Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from ACM Research ( (ACMR) ).
On February 27, 2026, ACM Research (Shanghai), Inc., the Shanghai-listed operating subsidiary of ACM Research, Inc., proposed a 2025 profit distribution plan featuring a cash dividend of RMB 6.233 per 10 shares, with no bonus shares or capital reserve conversion. The payout, based on the share capital at the future equity record date and excluding repurchased shares, totals RMB 299 million, or 21.42% of 2025 net profit attributable to shareholders, and remains subject to approval at the 2026 annual general meeting.
As of December 31, 2025, ACM Shanghai reported distributable profit of RMB 3.34 billion and net profit of RMB 1.40 billion, while also spending RMB 50 million on share repurchases, bringing the combined 2025 shareholder return to 25.00% of net profit. The company explained the sub-30% cash dividend ratio by citing the capital- and technology-intensive nature of semiconductor equipment and its need for substantial ongoing R&D, and confirmed it has not triggered risk-warning conditions under STAR Market rules.
The most recent analyst rating on (ACMR) stock is a Hold with a $49.00 price target. To see the full list of analyst forecasts on ACM Research stock, see the ACMR Stock Forecast page.
Spark’s Take on ACMR Stock
According to Spark, TipRanks’ AI Analyst, ACMR is a Neutral.
The score is driven primarily by solid growth and a generally sound balance sheet, offset by inconsistent/weak cash conversion and clear profitability pressure. Technicals are bearish-to-soft (below key moving averages with negative MACD), while valuation is moderate for a growth semiconductor name. Earnings call factors are mixed: strong 2026 growth outlook and liquidity gains, but margin, shipment timing, and competitive pressures elevate execution risk.
To see Spark’s full report on ACMR stock, click here.
More about ACM Research
ACM Research (Shanghai), Inc. is a semiconductor equipment company focused on technology and process R&D, product design and manufacturing, and providing integrated equipment and process solutions to the global integrated circuit industry. Its platform-based portfolio spans cleaning, electroplating, vertical furnace, coat/develop track, PECVD, stress-free polishing, advanced packaging and silicon substrate manufacturing tools, positioning it in a capital- and technology-intensive segment that demands sustained R&D investment.
Over the past three years, ACM Shanghai has maintained high R&D intensity, spending RMB 2.75 billion, equal to 16.89% of its RMB 16.29 billion in revenue, underscoring a strategy of differentiated international competition and original innovation. The company’s cash dividend ratio over the same period reached 74.61%, indicating a balance between returning cash to shareholders and funding long-cycle, high-barrier equipment development for the semiconductor industry.
Average Trading Volume: 1,496,554
Technical Sentiment Signal: Buy
Current Market Cap: $2.95B
See more insights into ACMR stock on TipRanks’ Stock Analysis page.