Magnachip Semiconductor (MX) Set to Announce Quarterly Earnings on Wednesday

Key Points

• Magnachip Semiconductor is expected to report Q3 2026 results after the market closes on November 4, with analysts forecasting a loss of $0.20 per share and revenue of $47.50 million.
• In the prior quarter, Magnachip reported a loss of $0.13 per share, beating estimates for a $0.22 loss, while revenue of $44.70 million fell short of expectations.
• MX shares opened at $2.54, near their one-year low, and analysts have a consensus “Reduce” rating. CEO Chae Lee recently bought 20,000 shares, increasing his stake by 5.42%.

Magnachip Semiconductor (NYSE:MX - Get Free Report) is anticipated to release its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Magnachip Semiconductor to announce earnings of ($0.20) per share and revenue of $47.50 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Magnachip Semiconductor (NYSE:MX - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $0.09. The company had revenue of $44.70 million for the quarter, compared to analysts' expectations of $46.50 million.

Magnachip Semiconductor Price Performance

Shares of MX stock opened at $2.54 on Wednesday. The stock's 50-day moving average is $3.07 and its 200 day moving average is $3.66. Magnachip Semiconductor has a 1-year low of $2.18 and a 1-year high of $9.86. The company has a market cap of $96.43 million, a P/E ratio of -3.02 and a beta of 1.65.

Insider Activity at Magnachip Semiconductor

In other Magnachip Semiconductor news, CEO Chae Lee bought 20,000 shares of Magnachip Semiconductor stock in a transaction that occurred on Thursday, September 24th. The shares were bought at an average cost of $3.22 per share, with a total value of $64,400.00. Following the transaction, the chief executive officer directly owned 388,750 shares of the company's stock, valued at approximately $1,251,775. This represents a 5.42% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 10.90% of the company's stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Magnachip Semiconductor in a research report on Friday, July 31st. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Magnachip Semiconductor has a consensus rating of "Reduce".

About Magnachip Semiconductor

Magnachip Semiconductor Corporation NYSE: MX is a semiconductor company that designs and supplies analog and mixed-signal products. Its portfolio is focused primarily on power semiconductors and display solutions used in consumer electronics, communications equipment, automotive applications, industrial systems and other electronic devices.

The company's power products include metal-oxide-semiconductor field-effect transistors (MOSFETs), insulated-gate bipolar transistors (IGBTs), power integrated circuits and other discrete semiconductor devices designed to manage power conversion, distribution and efficiency.

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