Amkor Technology (NASDAQ:AMKR) Posts Quarterly Earnings Results, Beats Expectations By $0.23 EPS

Amkor Technology (NASDAQ:AMKR) announced its earnings results on Monday. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23, FiscalAI reports. The company had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The firm’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same period last year, the company posted $0.22 earnings per share. Amkor Technology updated its Q3 2026 guidance to 0.720-0.820 EPS.

Here are the key takeaways from Amkor Technology’s conference call:

• Record Q2 performance: Revenue reached $1.9 billion, up 26% year over year, with growth across all end markets; EPS rose to $0.70 as utilization and product mix improved profitability.
• Computing demand is accelerating: Q2 computing revenue increased 20% sequentially to a record, and management expects nearly 30% sequential growth in Q3, driven by AI data-center demand and the ramp of a high-density fan-out CPU program.
• Amkor signed long-term advanced-packaging partnerships with TSMC and NVIDIA, including a planned NVIDIA prepayment in 2027, strengthening customer visibility and supporting multi-year capacity expansion opportunities.
• Communications revenue is expected to decline by high single digits sequentially in Q3 due to memory constraints, changing build patterns, and the migration of SiP production to Vietnam; softness in one application area could persist into the first half of 2027.
• Amkor maintained substantial 2026 capital spending of $2.5 billion to $3 billion, while future Arizona capacity is expected to create gross- and operating-margin pressure as the facility ramps and remains underutilized.

Amkor Technology Price Performance

Shares of AMKR stock opened at $60.71 on Tuesday. The firm’s 50 day moving average price is $73.25 and its two-hundred day moving average price is $60.82. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.74 and a current ratio of 2.01. Amkor Technology has a 52-week low of $20.86 and a 52-week high of $96.68. The stock has a market cap of $15.05 billion, a PE ratio of 34.69 and a beta of 2.20.

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd were paid a $0.0835 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 0.6%. Amkor Technology’s dividend payout ratio (DPR) is presently 18.86%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AMKR. B. Riley Financial dropped their target price on shares of Amkor Technology from $90.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, July 22nd. Morgan Stanley increased their price target on shares of Amkor Technology from $45.00 to $69.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Needham & Company LLC raised their price target on shares of Amkor Technology from $65.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Finally, Melius Research raised Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Amkor Technology currently has a consensus rating of “Moderate Buy” and an average price target of $69.25.

Insider Activity at Amkor Technology

In other Amkor Technology news, Director Guillaume Marie Jean Rutten sold 50,000 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $74.28, for a total transaction of $3,714,000.00. Following the completion of the sale, the director owned 502,558 shares in the company, valued at approximately $37,330,008.24. The trade was a 9.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Megan Faust sold 1,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $70.30, for a total value of $70,300.00. Following the completion of the transaction, the chief financial officer directly owned 132,138 shares in the company, valued at approximately $9,289,301.40. This trade represents a 0.75% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 114,000 shares of company stock worth $8,631,450. 26.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Amkor Technology

Several hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Amkor Technology by 913.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock valued at $136,000 after purchasing an additional 6,768 shares during the period. Kestra Advisory Services LLC bought a new stake in Amkor Technology in the fourth quarter valued at approximately $123,000. Wexford Capital LP bought a new stake in Amkor Technology in the third quarter valued at approximately $97,000. Osaic Holdings Inc. raised its holdings in Amkor Technology by 189.4% in the second quarter. Osaic Holdings Inc. now owns 4,182 shares of the semiconductor company’s stock worth $88,000 after purchasing an additional 2,737 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its holdings in Amkor Technology by 72.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,220 shares of the semiconductor company’s stock worth $88,000 after purchasing an additional 932 shares during the period. Institutional investors and hedge funds own 42.76% of the company’s stock.

Trending Headlines about Amkor Technology

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

• Positive Sentiment: Q2 earnings and revenue beat estimates: Amkor reported adjusted earnings of $0.70 per share versus the $0.47 analyst consensus, while revenue reached $1.90 billion compared with expectations of $1.81 billion. Revenue increased 25.6% from the prior year, and EPS rose sharply from $0.22. Amkor Technology Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Record quarter and broad-based demand: Management attributed the strong performance to growth in computing, automotive and industrial markets. The results reinforce the investment case for Amkor’s semiconductor packaging and test operations and are driving positive momentum in the shares. Amkor Delivers Record Q2 as Earnings and Revenue Crush Estimates
• Positive Sentiment: Q3 EPS outlook exceeded expectations: Amkor guided for third-quarter EPS of $0.72 to $0.82, above the $0.62 consensus estimate. This suggests continued profit strength despite a mixed revenue outlook. Amkor Technology Reports Financial Results for the Second Quarter 2026
• Neutral Sentiment: Analyst price target remains moderately bullish: Analysts assign Amkor an average price target of $68, above the referenced $60.71 opening price, but the target implies more limited upside than the stock’s recent 210% run and remains below its 52-week high. Amkor Receives $68 Average Price Target
• Negative Sentiment: Revenue guidance was mixed: Amkor forecast third-quarter revenue of $2.0 billion to $2.1 billion, versus a $2.1 billion consensus estimate. The lower end of the range raises concerns that sales growth could moderate even as margins and EPS remain strong. Amkor Q2 2026 Earnings Call Transcript

About Amkor Technology

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.