Magnachip Semiconductor Corporation (MX)
Market Cap | 416.41M |
Revenue (ttm) | 337.66M |
Net Income (ttm) | -8.04M |
Shares Out | 44.87M |
EPS (ttm) | -0.18 |
PE Ratio | n/a |
Forward PE | 29.07 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 188,215 |
Open | 9.10 |
Previous Close | 9.10 |
Day's Range | 9.10 - 9.32 |
52-Week Range | 8.45 - 20.64 |
Beta | 0.98 |
Analysts | Buy |
Price Target | 14.28 (+53.88%) |
Earnings Date | May 2, 2023 |
About MX
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, notebook PCs, monitors and liquid crystal displays, and micro light-emitting diode (LED) televis... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for MX stock is "Buy." The 12-month stock price forecast is $14.28, which is an increase of 53.88% from the latest price.
News

Magnachip Enters Full-Scale Mass Production of PDFN56 Dual Packaging 40V MXT MOSFET for Electric Vehicles
– The PDFN56 dual package enables small footprint and low conduction loss es SEOUL, South Korea , March 21, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announce...

Magnachip Unveils Super-Short Channel MXT MOSFETs for Smartphone Battery Protection Circuit Modules
SEOUL, South Korea , March 2, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has released two seventh-generation MXT Metal-Oxide-Sem...

Magnachip (MX) Reports Q4 Loss, Tops Revenue Estimates
Magnachip (MX) delivered earnings and revenue surprises of -44% and 2.08%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Magnachip Reports Results for Fourth Quarter and Full-Year 2022
Fourth quarter revenue of $61.0 million was near the high-end of our guidance range. YoY, our revenue decreased 44.7% primarily due to severe 28nm wafer shortages required for our Display business.

Magnachip to Announce Fourth Quarter and Year 2022 Financial Results on February 16
SEOUL, South Korea , Feb. 1, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the fourth quarter and year...

Magnachip to Participate in 25th Annual Needham Growth Conference
SEOUL, South Korea , Jan. 3, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that its management will participate virtually in the 25th Annual Needham...

Magnachip Introduces 8th-Gen 150V MXT MOSFET for Light Electric Vehicles
– Magnachip's eighth-generation 150V MXT MOSFET features lower RDS(on) and a TOLL package to enable motor controllers and battery management systems to be managed efficiently SEOUL, South Korea , De...

Magnachip Unveils its First Power Management IC Optimized for OLED IT Devices
SEOUL, South Korea , Nov. 15, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has launched its first Power Management Integrated Circ...

Magnachip (MX) Q3 Earnings Top Estimates
Magnachip (MX) delivered earnings and revenue surprises of 150% and 1.46%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Magnachip Reports Results for Third Quarter 2022
Revenue of $71.2 million was within our guidance range. The year-over-year and sequential decline were primarily driven by the supply shortages of OLED wafers in the 2nd half of this year that impacte...

MX or MPWR: Which Is the Better Value Stock Right Now?
MX vs. MPWR: Which Stock Is the Better Value Option?

Magnachip to Announce Third Quarter 2022 Financial Results on November 2
SEOUL, South Korea , Oct. 19, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the third quarter ended Se...

Magnachip Announces Expanded Stock Repurchase Program
SEOUL, South Korea , Sept. 12, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that the Board of Directors has authorized an expansio...

Magnachip Unveils Third-Generation 200V MV MOSFETs
- 3 new 200V MV MOSFETs will help the company grow its global market share in the LEV motor controller and industrial power supply sectors SEOUL, South Korea , Sept. 6, 2022 /PRNewswire/ -- Magnachip...

MagnaChip Semiconductor Is a Win-Win
MagnaChip Semiconductor Corporation ( MX , Financial) presents a sterling value opportunity, in my opinion. The economy, stock market and the chip industry are going to recover soon, and I expect chip...

7 Safe Small-Cap Stocks to Buy Now
Let's begin by defining the realm of small-cap stocks before we discuss those that appear to be strong, safe investments currently. As their name implies, small-cap stocks have lower market capitaliza...

Magnachip (MX) Tops Q2 Earnings Estimates
Magnachip (MX) delivered earnings and revenue surprises of 9.52% and 0.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Magnachip Reports Results for Second Quarter 2022 and Reaffirms Previously-Announced Stock Buyback Program
Revenue of $101.4 million was down 2.6% sequentially and down 11.0% year-over-year (YoY). The YoY decrease was mainly due to severe supply shortages for 28nm 12" OLED wafers, partially offset by an 11...

Magnachip to Participate in Oppenheimer 25th Annual Technology, Internet & Communications Conference
SEOUL, South Korea , July 27, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that its management will participate at the Oppenheimer 25th Annual Tech...

7 Small-Cap Growth Stocks to Buy on the Dip
Pullbacks can scare weaker investors away, but these small-cap growth stocks to buy on the dip have enough promise to make me bullish. The post 7 Small-Cap Growth Stocks to Buy on the Dip appeared fir...

Magnachip to Announce Second Quarter 2022 Financial Results on August 8
SEOUL, South Korea , July 25, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the second quarter ended J...

Magnachip Introduces a New 24V MOSFET for Wireless Earphone Batteries
- New product features strong protection for battery circuits and will help the company grow its global market share of products for battery-powered electronic devices SEOUL, South Korea , July 18, 2...

Strength Seen in Magnachip (MX): Can Its 9.9% Jump Turn into More Strength?
Magnachip (MX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the roa...

Magnachip Unveils a New 650V IGBT for Solar Inverters
Company intends to grow its market share in the global solar energy market with the release of this new IGBT SEOUL, South Korea , June 17, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Ma...

Read Why Magnachip Shares Are Trading Higher Today
LX Group collaborated with the Carlyle Group private equity fund manager to propose a takeover offer for Magnachip Semiconductor Corp (NYSE: MX), a media reported. LX Group recently submitted a letter...