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MagnaChip Semiconductor

MXNYSE
Logo brought to you by Benzinga Data
$3.86
0.195.18%
At close: -
$3.78
-0.08-2.07%
After Hours: Nov 22, 7:18 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$50.00
Lowest Price Target1
$7.00
Consensus Price Target1
$19.50

MagnaChip Semiconductor (NYSE:MX) Stock, Analyst Ratings, Price Targets, Forecasts

MagnaChip Semiconductor Corp has a consensus price target of $19.5 based on the ratings of 4 analysts. The high is $50 issued by RBC Capital on February 6, 2023. The low is $7 issued by Needham on August 1, 2024. The 3 most-recent analyst ratings were released by Needham, Roth MKM, and Needham on August 1, 2024, May 3, 2024, and May 3, 2024, respectively. With an average price target of $7.67 between Needham, Roth MKM, and Needham, there's an implied 102.82% upside for MagnaChip Semiconductor Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Roth MKM
Needham
RBC Capital

1calculated from analyst ratings

Analyst Ratings for MagnaChip Semiconductor

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for MagnaChip Semiconductor (MX) stock?

A

The latest price target for MagnaChip Semiconductor (NYSE:MX) was reported by Needham on August 1, 2024. The analyst firm set a price target for $7.00 expecting MX to rise to within 12 months (a possible 85.18% upside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MagnaChip Semiconductor (MX)?

A

The latest analyst rating for MagnaChip Semiconductor (NYSE:MX) was provided by Needham, and MagnaChip Semiconductor maintained their buy rating.

Q

When was the last upgrade for MagnaChip Semiconductor (MX)?

A

There is no last upgrade for MagnaChip Semiconductor

Q

When was the last downgrade for MagnaChip Semiconductor (MX)?

A

There is no last downgrade for MagnaChip Semiconductor.

Q

When is the next analyst rating going to be posted or updated for MagnaChip Semiconductor (MX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MagnaChip Semiconductor, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MagnaChip Semiconductor was filed on August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.

Q

Is the Analyst Rating MagnaChip Semiconductor (MX) correct?

A

While ratings are subjective and will change, the latest MagnaChip Semiconductor (MX) rating was a maintained with a price target of $8.00 to $7.00. The current price MagnaChip Semiconductor (MX) is trading at is $3.78, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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