Amkor Technology (NASDAQ:AMKR) Releases Q3 2026 Earnings Guidance

Amkor Technology (NASDAQ:AMKR) issued an update on its third quarter 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.720-0.820 for the period, compared to the consensus EPS estimate of 0.620. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

Analysts Set New Price Targets

A number of analysts recently weighed in on AMKR shares. B. Riley Financial reduced their price objective on shares of Amkor Technology from $90.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 22nd. The Goldman Sachs Group boosted their target price on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and upped their target price for the company from $80.00 to $90.00 in a research note on Friday. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Finally, Melius Research raised Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $69.25.

Amkor Technology Trading Down 6.5%

Shares of NASDAQ AMKR traded down $4.25 during mid-day trading on Monday, reaching $60.71. The company had a trading volume of 11,245,240 shares, compared to its average volume of 4,911,665. The stock has a market cap of $15.05 billion, a price-to-earnings ratio of 34.69 and a beta of 2.20. Amkor Technology has a 52 week low of $20.86 and a 52 week high of $96.68. The business’s 50-day moving average is $73.36 and its 200-day moving average is $60.75. The company has a current ratio of 2.01, a quick ratio of 1.74 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. The company had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a net margin of 6.17% and a return on equity of 9.88%. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts expect that Amkor Technology will post 2.08 earnings per share for the current year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd were paid a $0.0835 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $0.33 annualized dividend and a yield of 0.6%. Amkor Technology’s dividend payout ratio is 18.86%.

Insider Activity at Amkor Technology

In other Amkor Technology news, Director Winston J. Churchill sold 7,000 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $76.45, for a total value of $535,150.00. Following the completion of the sale, the director directly owned 18,888 shares in the company, valued at approximately $1,443,987.60. This represents a 27.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gil C. Tily sold 15,000 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $77.30, for a total value of $1,159,500.00. Following the transaction, the director directly owned 108,806 shares in the company, valued at $8,410,703.80. The trade was a 12.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 114,000 shares of company stock worth $8,631,450 over the last three months. Corporate insiders own 26.40% of the company’s stock.

Key Amkor Technology News

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

• Positive Sentiment: Record second-quarter results: Amkor reported EPS of $0.70, exceeding the $0.47 analyst consensus, while revenue of $1.90 billion surpassed expectations of $1.81 billion. The results indicate strong demand for the company’s semiconductor packaging and test services. Amkor Delivers Record Q2 as Earnings, Revenue Crush Estimates
• Positive Sentiment: Above-consensus EPS outlook: Management guided for third-quarter EPS of $0.72 to $0.82, well above the $0.62 analyst consensus. The company’s recent Nvidia partnership also supports investor optimism about exposure to advanced semiconductor packaging. Top Wall Street Forecasters Revamp Amkor Technology Expectations Ahead of Q2 Earnings
• Positive Sentiment: Analyst support: UBS upgraded Amkor to Buy, adding to the bullish case for the stock. UBS Group Upgrades Amkor Technology to Buy
• Neutral Sentiment: Peer comparison: A market analysis compared Amkor with Amtech Systems as ways to gain exposure to semiconductor packaging, but did not represent a direct change to Amkor’s fundamentals. AMKR vs. ASYS: Which Semiconductor Packaging Stock is the Better Buy?
• Negative Sentiment: Revenue guidance was less reassuring: Third-quarter revenue guidance of $2.0 billion to $2.1 billion was below or only in line with the $2.1 billion consensus at its midpoint, potentially raising concerns about growth momentum despite the EPS beat.
• Negative Sentiment: Profit-taking and valuation pressure: The results followed a roughly 210% prior run-up, leaving the stock vulnerable to selling when guidance did not clearly exceed expectations across all metrics. Amkor Technology Stock Trades at a Discount Even After a 210% Run

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its holdings in shares of Amkor Technology by 18.4% in the 3rd quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock valued at $119,607,000 after purchasing an additional 653,489 shares in the last quarter. State Street Corp boosted its stake in shares of Amkor Technology by 1.4% during the fourth quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock valued at $137,151,000 after purchasing an additional 47,514 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Amkor Technology by 37.4% during the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock valued at $107,477,000 after purchasing an additional 740,701 shares in the last quarter. Morgan Stanley boosted its stake in shares of Amkor Technology by 23.2% during the fourth quarter. Morgan Stanley now owns 1,806,649 shares of the semiconductor company’s stock valued at $71,327,000 after purchasing an additional 340,262 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Amkor Technology by 305.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock valued at $44,719,000 after buying an additional 1,186,313 shares during the period. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Amkor Technology Company Profile

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.