Zacks Research downgraded ACM Research from Strong Buy to Hold on October 8, 2026.
The semiconductor equipment developer has seen significant insider selling. Insider David H. Wang recently sold $5.2 million worth of shares. Insiders own 24.36% of the company, while institutional investors hold 66.75%.
The broader analyst consensus remains Moderate Buy. The average price target is $122.75.
ACM Research reported quarterly earnings per share of $0.61, beating the $0.42 estimate. Revenue rose 36% year over year to $292.92 million.
The stock fell nearly 9% on October 5, 2026, after a period of gains.