Magnachip Semiconductor (MX) Stock Price, News & Analysis

Company Overview

Magnachip Semiconductor Inc. is a fabless semiconductor company specializing in high-performance analog and mixed-signal solutions for the display, power management and lighting markets. Its core product portfolio includes display driver ICs for LCD and OLED panels, high-voltage MOSFETs, DC-DC converters, LED driver ICs and power management devices used in consumer electronics, mobile devices, industrial equipment and automotive applications.

Founded in 2004 as a spin-off from MagnaChip, Magnachip is incorporated in the United States with design and sales offices strategically located across North America, Europe and Asia. The company partners with leading foundries in South Korea, Taiwan and elsewhere to manufacture its chips, while maintaining R&D centers focused on advanced process nodes and new feature development to meet evolving customer requirements.

Magnachip served a global customer base including major OEMs and module makers in China, Korea, Japan, Europe and North America. Its display driver products have been integrated into a wide range of smartphones, tablets, televisions and automotive infotainment systems, and its power management and LED driver ICs have found applications in backlighting, general illumination and industrial lighting solutions.

Until mid-2020, Magnachip was traded on the New York Stock Exchange under the symbol MX. In July 2020, the company agreed to be acquired by private equity firm Wise Road Capital, transitioning to private ownership. Under new leadership, Magnachip continues to invest in R&D to support next-generation display standards, energy-efficient lighting systems and emerging power-management platforms.

Key Stats

• Today's Range: $3.06 to $3.11
• 50-Day Range: $2.68 to $4.41
• 52-Week Range: $2.51 to $5.16
• Volume: 199,587 shs
• Average Volume: 249,765 shs
• Market Capitalization: $111.17 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.50
• Consensus Rating: Buy

Magnachip Semiconductor Stock Analysis - MarketRank™

Magnachip Semiconductor scored higher than 61% of companies evaluated by MarketBeat, and ranked 361st out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Magnachip Semiconductor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Magnachip Semiconductor has a consensus price target of $5.50, representing about 77.7% upside from its current price of $3.10.

Amount of Analyst Coverage

Magnachip Semiconductor has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Earnings Growth

Earnings for Magnachip Semiconductor are expected to remain at ($1.22) per share in the coming year.

Price to Earnings Ratio vs. the Market

The P/E ratio of Magnachip Semiconductor is -3.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magnachip Semiconductor is -3.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Magnachip Semiconductor has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.46% of the float of Magnachip Semiconductor has been sold short.

Short Interest Ratio / Days to Cover

Magnachip Semiconductor has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Magnachip Semiconductor has recently increased by 7.56%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Magnachip Semiconductor does not currently pay a dividend.

Dividend Growth

Magnachip Semiconductor does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.46% of the float of Magnachip Semiconductor has been sold short.

Short Interest Ratio / Days to Cover

Magnachip Semiconductor has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Magnachip Semiconductor has recently increased by 7.56%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.81

News Sentiment

Magnachip Semiconductor has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Magnachip Semiconductor this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for MX on MarketBeat in the last 30 days. This is a decrease of -85% compared to the previous 30 days.

MarketBeat Follows

5 people have added Magnachip Semiconductor to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Magnachip Semiconductor insiders have bought more of their company's stock than they have sold. Specifically, they have bought $113,900.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 5.70% of the stock of Magnachip Semiconductor is held by insiders.

Percentage Held by Institutions

74.26% of the stock of Magnachip Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MX Stock Analysis - Frequently Asked Questions

How have MX shares performed this year?

Magnachip Semiconductor's stock was trading at $4.02 at the beginning of the year. Since then, MX stock has decreased by 23.0% and is now trading at $3.0950.

How were Magnachip Semiconductor's earnings last quarter?

Magnachip Semiconductor Corp. (NYSE:MX) issued its earnings results on Wednesday, February, 28th. The semiconductor company reported ($0.26) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.34) by $0.08. The semiconductor company had revenue of $50.82 million for the quarter, compared to analysts' expectations of $52.45 million. Magnachip Semiconductor had a negative trailing twelve-month return on equity of 7.90% and a negative net margin of 15.53%.
Read the conference call transcript.

Who are Magnachip Semiconductor's major shareholders?

Magnachip Semiconductor's top institutional investors include Immersion Corp (8.95%), Systematic Financial Management LP (5.41%), Ameriprise Financial Inc. (3.41%) and Marshall Wace LLP (1.95%). Insiders that own company stock include Young-Joon Kim, Camillo Martino and Shin Young Park.
View institutional ownership trends.

How do I buy shares of Magnachip Semiconductor?

Shares of MX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Magnachip Semiconductor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Magnachip Semiconductor investors own include NVIDIA (NVDA), Himax Technologies (HIMX), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Micron Technology (MU) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 2/28/2024
• Today: 9/12/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: SEMI - ANALOG & MIXED
• Sub-Industry: Electronic Equipment
• Current Symbol: NYSE:MX
• CIK: 1325702
• Web: www.magnachip.com
• Phone: (243) 717-7500
• Fax: N/A
• Employees: 900
• Year Founded: 2003

Price Target and Rating

• Average Price Target for Magnachip Semiconductor: $5.50
• High Price Target: $5.50
• Low Price Target: $5.50
• Potential Upside/Downside: +77.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.93)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$54.31 million
• Net Margins: -15.53%
• Pretax Margin: -19.75%
• Return on Equity: -7.90%
• Return on Assets: -5.74%

Debt

• Debt-to-Equity Ratio: 0.14
• Current Ratio: 4.65
• Quick Ratio: 3.77

Sales & Book Value

• Annual Sales: $231.74 million
• Price / Sales: 0.48
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $7.44 per share
• Price / Book: 0.42

Miscellaneous

• Outstanding Shares: 35,920,000
• Free Float: 33,876,000
• Market Cap: $111.17 million
• Optionable: Optionable
• Beta: 0.82