Amkor Technology (NASDAQ:AMKR) Stock Gets Price Target Cut from B. Riley Financial

Posted by Stanley Muller on Oct 30th, 2026

Amkor Technology (NASDAQ:AMKR – Free Report) had its price objective cut by B. Riley Financial from $46.00 to $41.00 in a report released on Tuesday morning,Benzinga reports. They currently have a neutral rating on the semiconductor company’s stock.

AMKR has been the subject of a number of other reports. Morgan Stanley cut their price objective on shares of Amkor Technology from $70.00 to $63.00 and set an “equal weight” rating for the company in a report on Tuesday. Needham & Company LLC dropped their price objective on shares of Amkor Technology from $90.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday. The Goldman Sachs Group set a $56.00 target price on Amkor Technology in a research report on Tuesday. Bank of America initiated coverage on Amkor Technology in a research note on Thursday, August 27th. They set a “buy” rating and a $70.00 price target for the company. Finally, Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $62.50.

Get Our Latest Report on Amkor Technology

Amkor Technology Stock Performance

NASDAQ AMKR opened at $41.21 on Tuesday. The firm has a market cap of $10.21 billion, a price-to-earnings ratio of 16.62, a price-to-earnings-growth ratio of 0.53 and a beta of 2.21. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.48. The business has a 50-day moving average price of $48.20 and a 200-day moving average price of $57.13. Amkor Technology has a twelve month low of $29.76 and a twelve month high of $96.68.

Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its earnings results on Monday, October 26th. The semiconductor company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.02). The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Amkor Technology had a return on equity of 13.32% and a net margin of 8.30%. The business’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.51 EPS. As a group, equities research analysts predict that Amkor Technology will post 2.50 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders 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 dividend on an annualized basis and a yield of 0.8%. Amkor Technology’s dividend payout ratio is 13.31%.

Insider Buying and Selling

In related news, CFO Megan Faust sold 1,000 shares of the stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $46.92, for a total transaction of $46,920.00. Following the sale, the chief financial officer owned 133,105 shares in the company, valued at approximately $6,245,286.60. This represents a 0.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 on Wednesday, August 5th. The stock was sold at an average price of $55.35, for a total value of $1,383,750.00. Following the completion of the sale, the director owned 486,732 shares of the company’s stock, valued at approximately $26,940,616.20. This represents a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 43,000 shares of company stock valued at $2,387,120 over the last quarter. Company insiders own 26.40% of the company’s stock.

Institutional Investors Weigh In On Amkor Technology

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Amkor Technology during the 2nd quarter worth about $1,060,005,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Amkor Technology in the 2nd quarter worth about $152,110,000. Bank of New York Mellon Corp purchased a new stake in Amkor Technology in the 2nd quarter worth about $90,656,000. Bank of Nova Scotia purchased a new stake in Amkor Technology in the 2nd quarter worth about $58,273,000. Finally, Principal Financial Group Inc. lifted its stake in Amkor Technology by 19.3% in the first quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock worth $118,107,000 after purchasing an additional 423,629 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Trending Headlines about Amkor Technology

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

Positive Sentiment: Amkor’s AI-related business remains a key potential growth driver. Expansion efforts involving NVIDIA, Apple and AMD could support demand for advanced packaging, while improved quarterly margins indicate better profitability despite relatively flat revenue. Amkor’s Mobile Business Is Slowing, But Its AI Ambitions Aren’t Amkor Technology Stock Jumps As Q3 Earnings Reveal Margin Power
Neutral Sentiment: Amkor’s planned annual capital spending of approximately $2.5 billion highlights the company’s aggressive investment in capacity and advanced packaging, particularly for AI. However, the scale of the spending raises questions about returns and how quickly new facilities will contribute to earnings. Amkor Technology Capital Expenditure Analysis
Neutral Sentiment: Analyst views remain mixed after the results. Some see a potential AI-driven recovery, while others believe Amkor faces a difficult near-term operating environment as it transitions from mobile-focused growth toward advanced packaging. Analysts’ Opinions Are Mixed on Amkor Is Amkor Technology Ready for an AI-Driven Comeback?
Negative Sentiment: Amkor reported quarterly EPS of $0.76 versus the $0.78 consensus estimate, while revenue of $1.99 billion also missed expectations of $2.04 billion. Revenue was essentially flat year over year, with mobile weakness offsetting AI-related gains. Amkor Technology Faces a Tough Test After Results
Negative Sentiment: B. Riley, Morgan Stanley and Needham each lowered their price expectations for AMKR following the earnings miss, signaling reduced confidence in near-term upside. B. Riley Lowers Amkor Expectations Morgan Stanley Cuts Amkor Price Target Needham Lowers Amkor Expectations
Negative Sentiment: Investors are also monitoring potential dilution, reported earnings pressure and tighter liquidity associated with Amkor’s 2031 convertible notes. Unusually heavy put-option activity adds another sign of heightened downside hedging. Amkor’s 2031 Convertible Notes Amkor Put Option Activity

About Amkor Technology

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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.