Amkor Technology (NASDAQ:AMKR) Downgraded to “Hold” Rating by B. Riley

Amkor Technology (NASDAQ:AMKRGet Free Report) was downgraded by stock analysts at B. Riley from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports. B. Riley also issued estimates for Amkor Technology’s Q2 2025 earnings at $0.06 EPS, FY2025 earnings at $1.29 EPS, Q1 2026 earnings at $0.38 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.52 EPS, Q4 2026 earnings at $0.46 EPS, FY2026 earnings at $1.69 EPS and FY2027 earnings at $1.93 EPS.

Several other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. lowered their price target on Amkor Technology from $42.00 to $30.00 and set an “overweight” rating for the company in a research note on Tuesday, February 11th. Melius Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, January 6th. Morgan Stanley reduced their price objective on shares of Amkor Technology from $26.00 to $24.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 11th. Needham & Company LLC restated a “buy” rating and set a $34.00 target price on shares of Amkor Technology in a report on Tuesday, February 11th. Finally, Melius downgraded Amkor Technology from a “buy” rating to a “hold” rating and decreased their price target for the stock from $34.00 to $30.00 in a research note on Monday, January 6th. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $31.50.

Read Our Latest Stock Analysis on Amkor Technology

Amkor Technology Price Performance

Shares of AMKR opened at $15.89 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.11 and a quick ratio of 1.90. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 11.11 and a beta of 1.88. The business’s 50-day moving average is $19.11 and its 200-day moving average is $23.98. Amkor Technology has a fifty-two week low of $14.03 and a fifty-two week high of $44.86.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its earnings results on Monday, February 10th. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.06. Amkor Technology had a net margin of 5.60% and a return on equity of 8.59%. Equities research analysts expect that Amkor Technology will post 1.47 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Kevin Engel sold 5,489 shares of the company’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $21.69, for a total value of $119,056.41. Following the completion of the transaction, the executive vice president now directly owns 1,388 shares in the company, valued at approximately $30,105.72. This represents a 79.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Agnes C. Kim sold 869,565 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $21.85, for a total transaction of $18,999,995.25. Following the completion of the transaction, the insider now owns 10,020,870 shares of the company’s stock, valued at approximately $218,956,009.50. This represents a 7.98 % decrease in their position. The disclosure for this sale can be found here. 26.90% of the stock is owned by company insiders.

Institutional Trading of Amkor Technology

Several institutional investors have recently bought and sold shares of the stock. UG Investment Advisers Ltd. bought a new position in shares of Amkor Technology during the first quarter valued at $21,057,000. State of Alaska Department of Revenue increased its position in shares of Amkor Technology by 14.8% during the 1st quarter. State of Alaska Department of Revenue now owns 264,227 shares of the semiconductor company’s stock worth $4,771,000 after purchasing an additional 34,115 shares in the last quarter. Mission Wealth Management LP bought a new position in Amkor Technology during the 1st quarter valued at about $362,000. Hanson & Doremus Investment Management boosted its position in Amkor Technology by 19.1% in the first quarter. Hanson & Doremus Investment Management now owns 34,041 shares of the semiconductor company’s stock valued at $615,000 after buying an additional 5,466 shares in the last quarter. Finally, Palouse Capital Management Inc. grew its stake in Amkor Technology by 52.2% during the first quarter. Palouse Capital Management Inc. now owns 4,010 shares of the semiconductor company’s stock worth $72,000 after buying an additional 1,375 shares during the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology Company Profile

(Get Free Report)

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.

Further Reading

Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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