Amkor Technology (NASDAQ:AMKR) Shares Gap Up – Should You Buy?

Amkor Technology, Inc. (NASDAQ:AMKR)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $41.70, but opened at $44.50. Amkor Technology shares last traded at $43.2020, with a volume of 911,386 shares trading hands.

Key Stories Impacting Amkor Technology

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

• Positive Sentiment: Amkor and NVIDIA advanced a strategic partnership focused on AI infrastructure and advanced packaging. Reports that NVIDIA is expanding its use of Amkor’s packaging capabilities strengthened the company’s AI-growth narrative and helped drive the preceding rally. Amkor Technology and NVIDIA Advance Strategic Partnership for AI Infrastructure
• Positive Sentiment: AI-related computing demand remains a potential long-term growth driver. Amkor’s valuation was described as attractive, while the company’s latest reported quarter showed strong year-over-year revenue growth and earnings above analyst expectations. Buy, Sell or Hold AMKR Stock? Key Tips Ahead of Q3 Earnings
• Neutral Sentiment: Investors are looking ahead to Amkor’s third-quarter results for confirmation that AI packaging demand is translating into revenue and margin growth. Analysts are also focusing on operating metrics beyond headline EPS and revenue estimates. Analyst Projections for Amkor Technology’s Q3 Earnings
• Negative Sentiment: Analyst opinion remains divided on whether AI demand will justify Amkor’s recent valuation. A fair-value reduction and a pessimistic price outlook added pressure after the NVIDIA-related gains. Amkor Technology Stock Gets Fair Value Trim
• Negative Sentiment: Concerns include weakness in communications-related business and shifts in system-in-package demand. ASE Technology was also viewed more favorably because of its expected AI-packaging growth, creating competitive pressure for Amkor. ASX vs. AMKR Chip Packaging Comparison

Analysts Set New Price Targets

A number of research analysts recently issued reports on AMKR shares. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $80.00 to $90.00 in a report on Friday, July 24th. Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Morgan Stanley raised their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 28th. Bank of America initiated coverage on shares of Amkor Technology in a research report on Thursday, August 27th. They set a “buy” rating and a $70.00 price objective for the company. Finally, Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $66.22.

Amkor Technology Stock Down 10.7%

The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The stock has a market cap of $9.70 billion, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 0.54 and a beta of 2.21. The business’s 50 day moving average is $49.68 and its 200 day moving average is $61.85.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.23. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company’s revenue was up 25.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts expect that Amkor Technology, Inc. will post 2.60 earnings per share for the current year.

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd were paid a $0.0835 dividend. This represents a $0.33 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 2nd. Amkor Technology’s dividend payout ratio is currently 14.80%.

Insider Transactions at Amkor Technology

In other Amkor Technology news, EVP Mark Rogers sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $59.78, for a total transaction of $298,900.00. Following the completion of the sale, the executive vice president directly owned 38,904 shares in the company, valued at approximately $2,325,681.12. This trade represents a 11.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin Engel sold 3,221 shares of Amkor Technology stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $47.00, for a total value of $151,387.00. Following the transaction, the chief executive officer directly owned 9,666 shares in the company, valued at approximately $454,302. This trade represents a 24.99% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 46,221 shares of company stock worth $2,538,507. 26.40% of the stock is currently owned by company insiders.

Institutional Trading of Amkor Technology

Several institutional investors have recently made changes to their positions in AMKR. CoreCap Advisors LLC increased its stake in Amkor Technology by 56.4% in the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 158 shares during the period. Clearstead Trust LLC purchased a new stake in Amkor Technology in the 2nd quarter worth approximately $43,000. Ceredex Value Advisors LLC acquired a new stake in shares of Amkor Technology during the 2nd quarter valued at $47,000. Solstein Capital LLC acquired a new stake in shares of Amkor Technology during the 2nd quarter valued at $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Amkor Technology during the 2nd quarter valued at $54,000. 42.76% of the stock is currently owned by institutional investors and hedge funds.

About Amkor Technology

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.