B. Riley Financial Lowers Amkor Technology (NASDAQ:AMKR) Price Target to $65.00

Amkor Technology (NASDAQ:AMKRGet Free Report) had its price objective lowered by B. Riley Financial from $75.00 to $65.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the semiconductor company’s stock. B. Riley Financial’s target price points to a potential upside of 7.07% from the company’s previous close.

Several other analysts have also weighed in on the company. Needham & Company LLC reissued a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a report on Tuesday. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Melius Research raised shares of Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a research note on Monday, April 6th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Friday, July 17th. Finally, UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $80.00 to $90.00 in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $68.00.

Get Our Latest Report on AMKR

Amkor Technology Stock Down 6.5%

AMKR stock opened at $60.71 on Tuesday. The company has a market cap of $15.05 billion, a P/E ratio of 34.69 and a beta of 2.20. Amkor Technology has a 52 week low of $20.86 and a 52 week high of $96.68. The company’s 50-day moving average price is $73.25 and its 200 day moving average price is $60.82. The company has a current ratio of 2.01, a quick ratio of 1.74 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. Amkor Technology had a net margin of 6.17% and a return on equity of 9.88%. The company had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period last year, the company posted $0.22 earnings per share. The firm’s quarterly revenue was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts expect that Amkor Technology will post 2.08 earnings per share for the current fiscal year.

Insider Activity at Amkor Technology

In other Amkor Technology news, CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $70.30, for a total transaction of $70,300.00. Following the completion of the transaction, the chief financial officer directly owned 132,138 shares of the company’s stock, valued at $9,289,301.40. This trade represents a 0.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gil C. Tily sold 15,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was 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 of the company’s stock, valued at $8,410,703.80. The trade was a 12.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 114,000 shares of company stock valued at $8,631,450. 26.40% of the stock is currently owned by insiders.

Institutional Trading of Amkor Technology

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bessemer Group Inc. lifted its position in shares of Amkor Technology by 12.5% in the 1st quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company’s stock worth $55,000 after buying an additional 135 shares during the last quarter. Arista Wealth Management LLC raised its stake in Amkor Technology by 1.2% during the second quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company’s stock worth $1,176,000 after acquiring an additional 157 shares during the period. CoreCap Advisors LLC grew its holdings in shares of Amkor Technology by 56.4% during the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 158 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of Amkor Technology by 2.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock worth $387,000 after purchasing an additional 202 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in Amkor Technology by 0.6% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock valued at $1,430,000 after purchasing an additional 218 shares during the period. 42.76% of the stock is owned by institutional investors and hedge funds.

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

Amkor Technology Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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