Needham Cuts Amkor Technology (AMKR) Price Target to $55

By TradeTexts Research Desk Oct 27, 2026, 8:18 AM EDT

Key Points

Needham reduced its price target on Amkor Technology from $90 to $55, while keeping a Buy rating as of October 27, 2026.
Needham's $55 price target implies 49.46% upside from Amkor Technology, Inc.'s ($AMKR) current $36.80 share price.
Amkor Technology's stock recently traded around $36.80, which is 4% below the price of $38.35 on the last trading day.
The average price target among analysts for Amkor is $74.50, indicating a significant gap between current trading levels and analyst expectations.

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Needham has lowered its price target for Amkor Technology, Inc. (AMKR) to $55 from $90 while maintaining a Buy rating. This change was announced on October 27, 2026. The firm believes there are still positive aspects to the company despite the reduced target.

AMKR Amkor Technology, Inc.

$38.35 -10.21% year to date

Daily close · Oct 26, 2026

Analyst rating track record

Needham vs. the S&P 500

YTD return -2.87% hypothetical

All-time return -2.87% S&P 500 +1.69%

vs. S&P 500 -4.56% behind the index

Hypothetical returns from Needham's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Amkor Technology

NLB Skladi, upravljanje premozenja, d.o.o. increased its holdings in Amkor by 23,624 shares, bringing its total to 60,681 shares worth about $3.2 million. Meanwhile, AQR Capital Management, LLC trimmed its stake by 10,699 shares, ending with 3,231,546 shares valued at approximately $119 million. Earnest Partners LLC also reduced its position by 579,284 shares, now holding 2,852,492 shares worth about $105 million.

Amkor Technology, Inc. Stock Down 6.4%

Amkor Technology's stock recently traded around $36.80, which is 4% below its closing price of $38.35 on October 26, 2026. The stock is currently below its 50-day moving average by 25% and is also 61.9% lower than its 52-week high of $96.68.

12-month forecast

$AMKR price target

Amkor Technology, Inc. daily closes and this analyst's $55 target. Not advice.

Recent Earnings

Amkor reported a trailing twelve-month revenue of approximately $7.46 billion and an earnings per share (EPS) of $2.23. The company's revenue has grown by 25.6% year-over-year, and it has a net margin of 7.4%. The next earnings report is scheduled for November 2, 2026.

Insider Buying and Selling at Amkor Technology, Inc.

Several insiders have sold shares recently. Mark N. Rogers, General Counsel, sold 5,000 shares at an average price of $59.78 on August 17, 2026, totaling about $298,900. CFO Megan Faust sold 1,000 shares at $49.05 on September 8, 2026, for $49,050. Additionally, Director Douglas A. Alexander sold 5,000 shares at $55.00 on October 2, 2026, worth $275,000. Faust also sold another 1,000 shares at $46.92 on October 13, 2026, bringing in $46,920.

Analysts Set New Price Targets

On October 27, 2026, Needham maintained its Buy rating on Amkor Technology with a new price target of $55. Morgan Stanley also maintained an Equal-Weight rating with a target of $63.00, down from $70.00. B. Riley Securities kept its Neutral rating but lowered its target from $65.00 to $46.00 on October 20, 2026.

About Amkor Technology

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services globally. With a market capitalization of about $9.1 billion, the company plays a crucial role in the semiconductor industry, supporting various technology sectors.

Bottom Line

Investors should watch for Amkor's upcoming earnings report on November 2, 2026, as it may provide insights into the company's performance amid changing market conditions. The recent target adjustments by analysts highlight a cautious outlook for the stock in the near term.