Amkor Technology (NASDAQ:AMKR) Upgraded to “Buy” at Wall Street Zen

Amkor Technology (NASDAQ:AMKRGet Free Report) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

A number of other research firms also recently issued reports on AMKR. B. Riley Financial raised their price target on 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. increased their price target on shares of Amkor Technology from $32.00 to $65.00 and gave the stock an “overweight” rating in a research note on Tuesday. Morgan Stanley lifted their price objective on shares of Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research note on Tuesday. The Goldman Sachs Group increased their target price on shares of Amkor Technology from $38.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, UBS Group set a $43.00 price target on Amkor Technology in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $49.86.

Check Out Our Latest Report on Amkor Technology

Amkor Technology Price Performance

AMKR stock opened at $47.48 on Friday. Amkor Technology has a 1 year low of $14.03 and a 1 year high of $57.09. The firm has a market capitalization of $11.74 billion, a PE ratio of 31.44 and a beta of 2.00. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.27 and a quick ratio of 1.60. The business has a 50 day simple moving average of $46.75 and a 200-day simple moving average of $35.35.

Amkor Technology (NASDAQ:AMKRGet Free Report) last released its quarterly earnings data 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 firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. Amkor Technology’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the business earned $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. Equities research analysts anticipate that Amkor Technology will post 1.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amkor Technology news, Director Maryfrances Mccourt sold 20,000 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $46.02, for a total value of $920,400.00. Following the completion of the sale, the director owned 55,918 shares of the company’s stock, valued at approximately $2,573,346.36. This trade represents a 26.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $53.14, for a total transaction of $531,400.00. Following the sale, the director owned 335,391 shares in the company, valued at $17,822,677.74. The trade was a 2.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 96,000 shares of company stock worth $4,085,910. Corporate insiders own 26.90% of the company’s stock.

Institutional Trading of Amkor Technology

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC purchased a new stake in shares of Amkor Technology during the 3rd quarter worth approximately $25,000. Bessemer Group Inc. raised its holdings in Amkor Technology by 72.1% during the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 391 shares during the last quarter. IFP Advisors Inc boosted its position in Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 447 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Amkor Technology by 180.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 440 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in Amkor Technology by 1,050.4% in the second quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 1,250 shares during the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology News Summary

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

About Amkor Technology

(Get Free Report)

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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Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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