ACM Research Reaffirms RMB 8.2-8.8B 2026 Revenue Guidance, Citing Strong Orders
ACMR has more than doubled off its 52-week low of $23.03 on elevated volume (2.0× avg).
Summary
ACM Research's subsidiaries reported 65% year-over-year new order growth in Q1 2026 and reiterated their full-year 2026 revenue guidance of RMB 8.2 billion to RMB 8.8 billion. This update, based on a new 8-K filing, follows previous reports of strong Q1 order growth in May. The reaffirmed guidance, alongside operational progress like the Lingang mini-line speeding product validation and electroplating systems now comprising 30% of new orders, reinforces the company's positive outlook. The upcoming commissioning of Plant B is projected to increase combined annual output value to approximately RMB 20 billion.
At the time of this announcement, ACMR was trading at $112.89 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.6B. The 52-week trading range was $23.03 to $110.18. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.