DA Davidson Has Lowered Expectations for Amkor Technology (NASDAQ:AMKR) Stock Price

Amkor Technology (NASDAQ:AMKR) had its price objective reduced by equities researchers at DA Davidson from $36.00 to $30.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. DA Davidson’s price target suggests a potential upside of 71.92% from the company’s previous close. DA Davidson also issued estimates for Amkor Technology’s Q2 2025 earnings at $0.16 EPS, FY2025 earnings at $1.40 EPS and FY2026 earnings at $1.85 EPS.

Several other research firms also recently weighed in on AMKR. B. Riley lowered Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 21st. Morgan Stanley reduced their price target on Amkor Technology from $26.00 to $24.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. Needham & Company LLC dropped their price objective on shares of Amkor Technology from $34.00 to $22.00 and set a “buy” rating for the company in a report on Tuesday. Melius Research lowered shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, January 6th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Amkor Technology from $42.00 to $30.00 and set an “overweight” rating for the company in a research note on Tuesday, February 11th. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $28.00.

Amkor Technology Stock Performance

Amkor Technology stock opened at $17.45 on Tuesday. The stock has a market cap of $4.31 billion, a PE ratio of 12.20 and a beta of 1.88. The company has a quick ratio of 1.90, a current ratio of 2.11 and a debt-to-equity ratio of 0.22. Amkor Technology has a 12-month low of $14.03 and a 12-month high of $44.86. The business’s 50-day moving average price is $18.33 and its two-hundred day moving average price is $23.42.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data on Monday, April 28th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.09. Amkor Technology had a net margin of 5.60% and a return on equity of 8.59%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the prior year, the company earned $0.24 EPS. The firm’s quarterly revenue was down 3.2% compared to the same quarter last year. As a group, analysts expect that Amkor Technology will post 1.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Amkor Technology

In other Amkor Technology news, EVP Kevin Engel sold 5,489 shares of the firm’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $21.69, for a total value of $119,056.41. Following the completion of the sale, the executive vice president now directly owns 1,388 shares in the company, valued at approximately $30,105.72. This trade represents a 79.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Agnes C. Kim sold 869,565 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $21.85, for a total transaction of $18,999,995.25. Following the transaction, the insider now owns 10,020,870 shares in the company, valued at $218,956,009.50. This represents a 7.98 % decrease in their position. The disclosure for this sale can be found here. Insiders own 26.90% of the company’s stock.

Institutional Trading of Amkor Technology

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMKR. SBI Securities Co. Ltd. bought a new position in Amkor Technology in the fourth quarter worth approximately $27,000. UMB Bank n.a. raised its position in Amkor Technology by 677.0% in the 1st quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 1,530 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Amkor Technology by 353.7% during the fourth quarter. Jones Financial Companies Lllp now owns 1,488 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 1,160 shares in the last quarter. Allworth Financial LP boosted its holdings in Amkor Technology by 166.3% during the first quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 1,357 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in Amkor Technology by 421.0% in the 4th quarter. Bessemer Group Inc. now owns 1,537 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 1,242 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.