Amkor Technology, Inc. (AMKR)
NASDAQ: AMKR · IEX Real-Time Price · USD
40.22
-0.02 (-0.05%)
At close: Jul 2, 2024, 4:00 PM
40.24
+0.02 (0.05%)
After-hours: Jul 2, 2024, 7:25 PM EDT
Amkor Technology Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Amkor Technology stock have an average target of 41, with a low estimate of 35 and a high estimate of 50. The average target predicts an increase of 1.94% from the current stock price of 40.22.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AMKR stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $34 → $38 | Hold | Maintains | $34 → $38 | -5.52% | Jul 2, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $48 | Buy | Initiates | $48 | +19.34% | Jul 1, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $45 → $50 | Strong Buy | Maintains | $45 → $50 | +24.32% | Jun 20, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $32 → $36 | Hold | Maintains | $32 → $36 | -10.49% | May 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | -0.55% | Apr 30, 2024 |
Financial Forecast
Revenue This Year
6.67B
from 6.50B
Increased by 2.57%
Revenue Next Year
7.39B
from 6.67B
Increased by 10.76%
EPS This Year
1.82
from 1.46
Increased by 24.64%
EPS Next Year
2.51
from 1.82
Increased by 37.90%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.0B | 7.8B | 8.5B |
| Avg | 6.7B | 7.4B | 8.1B |
| Low | 6.3B | 7.0B | 7.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.3% | 17.5% | 15.7% |
| Avg | 2.6% | 10.8% | 9.5% |
| Low | -2.6% | 4.3% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.05 | 2.74 | 3.59 |
| Avg | 1.82 | 2.51 | 3.24 |
| Low | 1.62 | 2.21 | 2.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 40.2% | 50.6% | 43.1% |
| Avg | 24.6% | 37.9% | 29.1% |
| Low | 10.8% | 21.2% | 18.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.