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ACACMR

ACM Research, Inc.

Strong FundamentalsStrong FundamentalsRevenue growing 34% YoY at strong marginsStreet coverage with positive forward estimatesConsistent chatter on X (428/wk), no spike
$ACMR·$6.7B·Semiconductors·Technology
$126.89+6.7%YTD+190.0%1Y+359.0%
Mentions · last 7 days
2026-06-22: 12 posts2026-06-23: 10 posts2026-06-24: 20 posts2026-06-25: 14 posts2026-06-26: 12 posts2026-06-27: 351 posts2026-06-28: 9 posts428+411%
Price updated 12m ago·X counts updated 2d ago
ACACMR
$ACMRACM Research, Inc.
$126.89+6.74%428 posts+411%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $ACMR, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersAcceleratingAI verdict · as of 2026-06-27

The move is getting stronger, with heavier trading behind it.

ACM Research up 294% TTM on China-memory capex — Morgan Stanley at $130, but founder Wang sold $3.4M into the move.

ACM Research is the US-listed semiconductor wet-processing equipment company with primary manufacturing in Shanghai through ACM Research (Shanghai) — sells cleaning and surface-prep tools to Chinese memory and logic fabs. The stock is up 294% TTM as the China memory capex cycle accelerates with CXMT and YMTC IPOs approaching.

What's actually working:

  • Revenue is genuinely accelerating: Q1 revenue +34% YoY at $231M with operating margin holding 12% and EPS of $0.26 — for a semi-cap-equipment company with Chinese memory and logic fab exposure, those are the metrics of a cycle upturn; the trajectory has been compounding for multiple quarters.
  • Morgan Stanley raised target to $130 from $90 (Overweight) explicitly citing back-end optionality — and the new 2x Corgi ACMM ETF launching today is structural retail-flow validation; combined with the Oregon production-facility expansion bringing leading tech to the US, the cohort positioning is real.
  • The structural China-memory capex story is concrete: CXMT and YMTC's upcoming Chinese memory IPOs require continued capacity additions; ACMR is one of the few US-listed pure-plays positioned to capture that wave through the Shanghai listing relationship.
  • The insider supply is meaningful: founder David Wang sold $3.4M at $85.80 on June 4 (exercising at $1 strike) and officer Cheav sold $449K at $83.18 on June 5 — these are coordinated option-exercise-and-sell patterns into the rally, and the dollar size signals informed near-term realization.

The Aug 5 Q2 print is the next test — needs revenue growth holding above 30% plus continued Chinese memory commentary supporting the cycle to extend the move toward $130 (Morgan Stanley's target). A revenue disappointment or any commentary on US export controls tightening combined with the recent founder selling is what would cool this and re-test the $80-$85 zone.

Agrees with X sentimentX has the CXMT and YMTC capex flow framing right and Morgan Stanley's $130 target raise to $90 is concrete sell-side validation. The 2x Corgi ACMM ETF launch is structural retail-flow validation. The Oregon expansion bringing leading tech to the US addresses the geopolitical-risk overhang. The chatter underweights founder Wang's $3.4M June 4 selling — that's the load-bearing insider supply signal.

What to watch: Aug 5 Q2 earnings: revenue growth holding above 30% plus continued Chinese memory commentary supporting the cycle extends the move toward $130 (Morgan Stanley's target). A revenue disappointment or commentary on US export controls tightening combined with the recent founder selling is what would cool this and re-test the $80-$85 zone.

On the calendar: 2026-08-05 — Q2 2026 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment12 posts analyzed · as of 2026-06-29

Morgan Stanley analyst Charlie Chan raised PT to $130 from $90 (Overweight) citing CXMT/YMTC capex acceleration and advanced-packaging optionality in Taiwan. The SemiAnalysis CXMT piece dropped with wafer capacity ramping into and out of the IPO - CXMT and YMTC capex flows directly into ACMR. The Corgi ACMR 2x Daily ETF (ACMM) is now trading. Bullish call-spread OI changes confirmed. ACMR is part of the semi-equipment cohort holding up (alongside ICHR, AMKR, ENTG). Bear voice notes the 8K did not raise guidance. Tone is bullish on the CXMT capex story and PT raise.

Read the AI verdict + X sentiment for $ACMR

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  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
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What it does

Plain-English summary of the business — what they sell and how they make money.

Makes single-wafer wet-cleaning semiconductor equipment used in advanced chip fabrication processes worldwide.

Industry overviewAI analysisGenerated by AI from underlying data

Where Semiconductors sits in its cycle right now — and what that implies for $ACMR.

Semiconductors · Technology

Hyperscaler AI capex remains the structural engine — Goldman Sachs' $1T+ AI infrastructure spend forecast for 2027 validates no capex retreat, keeping NVDA Blackwell allocation tight through 2H26. HBM3e pricing holds as LLM context-window expansion drives 5-8x per-server memory requirements vs. prior cycles, with Micron's June 24 earnings the week's key data point.

What this means for $ACMR

Direct beneficiary — ACM Research's wafer-cleaning equipment is a direct input to AI chip fabrication; its China fab exposure gives outsized sales leverage as local AI chip investment accelerates.

Top industry ETF

$SMHVanEck Semiconductor ETF
+71.3%YTD
+126.6%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
55.2How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
4.4%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
12.5%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-2.2%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
5.1Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
6.7%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
44.2%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.2Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026May 7, 2026$0.34$0.26+33.3%
Q4 2025Feb 26, 2026$0.25$0.39-35.9%
Q3 2025Nov 5, 2025$0.36$0.47-23.4%
Q2 2025Aug 6, 2025$0.54$0.42+28.6%
Next earningsWed, Aug 5·consensus EPS $0.30

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$231.3M+34.2%46.4%15.6%$0.26$-51.7M
Q4 FY25$244.4M+9.4%40.9%9.4%$0.12$18.9M
Q3 FY25$269.2M+32.0%42.0%10.7%$0.56$-15.6M
Q2 FY25$215.4M+6.4%48.5%14.7%$0.47$-60.0M

Forward consensus

5-year forecast · up to 5 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$1.2B$1.1B – $1.2B$2.00$1.85 – $2.195
FY27$1.4B$1.3B – $1.5B$2.84$2.63 – $3.125
FY28$1.9B$1.9B – $1.9B$4.31$3.63 – $5.273
FY29$2.2B$2.1B – $2.3B$4.21$3.90 – $4.622
FY30$2.5B$2.4B – $2.7B$5.12$4.74 – $5.611

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.3×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.98%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+58.4%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+129.2%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 58.4M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today4.3% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.985-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJun 5Sotheara CheavSee remarks5.4K sh$449KSellJun 4Sotheara CheavSee remarks13.4K sh$1.1MSellJun 4David H WangSee Remarks40.0K sh$3.4MSellJun 3David H WangSee Remarks60.0K sh$5.4MSellMay 19Haiping DunDirector5.0K sh$331KSellApr 17Charles C PappisDirector5.0K sh$260KSellMar 12David H WangSee Remarks49.3K sh$2.2MSellMar 12Mark MckechnieSee Remarks98.6K sh$4.5MSellMar 11David H WangSee Remarks55.4K sh$2.7M
+ 9 other (9 exempts) in window

See when $ACMR insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KShareholder voteJun 128-K — Item 5.07: Shareholder vote
AI summary

ACM Research, Inc. held its 2026 Annual Meeting on June 10, 2026, with combined Class A and Class B votes representing 135,814,497 total votes (84.32% of outstanding). Shareholders elected four directors — David H. Wang, Haiping Dun, Tracy Liu, and Charles Pappis — each to serve until the 2027 annual meeting; and ratified Ernst & Young Hua Ming LLP as auditor. Routine governance vote; Class B shares carry 20 votes each, concentrating control with insiders.

424B5Prospectus supplement (offering)May 12424B5
AI summary

ACMR (ACMR) filed a 424B5 prospectus supplement for a securities offering. The offering involves securities valued at approximately $0. The 424B5 is filed under an effective shelf registration, enabling rapid capital markets execution. Proceeds are expected to be used for general corporate purposes including potential acquisitions, debt reduction, or operational funding.

8-KMaterial agreementMay 128-K — Item 1.01: Material agreement
AI summary

ACMR (ACMR) disclosed a material definitive agreement under Item 1.01, reporting a merger or acquisition transaction involving growth company as defined in Rule. The deal is valued at approximately $149,849,980 million. Details of the transaction terms, consideration structure, and closing conditions are set forth in the full 8-K filing. Definitive merger agreements are among the most material events a public company can disclose, triggering regulatory review and shareholder vote requirements.

+ 21 other (11 routine 8-Ks · 4 earnings 8-Ks · 2 13Gs · 1 10-Q) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

ACM Research Inc (ACMR) Shares Surge 5.2% -- What GF Score of 82 Tells Investorsgurufocus.com·5d agoACM Research Inc (ACMR) Shares Fall 6.1% -- What GF Score of 82 Tells Investorsgurufocus.com·8d agoACM Research, Inc. (ACMR) Falls More Steeply Than Broader Market: What Investors Need to Knowzacks.com·8d agoACM Research, Inc. (ACMR) Is a Trending Stock: Facts to Know Before Betting on Itzacks.com·14d agoACM Research, Inc. (ACMR) Surpasses Market Returns: Some Facts Worth Knowingzacks.com·18d ago

In themes

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Voices on X · top 8 · last 7 days

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