January 22, 2026
Finance

ACM Research Elevates 2026 Revenue Expectations Amid Capacity Expansion Plans

Shares approach yearly highs as company adjusts 2025 forecast and signals growth from technological advancements

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Summary

ACM Research, Inc. has updated its revenue predictions for 2025 and set an optimistic forecast for 2026, anticipating significant growth driven by increased production capacity and product innovation. The firm projects revenue between $1.08 billion and $1.175 billion for 2026, surpassing analyst estimates. Following these updates, the company's stock approached its 52-week peak during premarket trading.

Key Points

ACM Research updated its 2025 revenue forecast to $885 million–$900 million, slightly adjusting previous guidance but aligning with analyst expectations.
The company projects 2026 revenues between $1.08 billion and $1.175 billion, exceeding the market consensus of $1.05 billion.
Growth drivers include expanded production capacity and new technologies such as single-wafer SPM cleaners, Tahoe cleaning tools, and the Furnace series.
Ongoing investments in Oregon aim to support the semiconductor industry's shift toward domestic manufacturing.

ACM Research, Inc., listed on NASDAQ under the ticker ACMR, experienced a notable rise in its stock price on Thursday fueled by its recent revisions to revenue estimates and forward-looking guidance. The semiconductor equipment company raised its 2025 revenue forecast slightly while projecting substantial growth for 2026 that exceeded prevailing analyst expectations.

Previously, ACM Research had predicted revenues for 2025 in a range from $875 million to $925 million. The updated guidance narrows this projection to $885 million to $900 million, which positions the company near the lower end of the original estimate band but still in line with market consensus, which is approximately $904.47 million. This adjustment reflects a more conservative stance on near-term sales while maintaining confidence in continued stable performance.

Looking further ahead, ACM Research outlined a robust 2026 revenue outlook, anticipating earnings between $1.080 billion and $1.175 billion. This forecast surpasses the consensus projection of $1.05 billion held by market analysts, signaling strong growth prospects. The upward revision is supported by management’s expectations of ongoing investments in production capacity expansion, which should support increased sales volumes.

Key to this growth trajectory are a series of new product offerings including single-wafer SPM cleaners, Tahoe cleaning tools, and the Furnace series. According to ACM Research’s President and CEO, Dr. David Wang, these innovative products are expected to drive market share gains as they gain traction with customers. Dr. Wang emphasized that industrial spending on wafer fabrication equipment (WFE) is anticipated to remain relatively stable, providing a stable demand environment for ACM’s advanced cleaning solutions.

In addition to product-driven growth, ACM Research is strategically accelerating investments in Oregon to facilitate the broader industry transition toward domestic semiconductor manufacturing. This regional expansion aims to position the company favorably within the evolving supply chain landscape, potentially unlocking new opportunities aligned with governmental and industry initiatives supporting local production.

The company intends to announce its fourth quarter and full-year 2025 financial results in late February 2026, which will provide further clarity on the realization of these projections and operational execution.

Regarding market response, ACM Research’s shares gained 2.39% in premarket trading on Thursday, reaching $54.73. This advance places the stock close to its 52-week high of $54.82, a level that reflects positive investor sentiment following the company’s announcements.


In summary, ACM Research is positioning itself for accelerating top-line growth through both its next-generation product lineup and capacity investments amid a stable industry spending environment. The company’s trajectory is supported by management’s focus on innovation, operational scaling, and geographic expansion aligned with domestic semiconductor manufacturing trends.

Risks
  • Revenue forecast for 2025 has been narrowed toward the lower end of the previous range, potentially indicating cautious near-term operational conditions.
  • The company’s growth is dependent on stable wafer fabrication equipment spending, which if disrupted could impact sales projections.
  • Execution risks related to capacity expansion and product market penetration may affect future revenue realization.
  • The timing and impact of investments in domestic manufacturing facilities remain subject to external industry and regulatory influences.
Disclosure
Education only / not financial advice
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