Comments
Loading...

MagnaChip Semiconductor

MXNYSE
$4.95
0.061.23%
At Close: -
$4.95
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings in 7 days from now on Wed Jul 31st, after the market close
Conference call scheduled in 7 days at 17:00 PM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$50.00
Lowest Price Target1
$8.00
Consensus Price Target1
$19.75

Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

Click Here

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

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.

Analyst Trends and Forecast
0
0
0
0
Feb
0
0
0
0
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Roth MKM
Needham
Needham
RBC Capital

1calculated from analyst ratings

Analyst Ratings for MagnaChip Semiconductor

Buy NowGet Alert
05/03/2024Buy Now61.62%Roth MKM
Suji Desilva
$10 → $8MaintainsBuyGet Alert
05/03/2024Buy Now61.62%Needham
Quinn Bolton
$10 → $8MaintainsBuyGet Alert
02/29/2024Buy Now102.02%Needham
Quinn Bolton
$13 → $10MaintainsBuyGet Alert
11/03/2023Buy Now102.02%Roth MKM
Suji Desilva
$15 → $10MaintainsBuyGet Alert
08/10/2023Buy Now162.63%Needham
Rajvindra Gill
→ $13ReiteratesBuy → BuyGet Alert
06/23/2023Buy Now162.63%Needham
Rajvindra Gill
→ $13ReiteratesBuy → BuyGet Alert
02/17/2023Buy Now162.63%Needham
Rajvindra Gill
→ $13Reiterates → BuyGet Alert
02/06/2023Buy Now910.1%RBC Capital
Nelson Ng
$45 → $50MaintainsSector PerformGet Alert
11/03/2022Buy Now162.63%Needham
Rajvindra Gill
$22 → $13MaintainsBuyGet Alert
05/04/2022Buy Now405.05%Needham
Rajvindra Gill
$29 → $25MaintainsBuyGet Alert
08/23/2021Buy Now485.86%Needham
Rajvindra Gill
MaintainsBuyGet Alert

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 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.

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 Roth MKM, 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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 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 $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.

Browse analyst ratings and price targets on all stocks.

People Also Watch