Amkor Technology, Inc. (NASDAQ:AMKR) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Analysts rate Amkor Technology “Moderate Buy”, with five buy ratings, five holds and one strong-buy rating. The average 12-month price target is $68.13, while Needham has the highest target at $90.
• Amkor exceeded quarterly expectations, reporting $0.70 EPS versus the $0.47 consensus and $1.90 billion in revenue, up 25.6% year over year. The company guided for third-quarter EPS of $0.72–$0.82.
• Insiders sold 46,221 shares worth approximately $2.83 million over the past 90 days, while institutional investors own 42.76% of the stock. Amkor also declared a quarterly dividend of $0.0835 per share, yielding about 0.6% annually.

Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eleven research firms that are covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $68.1250.

A number of analysts recently weighed in on the stock. Morgan Stanley increased their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. The Goldman Sachs Group boosted their target price on shares of Amkor Technology from $43.00 to $65.00 and gave the company a "neutral" rating in a research note on Tuesday, April 28th. Zacks Research upgraded shares of Amkor Technology from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. 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. Finally, Weiss Ratings raised Amkor Technology from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 31st.

Insider Activity

In other news, CEO Kevin K. Engel sold 3,221 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $47.00, for a total value of $151,387.00. Following the completion of the transaction, the chief executive officer owned 9,666 shares of the company's stock, valued at approximately $454,302. This represents a 24.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Guillaume Marie Jean Rutten sold 25,000 shares of the firm's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $55.35, for a total value of $1,383,750.00. Following the transaction, the director directly owned 486,732 shares in the company, valued at $26,940,616.20. This trade represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 46,221 shares of company stock worth $2,825,587 over the last ninety days. 26.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amkor Technology

Several institutional investors have recently bought and sold shares of AMKR. Royal Bank of Canada increased its stake in Amkor Technology by 100.6% during the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company's stock valued at $349,000 after buying an additional 3,454,012 shares during the period. Advisors Asset Management Inc. raised its position in shares of Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company's stock worth $40,000 after buying an additional 854 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Amkor Technology by 913.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company's stock worth $136,000 after acquiring an additional 6,768 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Amkor Technology by 73.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company's stock worth $9,476,000 after acquiring an additional 222,107 shares during the period. Finally, Caxton Associates LLP bought a new position in shares of Amkor Technology in the first quarter valued at approximately $271,000. Institutional investors and hedge funds own 42.76% of the company's stock.

Amkor Technology Price Performance

Shares of AMKR opened at $58.99 on Monday. The company has a market cap of $14.66 billion, a P/E ratio of 26.45 and a beta of 2.25. The stock has a fifty day moving average price of $68.40 and a 200 day moving average price of $61.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. Amkor Technology has a 12 month low of $22.74 and a 12 month high of $96.68.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The company had revenue of $1.90 billion for the quarter, compared to analysts' expectations of $1.81 billion. During the same period last year, the business posted $0.22 earnings per share. The firm's quarterly revenue 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. On average, research analysts forecast that Amkor Technology will post 2.62 earnings per share for the current year.

Amkor Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be given a $0.0835 dividend. This represents a $0.33 annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology's dividend payout ratio (DPR) is currently 14.80%.

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.

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