Analysts' Opinions Are Mixed on These Technology Stocks: Unity Software (NYSE: U), ACM Research (NASDAQ: ACMR) and Sonos (NASDAQ: SONO)7:48 PM 2025 ESTIMATE CHANGE Semiconductor Equipment & Materials ACM Research, Inc. (ACMR) RATING HOLD PRICE TARGET NA PREV CLOSE $38.90 52-WEEK RANGE $13.87 - $45.12 Weakness ACM Research reported a mixed 3Q25, with revenue +25% QoQ and above our estimate, with shipments +27.5% QoQ. Non-GAAP gross margin of 42.1% was below our 48% estimate, driven lower QoQ by lower mix and inventory write-downs. CY25 revenue guidance was maintained, though now with a more narrow range, and 4Q25 is expected -10% QoQ, with our estimated shipments -5% QoQ, but NG GMs could go higher as 3Q headwinds abate.