ACM Research (ACMR) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.61
- Estimate
- $0.34
- Surprise
- +81.2%
- Revenue (period 2026-06-30)
- $292.9M
- Score at report (before → after)
- 6.0 → 5.9/10
Revenue source: xbrl.
How the report landed
ACM Research (ACMR) beat the $0.34 estimate with adjusted EPS of $0.61 — a large 81.2% upside surprise. TrendMatrix's engine moved from Sell (6.0/10) to Hold at 5.9/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ACMR Hold at 6.8/10.
2 of the last 4 quarters beat the estimate; this quarter's +81.2% surprise compares with a +21.0% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Positive news sentiment (+0.67)
- Strong growth profile
What argues against it
- Concentration risk — Geographic: mainland China
- Concentration risk — Product: single wafer cleaning, Tahoe and semi-critical cleaning equipment (69.5%)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.4)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $75.85
- Price target
- $100.81
- Stop
- $70.54
- Upside to target
- +32.9%
- Reward-to-risk
- 2.2:1
The stock trades at 36.5× trailing but 27.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
ACMR at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductor Equipment & Materials
- Market cap
- $5.62B
- P/E (fwd)
- 27.9
- P/E (ttm)
- 36.5
- 52-week range
- $28.46–$127.19
- Off 52-week high
- 40.4%
- RSI (14)
- 58
- Volume vs avg
- 0.93×
- Score today
- 6.8/10