant selling pressure, resulting in a 15.6% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The stock is currently in oversold territory, indicated by a Relative Strength Index (RSI) reading of 27.96, suggesting a potential trend reversal [5][7] - There has been a 21.7% increase in consensus EPS estimates over the last 30 days among sell-side analysts, indicating a positive outlook for the company's earnings [7] Group 2 - ACMR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [8]