Amkor Technology (NASDAQ:AMKR) Releases Quarterly Earnings Results, Beats Estimates By $0.26 EPS

Amkor Technology (NASDAQ:AMKR) issued its quarterly earnings results on Monday. The semiconductor company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26, FiscalAI reports. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same period last year, the business posted $0.43 earnings per share. Amkor Technology’s revenue was up 15.9% on a year-over-year basis. Amkor Technology updated its Q1 2026 guidance to 0.180-0.280 EPS.

Here are the key takeaways from Amkor Technology’s conference call:

• Amkor beat expectations in Q4 with $1.89B revenue and $0.69 EPS, closed 2025 with revenue up 6% to $6.7B and record advanced packaging and computing revenue.
• Management expects strong 2026 top‑line momentum — Q1 guide midpoint of $1.65B (+25% YoY) and full‑year computing growth above 20%, driven by AI/HPC demand.
• 2026 capital spending will jump to $2.5–3.0B, largely front‑loaded for facility expansion (65–70% for Arizona phase one) and equipment, with minimal government incentive offsets reflected in the 2026 guide.
• Strategic execution progressing — two additional HDFO programs in final qualification, multiple HDFO CPU ramps targeted in H2 2026, and Vietnam reached break‑even in Q4, freeing Korea capacity for advanced packaging and test.
• Balance sheet provides flexibility with year‑end cash/short‑term investments of $2.0B, total liquidity of $3.0B and modest leverage (debt $1.4B, ~1.2x debt/EBITDA), plus customer commitments and potential government funding.

Amkor Technology Stock Up 6.4%

Shares of NASDAQ:AMKR opened at $52.52 on Tuesday. The company has a market cap of $12.98 billion, a price-to-earnings ratio of 42.02 and a beta of 2.00. Amkor Technology has a one year low of $14.03 and a one year high of $55.17. The firm has a fifty day moving average price of $45.99 and a two-hundred day moving average price of $34.67. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.60.

Amkor Technology Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd were issued a $0.0835 dividend. This represents a $0.33 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Wednesday, December 3rd. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s payout ratio is 26.40%.

Key Headlines Impacting Amkor Technology

Here are the key news stories impacting Amkor Technology this week:

• Positive Sentiment: Q4 beat: Amkor reported $0.69 EPS vs. consensus ~$0.43 and revenue of $1.89B (up 15.9% YoY); gross and operating margins expanded, and cash from operations was strong — these fundamental beats are the primary driver of the rally. Investing.com: Amkor posts better-than-expected Q4
• Positive Sentiment: Growth outlook and capacity ramp: Management projects >20% computing growth for 2026 and is advancing the Arizona expansion and HDFO ramp — a multiyear growth driver that supports higher revenue and utilization. Seeking Alpha: Amkor projects >20% computing growth
• Positive Sentiment: Official results and disclosures: Company release and slide deck provide detail on segment performance, capex plan and the outlook that underpinned positive analyst commentary. BusinessWire: Amkor reports Q4 & full-year results
• Neutral Sentiment: Mixed Q1 guidance: Amkor gave Q1 EPS guidance of $0.18–$0.28 (consensus ~ $0.23) and revenue guidance above street expectations, which is a mixed signal — revenue guidance implies continued demand but EPS range is wide. Company presentation / press materials
• Neutral Sentiment: Analyst attention and industry tailwinds: Several analysts have revised forecasts ahead of/after the call and the semiconductor packaging sector benefits from AI/compute demand; this supports sentiment but creates dispersion in price targets. Zacks: semiconductor industry note including AMKR
• Negative Sentiment: Inventory and capital intensity concerns: Reports note higher inventory levels and substantially increased capex and liabilities year-over-year, which may worry investors about working capital and near-term cash requirements. Yahoo Finance: Inventory levels increase
• Negative Sentiment: After-hours/insider selling & market reaction: Some outlets reported after-hours share weakness despite the beat and recent insider sales disclosures, which can amplify volatility and investor caution. Quiver Quant: after-hours weakness and insider activity

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AMKR shares. The Goldman Sachs Group reissued a “neutral” rating on shares of Amkor Technology in a report on Friday, January 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, January 21st. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. DA Davidson raised their target price on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Finally, UBS Group cut Amkor Technology from a “buy” rating to a “neutral” rating and upped their price target for the company from $38.00 to $55.00 in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $39.14.

Insider Activity at Amkor Technology

In other Amkor Technology news, EVP Kevin Engel sold 11,000 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $46.21, for a total value of $508,310.00. Following the transaction, the executive vice president directly owned 349 shares in the company, valued at $16,127.29. This represents a 96.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $49.28, for a total value of $246,400.00. Following the sale, the executive vice president owned 23,862 shares of the company’s stock, valued at approximately $1,175,919.36. This trade represents a 17.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 96,000 shares of company stock valued at $4,085,910 in the last ninety days. 26.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Amkor Technology

Hedge funds and other institutional investors have recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in Amkor Technology by 18.4% in the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock worth $119,607,000 after acquiring an additional 653,489 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Amkor Technology by 305.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock worth $44,719,000 after buying an additional 1,186,313 shares in the last quarter. Invesco Ltd. grew its stake in Amkor Technology by 133.7% during the third quarter. Invesco Ltd. now owns 1,229,931 shares of the semiconductor company’s stock valued at $34,930,000 after acquiring an additional 703,617 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Amkor Technology by 132.4% during the 3rd quarter. Wellington Management Group LLP now owns 659,806 shares of the semiconductor company’s stock worth $18,738,000 after buying an additional 375,924 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Amkor Technology by 197.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 616,511 shares of the semiconductor company’s stock valued at $17,509,000 after buying an additional 408,941 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.