ACM Research: Path To $4 Billion Is Now Visible
ACM Research, Inc. is projected to reach $4 billion in revenue, supported by a strong new-product cycle. The company reported a 34% year-over-year revenue growth in Q1 2026, with earnings per share exceeding expectations. Despite risks related to customer dependency and revenue concentration in China, ACMR's balance sheet remains strong as it expands globally.
- ▪ACM Research is rated Buy with a price target of $90, indicating a 25% upside.
- ▪The company's Q1 2026 revenue grew by 34% year-over-year.
- ▪ACMR's shipments have outpaced revenue, suggesting strong growth potential for FY27.
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