Amkor Technology (NASDAQ:AMKR) Updates FY 2028 Earnings Guidance

Amkor Technology (NASDAQ:AMKR) issued an update on its FY 2028 earnings guidance on Thursday morning. The company provided EPS guidance of 2.250-2.750 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of $8.5 billion-$9.5 billion. Amkor Technology also updated its FY 2030 guidance to 5.000- EPS.

Wall Street Analyst Weigh In

Several research firms have recently commented on AMKR. The Goldman Sachs Group lifted their target price on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a report on Monday, April 20th. Melius Research upgraded Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Monday, April 6th. Wall Street Zen cut Amkor Technology from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 21st. Finally, JPMorgan Chase & Co. upped their target price on shares of Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Four research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $62.75.

Amkor Technology Stock Up 0.4%

NASDAQ:AMKR opened at $68.77 on Thursday. The company has a quick ratio of 1.74, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. Amkor Technology has a 12-month low of $17.79 and a 12-month high of $79.23. The stock’s fifty day simple moving average is $59.17 and its 200-day simple moving average is $49.01. The firm has a market capitalization of $17.05 billion, a P/E ratio of 39.30 and a beta of 2.29.

Amkor Technology (NASDAQ:AMKR) last released its earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.10. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the firm posted $0.09 earnings per share. The company’s quarterly revenue was up 27.5% on a year-over-year basis. Equities research analysts expect that Amkor Technology will post 2.08 earnings per share for the current year.

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd will be paid a dividend of $0.0835 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $0.33 annualized dividend and a yield of 0.5%. Amkor Technology’s dividend payout ratio (DPR) is presently 18.86%.

Insider Activity

In other Amkor Technology news, Director Gil C. Tily sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $77.30, for a total value of $1,159,500.00. Following the completion of the sale, the director owned 108,806 shares of the company’s stock, valued at approximately $8,410,703.80. This represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Roger Anthony Carolin sold 20,000 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $76.24, for a total transaction of $1,524,800.00. Following the completion of the sale, the director owned 94,409 shares in the company, valued at approximately $7,197,742.16. This trade represents a 17.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 145,500 shares of company stock valued at $9,844,325. 26.40% of the stock is currently owned by company insiders.

Amkor Technology News Roundup

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

• Positive Sentiment: Amkor announced it will host its 2026 Investor Day and ring the Nasdaq Closing Bell, which can help reinforce investor visibility and confidence in the company’s strategy. Amkor Technology to Host 2026 Investor Day and Ring Nasdaq Closing Bell
• Positive Sentiment: The company recently expanded its U.S. advanced packaging footprint by securing an additional 67 acres in Arizona, a move that supports future capacity growth and strengthens its domestic manufacturing strategy. Amkor Technology Expands U.S. Advanced Packaging Footprint with Additional Land in Arizona
• Positive Sentiment: Analysts and market commentary continue to frame Amkor Technology (AMKR) as a long-term growth story, which may be adding support to the stock. Why Amkor Technology (AMKR) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Amkor’s annual meeting outcomes were routine, with shareholders reelecting the board and approving executive pay, which is not usually a major stock catalyst. Amkor Shareholders Reelect Board and Approve Executive Pay
• Neutral Sentiment: Two executives sold shares, including EVP Mark Rogers and CFO Megan Faust, but both transactions were made under pre-arranged 10b5-1 trading plans, which usually limits the bearish signal.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMKR. Royal Bank of Canada lifted its stake in Amkor Technology by 100.6% in the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after acquiring an additional 3,454,012 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Amkor Technology by 305.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock worth $44,719,000 after acquiring an additional 1,186,313 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Amkor Technology by 38.3% in 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 during the last quarter. First Trust Advisors LP raised its holdings in shares of Amkor Technology by 37.4% in 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 during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Amkor Technology by 133.7% in the third quarter. Invesco Ltd. now owns 1,229,931 shares of the semiconductor company’s stock worth $34,930,000 after purchasing an additional 703,617 shares in the last quarter. 42.76% of the stock is owned by institutional investors and hedge funds.

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.