Summary:
- ACM Research projects a significant revenue increase for Q1 2023, but faces a sharp decline in shipments.
- Analyst consensus suggests a strong upside potential in ACMR stock price.
- Current brokerage recommendations rate ACM Research as "Outperform".
ACM Research Inc. (NASDAQ: ACMR) is navigating a mixed financial landscape as it steps into the first quarter of 2023. The company is aiming for revenues between $165 million and $170 million, showcasing an impressive year-over-year growth of 8.4% to 11.7%. However, projected shipments tell a different story, expected to plummet by 36% to 37%, ranging from $154 million to $157 million. Despite this, ACM Research is holding steady with its full-year revenue forecast between $850 million and $950 million, translating to a growth rate of 9% to 21%.
Wall Street Analysts Forecast
When it comes to market projections, ACM Research Inc. (ACMR, Financial) has caught the attention of five analysts who have set a one-year average price target at $35.26. This reflects a substantial upside of 97.09% from its current trading value of $17.89, with estimates reaching as high as $40.00 and a low of $31.00. More detailed forecasts are available on the ACMR Forecast page.
Further reinforcing investor confidence, ACM Research holds a consensus "Outperform" rating from eight brokerage firms, reflected by an average recommendation score of 2.0. This rating scale, where 1 indicates "Strong Buy" and 5 signals "Sell," positions ACMR on a favorable trajectory.
In alignment with GuruFocus' proprietary metrics, the estimated GF Value for ACM Research in a year stands at $31.84. Such a figure suggests a promising upside of 77.98% from its current price of $17.8899. The GF Value represents a fair trading value, calculated using historical trading multiples, past growth trends, and future performance estimates. Investors seeking a more comprehensive analysis can explore further insights on the ACMR Summary page.
