Positive: ACMR expects significant revenue growth, gains in market share, and expanding international footprint.

From Zacks Investment Research: 2025-01-16 12:40:08

ACM Research (ACMR) expects 2025 revenues between $850 million and $950 million, showing an 18% growth compared to 2024. Strong demand for wafer processing solutions is the main driver. The company anticipates manageable impact from U.S. component export restrictions on its supply chain. ACMR shares have risen 15% since Jan. 2 and 17% in the past month.

ACMR’s cleaning business is used in 90% of all cleaning process steps and addresses a market worth $6 billion. The company is gaining market share in cleaning with its sulfuric acid peroxide mixing (SPM) offering. ACMR’s Ultra C Tahoe solution is expected to benefit from the growing demand for AI chip manufacturing.

ACM Research benefits from an expanding international footprint, aiming to generate half of its revenues outside of China in the long term. The company expects to generate $3 billion in revenues over the long term. ACMR’s earnings estimate for 2025 is $1.80 per share, with a consistent track record of beating estimates. The stock is trading above the 50-day and 200-day moving averages, indicating a bullish trend.



Read more at Zacks Investment Research: ACMR’s 2025 Top-Line View is Impressive: Buy or Hold the Stock? – January 16, 2025