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

Amkor Technology (NASDAQ:AMKR) updated its FY 2028 earnings guidance on Thursday. The company provided earnings per share guidance of 2.250-2.750 for the period, compared to the consensus earnings per share 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.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AMKR. Morgan Stanley boosted their price target on Amkor Technology from $45.00 to $69.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. The Goldman Sachs Group upped their target price on Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Melius Research raised Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a research report on Monday, April 6th. Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. upped their target price on Amkor Technology from $32.00 to $65.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $62.75.

Amkor Technology Stock Down 3.8%

Shares of Amkor Technology stock opened at $65.90 on Friday. The stock has a market capitalization of $16.33 billion, a P/E ratio of 37.66 and a beta of 2.29. The company has a quick ratio of 1.74, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The stock has a 50 day moving average price of $59.61 and a two-hundred day moving average price of $49.25. Amkor Technology has a 12-month low of $17.79 and a 12-month high of $79.23.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.10. The firm 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 company’s revenue was up 27.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.09 earnings per share. Equities analysts expect that Amkor Technology will post 2.08 earnings per share for the current 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 $0.0835 dividend. 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

In other news, Director Douglas A. Alexander sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $76.58, for a total value of $382,900.00. Following the completion of the sale, the director directly owned 29,109 shares of the company’s stock, valued at approximately $2,229,167.22. This represents a 14.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 50,000 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $74.28, for a total value of $3,714,000.00. Following the completion of the sale, the director directly owned 502,558 shares of the company’s stock, valued at $37,330,008.24. This represents a 9.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 145,500 shares of company stock valued at $9,844,325 in the last ninety days. Company insiders own 26.40% of the company’s stock.

More Amkor Technology News

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

• Positive Sentiment: Amkor said it is working with AMD on advanced packaging, highlighting a new AI-related growth opportunity and deeper customer engagement. Reuters article on Amkor working with AMD
• Positive Sentiment: Amkor secured additional land in Arizona to expand U.S. advanced packaging operations, supporting future capacity growth and domestic manufacturing plans. Seeking Alpha article on Arizona land acquisition
• Positive Sentiment: Management’s long-term EPS guidance, including 2028 outlook above consensus, signals confidence in sustained earnings growth.
• Positive Sentiment: Analysts and market commentary continue to describe Amkor as a long-term growth story tied to AI infrastructure demand. Zacks article on Amkor as a top growth stock
• Neutral Sentiment: The company announced a 2026 Investor Day and Nasdaq Closing Bell event, which is supportive for visibility but not a direct operating catalyst. Business Wire article on Investor Day
• Neutral Sentiment: Insider selling by CFO Megan Faust and EVP Mark Rogers may have weighed on sentiment, but both trades were made under pre-arranged 10b5-1 plans.
• Neutral Sentiment: Some commentary noted Amkor’s long-term outlook and options activity, but these items appear secondary to the bigger growth and expansion themes.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC raised its position in shares of Amkor Technology by 180.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 440 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Amkor Technology by 91.2% in the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 447 shares in the last quarter. State of Wyoming acquired a new position in shares of Amkor Technology in the fourth quarter valued at $41,000. Quarry LP acquired a new position in shares of Amkor Technology in the fourth quarter valued at $42,000. Finally, Summit Securities Group LLC acquired a new position in shares of Amkor Technology in the fourth quarter valued at $87,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

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.