Surging Earnings Estimates Signal Upside for ACM Research, Inc. (ACMR) Stock

Core Viewpoint - ACM Research, Inc. (ACMR) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates [1][2]. Current-Quarter Estimate Revisions - The expected earnings for the current quarter are $0.36 per share, reflecting a year-over-year increase of +140% [3]. - Over the past 30 days, the Zacks Consensus Estimate for ACM Research has risen by 116.67%, with one estimate moving higher and no negative revisions [3]. Current-Year Estimate Revisions - For the full year, the earnings estimate stands at $1.62 per share, indicating a slight decrease of -0.61% from the previous year [4]. - The consensus estimate for the current year has increased by 15.09%, with one estimate moving higher and no negative revisions [4]. Favorable Zacks Rank - ACM Research has achieved a Zacks Rank 1 (Strong Buy) due to positive estimate revisions, which is a reliable indicator for investors [5]. - Research indicates that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [5]. Bottom Line - Strong estimate revisions have led to a 77.3% increase in ACM Research's stock price over the past four weeks, suggesting potential for further upside [6].