Amkor Technology Analysts Boost Their Forecasts After Strong Q3 Earnings

Benzinga

Oct 29

Amkor Technology Inc (NASDAQ:AMKR) reported upbeat earnings for the third quarter on Monday.

The company posted quarterly earnings of 51 cents per share which beat the analyst consensus estimate of 42 cents per share. The company reported quarterly sales of $1.987 billion which beat the analyst consensus estimate of $1.932 billion.

Amkor Tech said it sees fourth-quarter GAAP EPS $0.38-$0.48 and sales of $1.775 billion-$1.875 billion.

“Amkor delivered third quarter revenue of $1.99 billion, a 31% sequential increase, fueled by demand for Advanced packaging, which set a new revenue record,” said Giel Rutten, Amkor’s president and chief executive officer. “This quarter, we executed steep production ramps, achieved record revenue in our Communications and Computing end markets, and broke ground on our new Advanced packaging and test campus in Arizona, reinforcing our commitment to enable our customers’ technology roadmaps and strengthen U.S. semiconductor manufacturing.”

Amkor Tech shares fell 3.4% to $32.06 on Tuesday.

These analysts made changes to their price targets on Amkor Tech following earnings announcement.

Needham analyst Charles Shi maintained the stock with a Buy and raised the price target from $32 to $37.
JP Morgan analyst Peter Peng maintained Amkor Tech with an Overweight rating and boosted the price target from $27 to $32.

Considering buying AMKR stock? Here’s what analysts think:

Read This Next:

How To Earn $500 A Month From Visa Stock Ahead Of Q4 Earnings

Photo via Shutterstock

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The company reported quarterly sales of $1.987 billion which beat the analyst consensus estimate of $1.932 billion.</p>\n<p>Amkor Tech said it sees fourth-quarter GAAP EPS $0.38-$0.48 and sales of $1.775 billion-$1.875 billion.</p>\n<p>“Amkor delivered third quarter revenue of $1.99 billion, a 31% sequential increase, fueled by demand for Advanced packaging, which set a new revenue record,” said Giel Rutten, Amkor’s president and chief executive officer. “This quarter, we executed steep production ramps, achieved record revenue in our Communications and Computing end markets, and broke ground on our new Advanced packaging and test campus in Arizona, reinforcing our commitment to enable our customers’ technology roadmaps and strengthen U.S. semiconductor manufacturing.”</p>\n<p>Amkor Tech shares fell 3.4% to $32.06 on Tuesday.</p>\n<p>These analysts made changes to their price targets on Amkor Tech following earnings announcement.</p>\n<ul>\n<li>Needham analyst Charles Shi maintained the stock with a Buy and raised the price target from $32 to $37.</li>\n<li>JP Morgan analyst Peter Peng maintained Amkor Tech with an Overweight rating and boosted the price target from $27 to $32.</li>\n</ul>\n<p><strong>Considering buying AMKR stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"500\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730-1024x500.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730.png 1087w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>How To Earn $500 A Month From <a href=\"https://laohu8.com/S/V\">Visa</a> Stock Ahead Of Q4 Earnings</strong></li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amkor Technology Analysts Boost Their Forecasts After Strong Q3 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmkor Technology Analysts Boost Their Forecasts After Strong Q3 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-10-29 00:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Amkor Technology Inc</strong> (NASDAQ:AMKR) reported upbeat earnings for the third quarter on Monday.</p>\n<p>The company posted quarterly earnings of 51 cents per share which beat the analyst consensus estimate of 42 cents per share. The company reported quarterly sales of $1.987 billion which beat the analyst consensus estimate of $1.932 billion.</p>\n<p>Amkor Tech said it sees fourth-quarter GAAP EPS $0.38-$0.48 and sales of $1.775 billion-$1.875 billion.</p>\n<p>“Amkor delivered third quarter revenue of $1.99 billion, a 31% sequential increase, fueled by demand for Advanced packaging, which set a new revenue record,” said Giel Rutten, Amkor’s president and chief executive officer. “This quarter, we executed steep production ramps, achieved record revenue in our Communications and Computing end markets, and broke ground on our new Advanced packaging and test campus in Arizona, reinforcing our commitment to enable our customers’ technology roadmaps and strengthen U.S. semiconductor manufacturing.”</p>\n<p>Amkor Tech shares fell 3.4% to $32.06 on Tuesday.</p>\n<p>These analysts made changes to their price targets on Amkor Tech following earnings announcement.</p>\n<ul>\n<li>Needham analyst Charles Shi maintained the stock with a Buy and raised the price target from $32 to $37.</li>\n<li>JP Morgan analyst Peter Peng maintained Amkor Tech with an Overweight rating and boosted the price target from $27 to $32.</li>\n</ul>\n<p><strong>Considering buying AMKR stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"500\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730-1024x500.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/10/28121403/image-730.png 1087w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>How To Earn $500 A Month From <a href=\"https://laohu8.com/S/V\">Visa</a> Stock Ahead Of Q4 Earnings</strong></li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMKR","symbol_name":"艾马克技术公司","start_time":0,"source_url":"https://www.benzinga.com/news/25/10/48468614/amkor-technology-analysts-boost-their-forecasts-after-strong-q3-earnings","article_id":"2579075961","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579075961","pubTimestamp":1761668121,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AMKR":"艾马克技术公司"},"translate_title":"Amkor Technology分析师在第三季度盈利强劲后上调预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMKR":1.5},"content_text":"Amkor Technology Inc (NASDAQ:AMKR) reported upbeat earnings for the third quarter on Monday.\nThe company posted quarterly earnings of 51 cents per share which beat the analyst consensus estimate of 42 cents per share. The company reported quarterly sales of $1.987 billion which beat the analyst consensus estimate of $1.932 billion.\nAmkor Tech said it sees fourth-quarter GAAP EPS $0.38-$0.48 and sales of $1.775 billion-$1.875 billion.\n“Amkor delivered third quarter revenue of $1.99 billion, a 31% sequential increase, fueled by demand for Advanced packaging, which set a new revenue record,” said Giel Rutten, Amkor’s president and chief executive officer. “This quarter, we executed steep production ramps, achieved record revenue in our Communications and Computing end markets, and broke ground on our new Advanced packaging and test campus in Arizona, reinforcing our commitment to enable our customers’ technology roadmaps and strengthen U.S. semiconductor manufacturing.”\nAmkor Tech shares fell 3.4% to $32.06 on Tuesday.\nThese analysts made changes to their price targets on Amkor Tech following earnings announcement.\n\nNeedham analyst Charles Shi maintained the stock with a Buy and raised the price target from $32 to $37.\nJP Morgan analyst Peter Peng maintained Amkor Tech with an Overweight rating and boosted the price target from $27 to $32.\n\nConsidering buying AMKR stock? Here’s what analysts think: \n\nRead This Next: \n\nHow To Earn $500 A Month From Visa Stock Ahead Of Q4 Earnings\n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}