Analyst Price Target is $31.33
▼ -9.49% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for ACM Research in the last 3 months. The average price target is $31.33, with a high forecast of $40.00 and a low forecast of $18.00. The average price target represents a -9.49% upside from the last price of $34.62.
Current Consensus is
Hold
The current consensus among 6 investment analysts is to hold stock in ACM Research. This rating changed within the last month from a Moderate Buy consensus rating.
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating. The company 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.
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