Amkor Technology (NASDAQ:AMKR) Given New $65.00 Price Target at Needham & Company LLC

Amkor Technology (NASDAQ:AMKR) had its price objective lifted by Needham & Company LLC from $50.00 to $65.00 in a research note issued to investors on Tuesday morning, MarketBeat reports. They currently have a buy rating on the semiconductor company’s stock.

Several other research firms also recently commented on AMKR. Wall Street Zen downgraded shares of Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. B. Riley Financial upped their target price on shares of Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. JPMorgan Chase & Co. raised their target price on shares of Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. DA Davidson boosted their price target on Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. Finally, Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Amkor Technology currently has a consensus rating of “Hold” and a consensus target price of $47.86.

Amkor Technology Trading Up 1.8%

Shares of NASDAQ AMKR opened at $53.46 on Tuesday. Amkor Technology has a fifty-two week low of $14.03 and a fifty-two week high of $55.17. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.77. The company has a market cap of $13.21 billion, a price-to-earnings ratio of 35.40 and a beta of 2.00. The business’s 50 day moving average price is $46.25 and its 200-day moving average price is $34.90.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.43 by $0.26. Amkor Technology had a return on equity of 8.79% and a net margin of 5.57%.The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the prior year, the company posted $0.43 EPS. Amkor Technology’s quarterly revenue was up 15.9% on a year-over-year basis. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, sell-side analysts expect that Amkor Technology will post 1.47 earnings per share for the current year.

Insider Activity at Amkor Technology

In other Amkor Technology news, EVP Kevin Engel sold 11,000 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $46.21, for a total transaction of $508,310.00. Following the sale, the executive vice president owned 349 shares of the company’s stock, valued at approximately $16,127.29. This trade represents a 96.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $31.68, for a total value of $316,800.00. Following the completion of the transaction, the chief executive officer directly owned 346,699 shares of the company’s stock, valued at approximately $10,983,424.32. The trade was a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 96,000 shares of company stock valued at $4,085,910 over the last quarter. 26.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Amkor Technology

A number of institutional investors have recently added to or reduced their stakes in AMKR. Vanguard Group Inc. raised its holdings in Amkor Technology by 4.6% in the third quarter. Vanguard Group Inc. now owns 15,779,847 shares of the semiconductor company’s stock worth $448,148,000 after purchasing an additional 687,900 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Amkor Technology by 18.4% in the 3rd quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock valued at $119,607,000 after acquiring an additional 653,489 shares during the period. American Century Companies Inc. increased its holdings in shares of Amkor Technology by 0.5% in the third quarter. American Century Companies Inc. now owns 3,835,987 shares of the semiconductor company’s stock valued at $108,942,000 after purchasing an additional 17,656 shares during the period. Geode Capital Management LLC increased its holdings in Amkor Technology by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,255,475 shares of the semiconductor company’s stock worth $47,349,000 after buying an additional 27,432 shares during the period. Finally, Fisher Asset Management LLC increased its stake in shares of Amkor Technology by 204.5% in the fourth quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock worth $82,712,000 after acquiring an additional 1,407,109 shares during the period. Institutional investors own 42.76% of the company’s stock.

Key Amkor Technology News

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

• Positive Sentiment: Q4 beat and stronger fundamentals — Amkor reported $0.69 EPS and $1.89B revenue, with margin expansion and improved cash flow, which underpins the rally. Earnings Call Highlights
• Positive Sentiment: Upward guidance on revenue and healthy Q1 range — management set Q1 revenue $1.6–$1.7B (above consensus) and EPS guidance $0.18–$0.28 (range that contains estimates), signaling continued demand. Guidance & Analyst Notes
• Positive Sentiment: Analyst upgrades and higher price targets — JPMorgan raised its PT sharply to $65 (overweight) and Needham also lifted its PT to $65 (buy), which likely amplified buying. Analyst Price Target Coverage
• Positive Sentiment: Visible secular growth and capacity expansion — management projects >20% computing growth in 2026 and is advancing Arizona capacity and HDFO ramp, supporting multi‑year upside from AI/compute demand. Growth & Expansion
• Neutral Sentiment: Short interest trends mixed — January data show a material decline in short interest (about 8.3M shares, ~4.6% of float), which can reduce selling pressure; some later short‑interest reporting is inconsistent. (No direct link available)
• Negative Sentiment: Rising inventory and elevated capex — some coverage flagged higher inventory levels and big year‑over‑year capex, which could pressure near‑term margins/cash conversion. Inventory & Capex Note
• Negative Sentiment: Insider selling and after‑hours reaction in some reports — Quiver/other outlets noted recent insider sales and an initial after‑hours dip despite the beat, which can cap gains for short windows. Insider Activity & After‑Hours

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.