10 stories mentioning AMKR
Every FINWIRES story that references AMKR, newest first.
Amkor Technology (AMKR) shares fell 3.5% in Thursday trading after the company set 2028 financial targets that trailed expectations by analysts.In an investor presentation, Amkor said it is targeting 2028 EPS of $2.50, plus or minus $0.25, on revenue of $9 billion, plus or minus $500 million. Analysts polled by FactSet expect EPS of $3.07 and revenue of $9.22 billion.Price: $66.07, Change: $-2.42, Percent Change: -3.53%
Technology stocks were rising premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1%% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 1.4%.Amkor Technology (AMKR) shares were up more than 3% after the company said it has acquired an additional 67-acre parcel next to its Arizona semiconductor campus as it expands advanced packaging and testing operations in the US.Nvidia (NVDA) will open its first research center in Singapore focused on embodied AI and improving AI infrastructure efficiency, multiple media reports said. Nvidia stock was up more than 1% pre-bell.GDS (GDS) shares were up more than 2% after the company posted higher Q1 income and net revenue.
Technology stocks were rising premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.1%% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 1.5%.Amkor Technology (AMKR) shares were up more than 2% after the company said it has acquired an additional 67-acre parcel next to its Arizona semiconductor campus as it expands advanced packaging and testing operations in the US.
Gil C. Tily, Director, on May 11, 2026, sold 15,000 shares in Amkor Technology (AMKR) for $1,159,500. Following the Form 4 filing with the SEC, Tily has control over a total of 108,806 common shares of the company, with 108,806 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1047127/000162828026034646/xslF345X05/wk-form4_1778704699.xml
Guillaume Marie Jean Rutten, Director, on May 08, 2026, sold 50,000 shares in Amkor Technology (AMKR) for $3,714,000. Following the Form 4 filing with the SEC, Rutten has control over a total of 502,558 common shares of the company, with 502,558 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1047127/000162828026034167/xslF345X05/wk-form4_1778618644.xml
Technology stocks were mixed pre-bell Friday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.4% lower.Apple (AAPL) shares were up more than 3% after the company posted higher fiscal Q2 earnings and revenue. Apple also raised its quarterly dividend and approved a $100 billion share buyback program.Reddit (RDDT) stock was up more than 13% after the company reported a surge in Q1 earnings and revenue, and issued Q2 revenue outlook above analysts' expectations.Amkor Technology (AMKR) stock was 0.7% lower after the company priced a $1 billion private offering of 0% convertible senior notes due 2031.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our price target from $32 to $51, 25x our 2026 EPS view, above AMKR's three-year average (~19x) on AI tailwinds. We lift our 2026 EPS view by $0.33 to $2.03 and 2027's by $0.05 to $2.30. Q1's results impressed, but we think shares' meteoric rise this year (+85%) more than reflects the potential upside associated with rising AI data center volumes (with related revenue likely to triple in 2026), while downside risk associated with the emerging memory shortage remains ignored despite vulnerabilities across AMKR's historically largest markets, Communications (44% of Q1 sales) and Auto/Industrial (21%). Given the company's nonexistent backlog, we think a downside surprise to 2H smartphone builds could swiftly reverse 1H's likely strength (including +42% for Communications in Q1), pressuring cash flow and necessitating more debt in order to fund AMKR's ambitious capex plans. Auto/Industrial's continued recovery (including +27% in Q1) also looks at risk of limited memory access, hurting volumes.
Amkor Technology (AMKR) started 2026 strongly with a Q1 earnings beat and a guidance raise, but will need to prove sustained execution due to elevated valuation, Morgan Stanley said in a Tuesday note.The company's Q1 results were driven by its Communications segment, and smartphones in particular, Morgan Stanley analysts said. Improving demand in mainstream segments and a higher gross margin percentage also played a part, with Amkor making progress to hit its mid- to high-teens gross margin percentage growth target by H2, the analysts said.The analysts credited Amkor's current wins, including production ramps, its facility in Arizona progressing as planned, and gross margin expansion. However, they are staying cautious due to risks such as increasing supply constraints and export control uncertainty.With Amkor's stock up more than 70% year-to-date and trading at 31x of Morgan Stanley's revised 2027 EPS, the analysts said they view the company as a "show-me" story.Morgan Stanley maintained the company's stock rating at equal-weight and raised the price target to $69 from $45.Price: $69.17, Change: $-6.45, Percent Change: -8.53%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Q1 sales of $1.68B (+27% Y/Y) exceeded Street expectations ($1.65B) along with EPS of $0.33 (vs. Street $0.24), with Q2 revenue/EPS guidance of $1.80B/$0.47 representing larger beats vs. expectations of $1.74B/$0.31, respectively. Q2 gross margin was guided to 15.0%, above consensus of 14.8%. We point to Auto/Industrial strength as the most important result during Q1, with the segment's 28% Y/Y growth continuing to show acceleration over the past several quarters following a long period of weakness. Tariff reductions should help, though emerging issues like the Strait of Hormuz closure and ongoing memory shortage could challenge this recovery thesis in the coming quarters. AMKR lowered its 2026 capex outlook slightly from ~$3.0B to ~$2.75B, a total that remains substantial as it looks to support TSMC's ambitions in Arizona, which will likely necessitate borrowing/higher interest costs. We consider the reduced capex forecast to reflect a narrowing of expectations rather than lower demand projections.
Mark N Rogers, Executive Vice President & General Counsel, on April 16, 2026, sold 5,000 shares in Amkor Technology (AMKR) for $297,150. Following the Form 4 filing with the SEC, Rogers has control over a total of 38,904 common shares of the company, with 38,904 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1047127/000162828026026032/xslF345X05/wk-form4_1776718572.xml