Amkor Technology (NASDAQ:AMKR – Free Report) had its target price upped by Needham & Company LLC from $50.00 to $65.00 in a report issued on Tuesday morning, Marketbeat.com reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.
Several other brokerages have also recently commented on AMKR. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, January 21st. DA Davidson boosted their price target on shares of Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. JPMorgan Chase & Co. raised their price objective on Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. B. Riley Financial lifted their target price on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. Finally, William Blair raised Amkor Technology to a “neutral” rating in a research report on Monday, January 12th. One equities research 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $49.86.
Get Our Latest Stock Report on AMKR
Amkor Technology Stock Down 8.2%
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, beating analysts’ consensus estimates of $0.43 by $0.26. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter last year, the firm earned $0.43 EPS. Amkor Technology’s revenue for the quarter was up 15.9% compared to the same quarter last year. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, sell-side analysts anticipate that Amkor Technology will post 1.47 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Amkor Technology news, Director Maryfrances Mccourt sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $46.02, for a total transaction of $920,400.00. Following the transaction, the director owned 55,918 shares of the company’s stock, valued at $2,573,346.36. The trade was a 26.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $53.14, for a total value of $531,400.00. Following the completion of the sale, the director owned 335,391 shares in the company, valued at $17,822,677.74. This represents a 2.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 96,000 shares of company stock worth $4,085,910 in the last 90 days. 26.90% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Amkor Technology
Several hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in shares of Amkor Technology by 100.6% in the first quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after purchasing an additional 3,454,012 shares during the period. Advisors Asset Management Inc. grew its stake in Amkor Technology by 61.8% in the 1st 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. raised its holdings in 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. lifted its position in Amkor Technology by 73.4% during the first 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 bought a new stake in shares of Amkor Technology during the first quarter worth approximately $271,000. Institutional investors and hedge funds own 42.76% of the company’s stock.
Key Stories Impacting Amkor Technology
Here are the key news stories impacting Amkor Technology this week:
- Positive Sentiment: Major Wall Street/analyst support — recent coverage from Needham and JPMorgan projects further upside for AMKR, reinforcing investor confidence in Amkor’s positioning in the chip-packaging/test market. Needham Says Stock Expected to Rise JPMorgan Forecasts Strong Price Appreciation
- Positive Sentiment: Market narrative favors chip‑infrastructure names — MarketBeat highlights Amkor as a beneficiary of the AI/data‑center buildout (testing and packaging exposure), supporting medium‑term demand expectations for its services. Is AI Really Eating Software? (MarketBeat)
- Positive Sentiment: Momentum research and screens (Zacks/MSN pieces) continue to flag AMKR as a long‑term momentum name, which can attract momentum/trend buyers after earnings strength. Why AMKR is a Top Momentum Stock (Zacks)
- Neutral Sentiment: Options activity shows elevated interest — Zacks notes recent options moves that could be pricing in larger intraday swings; this can amplify price moves but is ambiguous on direction. Options Market May Be Predicting a Spike (Zacks)
- Neutral Sentiment: Short‑interest reporting looks unreliable — recent feeds show zeros/NaN for short interest and days‑to‑cover, so short‑borrow dynamics are unclear and shouldn’t be relied on to explain today’s move. (Data entries on 2/11–2/12)
- Negative Sentiment: Secondary offering by the Kim family — a 10 million‑share secondary was announced and then priced, creating immediate supply overhang and a clear near‑term negative catalyst as insiders increase available shares for sale. Higher trading volume today suggests that execution of that offering and related selling pressure are the primary drivers of the decline. Pricing of Secondary Offering (BusinessWire) Secondary Offering Announced (BusinessWire)
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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