MagnaChip Semiconductor Corp has a consensus price target of $19.75 based on the ratings of 4 analysts. The high is $50 issued by RBC Capital on February 6, 2023. The low is $8 issued by Roth MKM on May 3, 2024. The 3 most-recent analyst ratings were released by Roth MKM, Needham, and Needham on May 3, 2024, May 3, 2024, and February 29, 2024, respectively. With an average price target of $8.67 between Roth MKM, Needham, and Needham, there's an implied 75.08% upside for MagnaChip Semiconductor Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/03/2024 | Buy Now | 61.62% | Roth MKM | Suji Desilva | $10 → $8 | Maintains | Buy | Get Alert |
05/03/2024 | Buy Now | 61.62% | Needham | Quinn Bolton | $10 → $8 | Maintains | Buy | Get Alert |
02/29/2024 | Buy Now | 102.02% | Needham | Quinn Bolton | $13 → $10 | Maintains | Buy | Get Alert |
11/03/2023 | Buy Now | 102.02% | Roth MKM | Suji Desilva | $15 → $10 | Maintains | Buy | Get Alert |
08/10/2023 | Buy Now | 162.63% | Needham | Rajvindra Gill | → $13 | Reiterates | Buy → Buy | Get Alert |
06/23/2023 | Buy Now | 162.63% | Needham | Rajvindra Gill | → $13 | Reiterates | Buy → Buy | Get Alert |
02/17/2023 | Buy Now | 162.63% | Needham | Rajvindra Gill | → $13 | Reiterates | → Buy | Get Alert |
02/06/2023 | Buy Now | 910.1% | RBC Capital | Nelson Ng | $45 → $50 | Maintains | Sector Perform | Get Alert |
11/03/2022 | Buy Now | 162.63% | Needham | Rajvindra Gill | $22 → $13 | Maintains | Buy | Get Alert |
05/04/2022 | Buy Now | 405.05% | Needham | Rajvindra Gill | $29 → $25 | Maintains | Buy | Get Alert |
08/23/2021 | Buy Now | 485.86% | Needham | Rajvindra Gill | — | Maintains | Buy | Get Alert |
The latest price target for MagnaChip Semiconductor (NYSE:MX) was reported by Roth MKM on May 3, 2024. The analyst firm set a price target for $8.00 expecting MX to rise to within 12 months (a possible 61.62% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for MagnaChip Semiconductor (NYSE:MX) was provided by Roth MKM, and MagnaChip Semiconductor maintained their buy rating.
There is no last upgrade for MagnaChip Semiconductor
There is no last downgrade for MagnaChip Semiconductor.
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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.
While ratings are subjective and will change, the latest MagnaChip Semiconductor (MX) rating was a maintained with a price target of $10.00 to $8.00. The current price MagnaChip Semiconductor (MX) is trading at is $4.95, which is out of the analyst’s predicted range.
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