Magnachip Semiconductor Corporation (MX)
NYSE: MX · Real-Time Price · USD
3.820
0.00 (0.00%)
Nov 4, 2024, 4:00 PM EST - Market closed
Magnachip Semiconductor Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MX stock have an average target of 7.50, with a low estimate of 7.00 and a high estimate of 8.00. The average target predicts an increase of 96.34% from the current stock price of 3.82.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 1, 2024.
Analyst Ratings
The average analyst rating for MX stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +83.25% | Aug 1, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +109.42% | May 3, 2024 |
| Needham | Needham | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +109.42% | May 3, 2024 |
| Needham | Needham | Strong Buy Maintains $13 → $10 | Strong Buy | Maintains | $13 → $10 | +161.78% | Feb 29, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $15 → $10 | Strong Buy | Maintains | $15 → $10 | +161.78% | Nov 3, 2023 |
Financial Forecast
Revenue This Year
234.05M
from 230.05M
Increased by 1.74%
Revenue Next Year
276.59M
from 234.05M
Increased by 18.18%
EPS This Year
-0.98
from -0.89
EPS Next Year
-1.00
from -0.98
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 239.1M | 288.8M |
| Avg | 234.1M | 276.6M |
| Low | 222.5M | 252.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 3.9% | 23.4% |
| Avg | 1.7% | 18.2% |
| Low | -3.3% | 7.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.85 | -0.61 |
| Avg | -0.98 | -1.00 |
| Low | -1.03 | -1.16 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
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.