Zacks cuts Amkor Technology stock to Hold as six analysts Buy

Published on 10/08/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 25.60 percent to USD 1.90 billion in the second quarter. Amkor Technology stock trades at EUR 46.06 on October 8, 2026 versus EUR 46.50.

AMKR, US0316521006, Illustration mit AI erstellt.

Amkor Technology (US0316521006) stock was at EUR 46.06 at Lang & Schwarz on October 8, 2026 at 11:20 a.m. CEST, down 0.95 percent versus the prior close of EUR 46.50. According to MarketBeat, Zacks Research cut Amkor Technology from Strong Buy to Hold on September 28, 2026, while six of 12 analysts rated the stock Buy.

Analysts split on valuation

MarketBeat reported an average 12-month price target of USD 68.33 on October 6, 2026. The same report listed six Hold ratings alongside the six Buy ratings, giving the stock a Moderate Buy consensus.

The target sits above the latest Nasdaq context price of USD 52.27 from October 7, 2026, but the euro quote is the reference for German investors. The 52-week Nasdaq range was USD 28.19 to USD 96.68 as of October 7, 2026.

Second-quarter growth sets the bar

Amkor reported revenue of USD 1.90 billion for the second quarter of 2026, up 25.60 percent from the prior-year quarter, according to MarketBeat. Diluted earnings per share reached USD 0.70, compared with a USD 0.47 consensus estimate.

Management's third-quarter 2026 earnings per share guidance was USD 0.72 to USD 0.82. That range places execution, rather than the second-quarter beat alone, at the center of the next valuation debate.

The company also remains tied to the expansion of US advanced packaging capacity. The Economic Times reported on July 24, 2026, that Nvidia and Amkor entered a multi-year USD 1.50 billion packaging and testing agreement, including a prepayment for US capacity.

Results date gives investors a marker

Business Wire reported on October 5, 2026, that Amkor will publish third-quarter 2026 results after the Nasdaq close on October 26, 2026. Management's conference call is scheduled for 5:00 p.m. ET that day.

Amkor Technology is listed on Nasdaq under AMKR and operates in semiconductor packaging and testing. Its next report will test whether the USD 0.72 to USD 0.82 earnings per share outlook can support the valuation gap reflected in the USD 68.33 analyst average.

Amkor stock stays below its prior close

Amkor Technology stock was trading at EUR 46.06 at Lang & Schwarz on October 8, 2026 at 11:20 a.m. CEST, down 0.95 percent versus the prior close of EUR 46.50. The primary exchange context was Nasdaq, where the finance quote was USD 52.27 on October 7, 2026.

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