Magnachip Semiconductor Corporation (MX)
NYSE: MX · IEX Real-Time Price · USD
4.880
-0.020 (-0.41%)
At close: Jul 19, 2024, 4:00 PM
4.960
+0.080 (1.64%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Magnachip Semiconductor Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MX stock have an average target of 9.67, with a low estimate of 8.00 and a high estimate of 13. The average target predicts an increase of 98.16% from the current stock price of 4.88.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for MX stock from 3 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
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 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Roth MKM | Roth MKM | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +63.93% | May 3, 2024 |
Needham | Needham | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +63.93% | May 3, 2024 |
Needham | Needham | Strong Buy Maintains $13 → $10 | Strong Buy | Maintains | $13 → $10 | +104.92% | Feb 29, 2024 |
Roth MKM | Roth MKM | Strong Buy Maintains $15 → $10 | Strong Buy | Maintains | $15 → $10 | +104.92% | Nov 3, 2023 |
Needham | Needham | Strong Buy Reiterates $13 | Strong Buy | Reiterates | $13 | +166.39% | Aug 10, 2023 |
Financial Forecast
Revenue This Year
242.98M
from 230.05M
Increased by 5.62%
Revenue Next Year
297.26M
from 242.98M
Increased by 22.34%
EPS This Year
-1.19
from -0.89
EPS Next Year
-0.92
from -1.19
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 254.6M | 320.3M |
Avg | 243.0M | 297.3M |
Low | 225.6M | 255.6M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 10.7% | 31.8% |
Avg | 5.6% | 22.3% |
Low | -1.9% | 5.2% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -1.09 | -0.77 |
Avg | -1.19 | -0.92 |
Low | -1.23 | -0.98 |
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.