Amkor Technology (AMKR) News & Sentiment

Amkor Technology (AMKR) finished the latest trading session at $19.41, which represents a 0.91% increase from the previous day's closing price.

Amkor Technology (AMKR) has recently caught the attention of Zacks.com users. Therefore, it's important to look into what the future holds for this stock.

I suggest maintaining a hold rating for Amkor Technology because of an unclear short-term outlook, competition, margin difficulties, and geopolitical issues. The company is facing tough competition from ASE Technology and TSMC, which is affecting its profit margins and production rates, particularly with the new facility in Vietnam. Additionally, management's poor guidance for the first quarter of 2025 suggests that revenue and profit margins will drop significantly, hitting their lowest point in more than ten years.

Amkor Technology, Inc. (NASDAQ:AMKR) will hold its Q4 2024 earnings conference call on February 10, 2025, at 5:00 PM ET. The call will feature company representatives including Jennifer Jue, Giel Rutten, and Megan Faust. Participants from various financial institutions, such as Goldman Sachs and Morgan Stanley, will also be present.

Amkor Technology (AMKR) reported quarterly earnings of $0.43 per share, which is higher than the Zacks Consensus Estimate of $0.37 per share. This is a decrease compared to earnings of $0.48 per share from the same period last year.

Amkor Technology (AMKR) finished the last trading session at $24.60, which represents a decrease of 1.2% compared to the previous day's closing price.

In the most recent trading session, Amkor Technology (AMKR) finished at $24.61, which is a decrease of 1.05% compared to the previous day.

Lately, users of Zacks.com have been focusing on Amkor Technology (AMKR). This interest prompts a closer look at what the stock might offer.

In the most recent trading session, Amkor Technology (AMKR) finished at $26.53, which is a decrease of 0.71% compared to the previous day.