ACM Research reported a strong Q3 with revenue up 36.6% and raised its full-year 2026 growth guidance to 40% at the midpoint. Despite improved operating margins and strong liquidity of $1.32 billion against $148 million debt, the stock price fell 70% from its highs due to negative sentiment across the sector. The company saw some margin softness from faster growth in lower-margin segments but overall fundamentals remain solid. An upgrade to buy is recommended, anticipating a recovery as market panic eases and demand stays strong.
ACM Research's stock price on Pluang is currently USD 41.96 as of Nov 06, 2026 20:02 WIB, showing a 6.74% increase in one day. This price remains significantly below its 52-week high of USD 126.89 but comfortably above the 52-week low of USD 29.67. The platform data also indicates strong buying interest with 100% buy orders and a typical hold time of 23 days, highlighting investor confidence despite the recent sector-wide negative sentiment.
