Magnachip Semiconductor (MX) to Announce Quarterly Earnings on Wednesday

Magnachip Semiconductor (NYSE:MX) is projected to post its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of ($0.22) per share and revenue of $46.50 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

Magnachip Semiconductor (NYSE:MX) last released its earnings results on Tuesday, April 28th. The semiconductor company reported ($0.11) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.11. Magnachip Semiconductor had a negative net margin of 14.14% and a negative return on equity of 4.68%. The company had revenue of $46.21 million for the quarter, compared to the consensus estimate of $46.00 million.

Magnachip Semiconductor Trading Up 10.2%

MX opened at $3.73 on Wednesday. Magnachip Semiconductor has a 1-year low of $2.18 and a 1-year high of $9.86. The company has a current ratio of 2.37, a quick ratio of 1.91 and a debt-to-equity ratio of 0.07. The company has a market cap of $135.74 million, a P/E ratio of -5.32 and a beta of 1.59. The company has a fifty day moving average price of $5.30 and a two-hundred day moving average price of $3.86.

Wall Street Analysts Forecast Growth

MX has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Magnachip Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research downgraded Magnachip Semiconductor from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded Magnachip Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Magnachip Semiconductor currently has an average rating of “Hold” and an average target price of $5.50.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. American Century Companies Inc. raised its holdings in shares of Magnachip Semiconductor by 4.7% in the second quarter. American Century Companies Inc. now owns 76,312 shares of the semiconductor company’s stock valued at $304,000 after purchasing an additional 3,451 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Magnachip Semiconductor by 1.9% during the third quarter. BNP Paribas Financial Markets now owns 315,732 shares of the semiconductor company’s stock worth $988,000 after purchasing an additional 5,764 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Magnachip Semiconductor by 0.6% during the third quarter. Vanguard Group Inc. now owns 1,030,024 shares of the semiconductor company’s stock worth $3,224,000 after purchasing an additional 6,519 shares during the last quarter. Engineers Gate Manager LP boosted its holdings in Magnachip Semiconductor by 15.4% during the second quarter. Engineers Gate Manager LP now owns 59,648 shares of the semiconductor company’s stock worth $237,000 after purchasing an additional 7,941 shares during the last quarter. Finally, Quadrature Capital Ltd grew its position in Magnachip Semiconductor by 57.0% in the 4th quarter. Quadrature Capital Ltd now owns 24,420 shares of the semiconductor company’s stock worth $62,000 after purchasing an additional 8,863 shares in the last quarter. 74.26% of the stock is currently owned by institutional investors and hedge funds.

About Magnachip Semiconductor

Magnachip Semiconductor Inc is a fabless semiconductor company specializing in high-performance analog and mixed-signal solutions for the display, power management and lighting markets. Its core product portfolio includes display driver ICs for LCD and OLED panels, high-voltage MOSFETs, DC-DC converters, LED driver ICs and power management devices used in consumer electronics, mobile devices, industrial equipment and automotive applications.

Founded in 2004 as a spin-off from MagnaChip, Magnachip is incorporated in the United States with design and sales offices strategically located across North America, Europe and Asia.