Amkor Technology, Inc. (NASDAQ:AMKR) Stock Has Consensus Target Price of $68.33 According to Brokerages

Shares of Amkor Technology, Inc. (NASDAQ:AMKR) have been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $68.33.

AMKR has been the subject of a number of analyst reports. B. Riley Financial lowered their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price target on shares of Amkor Technology in a report on Tuesday, July 28th. Morgan Stanley upped their target price on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. Finally, UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and upped their target price for the company from $80.00 to $90.00 in a report on Friday, July 24th.

Insider Buying and Selling

In related news, Director Douglas A. Alexander sold 5,000 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $55.81, for a total value of $279,050.00. Following the sale, the director directly owned 29,109 shares in the company, valued at $1,624,573.29. The trade was a 14.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Giel Rutten sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $55.35, for a total transaction of $1,383,750.00. Following the completion of the sale, the director owned 486,732 shares in the company, valued at $26,940,616.20. This represents a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 45,221 shares of company stock valued at $2,491,587 in the last 90 days. 26.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Amkor Technology

Several hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in Amkor Technology in the 2nd quarter worth approximately $1,060,005,000. Jefferies Financial Group Inc. purchased a new position in shares of Amkor Technology in the 2nd quarter worth about $13,491,000. Public Employees Retirement System of Ohio purchased a new position in Amkor Technology in the second quarter valued at approximately $3,575,000. Foster & Motley Inc. purchased a new stake in Amkor Technology during the 2nd quarter worth $1,944,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Amkor Technology during the second quarter worth about $8,524,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Amkor Technology Price Performance

AMKR stock opened at $51.00 on Tuesday. The company has a market capitalization of $12.67 billion, a PE ratio of 22.87, a P/E/G ratio of 0.64 and a beta of 2.21. Amkor Technology has a 12-month low of $28.19 and a 12-month high of $96.68. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50. The business’s fifty day moving average price is $51.65 and its 200 day moving average price is $61.99.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The business’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, sell-side analysts anticipate that Amkor Technology will post 2.6 EPS for the current year.

Amkor Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd were given a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, September 2nd. Amkor Technology’s payout ratio is presently 14.80%.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a provider of outsourced semiconductor packaging and testing services. The company works with semiconductor manufacturers, fabless chip designers, foundries and integrated device manufacturers to assemble, package and test integrated circuits before they are incorporated into electronic products.

Its services include advanced packaging, flip-chip and wirebond assembly, wafer-level processing, system-in-package solutions, wafer bumping and semiconductor testing.