Amkor Technology, Inc. (NASDAQ:AMKR) Receives $29.63 Consensus Price Target from Brokerages

Amkor Technology, Inc. (NASDAQ:AMKR) has received an average rating of “Moderate Buy” from the twelve ratings firms that are currently covering the company, Marketbeat reports. Seven research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $29.6250.

AMKR has been the topic of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. B. Riley raised their target price on Amkor Technology from $18.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 29th. The Goldman Sachs Group lifted their target price on Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. DA Davidson increased their price target on Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th.

Amkor Technology Stock Performance

Amkor Technology stock opened at $30.89 on Friday. The business has a 50 day moving average of $30.68 and a 200-day moving average of $24.61. The company has a market capitalization of $7.64 billion, a P/E ratio of 24.71 and a beta of 2.02. Amkor Technology has a 1 year low of $14.03 and a 1 year high of $38.22. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.70.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.09. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same period in the previous year, the firm posted $0.49 EPS. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, equities research analysts predict that Amkor Technology will post 1.47 earnings per share for the current year.

Amkor Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be issued a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, December 3rd. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio (DPR) is 26.40%.

Insiders Place Their Bets

In related news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $30.74, for a total value of $307,400.00. Following the transaction, the chief executive officer owned 356,699 shares in the company, valued at $10,964,927.26. The trade was a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Farshad Haghighi sold 11,792 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total transaction of $294,800.00. Following the sale, the executive vice president directly owned 8,354 shares in the company, valued at $208,850. This trade represents a 58.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 31,792 shares of company stock worth $902,200. Insiders own 26.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Teacher Retirement System of Texas bought a new stake in shares of Amkor Technology during the 1st quarter valued at about $293,000. Envestnet Asset Management Inc. lifted its stake in Amkor Technology by 7.1% in the first quarter. Envestnet Asset Management Inc. now owns 612,101 shares of the semiconductor company’s stock valued at $11,055,000 after buying an additional 40,653 shares during the period. Allworth Financial LP boosted its holdings in shares of Amkor Technology by 166.3% during the 1st quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company’s stock worth $38,000 after buying an additional 1,357 shares in the last quarter. Cerity Partners LLC boosted its holdings in shares of Amkor Technology by 26.3% during the 1st quarter. Cerity Partners LLC now owns 239,308 shares of the semiconductor company’s stock worth $4,322,000 after buying an additional 49,820 shares in the last quarter. Finally, CWM LLC grew its position in shares of Amkor Technology by 183.5% during the 1st quarter. CWM LLC now owns 28,026 shares of the semiconductor company’s stock worth $506,000 after buying an additional 18,139 shares during the period. 42.76% of the stock is owned by institutional investors and hedge funds.

Amkor Technology Company Profile

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.