Amkor Technology (NASDAQ:AMKR) Issues FY 2028 Earnings Guidance

Posted by Brenda Bartman on May 23rd, 2026

Amkor Technology (NASDAQ:AMKR – Get Free Report) updated its FY 2028 earnings guidance on Thursday. The company provided EPS guidance of 2.250-2.750 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of $8.5 billion-$9.5 billion. Amkor Technology also updated its FY 2030 guidance to 5.000- EPS.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Needham & Company LLC lifted their price objective on Amkor Technology from $65.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Zacks Research lowered Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a research note on Monday, April 20th. Melius Research raised Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Monday, April 6th. Finally, Morgan Stanley raised their target price on shares of Amkor Technology from $45.00 to $69.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Four equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Amkor Technology currently has an average rating of “Hold” and an average target price of $62.75.

Read Our Latest Stock Analysis on Amkor Technology

Amkor Technology Stock Down 0.2%

Shares of NASDAQ:AMKR opened at $65.75 on Friday. The firm’s 50 day moving average price is $60.04 and its 200 day moving average price is $49.37. The stock has a market cap of $16.30 billion, a price-to-earnings ratio of 37.57 and a beta of 2.29. Amkor Technology has a fifty-two week low of $17.79 and a fifty-two week high of $79.23. The company has a quick ratio of 1.74, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its quarterly earnings data on Monday, April 27th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.10. The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The business’s quarterly revenue was up 27.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.09 EPS. As a group, equities research analysts predict that Amkor Technology will post 2.08 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd will be given a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, June 3rd. Amkor Technology’s dividend payout ratio is currently 18.86%.

Insider Buying and Selling at Amkor Technology

In other news, Director Gil C. Tily sold 15,000 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $77.30, for a total transaction of $1,159,500.00. Following the completion of the transaction, the director directly owned 108,806 shares of the company’s stock, valued at approximately $8,410,703.80. This represents a 12.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Kevin K. Engel sold 12,500 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $48.75, for a total value of $609,375.00. Following the transaction, the chief executive officer directly owned 2,953 shares of the company’s stock, valued at approximately $143,958.75. This represents a 80.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 145,500 shares of company stock worth $9,844,325. Corporate insiders own 26.40% of the company’s stock.

Key Stories Impacting Amkor Technology

Here are the key news stories impacting Amkor Technology this week:

Positive Sentiment: Amkor said its HDFO CPU packaging ramp and stronger AI demand could nearly triple advanced packaging volumes in 2026, reinforcing the company’s growth outlook as compute spending expands. Can HDFO CPU Packaging Ramp Help Sustain AMKR’s Compute Growth?
Positive Sentiment: Reuters reported that Amkor is working with AMD on advanced chip packaging after buying additional land in Arizona, a sign that customer demand and capacity expansion are both moving in Amkor’s favor. Amkor working with AMD on advanced packaging after acquiring more land in Arizona
Positive Sentiment: Amkor updated its long-term earnings outlook, including FY 2028 EPS guidance above consensus, which can support the stock by signaling confidence in sustained profitability.
Neutral Sentiment: Amkor held its 2026 Investor Day and rang the Nasdaq Closing Bell, a visibility event that may help investor sentiment but is not a direct financial driver. Amkor Technology to Host 2026 Investor Day and Ring Nasdaq Closing Bell
Neutral Sentiment: CFO Megan Faust sold 1,000 shares under a pre-arranged 10b5-1 plan, which is typically viewed as routine insider activity rather than a strong bearish signal. Megan Faust Sells 1,000 Shares of Amkor Technology (NASDAQ:AMKR) Stock
Negative Sentiment: Some market commentary noted that while Amkor remains an AI-linked growth name, competitors such as Lumentum may be viewed as having better near-term demand momentum, which could temper enthusiasm. LITE vs. AMKR: Which AI Connectivity Stock Has Better Potential?

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AMKR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Amkor Technology by 913.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock valued at $136,000 after purchasing an additional 6,768 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in Amkor Technology during the 4th quarter worth approximately $123,000. Wexford Capital LP acquired a new position in Amkor Technology during the third quarter worth approximately $97,000. Osaic Holdings Inc. lifted its stake in Amkor Technology by 189.4% in the second quarter. Osaic Holdings Inc. now owns 4,182 shares of the semiconductor company’s stock valued at $88,000 after buying an additional 2,737 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in Amkor Technology by 72.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,220 shares of the semiconductor company’s stock valued at $88,000 after buying an additional 932 shares during the last quarter. 42.76% of the stock is owned by institutional investors and hedge funds.

Amkor Technology Company Profile

(Get Free Report)

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.