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Home โบ Stocks โบ Magnachip Semiconductor Corporation (MX) Stock Forecast & Price Prediction South Korea | NYSE | Technology | Semiconductors
$3.25
-0.03 (-0.91%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 5 Wall Street analysts, MX has a bullish consensus with a median price target of $6.00 (ranging from $6.00 to $6.00). Currently trading at $3.25, the median forecast implies a 84.6% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Quinn Bolton at Needham, projecting a 84.6% upside. Conversely, the most conservative target is provided by Quinn Bolton at Needham, suggesting a 84.6% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for MX.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Mar 13, 2025 | Needham | Quinn Bolton | Buy | Reiterates | $6.00 |
Aug 1, 2024 | Needham | Quinn Bolton | Buy | Maintains | $7.00 |
May 3, 2024 | Roth MKM | Suji Desilva | Buy | Maintains | $8.00 |
May 3, 2024 | Needham | Quinn Bolton | Buy | Maintains | $8.00 |
Feb 29, 2024 | Needham | Quinn Bolton | Buy | Maintains | $10.00 |
Nov 3, 2023 | Roth MKM | Suji Desilva | Buy | Maintains | $10.00 |
Aug 10, 2023 | Needham | Rajvindra Gill | Buy | Reiterates | $13.00 |
Jun 23, 2023 | Needham | Rajvindra Gill | Buy | Reiterates | $13.00 |
Feb 17, 2023 | Needham | Rajvindra Gill | Buy | Reiterates | $13.00 |
Feb 6, 2023 | RBC Capital | Nelson Ng | Sector Perform | Maintains | $50.00 |
Nov 3, 2022 | Needham | Rajvindra Gill | Buy | Maintains | $13.00 |
May 4, 2022 | Needham | Rajvindra Gill | Buy | Maintains | $25.00 |
Aug 23, 2021 | Needham | Rajvindra Gill | Buy | Maintains | $29.00 |
Feb 18, 2021 | Needham | Rajvindra Gill | Buy | Maintains | $30.00 |
Feb 18, 2021 | Roth Capital | Suji Desilva | Buy | Maintains | $30.00 |
Jan 8, 2021 | Oppenheimer | Outperform | Initiates | $0.00 | |
Aug 11, 2020 | Citigroup | Neutral | Maintains | $13.75 | |
Jan 15, 2020 | Needham | Buy | Maintains | $18.00 | |
Nov 1, 2018 | Citigroup | Neutral | Maintains | $9.40 | |
May 2, 2018 | Citigroup | Neutral | Maintains | $10.00 |
The following stocks are similar to MagnaChip based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Magnachip Semiconductor Corporation has a market capitalization of $117.21M with a P/E ratio of -2.3x. The company generates $231.74M in trailing twelve-month revenue with a -23.4% profit margin.
Revenue growth is +24.0% quarter-over-quarter, while maintaining an operating margin of -14.4% and return on equity of -17.5%.
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Designs and manufactures analog and mixed-signal semiconductors.
Magnachip Semiconductor generates revenue by designing and manufacturing semiconductor products, particularly focusing on display drivers and power management integrated circuits (PMICs) for various industries, including consumer electronics and automotive. By providing high-performance solutions, the company caters to a diverse clientele that includes both established multinational companies and innovative startups.
Headquartered in South Korea, Magnachip is positioned as a key player in the semiconductor market, especially with the increasing demand for advanced display technology driven by the growth of smart devices and electric vehicles. The company's commitment to innovation and its strategic partnerships further enhance its competitive edge in the tech supply chain.
Technology
Semiconductors
881
Mr. Young-Joon Kim
South Korea
2011
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Match Group's first-quarter results reflect revenue declines. However, Hinge sees strong growth.
Stocks SMTC, MX, ASML, and AEIS are expected to gain from ongoing growth in semiconductor sales.
Rising semiconductor sales indicate strong demand, suggesting potential revenue and profit growth for SMTC, MX, ASML, and AEIS, making them attractive investment opportunities.
MOGO, MX, WAY, FLNT, and FOXA have received a Zacks Rank #1 (Strong Buy) designation as of April 23, 2025.
The inclusion of MOGO, MX, WAY, FLNT, and FOXA in the Zacks Rank #1 (Strong Buy) List signals strong potential for price appreciation, attracting investor interest and driving demand.
In 2025, strong growth in Analog/Mixed Signal semiconductors may face challenges from macro and geopolitical uncertainties. Recommended stocks are MX and SMTC.
Strong growth in Analog/Mixed Signal semiconductors indicates potential for returns, but macro and geopolitical risks could impact performance. MX and SMTC are seen as favorable investments.
Magnachip Semiconductor Corporation (NYSE: MX) will report Q1 2025 financial results on May 12, 2025, after market close, followed by a conference call at 2:00 p.m. PT / 5:00 p.m. ET.
Magnachip's upcoming financial results and conference call will provide insights into its performance, influencing investor sentiment and stock price movement.
Magnachip Semiconductor (NYSE: MX) will shut down its Display business by Q2 2025, classifying it as discontinued operations in its upcoming Q1 results.
Magnachip's decision to shut down its Display business signals a strategic shift, potentially affecting revenue and stock performance, as well as investor confidence in future growth.
Stocks NVDA, RFIL, ASML, and MX are expected to gain from the consistent growth in semiconductor sales.
Growth in semiconductor sales indicates rising demand for technology, enhancing profitability for companies like NVDA, RFIL, ASML, and MX, which could lead to stock price appreciation.
Based on our analysis of 5 Wall Street analysts, Magnachip Semiconductor Corporation (MX) has a median price target of $6.00. The highest price target is $6.00 and the lowest is $6.00.
According to current analyst ratings, MX has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $3.25. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict MX stock could reach $6.00 in the next 12 months. This represents a 84.6% increase from the current price of $3.25. Please note that this is a projection by Wall Street analysts and not a guarantee.
Magnachip Semiconductor generates revenue by designing and manufacturing semiconductor products, particularly focusing on display drivers and power management integrated circuits (PMICs) for various industries, including consumer electronics and automotive. By providing high-performance solutions, the company caters to a diverse clientele that includes both established multinational companies and innovative startups.
The highest price target for MX is $6.00 from Quinn Bolton at Needham, which represents a 84.6% increase from the current price of $3.25.
The lowest price target for MX is $6.00 from Quinn Bolton at Needham, which represents a 84.6% increase from the current price of $3.25.
The overall analyst consensus for MX is bullish. Out of 5 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $6.00.
Stock price projections, including those for Magnachip Semiconductor Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.