• In January 2026, ACM Research updated its full-year 2025 revenue outlook to US$885 million–US$900 million and issued new 2026 guidance of US$1.08 billion–US$1.18 billion, reflecting its latest view on trade policy, customer spending, and supply-chain conditions.

• The company also highlighted plans to ramp up investments in Oregon and emphasized expected contributions from newer semiconductor cleaning and furnace tools to its future revenue mix.

• Next, we’ll explore how this refreshed guidance, particularly the planned Oregon capacity expansion, reshapes ACM Research’s broader investment narrative.

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To own ACM Research, you need to believe that its expanding tool portfolio and geographic footprint can keep attracting wafer fab dollars despite trade and spending crosscurrents. The updated 2025 revenue range of US$885 million to US$900 million and new 2026 outlook of US$1.08 billion to US$1.18 billion clarify management’s near term expectations without meaningfully changing the core equity story of gaining share with newer cleaning, plating and furnace systems. The announced ramp in Oregon fits neatly into that thesis by adding capacity closer to customers focused on domestic production, which could support order momentum if those programs stay funded. At the same time, it sharpens existing risks around execution, capital intensity, and any future shifts in trade policy that might affect ACM’s China business and global supply chain.

However, one key risk around geographic and policy exposure is easy to underestimate. ACM Research’s share price has been on the slide but might be up to 5% below fair value. Find out if it’s a bargain.

Three Simply Wall St Community fair value estimates cluster between US$36.18 and US$47.34, underscoring how differently individual investors frame ACM Research’s upside. Set that against the latest Oregon expansion plans and refreshed revenue guidance, and you can see why viewpoints on future execution and policy risk vary so widely.

Explore 3 other fair value estimates on ACM Research – why the stock might be worth 27% less than the current price!

Disagree with this assessment? Create your own narrative in under 3 minutes – extraordinary investment returns rarely come from following the herd.

• A great starting point for your ACM Research research is our analysis highlighting 4 key rewards that could impact your investment decision.

• Our free ACM Research research report provides a comprehensive fundamental analysis summarized in a single visual – the Snowflake – making it easy to evaluate ACM Research’s overall financial health at a glance.