On Oct 30, major Wall Street analysts update their ratings for $Amkor Technology (AMKR.US)$, with price targets ranging from $34 to $42.
J.P. Morgan analyst Peter Peng maintains with a buy rating, and adjusts the target price from $48 to $42.
Needham analyst Charles Shi maintains with a buy rating, and adjusts the target price from $45 to $34.
KeyBanc analyst Steve Barger maintains with a buy rating, and adjusts the target price from $38 to $34.
D.A. Davidson analyst Thomas Diffely maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Amkor Technology (AMKR.US)$'s main analysts recently are as follows:
Initially adopting a cautious stance, it became evident that Amkor Technology's guidance for the December quarter fell short of both the analyst's and broader market projections. This shortfall was attributed to factors such as seasonality, accounting for the majority, and device transition, cited as a partial cause. Concerns were raised about a potential reduction in market share with one of its key clients. Subsequent to these revelations, projections were significantly lowered.
Amkor Technology reported marginally improved results for the September quarter, driven by an uptick in seasonal smartphone demand and sustained momentum in artificial intelligence packaging. However, this was set against a backdrop of subdued demand in the automotive and industrial sectors. Expectations for the forward estimates have been moderated, with a more favorable outlook anticipated for 2025.
Amkor Technology's third-quarter results were strong, yet the forecast for the fourth quarter was significantly reduced, suggesting an estimated 11% quarter-over-quarter decrease in overall revenue and a 23% quarter-over-quarter reduction in Communications revenue. This decline is considerably steeper than the single-digit drops typically observed in the fourth quarter. The primary cause of the weaker outlook for Amkor is believed to be a decrease in demand for high-end smartphones and an under-allocation of orders for 2024 models. Nevertheless, it is anticipated that the strength in Computing revenue will persist into the fourth quarter.
Amkor Technology reported a modest underperformance in Q3 earnings but provided guidance for Q4 that was significantly lower than expected, leading to a notable decline in share price after hours. This subdued outlook is mainly attributed to reduced activity in the Communications end market, with Amkor pointing out an atypical smartphone production schedule.
Here are the latest investment ratings and price targets for $Amkor Technology (AMKR.US)$ from 4 analysts:
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美東時間10月30日，多家華爾街大行更新了$艾馬克技術 (AMKR.US)$的評級，目標價介於34美元至42美元。
摩根大通分析師Peter Peng維持買入評級，並將目標價從48美元下調至42美元。
Needham分析師Charles Shi維持買入評級，並將目標價從45美元下調至34美元。
KeyBanc分析師Steve Barger維持買入評級，並將目標價從38美元下調至34美元。
戴維森信託分析師Thomas Diffely維持買入評級。
此外，綜合報道，$艾馬克技術 (AMKR.US)$近期主要分析師觀點如下：
最初採取謹慎態度，很明顯，艾馬克技術對12月季度的指引不僅落後於分析師和更廣泛市場的預期。這一缺口歸因於季節性等因素，其中大部分歸咎於會計，而設備轉型被認爲是部分原因。對於其一家關鍵客戶的市場份額可能減少的擔憂被提出。在這些披露之後，預測顯著下調。
艾馬克技術報告稱，9月季度的業績略有改善，受季節性智能手機需求上升和人工智能打包持續增長推動。然而，這與汽車和工業領域需求低迷形成鮮明對比。對於未來估計已經進行了調整，更爲有利的前景預計將出現在2025年。
艾馬克技術第三季度業績強勁，但第四季度的預測大幅下調，預計整體營業收入環比下降11%，通信-半導體收入環比下降23%。這種下降幅度比第四季度通常觀察到的個位數下降要大得多。艾馬克面臨較弱前景的主要原因被認爲是對高端智能手機需求下降以及爲2024年機型分配不足。然而，有望計算營收強勁趨勢將持續到第四季度。
艾馬克技術報告顯示第三季度盈利表現遜於市場預期，但提出的第四季度指引遠遠低於預期，導致盤後股價顯著下跌。這種淡靜前景主要歸因於通信-半導體終端市場活動減少，艾馬克指出智能手機生產計劃不太正常。
以下爲今日4位分析師對$艾馬克技術 (AMKR.US)$的最新投資評級及目標價：
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