ACM Research Q1 revenue beats analyst estimates

ACM Research

07/05/2026 11:17

Overview

US semiconductor equipment supplier's Q1 revenue rose yr/yr, beating analyst expectations

Adjusted EPS for Q1 beat analyst expectations

Growth driven by ECP and advanced packaging applications

Outlook

ACM Research maintains 2026 revenue guidance of $1.08 bln to $1.175 bln

Result Drivers

NEW PRODUCT SHIPMENTS - Co cited shipments of new PECVD SiCN system and advanced packaging equipment to global customers as contributing to Q1 growth

CUSTOMER ADOPTION - Co said growth reflected increasing customer adoption of differentiated technologies in high performance applications

R&D AND PRODUCT PORTFOLIO - Co said R&D investments and launch of ACM Planetary Family portfolio enabled industry-leading offerings and supported global customer engagement

Company press release: ID:nGNX9tGRpw

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$231.26 mln
$216.47 mln (6 Analysts)
Q1 Adjusted EPS
Beat
$0.34
$0.20 (3 Analysts)
Q1 EPS
$0.24
Q1 Net Income
$17.31 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

Wall Street's median 12-month price target for ACM Research Inc is $69.00, about 24.6% above its May 6 closing price of $55.38

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 27 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)