Amkor Technology (NASDAQ:AMKR) Issues FY 2028 Earnings Guidance

Amkor Technology (NASDAQ:AMKR) issued an update on its FY 2028 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.250-2.750 for the period, compared to the consensus earnings per share estimate of 1.920. The company issued revenue guidance of $8.5 billion-$9.5 billion. Amkor Technology also updated its FY 2030 guidance to 5.000- EPS.

Amkor Technology Trading Down 0.5%

AMKR stock traded down $0.36 during midday trading on Thursday, reaching $68.13. 724,179 shares of the company traded hands, compared to its average volume of 4,471,178. Amkor Technology has a 52-week low of $17.79 and a 52-week high of $79.23. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.74 and a current ratio of 2.01. The business has a 50 day moving average of $59.17 and a 200-day moving average of $49.01. The firm has a market capitalization of $16.89 billion, a price-to-earnings ratio of 38.93 and a beta of 2.29.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, April 27th. The semiconductor company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.10. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the business earned $0.09 EPS. The company’s quarterly revenue was up 27.5% on a year-over-year basis. As a group, sell-side analysts expect that Amkor Technology will post 2.08 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd will be issued a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, June 3rd. Amkor Technology’s dividend payout ratio is presently 18.86%.

Analysts Set New Price Targets

Several brokerages have issued reports on AMKR. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Monday, April 20th. B. Riley Financial raised their price target on Amkor Technology from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Melius Research upgraded Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research note on Monday, April 6th. Finally, Morgan Stanley lifted their target price on Amkor Technology from $45.00 to $69.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $62.75.

Insider Activity

In other Amkor Technology news, Director Gil C. Tily sold 15,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $77.30, for a total transaction of $1,159,500.00. Following the transaction, the director directly owned 108,806 shares in the company, valued at $8,410,703.80. This trade represents a 12.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Douglas A. Alexander sold 5,000 shares of Amkor Technology stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $76.58, for a total value of $382,900.00. Following the sale, the director directly owned 29,109 shares of the company’s stock, valued at approximately $2,229,167.22. This trade represents a 14.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 145,500 shares of company stock valued at $9,844,325. Insiders own 26.40% of the company’s stock.

Key Amkor Technology News

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

• Positive Sentiment: Amkor raised its long-term earnings outlook, including FY 2028 EPS guidance of 2.25 to 2.75 versus the 1.92 consensus estimate, which suggests management sees stronger profit growth ahead.
• Positive Sentiment: The company also updated FY 2030 guidance, signaling confidence in its longer-term earnings power and supporting the stock’s recent upward momentum.
• Positive Sentiment: Amkor announced it will host a 2026 Investor Day and ring the Nasdaq Closing Bell, a visibility event that can reinforce investor confidence in the company’s strategy and growth story. Amkor Technology to Host 2026 Investor Day and Ring Nasdaq Closing Bell
• Positive Sentiment: Amkor recently expanded its U.S. advanced packaging footprint by securing an additional 67 acres in Arizona, which should help future capacity expansion and its domestic manufacturing strategy. Amkor Technology Expands U.S. Advanced Packaging Footprint with Additional Land in Arizona
• Neutral Sentiment: Two executives sold shares recently, including CFO Megan Faust and EVP Mark Rogers, but both transactions were made under pre-arranged 10b5-1 plans, which makes the signal less concerning for investors. Megan Faust Sells 1,000 Shares of Amkor Technology (NASDAQ:AMKR) Stock
• Neutral Sentiment: Routine annual meeting results, including board re-election and executive pay approval, are not likely to move the stock much. Amkor Shareholders Reelect Board and Approve Executive Pay

Institutional Trading of Amkor Technology

Institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC grew its holdings in Amkor Technology by 18.4% during the 3rd quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock worth $119,607,000 after acquiring an additional 653,489 shares in the last quarter. State Street Corp raised its holdings in shares of Amkor Technology by 1.4% in the 4th quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock valued at $137,151,000 after purchasing an additional 47,514 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Amkor Technology by 37.4% in the 4th quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock valued at $107,477,000 after purchasing an additional 740,701 shares in the last quarter. Morgan Stanley lifted its position in shares of Amkor Technology by 23.2% in the 4th quarter. Morgan Stanley now owns 1,806,649 shares of the semiconductor company’s stock worth $71,327,000 after purchasing an additional 340,262 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Amkor Technology by 305.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock worth $44,719,000 after purchasing an additional 1,186,313 shares during the period. 42.76% of the stock is currently owned by institutional investors.

About Amkor Technology

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.