Benchmark Co. Maintains Buy Rating on ACM Research (ACMR) Stock

ACM Research, Inc. (NASDAQ:ACMR) is one of the Most Undervalued Semiconductor Stocks to Buy According to Analysts. On June 11, Benchmark Co. analyst Mark Miller maintained a “Buy” rating on the company’s stock and set a price objective of $38.00. The analyst’s rating is backed by a combination of factors, which include significant market opportunities and strategic geographic expansion. ACM Research, Inc. (NASDAQ:ACMR)’s commitment to expanding presence in the US and Korea, together with established operations in Europe, places it for growth.

Benchmark Co. Maintains Buy Rating on ACM Research (ACMR) Stock

Close-up of a worker wearing protective gear inspecting a silicon wafer in a laboratory.

Furthermore, it also tends to benefit from the majority ownership in ACM Shanghai, which happens to be financially rewarding via dividends. The analyst believes that, with a healthy outlook for shipment growth in 2025 as well as a long-term sales model, ACM Research, Inc. (NASDAQ:ACMR) exhibits robust potential for success. ACM Research, Inc. (NASDAQ:ACMR) posted revenues of $172.3 million in Q1 2025, up 13.2%, showcasing increased sales of single wafer cleaning, Tahoe and semi-critical cleaning equipment and ECP (front-end and packaging), furnace, and other technologies.

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Disclosure: None. This article is originally published at Insider Monkey.