Amkor Technology (NASDAQ:AMKR) Releases FY 2030 Earnings Guidance

Amkor Technology (NASDAQ:AMKR) issued an update on its FY 2030 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.000- for the period. The company issued revenue guidance of $11.0B-. Amkor Technology also updated its FY 2028 guidance to 2.250-2.750 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AMKR shares. JPMorgan Chase & Co. lifted their price objective on shares of Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Needham & Company LLC increased their target price on shares of Amkor Technology from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Morgan Stanley raised their target price on Amkor Technology from $45.00 to $69.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Zacks Research lowered Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Finally, UBS Group set a $43.00 price target on Amkor Technology in a report on Tuesday, February 10th. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Amkor Technology currently has an average rating of “Hold” and a consensus price target of $62.75.

Amkor Technology Stock Performance

Shares of Amkor Technology stock opened at $68.77 on Thursday. Amkor Technology has a one year low of $17.79 and a one year high of $79.23. The company has a market cap of $17.05 billion, a price-to-earnings ratio of 38.72 and a beta of 2.29. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.74 and a current ratio of 2.01. The business’s 50 day moving average price is $59.17 and its 200 day moving average price is $49.01.

Amkor Technology (NASDAQ:AMKR) last issued its earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.10. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the business earned $0.09 EPS. The firm’s quarterly revenue was up 27.5% on a year-over-year basis. On average, research analysts predict that Amkor Technology will post 2.08 EPS for the current year.

Amkor Technology Dividend Announcement

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

Insider Activity

In other news, Director Gil C. Tily sold 15,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $77.30, for a total value of $1,159,500.00. Following the completion of the sale, the director owned 108,806 shares of the company’s stock, valued at $8,410,703.80. This represents a 12.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $64.60, for a total transaction of $64,600.00. Following the sale, the chief financial officer owned 133,138 shares of the company’s stock, valued at $8,600,714.80. This represents a 0.75% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 145,500 shares of company stock valued at $9,844,325 in the last quarter. 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 announced it will host its 2026 Investor Day and ring the Nasdaq Closing Bell, which can help reinforce investor visibility and confidence in the company’s strategy. Amkor Technology to Host 2026 Investor Day and Ring Nasdaq Closing Bell
• Positive Sentiment: The company recently expanded its U.S. advanced packaging footprint by securing an additional 67 acres in Arizona, a move that supports future capacity growth and strengthens its domestic manufacturing strategy. Amkor Technology Expands U.S. Advanced Packaging Footprint with Additional Land in Arizona
• Positive Sentiment: Analysts and market commentary continue to frame Amkor Technology (AMKR) as a long-term growth story, which may be adding support to the stock. Why Amkor Technology (AMKR) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Amkor’s annual meeting outcomes were routine, with shareholders reelecting the board and approving executive pay, which is not usually a major stock catalyst. Amkor Shareholders Reelect Board and Approve Executive Pay
• Neutral Sentiment: Two executives sold shares, including EVP Mark Rogers and CFO Megan Faust, but both transactions were made under pre-arranged 10b5-1 trading plans, which usually limits the bearish signal.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AMKR. Royal Bank of Canada lifted its stake in shares of Amkor Technology by 100.6% in the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after purchasing an additional 3,454,012 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 854 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in 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 buying an additional 6,768 shares during the period. Goldman Sachs Group Inc. raised its holdings in Amkor Technology by 73.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock valued at $9,476,000 after buying an additional 222,107 shares during the period. Finally, Caxton Associates LLP acquired a new position in Amkor Technology in the first quarter valued at about $271,000. 42.76% of the stock is currently owned by hedge funds and other institutional investors.

About Amkor Technology

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.