Amkor Technology (NASDAQ:AMKR) Issues Earnings Results

Posted by Brian Himes on Oct 28th, 2026

Amkor Technology (NASDAQ:AMKR – Get Free Report) issued its quarterly earnings data on Monday. The semiconductor company reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.02), FiscalAI reports. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the prior year, the company posted $0.51 EPS. The company’s revenue was up .2% compared to the same quarter last year.

Here are the key takeaways from Amkor Technology’s conference call:

Strong third-quarter execution: Revenue reached $1.99 billion, up 5% sequentially, while gross margin expanded to 18.3% and operating margin to 11.3%, driven by a richer mix of advanced packaging.
Computing momentum remains robust. Computing revenue rose 25% sequentially to a record, with fourth-quarter revenue expected to increase low double digits and exceed 50% year over year; management expects similar or higher growth in 2027.
Automotive and industrial revenue also reached a record, supported by ADAS, in-car computing, infotainment, and industrial demand. Management cited improving customer inventories and rising semiconductor content per vehicle as additional tailwinds.
Customer advance-payment agreements with roughly a dozen customers are improving capacity visibility and helping fund elevated investment in Arizona, Korea, and Vietnam. Management said the balance sheet is positioned to support planned spending through 2027 without necessarily requiring incremental debt.
Communications revenue is expected to decline high single digits sequentially in the fourth quarter, while consumer revenue is forecast to fall to the mid-teens percentage range due to component shortages, memory pricing, and weaker smartphone and wearable demand. Capital expenditures will remain elevated, with a further step-up expected in 2027 and Arizona-related spending peaking in 2028–2029.

Amkor Technology Stock Up 0.9%

Shares of NASDAQ AMKR opened at $40.30 on Wednesday. The company has a market cap of $10.01 billion, a price-to-earnings ratio of 16.12 and a beta of 2.21. Amkor Technology has a 12 month low of $29.76 and a 12 month high of $96.68. The business has a fifty day simple moving average of $48.64 and a 200-day simple moving average of $57.23.

Amkor Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd were given a dividend of $0.0835 per share. The ex-dividend date was Wednesday, September 2nd. This represents a $0.33 annualized dividend and a dividend yield of 0.8%. Amkor Technology’s dividend payout ratio (DPR) is 13.31%.

Key Stories Impacting Amkor Technology

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

Positive Sentiment: Amkor reported record Computing revenue, supported by artificial-intelligence-related demand and advanced packaging. A richer product mix helped gross margin expand to 18.3%, while operating margin reached 11.3%. Amkor Technology Stock Jumps As Q3 Earnings Reveal Margin Power
Positive Sentiment: Management highlighted AI growth, capacity expansion and a planned $12 billion Arizona investment, reinforcing the company’s longer-term positioning in advanced semiconductor packaging. Partnerships involving major chip customers, including NVIDIA and TSMC, are also cited as potential catalysts. Amkor Q3 Earnings Call Highlights AI Growth and Capacity Expansion
Neutral Sentiment: Some analysts remain constructive despite reducing their targets. Needham maintained a buy rating with a $55 target, while other analysts’ targets remain above the current share price, reflecting potential long-term upside if AI packaging growth accelerates. Amkor Technology Halved Over The Last 6 Months
Negative Sentiment: Third-quarter EPS of $0.76 and revenue of $1.99 billion missed consensus estimates of approximately $0.78 and $2.04 billion. Revenue was essentially flat year over year, and communications weakness remains a near-term concern. Amkor Q3 Earnings Miss Estimates Amid Communications Weakness
Negative Sentiment: Amkor issued fourth-quarter guidance below Wall Street expectations, leading Morgan Stanley, B. Riley and other firms to cut price targets. B. Riley moved to a neutral rating with a $41 target, increasing pressure on near-term valuation. Analysts Slash Forecasts After Q3 Results
Negative Sentiment: Heavy put-option buying and concerns that Amkor’s 2031 convertible notes could increase reported earnings pressure and tighten liquidity indicate elevated hedging and risk aversion among traders. Stock Traders Purchase Large Volume of Amkor Put Options

Wall Street Analyst Weigh In

Several research firms have weighed in on AMKR. Bank of America began coverage on Amkor Technology in a report on Thursday, August 27th. They issued a “buy” rating and a $70.00 target price on the stock. UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and boosted their target price for the company from $80.00 to $90.00 in a research note on Friday, July 24th. The Goldman Sachs Group set a $56.00 price objective on shares of Amkor Technology in a research report on Tuesday. Zacks Research lowered shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Needham & Company LLC dropped their target price on Amkor Technology from $90.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $62.50.

Get Our Latest Report on Amkor Technology

Insider Activity

In other Amkor Technology news, EVP Mark Rogers sold 5,000 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $59.78, for a total value of $298,900.00. Following the transaction, the executive vice president owned 38,904 shares in the company, valued at $2,325,681.12. The trade was a 11.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Giel Rutten sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $55.35, for a total value of $1,383,750.00. Following the transaction, the director owned 486,732 shares in the company, valued at approximately $26,940,616.20. This trade represents a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 46,221 shares of company stock valued at $2,538,507 in the last three months. 26.40% of the stock is currently owned by insiders.

About Amkor Technology

(Get Free Report)

Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The company helps semiconductor manufacturers and electronics companies assemble, package and test integrated circuits before they are incorporated into finished electronic products.

Amkor’s services include wafer bumping, wafer-level packaging, flip-chip packaging, system-in-package solutions, fan-out packaging, leadframe and laminate-based packaging, and semiconductor testing. Its products and services support applications including mobile and consumer electronics, communications, automotive, computing, industrial equipment, and memory devices.

Founded in 1968, Amkor has grown into a global semiconductor supply-chain partner with manufacturing and testing operations across regions including Asia, Europe and the United States.