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.

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.

While we acknowledge the potential of ACMR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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