NYSE:MX - Magnachip Semiconductor Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $26.25
  • Forecasted Upside: 9.33 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$24.01
▲ +0.49 (2.08%)
1 month | 3 months | 12 months
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Analyst Price Target for MX

Average Price Target: $26.25
▲ +9.33% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Magnachip Semiconductor in the last 3 months. The average price target is $26.25, with a high forecast of $30.00 and a low forecast of $20.00. The average price target represents a 9.33% upside from the last price of $24.01.

Buy

The current consensus among 6 contributing investment analysts is to buy stock in Magnachip Semiconductor. This rating has held steady since December 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/29/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/21/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/30/2021Vertical ResearchDowngradeBuy ➝ NeutralMedium
3/26/2021Tudor PickeringReiterated RatingHoldHigh
2/23/2021CitigroupBoost Price Target$10.00 ➝ $20.00Low
2/18/2021Roth CapitalBoost Price TargetBuy$20.00 ➝ $30.00High
2/18/2021OppenheimerReiterated RatingBuy$25.00High
2/18/2021Needham & Company LLCBoost Price TargetBuy$25.00 ➝ $30.00High
1/25/2021CitigroupBoost Price Target$15.00 ➝ $19.00High
1/13/2021Needham & Company LLCBoost Price TargetBuy$18.00 ➝ $25.00Medium
1/7/2021OppenheimerInitiated CoverageOutperform$21.00High
9/25/2020Vertical ResearchInitiated CoverageBuyLow
8/11/2020CitigroupBoost Price TargetNeutral$13.40 ➝ $13.75High
7/31/2020Needham & Company LLCReiterated RatingBuy$18.00Low
5/5/2020Needham & Company LLCReiterated RatingBuy$18.00High
3/10/2020Needham & Company LLCReiterated RatingBuy$18.00High
1/15/2020Needham & Company LLCBoost Price TargetBuy$15.00 ➝ $18.00Medium
7/31/2019Roth CapitalSet Price TargetBuy$17.00N/A
7/31/2019CitigroupSet Price TargetHold$11.00N/A
5/2/2019CitigroupSet Price TargetHold$9.00Low
1/24/2019Needham & Company LLCReiterated RatingBuy$10.00Low
11/1/2018CitigroupLower Price TargetNeutral ➝ Neutral$12.00 ➝ $9.40High
10/23/2018Roth CapitalLower Price TargetBuy$18.00 ➝ $13.00Low
5/2/2018CitigroupLower Price TargetNeutral ➝ Neutral$11.00 ➝ $10.00Medium
1/17/2018Needham & Company LLCReiterated RatingBuy$15.00High
11/2/2017Needham & Company LLCReiterated RatingBuy$15.00N/A
9/8/2017Needham & Company LLCReiterated RatingBuy$15.00Low
8/7/2017CitigroupBoost Price TargetNeutral ➝ Neutral$10.50 ➝ $11.00Low
8/4/2017Needham & Company LLCReiterated RatingBuy$13.00 ➝ $15.00High
7/13/2017Needham & Company LLCReiterated RatingBuy$10.00 ➝ $13.00Low
5/10/2017CitigroupInitiated CoverageNeutral ➝ Neutral$10.50High
2/24/2017Needham & Company LLCReiterated RatingBuy$10.00N/A
2/16/2017Needham & Company LLCReiterated RatingBuy$10.00N/A
2/10/2017Needham & Company LLCReiterated RatingBuy$10.00N/A
1/13/2017Needham & Company LLCUpgradeHold ➝ Buy$10.00N/A
9/28/2016Roth CapitalInitiated CoverageBuy$10.00N/A
(Data available from 6/21/2016 forward)
Magnachip Semiconductor logo
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotives, entertainment devices, notebook PCs, monitors and liquid crystal displays, organic light emitting diodes, and micro light emitting diode (LED) televisions. The company also offers metal oxide semiconductor field effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, switching regulators, linear regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, and other consumer electronics, as well as for power suppliers, e-bike, photovoltaic inverter, LED lighting, motor drive, and home appliances. It serves consumer, computing, and industrial electronics original equipment manufacturers, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, Europe, and internationally. The company sells its products through a direct sales force, as well as through a network of agents and representatives; and distributors. Magnachip Semiconductor Corporation is based in Luxembourg, Luxembourg.
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Today's Range

Now: $24.01
Low: $23.18
High: $24.39

50 Day Range

MA: $24.39
Low: $22.77
High: $26.01

52 Week Range

Now: $24.01
Low: $9.93
High: $26.98

Volume

1,851,800 shs

Average Volume

1,101,191 shs

Market Capitalization

$1.11 billion

P/E Ratio

3.08

Dividend Yield

N/A

Beta

1.04

Frequently Asked Questions

What sell-side analysts currently cover shares of Magnachip Semiconductor?

The following equities research analysts have issued research reports on Magnachip Semiconductor in the last year: Citigroup Inc., Needham & Company LLC, Oppenheimer Holdings Inc., Roth Capital, TheStreet, Tudor Pickering, Vertical Research, and Zacks Investment Research.
View the latest analyst ratings for MX.

What is the current price target for Magnachip Semiconductor?

4 Wall Street analysts have set twelve-month price targets for Magnachip Semiconductor in the last year. Their average twelve-month price target is $26.25, suggesting a possible upside of 9.3%. Roth Capital has the highest price target set, predicting MX will reach $30.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $20.00 for Magnachip Semiconductor in the next year.
View the latest price targets for MX.

What is the current consensus analyst rating for Magnachip Semiconductor?

Magnachip Semiconductor currently has 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MX will outperform the market and that investors should add to their positions of Magnachip Semiconductor.
View the latest ratings for MX.

What other companies compete with Magnachip Semiconductor?

How do I contact Magnachip Semiconductor's investor relations team?

Magnachip Semiconductor's physical mailing address is 1 Allee Scheffer, Luxembourg N4, L-2520. The semiconductor company's listed phone number is 352 456 262 and its investor relations email address is [email protected] The official website for Magnachip Semiconductor is www.magnachip.com.