Amkor Technology, Inc. (NASDAQ:AMKR) Receives $49.86 Average Price Target from Brokerages

Shares of Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) have earned an average rating of “Hold” from the eleven research firms that are covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $49.8571.

AMKR has been the subject of a number of research reports. Morgan Stanley boosted their price target on shares of Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 10th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, January 21st. UBS Group set a $43.00 price objective on Amkor Technology in a research note on Tuesday, February 10th. B. Riley Financial raised their target price on shares of Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th.

Read Our Latest Analysis on Amkor Technology

Insider Transactions at Amkor Technology

In other news, EVP Mark N. Rogers sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $44.54, for a total transaction of $222,700.00. Following the completion of the sale, the executive vice president owned 38,904 shares in the company, valued at $1,732,784.16. This represents a 11.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Kevin K. Engel sold 12,500 shares of the 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 sale, the chief executive officer directly owned 2,953 shares of the company’s stock, valued at approximately $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. Over the last quarter, insiders sold 52,500 shares of company stock worth $2,585,875. Company insiders own 26.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC purchased a new stake in shares of Amkor Technology in the third quarter valued at $25,000. Bessemer Group Inc. lifted its stake in shares of Amkor Technology by 72.1% during the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 391 shares during the period. IFP Advisors Inc grew its stake in Amkor Technology by 91.2% in the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 447 shares during the period. Smartleaf Asset Management LLC raised its holdings in 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 acquiring an additional 440 shares during the last quarter. Finally, Root Financial Partners LLC lifted its stake in shares of Amkor Technology by 38.8% during the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 262 shares during the period. 42.76% of the stock is owned by hedge funds and other institutional investors.

Amkor Technology Price Performance

Shares of NASDAQ AMKR opened at $45.14 on Friday. The stock’s 50-day simple moving average is $47.75 and its 200-day simple moving average is $39.90. The firm has a market capitalization of $11.16 billion, a PE ratio of 29.89 and a beta of 1.94. Amkor Technology has a fifty-two week low of $14.03 and a fifty-two week high of $57.09. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.01 and a current ratio of 2.27.

Amkor Technology (NASDAQ:AMKRGet Free Report) last announced its quarterly 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 firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same period in the prior year, the company posted $0.43 earnings per share. The firm’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, equities research analysts forecast that Amkor Technology will post 1.47 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be issued a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 12th. Amkor Technology’s dividend payout ratio is presently 21.85%.

Amkor Technology Company Profile

(Get Free Report)

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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Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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