Amkor Technology (NASDAQ:AMKR) Rating Increased to Buy at Melius Research

Amkor Technology (NASDAQ:AMKR) was upgraded by equities researchers at Melius Research from a “hold” rating to a “buy” rating in a research note issued to investors on Monday,Finviz reports. The firm currently has a $60.00 price target on the semiconductor company’s stock. Melius Research’s price objective would indicate a potential upside of 28.48% from the stock’s current price.

Several other research analysts have also recently weighed in on AMKR. Morgan Stanley boosted their price objective on shares of Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. William Blair upgraded Amkor Technology to a “neutral” rating in a research report on Monday, January 12th. Wall Street Zen cut Amkor Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, January 21st. Finally, B. Riley Financial raised their price target on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $51.13.

Amkor Technology Price Performance

Shares of NASDAQ:AMKR opened at $46.70 on Monday. Amkor Technology has a 12 month low of $14.03 and a 12 month high of $57.09. The company’s 50-day moving average price is $47.15 and its two-hundred day moving average price is $40.92. The company has a quick ratio of 2.01, a current ratio of 2.27 and a debt-to-equity ratio of 0.28. The firm has a market cap of $11.55 billion, a P/E ratio of 30.93 and a beta of 1.94.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.26. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter last year, the company posted $0.43 EPS. The company’s quarterly revenue 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. As a group, research analysts forecast that Amkor Technology will post 1.47 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Guillaume Marie Jean Rutten sold 20,000 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.80, for a total value of $976,000.00. Following the transaction, the director owned 543,866 shares of the company’s stock, valued at $26,540,660.80. This represents a 3.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Kevin K. Engel sold 12,500 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.75, for a total value of $609,375.00. Following the completion of the transaction, the chief executive officer owned 2,953 shares in the company, valued at $143,958.75. This represents a 80.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 52,500 shares of company stock valued at $2,585,875. Company insiders own 26.90% of the company’s stock.

Hedge Funds Weigh In On Amkor Technology

Several hedge funds have recently added to or reduced their stakes in AMKR. Salomon & Ludwin LLC acquired a new stake in shares of Amkor Technology in the 3rd quarter valued at approximately $25,000. Bessemer Group Inc. raised its holdings in Amkor Technology by 72.1% in 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 period. IFP Advisors Inc boosted its position in shares of 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 shares of Amkor Technology by 180.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 440 shares during the period. Finally, Root Financial Partners LLC grew its holdings in shares of Amkor Technology by 38.8% in the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 262 shares during the period. Institutional investors and hedge funds own 42.76% of the company’s stock.

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.