Amkor Technology, Inc. (AMKR)
NASDAQ: AMKR · IEX Real-Time Price · USD
30.33
-2.02 (-6.24%)
At close: May 1, 2024, 4:00 PM
31.00
+0.67 (2.21%)
After-hours: May 1, 2024, 6:30 PM EDT
Amkor Technology Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Amkor Technology stock have an average target of 38.33, with a low estimate of 34 and a high estimate of 45. The average target predicts an increase of 26.38% from the current stock price of 30.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AMKR stock from 7 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $32 → $36 | Hold | Maintains | $32 → $36 | +18.69% | May 1, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $35 → $40 | Strong Buy | Maintains | $35 → $40 | +31.88% | Apr 30, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $32 → $34 | Hold | Maintains | $32 → $34 | +12.10% | Apr 30, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $43 → $45 | Strong Buy | Reiterates | $43 → $45 | +48.37% | Apr 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +31.88% | Apr 30, 2024 |
Financial Forecast
Revenue This Year
6.61B
from 6.50B
Increased by 1.60%
Revenue Next Year
7.27B
from 6.61B
Increased by 10.07%
EPS This Year
1.66
from 1.46
Increased by 13.80%
EPS Next Year
2.36
from 1.66
Increased by 42.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.0B | 7.8B | 8.4B |
| Avg | 6.6B | 7.3B | 7.9B |
| Low | 6.2B | 6.6B | 7.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.8% | 17.5% | 15.0% |
| Avg | 1.6% | 10.1% | 8.9% |
| Low | -4.4% | 0.5% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.82 | 2.64 | 3.37 |
| Avg | 1.66 | 2.36 | 3.08 |
| Low | 1.42 | 2.07 | 2.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.4% | 58.6% | 42.8% |
| Avg | 13.8% | 42.1% | 30.7% |
| Low | -2.5% | 24.5% | 19.6% |
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.