Amkor Technology (NASDAQ:AMKR) Hits New 12-Month High After Analyst Upgrade

Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report)’s stock price hit a new 52-week high on Wednesday after JPMorgan Chase & Co. raised their price target on the stock from $32.00 to $65.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Amkor Technology traded as high as $56.81 and last traded at $54.2340, with a volume of 1087665 shares trading hands. The stock had previously closed at $53.46.

Several other equities research analysts also recently commented on AMKR. Wall Street Zen downgraded shares of Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Morgan Stanley upped their price objective on shares of Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research report on Tuesday. Needham & Company LLC raised their price objective on Amkor Technology from $50.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday. The Goldman Sachs Group boosted their target price on Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, UBS Group set a $43.00 price target on Amkor Technology in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $49.86.

Read Our Latest Research Report on AMKR

Insider Buying and Selling

In other Amkor Technology news, Director Gil C. Tily sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $46.44, for a total value of $928,800.00. Following the sale, the director owned 123,806 shares in the company, valued at approximately $5,749,550.64. The trade was a 13.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kevin Engel sold 11,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $46.21, for a total value of $508,310.00. Following the transaction, the executive vice president directly owned 349 shares of the company’s stock, valued at approximately $16,127.29. This trade represents a 96.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 96,000 shares of company stock valued at $4,085,910. Corporate insiders own 26.90% of the company’s stock.

Amkor Technology News Roundup

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

  • Positive Sentiment: Major Wall Street/analyst support — recent coverage from Needham and JPMorgan projects further upside for AMKR, reinforcing investor confidence in Amkor’s positioning in the chip-packaging/test market. Needham Says Stock Expected to Rise JPMorgan Forecasts Strong Price Appreciation
  • Positive Sentiment: Market narrative favors chip‑infrastructure names — MarketBeat highlights Amkor as a beneficiary of the AI/data‑center buildout (testing and packaging exposure), supporting medium‑term demand expectations for its services. Is AI Really Eating Software? (MarketBeat)
  • Positive Sentiment: Momentum research and screens (Zacks/MSN pieces) continue to flag AMKR as a long‑term momentum name, which can attract momentum/trend buyers after earnings strength. Why AMKR is a Top Momentum Stock (Zacks)
  • Neutral Sentiment: Options activity shows elevated interest — Zacks notes recent options moves that could be pricing in larger intraday swings; this can amplify price moves but is ambiguous on direction. Options Market May Be Predicting a Spike (Zacks)
  • Neutral Sentiment: Short‑interest reporting looks unreliable — recent feeds show zeros/NaN for short interest and days‑to‑cover, so short‑borrow dynamics are unclear and shouldn’t be relied on to explain today’s move. (Data entries on 2/11–2/12)
  • Negative Sentiment: Secondary offering by the Kim family — a 10 million‑share secondary was announced and then priced, creating immediate supply overhang and a clear near‑term negative catalyst as insiders increase available shares for sale. Higher trading volume today suggests that execution of that offering and related selling pressure are the primary drivers of the decline. Pricing of Secondary Offering (BusinessWire) Secondary Offering Announced (BusinessWire)

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC acquired a new position in shares of Amkor Technology during the 3rd quarter worth about $25,000. Bessemer Group Inc. raised its holdings in Amkor Technology by 72.1% during the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 391 shares in the last quarter. IFP Advisors Inc raised its holdings in Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 447 shares in the last quarter. Hantz Financial Services Inc. boosted its position in Amkor Technology by 1,050.4% during the second quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 1,250 shares during the last quarter. Finally, Root Financial Partners LLC grew its stake in Amkor Technology by 38.8% in the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 262 shares in the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology Stock Performance

The stock has a market capitalization of $12.75 billion, a P/E ratio of 34.17 and a beta of 2.00. The stock has a 50 day simple moving average of $46.66 and a two-hundred day simple moving average of $35.16. The company has a quick ratio of 1.60, a current ratio of 2.27 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKRGet Free Report) last announced its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.26. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The company had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter in the prior year, the business posted $0.43 EPS. The business’s revenue was up 15.9% compared to the same quarter last year. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, equities analysts forecast that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

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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