Magnachip Semiconductor (MX) to Release Quarterly Earnings on Wednesday

Magnachip Semiconductor (NYSE:MX) is anticipated to announce its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to announce earnings of ($0.22) per share and revenue of $46.50 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

Magnachip Semiconductor (NYSE:MX) last announced its earnings results on Tuesday, April 28th. The semiconductor company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.11. The firm had revenue of $46.21 million for the quarter, compared to analyst estimates of $46.00 million. Magnachip Semiconductor had a negative net margin of 14.14% and a negative return on equity of 4.68%.

Magnachip Semiconductor Trading Down 0.1%

Shares of MX opened at $3.50 on Monday. The stock has a fifty day moving average of $5.26 and a two-hundred day moving average of $3.88. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.91 and a current ratio of 2.37. The company has a market capitalization of $127.36 million, a PE ratio of -4.99 and a beta of 1.59. Magnachip Semiconductor has a fifty-two week low of $2.18 and a fifty-two week high of $9.86.

Analyst Ratings Changes

MX has been the topic of several analyst reports. Zacks Research cut Magnachip Semiconductor from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Wall Street Zen upgraded Magnachip Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings raised Magnachip Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $5.50.

Hedge Funds Weigh In On Magnachip Semiconductor

A number of large investors have recently bought and sold shares of the stock. American Century Companies Inc. grew its stake in shares of Magnachip Semiconductor by 4.7% during the 2nd quarter. American Century Companies Inc. now owns 76,312 shares of the semiconductor company’s stock valued at $304,000 after buying an additional 3,451 shares during the period. Jump Financial LLC increased its holdings in shares of Magnachip Semiconductor by 80.9% during the 2nd quarter. Jump Financial LLC now owns 69,827 shares of the semiconductor company’s stock worth $278,000 after buying an additional 31,222 shares during the last quarter. Engineers Gate Manager LP raised its position in shares of Magnachip Semiconductor by 15.4% in the 2nd quarter. Engineers Gate Manager LP now owns 59,648 shares of the semiconductor company’s stock worth $237,000 after buying an additional 7,941 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in Magnachip Semiconductor by 22.9% in the first quarter. Cubist Systematic Strategies LLC now owns 60,638 shares of the semiconductor company’s stock valued at $208,000 after acquiring an additional 11,298 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Magnachip Semiconductor in the first quarter valued at $115,000. Hedge funds and other institutional investors own 74.26% of the company’s stock.

Magnachip Semiconductor Company Profile

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.