Amkor Technology (NASDAQ:AMKR) Announces Quarterly Earnings Results

Amkor Technology (NASDAQ:AMKR) posted its quarterly earnings data on Monday. The semiconductor company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.02), FiscalAI reports. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the firm posted $0.51 earnings per share. The business’s revenue was up .2% compared to the same quarter last year.

Here are the key takeaways from Amkor Technology’s conference call:

• Strong third-quarter execution: Revenue reached $1.99 billion, up 5% sequentially, while gross margin expanded to 18.3% and operating margin to 11.3%, driven by a richer mix of advanced packaging.
• Computing momentum remains robust. Computing revenue rose 25% sequentially to a record, with fourth-quarter revenue expected to increase low double digits and exceed 50% year over year; management expects similar or higher growth in 2027.
• Automotive and industrial revenue also reached a record, supported by ADAS, in-car computing, infotainment, and industrial demand. Management cited improving customer inventories and rising semiconductor content per vehicle as additional tailwinds.
• Customer advance-payment agreements with roughly a dozen customers are improving capacity visibility and helping fund elevated investment in Arizona, Korea, and Vietnam. Management said the balance sheet is positioned to support planned spending through 2027 without necessarily requiring incremental debt.
• Communications revenue is expected to decline high single digits sequentially in the fourth quarter, while consumer revenue is forecast to fall to the mid-teens percentage range due to component shortages, memory pricing, and weaker smartphone and wearable demand. Capital expenditures will remain elevated, with a further step-up expected in 2027 and Arizona-related spending peaking in 2028–2029.

Amkor Technology Stock Performance

AMKR stock opened at $36.81 on Tuesday. The company has a market cap of $9.15 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 0.48 and a beta of 2.21. Amkor Technology has a 1 year low of $29.50 and a 1 year high of $96.68. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The stock’s fifty day moving average price is $49.07 and its 200-day moving average price is $57.29.

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd were issued a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 2nd. Amkor Technology’s dividend payout ratio is presently 14.80%.

Insider Activity at Amkor Technology

In other Amkor Technology news, Director Giel Rutten sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $55.35, for a total transaction of $1,383,750.00. Following the completion of the sale, the director directly owned 486,732 shares of the company’s stock, valued at approximately $26,940,616.20. This represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kevin K. Engel sold 3,221 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $47.00, for a total transaction of $151,387.00. Following the completion of the transaction, the chief executive officer owned 9,666 shares in the company, valued at $454,302. The trade was a 24.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 46,221 shares of company stock valued at $2,538,507 in the last 90 days. 26.40% of the stock is owned by company insiders.

Trending Headlines about Amkor Technology

Here are the key news stories impacting Amkor Technology this week:

• Positive Sentiment: Amkor reported third-quarter gross profit of approximately $364 million, an 18.3% gross margin and an 11.3% operating margin. Net income increased to $191 million, while EPS rose to $0.76 from $0.51 a year earlier. Amkor Technology Q3 Revenue and Margins
• Positive Sentiment: Computing and automotive revenue reportedly reached records, supporting the company’s diversification beyond communications and strengthening the case for continued packaging demand. Amkor Third-Quarter Results
• Positive Sentiment: A reported $3 billion strategic AI-packaging opportunity involving NVIDIA provides a potentially significant long-term catalyst. The deal has fueled arguments that AMKR may be undervalued despite its recent decline. Amkor AI Packaging Deal
• Neutral Sentiment: Amkor’s $1.99 billion quarterly revenue was essentially flat year over year, indicating that margin expansion and mix improvements—not broad-based sales growth—were the main earnings positives.
• Negative Sentiment: Revenue of $1.99 billion fell short of the roughly $2.04 billion consensus estimate, while EPS of $0.76 missed expectations near $0.78–$0.79. Amkor Q3 Earnings Miss
• Negative Sentiment: Management’s outlook reportedly came in below analyst expectations, intensifying concerns about near-term demand and execution despite the AI opportunity. Amkor Guidance Miss
• Negative Sentiment: Sentiment was already weak ahead of the report following an analyst price-target reduction to $46 from $65, elevated put-option activity, and broader semiconductor-sector pressure. AMKR also trades well below its 50-day and 200-day moving averages. Amkor Pre-Earnings Pressure

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Weiss Ratings raised Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Needham & Company LLC reissued a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a report on Tuesday, July 28th. Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. B. Riley Financial lowered their price target on Amkor Technology from $65.00 to $46.00 and set a “neutral” rating on the stock in a report on Tuesday, October 20th. Finally, Bank of America assumed coverage on Amkor Technology in a report on Thursday, August 27th. They set a “buy” rating and a $70.00 price target on the stock. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $66.22.

About Amkor Technology

Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The company helps semiconductor manufacturers and electronics companies assemble, package and test integrated circuits before they are incorporated into finished electronic products.

Amkor’s services include wafer bumping, wafer-level packaging, flip-chip packaging, system-in-package solutions, fan-out packaging, leadframe and laminate-based packaging, and semiconductor testing. Its products and services support applications including mobile and consumer electronics, communications, automotive, computing, industrial equipment, and memory devices.

Founded in 1968, Amkor has grown into a global semiconductor supply-chain partner with manufacturing and testing operations across regions including Asia, Europe and the United States.