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Magnachip Semiconductor

3.14 USD
-0.01
0.32%
At close Apr 30, 4:00 PM EDT
1 day
-0.32%
5 days
1.95%
1 month
-8.45%
3 months
-21.70%
6 months
-29.91%
Year to date
-21.89%
1 year
-37.45%
5 years
-72.86%
10 years
-42.70%
 

About: MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely, Transitional Fab 3 foundry services and Standard products business. The company operates in Korea, Asia Pacific (other than Korea), United States and Europe.

Employees: 881

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

14% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 22

4.62% more ownership

Funds ownership: 59.03% [Q3] → 63.65% (+4.62%) [Q4]

7% less funds holding

Funds holding: 87 [Q3] → 81 (-6) [Q4]

8% less capital invested

Capital invested by funds: $103M [Q3] → $95.2M (-$8.12M) [Q4]

12% less call options, than puts

Call options by funds: $964K | Put options by funds: $1.1M

31% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 16

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$6
91%
upside
Avg. target
$6
91%
upside
High target
$6
91%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Needham
Quinn Bolton
20% 1-year accuracy
29 / 145 met price target
91%upside
$6
Buy
Reiterated
13 Mar 2025

Financial journalist opinion

Based on 7 articles about MX published over the past 30 days

Negative
Zacks Investment Research
1 week ago
Macro, Geopolitics to Temper Semi Growth in 2025: 2 Stocks
Strong underlying growth in Analog/Mixed Signal semiconductors will continue to be tempered by macro and geopolitical uncertainty in 2025. Our bets are on MX and SMTC.
Macro, Geopolitics to Temper Semi Growth in 2025: 2 Stocks
Positive
Zacks Investment Research
1 week ago
New Strong Buy Stocks for April 23rd
MOGO, MX, WAY, FLNT and FOXA have been added to the Zacks Rank #1 (Strong Buy) List on April 23, 2025.
New Strong Buy Stocks for April 23rd
Neutral
Business Wire
1 week ago
Magnachip to Announce First Quarter 2025 Financial Results on May 12, 2025
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the first quarter ended March 31, 2025, on Monday, May 12, 2025, after the market closes. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon.
Magnachip to Announce First Quarter 2025 Financial Results on May 12, 2025
Positive
Zacks Investment Research
3 weeks ago
4 Semiconductor Stocks to Buy as Sales Surge on AI Optimism
Stocks like NVDA, RFIL, ASML and MX are poised to benefit from the steady growth in semiconductor sales.
4 Semiconductor Stocks to Buy as Sales Surge on AI Optimism
Neutral
Business Wire
3 weeks ago
Magnachip Announces Plan to Shut Down Display Business by End of Q2 2025
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE:MX) (“Magnachip” or the “Company”) today announced that after a thorough review its Board of Directors unanimously approved a plan to shut down the Company's Display business by the end of the second quarter of 2025. The Company had previously announced its intention to explore all strategic options for the Display business and to classify the Display business as discontinued operations when it reports Q1 results in.
Magnachip Announces Plan to Shut Down Display Business by End of Q2 2025
Positive
Zacks Investment Research
3 weeks ago
Down -17.8% in 4 Weeks, Here's Why Magnachip (MX) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for Magnachip (MX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Down -17.8% in 4 Weeks, Here's Why Magnachip (MX) Looks Ripe for a Turnaround
Positive
Zacks Investment Research
4 weeks ago
Down -19.86% in 4 Weeks, Here's Why Magnachip (MX) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for Magnachip (MX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Down -19.86% in 4 Weeks, Here's Why Magnachip (MX) Looks Ripe for a Turnaround
Neutral
Seeking Alpha
1 month ago
Magnachip Semiconductor Corporation (MX) Q4 2024 Earnings Call Transcript
Magnachip Semiconductor Corporation (NYSE:MX ) Q4 2024 - Earnings Conference Call March 12, 2025 8:30 AM ET Company Participants Steven Pelayo - Head IR YJ Kim - CEO Shinyoung Park - CFO Conference Call Participants Suji Desilva - ROTH Capital Nicholas Doyle - Needham Martin Yang – Oppenheimer & Co. Operator Good day, and thank you for standing by. Welcome to the Magnachip Semiconductor Corporation Fourth Quarter 2024 Earnings Conference Call.
Magnachip Semiconductor Corporation (MX) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Magnachip (MX) Q4 Earnings and Revenues Surpass Estimates
Magnachip (MX) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.22 per share. This compares to loss of $0.21 per share a year ago.
Magnachip (MX) Q4 Earnings and Revenues Surpass Estimates
Neutral
Business Wire
1 month ago
Magnachip Reports Results for Fourth Quarter and Full-Year 2024
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced financial results for the fourth quarter and full-year 2024. YJ Kim, Magnachip's CEO, said, “Our Q4 revenue of $63 million was up 24% year-over-year, and gross profit margin of 25.2% was up 2.5 percentage points as compared to a year ago. For the year, Standard Products business revenue increased 13% year-over-year, in line with our guidance for double-digit growth.
Magnachip Reports Results for Fourth Quarter and Full-Year 2024
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