Amkor Technology's advanced packaging leadership and partnership with TSMC are key growth drivers, targeting a $37 per share price within a year. AMKR's expansion in Korea, Vietnam, and a new facility in Arizona, supported by government funding, strengthens its market position. Despite a weak Q3 result, long-term growth is expected, driven by rising semiconductor demand in AI, automotive, and high-performance computing markets.
Amkor Technology, Inc. (NASDAQ:AMKR ) Q3 2024 Earnings Conference Call October 28, 2024 5:00 PM ET Company Participants Jennifer Jue - Vice President, Investor Relations Giel Rutten - President and Chief Executive Officer Megan Faust - Executive Vice President and Chief Financial Officer Conference Call Participants Steven Fox - Fox Advisors Steve Barger - KeyBanc Capital Markets Peter Peng - JPMorgan Craig Ellis - B. Riley Securities Randy Abrams - UBS Thomas Diffely - D.A.
Amkor Technology (AMKR) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.54 per share a year ago.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
AMKR's Q3 results are likely to reflect benefits from SiP technology and 2.5D technology, despite ongoing inventory corrections.
Amkor Technology (AMKR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the most recent trading session, Amkor Technology (AMKR) closed at $29.97, indicating a -1.09% shift from the previous trading day.
Amkor Technology (AMKR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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In the closing of the recent trading day, Amkor Technology (AMKR) stood at $30.48, denoting a +1.67% change from the preceding trading day.
Amkor Technology (AMKR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The latest trading day saw Amkor Technology (AMKR) settling at $30.08, representing a -1.38% change from its previous close.