Amkor Technology (NASDAQ:AMKR) Stock Price Up 4.5% – Should You Buy?

Amkor Technology, Inc. (NASDAQ:AMKR)’s share price shot up 4.5% on Wednesday . The company traded as high as $68.93 and last traded at $68.49. 3,032,518 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 4,515,852 shares. The stock had previously closed at $65.54.

Key Stories Impacting Amkor Technology

Here are the key news stories impacting Amkor Technology this week:

• Positive Sentiment: Amkor said its HDFO CPU packaging ramp and stronger AI demand could nearly triple advanced packaging volumes in 2026, reinforcing the company’s growth outlook as compute spending expands. Can HDFO CPU Packaging Ramp Help Sustain AMKR’s Compute Growth?
• Positive Sentiment: Reuters reported that Amkor is working with AMD on advanced chip packaging after buying additional land in Arizona, a sign that customer demand and capacity expansion are both moving in Amkor’s favor. Amkor working with AMD on advanced packaging after acquiring more land in Arizona
• Positive Sentiment: Amkor updated its long-term earnings outlook, including FY 2028 EPS guidance above consensus, which can support the stock by signaling confidence in sustained profitability.
• Neutral Sentiment: Amkor held its 2026 Investor Day and rang the Nasdaq Closing Bell, a visibility event that may help investor sentiment but is not a direct financial driver. Amkor Technology to Host 2026 Investor Day and Ring Nasdaq Closing Bell
• Neutral Sentiment: CFO Megan Faust sold 1,000 shares under a pre-arranged 10b5-1 plan, which is typically viewed as routine insider activity rather than a strong bearish signal. Megan Faust Sells 1,000 Shares of Amkor Technology (NASDAQ:AMKR) Stock
• Negative Sentiment: Some market commentary noted that while Amkor remains an AI-linked growth name, competitors such as Lumentum may be viewed as having better near-term demand momentum, which could temper enthusiasm. LITE vs. AMKR: Which AI Connectivity Stock Has Better Potential?

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AMKR. JPMorgan Chase & Co. raised their price target on shares of Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. B. Riley Financial raised their price target on shares of Amkor Technology from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research note on Monday, April 20th. Wall Street Zen cut shares of Amkor Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Finally, UBS Group set a $43.00 price objective on shares of Amkor Technology in a research note on Tuesday, February 10th. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Amkor Technology presently has an average rating of “Hold” and an average price target of $62.75.

Amkor Technology Trading Down 0.2%

The business’s 50-day moving average price is $59.61 and its two-hundred day moving average price is $49.25. The company has a market capitalization of $16.30 billion, a P/E ratio of 37.57 and a beta of 2.29. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.74.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.10. The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Amkor Technology had a net margin of 6.17% and a return on equity of 9.88%. The business’s quarterly revenue was up 27.5% compared to the same quarter last year. During the same period last year, the firm posted $0.09 earnings per share. As a group, analysts forecast that Amkor Technology, Inc. will post 2.08 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd will be given a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, June 3rd. Amkor Technology’s dividend payout ratio (DPR) is currently 18.86%.

Insider Activity at Amkor Technology

In other news, Director Winston J. Churchill sold 7,000 shares of Amkor Technology stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $76.45, for a total transaction of $535,150.00. Following the transaction, the director directly owned 18,888 shares of the company’s stock, valued at $1,443,987.60. This trade represents a 27.04% 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, Director Gil C. Tily sold 15,000 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $77.30, for a total transaction of $1,159,500.00. Following the completion of the sale, the director directly owned 108,806 shares in the company, valued at $8,410,703.80. This represents a 12.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 145,500 shares of company stock valued at $9,844,325. 26.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amkor Technology

Institutional investors have recently added to or reduced their stakes in the stock. Bessemer Group Inc. lifted its position in Amkor Technology by 72.1% in the 3rd quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 391 shares in the last quarter. IFP Advisors Inc lifted its position in Amkor Technology by 91.2% in the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 447 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Amkor Technology by 180.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 440 shares in the last quarter. Root Financial Partners LLC lifted its position in Amkor Technology by 38.8% in the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 262 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its position in Amkor Technology by 61.8% in the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 854 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.