The Amkor stock rating remained at Buy on October 20, 2026, when Needham analyst Charles Shi lowered his price target for Amkor Technology to $55 from $90.

Key Takeaways

  • Needham reduced its price target by $35 per share while maintaining its Buy recommendation.
  • The available information does not establish why Needham changed the target.

Amkor stock rating and price target

The reduction represented a 38.89% cut to Needham’s previous target. A price target is an analyst’s estimate, not a guarantee of where a share will trade.

An accompanying market snapshot listed Amkor shares at $36.81, but did not specify when the price was observed. It should not be assumed to be the price on the rating date or the latest market price.

Semiconductor packaging and testing

Amkor provides outsourced semiconductor assembly and testing services. It packages and tests integrated circuits for semiconductor companies and electronics manufacturers, using advanced packaging techniques as well as traditional wirebond packaging.

Its customers include fabless chip designers and integrated device manufacturers. The company generates most of its revenue from international markets, particularly in Asia.

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