Amkor Technology (NASDAQ:AMKR) Trading Down 9.3% – What’s Next?

Amkor Technology, Inc. (NASDAQ:AMKR) fell 9.3% during mid-day trading on Monday . The stock traded as low as $59.85 and last traded at $58.8870. 1,963,950 shares changed hands during trading, a decline of 59% from the average session volume of 4,844,375 shares. The stock had previously closed at $64.96.

Amkor Technology News Roundup

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

• Positive Sentiment: Amkor reported record second-quarter revenue of $1.90 billion, up 25.6% year over year, while adjusted EPS of $0.70 exceeded the $0.47 consensus estimate. Growth was driven by computing, automotive and industrial markets, with expanding advanced-packaging activity. Amkor Technology Reports Financial Results for the Second Quarter 2026
• Positive Sentiment: Management highlighted strong AI data-center demand, margin gains and capacity expansion. Its Nvidia relationship, including reported prepayments of approximately $1.5 billion, supports the longer-term outlook for advanced packaging and could provide a significant growth catalyst. Amkor has a fresh catalyst with a new Nvidia deal
• Positive Sentiment: Several analysts remain constructive: Needham reaffirmed a Buy rating with a $90 price target, while the average analyst target was reported at $68, suggesting potential upside if Amkor converts its AI-related investments into sustained earnings growth. Analyst ratings and price targets
• Neutral Sentiment: Amkor forecast third-quarter EPS of $0.72–$0.82, above the $0.62 consensus, but revenue guidance of $2.0–$2.1 billion was roughly at or below expectations. This mixed outlook has shifted attention from the earnings beat to the pace of near-term sales growth. Amkor Tech’s Revenue Outlook Disappoints Investors
• Negative Sentiment: Amkor disclosed risks tied to its 2031 convertible notes and capped-call transactions. Depending on settlement choices and share-price performance, the notes could increase equity dilution and amplify volatility. Amkor’s 2031 Notes and Capped Calls
• Negative Sentiment: B. Riley lowered its price target to $65 from $75 and assigned a Neutral rating, reflecting concern about the softer revenue outlook and the stock’s elevated volatility following the earnings release. B. Riley analyst action

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on AMKR shares. Melius Research upgraded Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a report on Monday, April 6th. Needham & Company LLC restated a “buy” rating and set a $90.00 price objective on shares of Amkor Technology in a research note on Tuesday. The Goldman Sachs Group lifted their price objective on shares of Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Morgan Stanley boosted their target price on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a research note on Tuesday. Finally, B. Riley Financial dropped their target price on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $68.12.

Amkor Technology Stock Performance

The company has a current ratio of 2.01, a quick ratio of 1.74 and a debt-to-equity ratio of 0.28. The company’s 50-day moving average is $72.86 and its two-hundred day moving average is $60.77. The stock has a market capitalization of $11.33 billion, a P/E ratio of 20.49 and a beta of 2.20.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.42%. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the firm earned $0.22 EPS. Amkor Technology’s quarterly revenue was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, sell-side analysts anticipate that Amkor Technology, Inc. will post 2.08 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd were issued a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, June 3rd. Amkor Technology’s dividend payout ratio is 14.80%.

Insider Transactions at Amkor Technology

In related news, EVP Mark N. Rogers sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $86.21, for a total value of $431,050.00. Following the sale, the executive vice president directly owned 38,904 shares in the company, valued at $3,353,913.84. This trade represents a 11.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Guillaume Marie Jean Rutten sold 50,000 shares of Amkor Technology stock in a transaction on Friday, May 8th. The shares were sold at an average price of $74.28, for a total value of $3,714,000.00. Following the sale, the director directly owned 502,558 shares in the company, valued at $37,330,008.24. The trade was a 9.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 114,000 shares of company stock worth $8,631,450 over the last quarter. Insiders own 26.40% of the company’s stock.

Institutional Investors Weigh In On Amkor Technology

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bessemer Group Inc. grew its position in Amkor Technology by 12.5% in the 1st quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 135 shares in the last quarter. Arista Wealth Management LLC raised its position in shares of Amkor Technology by 1.2% during the 2nd quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company’s stock worth $1,176,000 after buying an additional 157 shares in the last quarter. CoreCap Advisors LLC raised its position in shares of Amkor Technology by 56.4% during the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock worth $38,000 after buying an additional 158 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of Amkor Technology by 2.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock worth $387,000 after acquiring an additional 202 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Amkor Technology by 0.6% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock valued at $1,430,000 after acquiring an additional 218 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors.

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.