Key Takeaways From ACM Research Analyst Ratings
Portfolio Pulse from Benzinga Insights
ACM Research (NASDAQ:ACMR) has received updated analyst ratings in the last three months, with a consensus leaning towards bullish. Five analysts have offered ratings, with one new bullish rating in the last 30 days. The average 12-month price target for ACMR has been raised to $36.00, up 18.69% from the previous target of $30.33. Analysts from Needham and Benchmark have maintained or raised their buy ratings, with price targets adjusted accordingly. ACM Research's financial indicators such as revenue growth, net margin, ROE, ROA, and debt management are highlighted, showcasing the company's strong market position and financial health.
May 09, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
ACM Research has received a bullish outlook from analysts, with a significant increase in the average price target to $36.00, indicating strong confidence in the company's future performance.
The unanimous bullish ratings from analysts, coupled with an upward revision in the 12-month price target, reflect a strong positive sentiment towards ACM Research. The company's solid revenue growth, exceptional net margin, ROE, ROA, and prudent debt management further support the optimistic outlook, suggesting a likely positive short-term impact on ACMR's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100