Analysts Set Amkor Technology, Inc. (NASDAQ:AMKR) Price Target at $68.12

Shares of Amkor Technology, Inc. (NASDAQ:AMKR) have earned a consensus recommendation of “Moderate Buy” from the eleven research firms that are currently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $68.1250.

A number of research analysts have issued reports on AMKR shares. Morgan Stanley lifted their target price on Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 28th. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Needham & Company LLC restated a “buy” rating and issued a $90.00 price target on shares of Amkor Technology in a research note on Tuesday, July 28th. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Finally, B. Riley Financial lowered their price objective on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th.

Amkor Technology Trading Down 1.2%

Shares of NASDAQ:AMKR opened at $50.26 on Monday. Amkor Technology has a 52-week low of $23.22 and a 52-week high of $96.68. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The company has a market capitalization of $12.49 billion, a P/E ratio of 22.54 and a beta of 2.24. The company has a 50-day simple moving average of $66.41 and a 200 day simple moving average of $61.06.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the previous year, the business posted $0.22 earnings per share. The company’s revenue for the quarter was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Sell-side analysts forecast that Amkor Technology will post 2.62 earnings per share for the current year.

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be 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 is Wednesday, September 2nd. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.

Insider Activity at Amkor Technology

In other Amkor Technology news, CEO Kevin K. Engel sold 3,221 shares of the company’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $47.00, for a total value of $151,387.00. Following the sale, the chief executive officer owned 9,666 shares in the company, valued at approximately $454,302. The trade was a 24.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Mark N. Rogers sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $59.78, for a total value of $298,900.00. Following the completion of the sale, the executive vice president owned 38,904 shares in the company, valued at $2,325,681.12. The trade was a 11.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 50,221 shares of company stock valued at $3,059,887 in the last quarter. Insiders own 26.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc lifted its stake in shares of Amkor Technology by 91.2% in the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 447 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Amkor Technology by 180.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 440 shares in the last quarter. Root Financial Partners LLC increased its position in shares of Amkor Technology by 38.8% during the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after acquiring an additional 262 shares in the last quarter. CoreCap Advisors LLC raised its holdings in shares of Amkor Technology by 56.4% in the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 158 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in shares of Amkor Technology by 61.8% in the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 854 shares during the last quarter. 42.76% of the stock is owned by institutional investors and hedge funds.

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.