Amkor Technology (NASDAQ:AMKR – Get Free Report) updated its FY 2030 earnings guidance on Thursday. The company provided earnings per share guidance of 5.000- for the period. The company issued revenue guidance of $11.0B-. Amkor Technology also updated its FY 2028 guidance to 2.250-2.750 EPS.
Wall Street Analysts Forecast Growth
A number of research firms have commented on AMKR. B. Riley Financial lifted their price objective on shares of Amkor Technology from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Needham & Company LLC lifted their price objective on shares of Amkor Technology from $65.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Melius Research raised shares of Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a report on Monday, April 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a report on Monday, April 20th. Finally, Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Amkor Technology has an average rating of “Hold” and a consensus price target of $62.75.
View Our Latest Stock Analysis on Amkor Technology
Amkor Technology Stock Performance
Amkor Technology (NASDAQ:AMKR – Get Free Report) last posted its earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.10. The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The firm’s quarterly revenue was up 27.5% compared to the same quarter last year. During the same period last year, the business posted $0.09 earnings per share. On average, research analysts predict that Amkor Technology will post 2.08 EPS for the current year.
Amkor Technology Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd will be paid a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, June 3rd. Amkor Technology’s dividend payout ratio (DPR) is presently 18.86%.
Insider Buying and Selling
In other Amkor Technology news, Director Douglas A. Alexander sold 5,000 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $76.58, for a total value of $382,900.00. Following the sale, the director directly owned 29,109 shares in the company, valued at approximately $2,229,167.22. This trade represents a 14.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mark N. Rogers sold 5,000 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $71.63, for a total value of $358,150.00. Following the completion of the sale, the executive vice president owned 38,904 shares in the company, valued at $2,786,693.52. The trade was a 11.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 145,500 shares of company stock valued at $9,844,325 in the last three months. 26.40% of the stock is owned by corporate insiders.
Amkor Technology News Roundup
Here are the key news stories impacting Amkor Technology this week:
- Positive Sentiment: Amkor said it is working with AMD on advanced packaging, highlighting a new AI-related growth opportunity and deeper customer engagement. Reuters article on Amkor working with AMD
- Positive Sentiment: Amkor secured additional land in Arizona to expand U.S. advanced packaging operations, supporting future capacity growth and domestic manufacturing plans. Seeking Alpha article on Arizona land acquisition
- Positive Sentiment: Management’s long-term EPS guidance, including 2028 outlook above consensus, signals confidence in sustained earnings growth.
- Positive Sentiment: Analysts and market commentary continue to describe Amkor as a long-term growth story tied to AI infrastructure demand. Zacks article on Amkor as a top growth stock
- Neutral Sentiment: The company announced a 2026 Investor Day and Nasdaq Closing Bell event, which is supportive for visibility but not a direct operating catalyst. Business Wire article on Investor Day
- Neutral Sentiment: Insider selling by CFO Megan Faust and EVP Mark Rogers may have weighed on sentiment, but both trades were made under pre-arranged 10b5-1 plans.
- Neutral Sentiment: Some commentary noted Amkor’s long-term outlook and options activity, but these items appear secondary to the bigger growth and expansion themes.
Institutional Investors Weigh In On Amkor Technology
A number of hedge funds and other institutional investors have recently modified their holdings of AMKR. Royal Bank of Canada raised its stake in shares of Amkor Technology by 100.6% during the first quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after purchasing an additional 3,454,012 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Amkor Technology by 305.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock valued at $44,719,000 after purchasing an additional 1,186,313 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Amkor Technology by 38.3% during the second quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock valued at $74,541,000 after purchasing an additional 985,727 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Amkor Technology by 37.4% during the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock valued at $107,477,000 after purchasing an additional 740,701 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of 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 purchasing an additional 703,617 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors.
About Amkor Technology
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.
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