Core Viewpoint - ACM Research (ACMR) is identified as a strong buy with a forward PE of less than 10x, making it attractive to investors despite a recent stock slide after Liberation Day [1] Company Overview - ACM Research, Inc. specializes in the development, manufacture, and sale of single-wafer wet cleaning equipment for semiconductor manufacturers, enhancing product yield by removing contaminants [2] Earnings History - The company has achieved four consecutive earnings beats with an average positive surprise of 97% over the last year, including a recent earnings print of $0.56 against a consensus of $0.26, resulting in a 115% positive surprise [4] Earnings Estimates Revisions - Earnings estimates for ACM Research have been revised upwards, with the current quarter estimate moving from $0.37 to $0.18, next quarter from $0.35 to $0.49, and full year 2025 from $1.80 to $2.15, while 2026 estimates increased from $2.30 to $2.50 [5] Growth Projections - Revenue for 2025 is projected to be around $928 million, reflecting an 18.7% growth, with next year's sales expected to exceed $1 billion, indicating a 16.3% growth; the most recent quarter showed a topline growth of 31% [6] Valuation Metrics - ACM Research's forward PE stands at 9.7x, significantly lower than the market multiple of 18x and the industry average of 26x; the price to book ratio is at 1.1x, and price to sales is just under 1.55x, with operating margins increasing from 12.31% to 13.12% [7]