Why did ACM Research (ACMR) stock move recently?

On 8/4/2026, ACM Research moved +4.9% — No specific company catalyst or filing was identified for the gain; ACM Research shares rose in line with the broader market or sector. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is ACM Research (ACMR) overvalued or fairly valued?

MarketChacha shows ACM Research's valuation in context — a trailing P/E of about 35.2, a forward P/E of about 31.6, a price-to-book of about 3.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is ACM Research's revenue?

ACM Research reported revenue of $901.3M for FY2025, with net profit of $94.1M, per official filings.

What is the share price of ACM Research (ACMR)?

ACM Research last traded at $85.64 (+5.5% on the day), as of 8/17/2026 — a delayed quote shown for education, not investment advice.

ACM Research

ACMR · NYSE · Technology · United States

Snapshot

TickerACMR

ExchangeNYSE

SectorTechnology

IndustrySemiconductor Equipment & Materials

CountryUnited States

CEOMr. Jian Wang

Employees2,513

HeadquartersFremont, United States

Websitewww.acmr.com

Filings tracked25

About ACM Research

ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment in Mainland China and internationally. It also develops, manufactures, and sells a range of packaging tools to wafer assembly and packaging customers. The company provides wet cleaning equipment for front end production processes; electrochemical plating, furnace, PECVD, and track platforms; Space Alternated Phase Shift, technology for flat and wafer surfaces; timely energized bubble oscillation, technology for patterned wafer surfaces at advanced process nodes; and Tahoe technology; and semi-critical cleaning tools. It also offers advanced packaging equipment, such as coaters, developers, photoresist strippers, scrubbers, wet etchers and copper-plating equipment; and advanced packaging products include: Ultra ECP ap, which delivers a uniform metal layer to finished wafers prior to packaging; Ultra C Developer, which applies liquid developer to selected parts of photoresist to resolve an image; Ultra C PR Megasonic-Assisted Stripper, which removes photoresist; Ultra C Scrubber, which scrubs and cleans wafers; Ultra C Thin Wafer Scrubber, which addresses a sub-market of cleaning very thin wafers for certain Asian assembly factories; and Ultra C Wet Etcher, which etches silicon wafers and copper and titanium interconnects. In addition, the company provides ECP technology for advanced metal plating; Ultra fn Furnace, a dry processing tool; Ultra Pmax PECVD tools, a proprietary designed chamber, gas distribution unit, and chuck; and Ultra Track, a 300mm process tool that delivers uniform air downflow, fast robot handling and configurable software to address specific customer requirements. It markets and sells its products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.

Who owns it

Insiders12.7%
Institutions82.7%
Public & other4.6%

501 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.13.39%
Vanguard Portfolio Management LLC5.18%
Vanguard Capital Management LLC3.81%
Capital World Investors3.71%
State Street Corporation3.38%
Geode Capital Management, LLC2.30%
Janus Henderson Group PLC1.68%
WFM ASIA (BVI) Ltd1.50%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Over 3 years only 0.24× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion0.24×

Net margin trend13.9% → 10.4%

Margin has compressed by about 3.4 points over the period — profitability is trending down.

Return on equity6.4%

Latest ROE of 6.4% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 27% · PAT 10%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $342.4M · EPS 0.56

Est. earnings growth +124.0%

Next fiscal year

Rev $1.5B · EPS 2.71

Est. earnings growth +34.8%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$901.3M

Net margin

10.4%

ROE

6.4%

Revenue CAGR (2y)

+27.1%

Profit CAGR (2y)

+10.3%

EPS (FY2025)

1.37

Net profit (FY2025)

$94.1M

Ask MarketChacha about ACMR

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 4, 2026
No specific company catalyst or filing was identified for the gain; ACM Research shares rose in line with the broader market or sector.
· confidence: low
Jul 29, 2026
No specific company catalyst identified; the decline appears to reflect broader sector or market pressure ahead of expected earnings later in the week.
· confidence: low
Jul 28, 2026
No specific company news, earnings, or filing appears to have triggered the drop; ACMR continued a recent pullback amid valuation concerns highlighted in prior coverage.
· confidence: low
Jul 27, 2026
ACM Research shares fell with no identifiable company-specific catalyst or filing; recent coverage focused on valuation concerns and the stock traded lower on light volume.
source 1 ↗source 2 ↗· confidence: low
Jul 24, 2026
No company-specific catalyst identified for the decline; ACMR moved lower alongside broader semiconductor equipment stocks and the market, with next quarterly results not due until August 7.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$901.3M	$94.1M	1.37	10.4%	6.4%
FY2024	$782.1M	$103.6M	1.53	13.2%	11.5%
FY2023	$557.7M	$77.3M	1.16	13.9%	10.1%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$292.9M	$89.0M	1.23	30.4%
2026Q1	$231.3M	$17.3M	0.24	7.5%
2025Q3	$269.2M	$35.9M	0.52	13.3%
2025Q2	$215.4M	$29.8M	0.44	13.8%
2025Q1	$172.3M	$20.4M	0.30	11.8%
2024Q3	$204.0M	$30.9M	0.45	15.2%
2024Q2	$202.5M	$24.2M	0.35	12.0%
2024Q1	$152.2M	$17.4M	0.26	11.5%
2023Q3	$168.6M	$25.7M	0.39	15.2%
2023Q2	$144.6M	$26.8M	0.41	18.6%
2023Q1	$74.3M	$7.1M	0.11	9.6%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/7/2026
8-K — Results of operations, Exhibits
SEC8/7/2026material
8-K — Other events, Exhibits
SEC6/22/2026material
8-K — Shareholder vote results
SEC6/12/2026material
8-K — Other events, Exhibits
SEC5/29/2026material
8-K — Other events, Exhibits
SEC5/22/2026material
8-K — Other events
SEC5/15/2026material
8-K — Material agreement, Exhibits
SEC5/12/2026material
10-Q filing
SEC5/8/2026
8-K — Results of operations, Exhibits
SEC5/7/2026material
8-K — Results of operations, Exhibits
SEC4/27/2026material
8-K — Other events, Exhibits
SEC4/17/2026material
8-K — Other events, Exhibits
SEC3/24/2026material
8-K — Other events, Exhibits
SEC3/19/2026material
10-K filing
SEC3/2/2026
8-K — Results of operations, Exhibits
SEC2/26/2026material
8-K — Other events, Exhibits
SEC2/6/2026material
8-K — Other events, Exhibits
SEC2/4/2026material
8-K — Other events, Exhibits
SEC2/3/2026material
8-K — Other events, Exhibits
SEC1/30/2026material
8-K — Results of operations, Exhibits
SEC1/22/2026material

2025

8-K — Other events, Exhibits
SEC11/21/2025material
10-Q filing
SEC11/6/2025
8-K — Results of operations, Exhibits
SEC11/5/2025material
8-K — Results of operations, Exhibits
SEC10/29/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.