Amkor Technology (NASDAQ:AMKR – Free Report) had its price target decreased by B. Riley Financial from $65.00 to $46.00 in a research note released on Tuesday morning,Benzinga reports. B. Riley Financial currently has a neutral rating on the semiconductor company’s stock.
A number of other equities research analysts also recently weighed in on AMKR. Morgan Stanley lifted their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th. Bank of America started coverage on Amkor Technology in a report on Thursday, August 27th. They set a “buy” rating and a $70.00 price objective on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price objective on shares of Amkor Technology in a research note on Tuesday, July 28th. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and increased their target price for the stock from $80.00 to $90.00 in a report on Friday, July 24th. Finally, Zacks Research downgraded Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amkor Technology has an average rating of “Moderate Buy” and an average price target of $66.22.
View Our Latest Analysis on Amkor Technology
Amkor Technology Stock Down 10.7%
Shares of AMKR opened at $39.05 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The company has a 50-day simple moving average of $49.68 and a 200-day simple moving average of $61.85. Amkor Technology has a 52 week low of $29.50 and a 52 week high of $96.68. The firm has a market capitalization of $9.70 billion, a P/E ratio of 17.51, a P/E/G ratio of 0.54 and a beta of 2.21.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%. The firm’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period last year, the business earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities research analysts expect that Amkor Technology will post 2.60 earnings per share for the current year.
Amkor Technology Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd were issued a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 2nd. Amkor Technology’s dividend payout ratio (DPR) is currently 14.80%.
Insider Transactions at Amkor Technology
In other Amkor Technology news, EVP Mark Rogers sold 5,000 shares of Amkor Technology stock in a transaction on Monday, August 17th. The stock was sold at an average price of $59.78, for a total value of $298,900.00. Following the completion of the transaction, the executive vice president owned 38,904 shares in the company, valued at approximately $2,325,681.12. The trade was a 11.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin Engel sold 3,221 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $47.00, for a total value of $151,387.00. Following the completion of the transaction, the chief executive officer directly owned 9,666 shares in the company, valued at approximately $454,302. This represents a 24.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 46,221 shares of company stock worth $2,538,507. 26.40% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in AMKR. BlackRock Inc. acquired a new position in shares of Amkor Technology during the second quarter worth approximately $1,060,005,000. Jefferies Financial Group Inc. acquired a new stake in shares of Amkor Technology in the second quarter valued at approximately $13,491,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Amkor Technology in the second quarter valued at approximately $3,575,000. Corient Private Wealth LP increased its holdings in shares of Amkor Technology by 142.7% in the second quarter. Corient Private Wealth LP now owns 158,037 shares of the semiconductor company’s stock valued at $13,628,000 after purchasing an additional 92,929 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in Amkor Technology in the 2nd quarter worth approximately $8,524,000. Institutional investors and hedge funds own 42.76% of the company’s stock.
Amkor Technology News Roundup
Here are the key news stories impacting Amkor Technology this week:
- Positive Sentiment: Amkor and NVIDIA advanced a strategic partnership focused on AI infrastructure and advanced packaging. Reports that NVIDIA is expanding its use of Amkor’s packaging capabilities strengthened the company’s AI-growth narrative and helped drive the preceding rally. Amkor Technology and NVIDIA Advance Strategic Partnership for AI Infrastructure
- Positive Sentiment: AI-related computing demand remains a potential long-term growth driver. Amkor’s valuation was described as attractive, while the company’s latest reported quarter showed strong year-over-year revenue growth and earnings above analyst expectations. Buy, Sell or Hold AMKR Stock? Key Tips Ahead of Q3 Earnings
- Neutral Sentiment: Investors are looking ahead to Amkor’s third-quarter results for confirmation that AI packaging demand is translating into revenue and margin growth. Analysts are also focusing on operating metrics beyond headline EPS and revenue estimates. Analyst Projections for Amkor Technology’s Q3 Earnings
- Negative Sentiment: Analyst opinion remains divided on whether AI demand will justify Amkor’s recent valuation. A fair-value reduction and a pessimistic price outlook added pressure after the NVIDIA-related gains. Amkor Technology Stock Gets Fair Value Trim
- Negative Sentiment: Concerns include weakness in communications-related business and shifts in system-in-package demand. ASE Technology was also viewed more favorably because of its expected AI-packaging growth, creating competitive pressure for Amkor. ASX vs. AMKR Chip Packaging Comparison
Amkor Technology Company Profile
Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The company helps semiconductor manufacturers and electronics companies assemble, package and test integrated circuits before they are incorporated into finished electronic products.
Amkor’s services include wafer bumping, wafer-level packaging, flip-chip packaging, system-in-package solutions, fan-out packaging, leadframe and laminate-based packaging, and semiconductor testing. Its products and services support applications including mobile and consumer electronics, communications, automotive, computing, industrial equipment, and memory devices.
Founded in 1968, Amkor has grown into a global semiconductor supply-chain partner with manufacturing and testing operations across regions including Asia, Europe and the United States.
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