Amkor Technology (NASDAQ:AMKR – Free Report) had its price objective lifted by JPMorgan Chase & Co. from $32.00 to $65.00 in a research note issued to investors on Tuesday,Benzinga reports. They currently have an overweight rating on the semiconductor company’s stock.
Other analysts have also recently issued reports about the stock. Morgan Stanley upped their target price on shares of Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research report on Tuesday. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Wall Street Zen lowered shares of Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Needham & Company LLC raised their price objective on shares of Amkor Technology from $50.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $47.86.
Check Out Our Latest Report on Amkor Technology
Amkor Technology Price Performance
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.26. The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a return on equity of 8.79% and a net margin of 5.57%.The business’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period last year, the firm posted $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, equities analysts predict that Amkor Technology will post 1.47 earnings per share for the current year.
Insider Buying and Selling at Amkor Technology
In other news, Director Gil C. Tily sold 20,000 shares of Amkor Technology stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.44, for a total value of $928,800.00. Following the transaction, the director owned 123,806 shares of the company’s stock, valued at $5,749,550.64. The trade was a 13.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Maryfrances Mccourt sold 20,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.02, for a total transaction of $920,400.00. Following the sale, the director directly owned 55,918 shares of the company’s stock, valued at $2,573,346.36. The trade was a 26.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 96,000 shares of company stock valued at $4,085,910. 26.90% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Amkor Technology
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMKR. Royal Bank of Canada grew its position in Amkor Technology by 100.6% during the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock worth $349,000 after purchasing an additional 3,454,012 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Amkor Technology by 61.8% during the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 854 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Amkor Technology by 913.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock valued at $136,000 after acquiring an additional 6,768 shares during the period. Goldman Sachs Group Inc. raised its stake in Amkor Technology by 73.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock worth $9,476,000 after acquiring an additional 222,107 shares during the last quarter. Finally, Caxton Associates LLP acquired a new stake in Amkor Technology during the 1st quarter worth about $271,000. 42.76% of the stock is currently owned by hedge funds and other institutional investors.
Amkor Technology News Summary
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.
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