Amkor Technology stock falls 3.88 percent. B. Riley cuts target to USD 46.00

Published on 10/20/2026 at 22:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

B. Riley cuts target to USD 46.00. Amkor Technology stock costs EUR 37.24 on October 20, 2026, down 3.88 percent versus Xetra close.

Target cut and reporting date

B. Riley cut its Amkor target to USD 46.00 from USD 65.00 on October 20, 2026.
Second-quarter revenue rose 25.60 percent to USD 1.90 billion.
Amkor Technology stock costs EUR 37.24 at Lang & Schwarz on October 20, 2026 at 10:00 p.m. CEST, down 3.88 percent versus the Xetra close of October 19, 2026.
Third-quarter results are scheduled for October 26, 2026.

AMKR, US0316521006, Illustration mit AI erstellt.

Amkor Technology (ISIN US0316521006) faces a lower B. Riley target of USD 46.00, down from USD 65.00, in a research note dated October 20, 2026, as TipRanks reported. The stock was trading at EUR 37.24 at Lang & Schwarz on October 20, 2026 at 10:00 p.m. CEST, down 3.88 percent versus the Xetra close of October 19, 2026 at EUR 38.75.

Second-quarter revenue rose 25.60 percent

Amkor reported USD 1.90 billion in second-quarter revenue, a 25.60 percent increase from the same quarter a year earlier. The company also delivered adjusted earnings per share of USD 0.70 against a USD 0.47 consensus estimate, according to Yahoo Finance on October 13, 2026. The comparison gives investors a clearer measure of the target cut than the share-price move alone.

Stock sits below the yearly high

Amkor Technology's primary listing is Nasdaq, where the stock last traded at USD 41.70 on October 20, 2026 at 4:00 p.m. ET. Its 52-week range was USD 29.50 to USD 96.68, while market capitalization stood at USD 10.40 billion. The Lang & Schwarz price is 61.46 percent below that high, calculated from EUR 37.24 and the euro-denominated 52-week range of EUR 25.15 to EUR 83.99.

October 26 results set the next date

Amkor is scheduled to report third-quarter 2026 results after the market closes on October 26, 2026. MarketBeat said analysts expected USD 2.03 billion in revenue and USD 0.77 in earnings per share, against company guidance of USD 0.72 to USD 0.82. The same report put the price-to-earnings ratio at 18.75 and market capitalization at USD 10.39 billion on October 19, 2026.

What the target cut changes

B. Riley's new USD 46.00 target is 10.31 percent above the Lang & Schwarz price of EUR 37.24 only when measured in the target's home currency, so the two prices should not be directly netted. The useful comparison is the gap between the fresh target revision and the scheduled results, where guidance and revenue will provide the next measurable test.

Price and reporting date

Amkor Technology stock stood at EUR 37.24 at Lang & Schwarz on October 20, 2026 at 10:00 p.m. CEST, down 3.88 percent versus the Xetra close of October 19, 2026 at EUR 38.75. The next scheduled reporting date is October 26, 2026.

The further course of trading is shown by the continuously updated real-time quote of Amkor Technology stock.