Should You Buy Amkor Technology Inc (AMKR) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
50.010
1 Day change
-1.86%
52 Week Range
55.170
Analysis Updated At
2026/01/28
Not a good buy right now. AMKR is up sharply pre-market (~$52.45, +3.39%) and is trading above the nearest key pivot (~50.67) and even above Needham’s recently raised $50 target, while momentum (MACD histogram) is still weakening. For a beginner long-term investor who is impatient (won’t wait for a better entry), the risk/reward at today’s price is not attractive enough to justify buying immediately—so the best call is HOLD (do not add here).
Technical Analysis
Price/Trend: Bullish longer-term structure with moving averages stacked positively (SMA_5 > SMA_20 > SMA_200), suggesting an uptrend is intact.
Momentum: MACD histogram is negative (-0.259) and expanding lower, indicating fading momentum / rising pullback risk despite the uptrend.
RSI: RSI(6) ~54.18 (neutral), not oversold—no technical “discount” signal.
Levels: Pivot ~50.67 is the key near-term line; pre-market price (~52.45) is above it. Upside resistance levels: R1 ~53.99 then R2 ~56.04. Supports: S1 ~47.35 then S2 ~45.30.
Quant pattern read: Similar-pattern model suggests short-term softness (-0.97% next day, -1.18% next week) but positive 1-month bias (+6.87%).
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Sentiment: Options positioning leans bullish (OI put/call 0.73 and very low volume put/call 0.2), implying more call interest/trading than puts.
Activity/Attention: Today’s options volume is elevated vs its 30-day average (~23.7x), showing unusually high attention.
Volatility: IV is elevated (30D IV ~55.9; IV percentile ~77), meaning options are pricing in larger moves than usual—often seen around catalysts or strong sentiment. Elevated IV can also indicate the stock may be “hot”/crowded short-term.
Technical Summary
Sell
5
Buy
8
Positive Catalysts
Advanced packaging / AI demand narrative remains supportive (Needham explicitly cites stronger AI wafer demand and calls AMKR a multi-year CoWoS winner).
Sector/geopolitical tailwinds in semiconductors: EU–Vietnam cooperation and Vietnam’s first semiconductor facility highlight ongoing global investment and supply-chain buildout (broadly positive for the semiconductor ecosystem).
Upcoming catalyst: Earnings on 2026-02-09 after hours could validate utilization recovery and margin trajectory if results/guide are strong.
Neutral/Negative Catalysts
Entry-point risk: Stock is already above Needham’s $50 target and well above Goldman’s $38 target, making upside less compelling at today’s price.
Momentum risk: MACD weakening while price pops pre-market can precede a pullback.
Profitability trend: Gross margin declined YoY in the latest reported quarter, which can limit multiple expansion if it persists.
Event risk: Upcoming earnings (2026-02-09) can create downside if guidance/margins disappoint.
Financial Performance
Latest quarter provided: 2025/Q3.
Growth: Revenue $1.987B (+6.74% YoY), Net Income $126.6M (+3.28% YoY), EPS $0.51 (+4.08% YoY) — steady, moderate growth.
Key concern: Gross margin fell to 14.32% (down ~2.19 pts YoY), signaling margin pressure even as revenue grows.
Overall read: Top-line and earnings are growing, but margin compression is a meaningful negative trend to monitor into the next earnings (QDEC 2025 on 2026-02-09, EPS est. ~0.42).
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent trend: Analysts have been raising price targets recently, reflecting improved AI/advanced-packaging demand expectations.
- Needham (2026-01-05): Buy, PT raised to $50 from $37; very bullish multi-year CoWoS/AI demand view.
- Goldman Sachs (2026-01-09): Neutral, PT raised to $38 from $29; constructive on utilization recovery and 2.5D revenue but still not a bullish rating.
Wall Street pros vs cons:
Pros: Stronger AI-driven packaging demand (CoWoS/2.5D), utilization recovery potential, cost reductions.
Cons: Mixed conviction (one Buy vs one Neutral), and today’s price is already above the most bullish PT provided ($50), reducing perceived upside at this moment.
Influential/political trading: No recent congress trading data available; hedge fund and insider activity described as neutral (no notable recent trend).
Wall Street analysts forecast AMKR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMKR is 42.14 USD with a low forecast of 28 USD and a high forecast of 62 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
Wall Street analysts forecast AMKR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMKR is 42.14 USD with a low forecast of 28 USD and a high forecast of 62 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
5 Hold
0 Sell
Moderate Buy
Current: 50.960
Low
28
Averages
42.14
High
62
Current: 50.960
Low
28
Averages
42.14
High
62
Goldman Sachs
Neutral
maintain
$29 -> $38
AI Analysis
2026-01-09
Reason
Goldman Sachs
Price Target
$29 -> $38
AI Analysis
2026-01-09
maintain
Neutral
Reason
Goldman Sachs raised the firm's price target on Amkor Technology to $38 from $29 and keeps a Neutral rating on the shares. Investors are expected to focus on Amkor's utilization recovery, cost-reduction impact on margins, and 2.5D-related revenue growth, with optimism around Chip-on-Wafer-on-Substrate spending, the analyst says. Key areas of attention include 2.5D revenue into 2H26, gross margin trends, particularly from Japan footprint rationalization and mainstream recovery, and timing/funding for the new Arizona facility, the firm adds.
Needham
Buy
upgrade
$37 -> $50
2026-01-05
Reason
Needham
Price Target
$37 -> $50
2026-01-05
upgrade
Buy
Reason
Needham raised the firm's price target on Amkor Technology to $50 from $37 and keeps a Buy rating on the shares. The firm upped its 2026 artificial intelligence wafer demand forecast citing strong graphics processing unit and application-specific integrated circuit "upsides that emerged over the past quarter." Needham says the long-range chip-on-wafer-on-substrate demand should have a much higher peak than previously thought. It sees Amkor as a "clear CoWoS winner over the next five years."
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