Amkor Technology, Inc. (AMKR) AI Stock Analysis
AMKR AI stock analysis summary
AI ResearchAmkor Technology, Inc. (AMKR) is a provider of outsourced semiconductor packaging and testing services. Over the trailing twelve months, the company generated $7.46B in revenue with a profit margin of 7.4%. In the latest quarter ended June 30, 2026, revenue increased 25.6% year-over-year while quarterly earnings grew 218.2%.
- Market cap
- $10.39B
- Revenue (TTM)
- $7.46B
- P/E
- 18.8x fwd 18.8x
- 1Y return
- 33.7% S&P 500 16.8%
- Avg. target
- $76.40 82.7% vs last close
Bull case
- Quarterly revenue grew 25.6% year-over-year while quarterly earnings expanded 218.2% in the quarter ended June 30, 2026.
- The stock trades at an EV/EBITDA of 9.6x and a PEG ratio of 0.76, well below the US-listed Technology peer median EV/EBITDA of 16.6x.
- Wall Street analysts hold a mean price target of $76.40, indicating an 82.7% premium over the last close of $41.82.
Bear case
- Gross margin declined from 20.0% in FY2021 to 14.0% in FY2025.
- The shares trade 27.3% below their 200-day moving average and sit below their 52-week high of $96.68.
- Short interest represents 17.3% of the float, accompanied by a high beta of 2.22.
What Amkor Technology does
Amkor Technology, Inc. is a global provider of outsourced semiconductor packaging and test services across the United States, Japan, Europe, the Middle East, Africa, and Asia Pacific. The company offers turnkey solutions that include wafer bumping, probing, back-grinding, package design, packaging, system-level testing, final testing, and drop shipment services. Its advanced packaging portfolio includes flip chip-scale packages and stacked chip-scale packages for mobile devices, flip-chip ball grid array packages for computing and networking, and wafer-level packages such as chip-scale and fan-out packages for power management, transceivers, sensors, and radar. It also delivers silicon wafer integrated fan-out technology and lead frame packages.
Growth and profitability
Amkor Technology achieved a 5-year revenue CAGR of 5.8% from FY2020 to FY2025. Annual revenue grew 21.5% in FY2021 to $6.14B and 15.5% in FY2022 to $7.09B, before declining 8.3% in FY2023 to $6.50B and 2.9% in FY2024 to $6.32B. In FY2025, revenue rebounded 6.2% to $6.71B, with gross margin at 14.0%, operating margin at 7.0%, and net income of $373.9M resulting in EPS of $1.51. For the trailing twelve months ended June 30, 2026, revenue was $7.46B with an operating margin of 10.5% and EPS of $2.23. In the quarter ended June 30, 2026, revenue increased 25.6% year-over-year and earnings increased 218.2%.
Balance sheet and cash flow
As of June 30, 2026, Amkor Technology held $2.51B in cash and short-term investments against $2.55B in total debt, leaving net debt at $35.3M. Total assets stood at $9.72B and shareholders' equity was $4.65B, supporting a current ratio of 2.17 and a debt-to-equity ratio of 0.55. In FY2025, the company generated $1.10B in operating cash flow and $191.0M in free cash flow. Capital expenditures were $904.6M and dividends paid totaled $81.9M during FY2025.
Valuation and performance
Amkor Technology trades at a trailing P/E of 18.8x and a forward P/E of 18.8x. Its trailing P/E is below the 28.1x median of its US-listed Technology peers, while its forward P/E matches the peer median of 18.8x. The company has an enterprise value of $13.32B, trading at an EV/EBITDA of 9.6x compared to the peer median of 16.6x, and a price-to-sales of 1.4x versus 2.8x for peers. Over the past year, AMKR gained 33.7%, outperforming the S&P 500 (SPY) return of 16.8%. Over five years, AMKR rose 101.7% compared to 83.0% for the index.
AMKR dividend
Amkor Technology pays a quarterly dividend with an annual forward payout of $0.33 per share, representing a dividend yield of 0.80%. The payout ratio is 15.1%. The company has paid dividends for 7 consecutive years, with an annualized 5-year dividend growth rate of 52.8%. The last ex-dividend date was September 2, 2026.
What analysts expect
Wall Street coverage includes 5 Strong Buy, 2 Buy, and 4 Hold ratings, with no Sell or Strong Sell ratings. The mean price target is $76.40, which is 82.7% above the last close of $41.82. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $7.67B and EPS of $2.57, representing 71.5% EPS growth. Amkor beat EPS estimates in each of the last 4 quarters. The next earnings date is October 26, 2026.
Key risks and what to watch
- High capital intensity absorbed $904.6M in capital expenditures in FY2025, which reduced free cash flow to $191.0M.
- Annual revenue contracted 8.3% in FY2023 and 2.9% in FY2024, demonstrating cyclical volatility in demand.
- The stock exhibits elevated price volatility, reflected in a beta of 2.22 and a 52-week low of $29.50.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this AMKR AI stock analysis
This page is an AI-written research summary of Amkor Technology, Inc. (AMKR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: AMKR income statement, AMKR balance sheet, AMKR key metrics, AMKR analyst forecast, AMKR chart. See the AMKR stock overview for the latest quote and news.
AMKR AI stock analysis FAQ
What is Amkor Technology's dividend yield and payout schedule?
Amkor Technology pays a quarterly dividend with an annual forward amount of $0.33, resulting in a dividend yield of 0.80%. The company's payout ratio is 15.1%, and it has paid dividends for 7 consecutive years.
When is Amkor Technology's next earnings report?
Amkor Technology is scheduled to report its next financial results on October 26, 2026. The company has beaten EPS expectations in each of the prior 4 quarters.
What do analysts forecast for Amkor Technology's current fiscal year?
For the fiscal year ending December 31, 2026, analysts estimate revenue of $7.67B and EPS of $2.57, which equates to projected annual EPS growth of 71.5%.
How leveraged is Amkor Technology's balance sheet?
As of June 30, 2026, Amkor Technology carried $2.55B in total debt and $2.51B in cash and short-term investments, resulting in net debt of $35.3M and a debt-to-equity ratio of 0.55.