Magnachip Semiconductor Corporation (MX)
NYSE: MX · Real-Time Price · USD
3.690
+0.050 (1.37%)
Nov 21, 2024, 12:06 PM EST - Market open

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 103.25% from the current stock price of 3.69.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.00 $7.50 $8.00 $8.00
Change +89.70% +103.25% +116.80% +116.80%
* 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333332
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 333332

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Maintains
$8$7
Strong Buy Maintains $8$7 +89.70% Aug 1, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$10$8
Strong Buy Maintains $10$8 +116.80% May 3, 2024
Needham
Needham
Strong Buy
Maintains
$10$8
Strong Buy Maintains $10$8 +116.80% May 3, 2024
Needham
Needham
Strong Buy
Maintains
$13$10
Strong Buy Maintains $13$10 +171.00% Feb 29, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$15$10
Strong Buy Maintains $15$10 +171.00% Nov 3, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
237.17M
from 230.05M
Increased by 3.09%
Revenue Next Year
261.04M
from 237.17M
Increased by 10.06%
EPS This Year
-1.06
from -0.89
EPS Next Year
-1.12
from -1.06
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025
Revenue
520.67M507.06M474.23M337.66M230.05M237.17M261.04M
Revenue Growth
11.87%-2.61%-6.47%-28.80%-31.87%3.09%10.06%
EPS
-0.647.541.21-0.18-0.89-1.06-1.12
EPS Growth
---83.97%----
Forward PE
-------
No. Analysts -----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 241.9M 273.3M
Avg 237.2M 261.0M
Low 225.6M 240.1M

Revenue Growth

Revenue Growth 20242025
High
5.2%
15.2%
Avg
3.1%
10.1%
Low
-1.9%
1.2%

EPS Forecast

EPS 20242025
High -1.02 -0.86
Avg -1.06 -1.12
Low -1.04 -1.23

EPS Growth

EPS Growth 20242025
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.