Magnachip Semiconductor - MX Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $10.00
  • Forecasted Upside: 90.11%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$5.26
▼ -0.12 (-2.23%)

This chart shows the closing price for MX by one month, three months, or twelve months.

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Analyst Price Target for MX

Analyst Price Target is $10.00
▲ +90.11% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Magnachip Semiconductor in the last 3 months. The average price target is $10.00, with a high forecast of $10.00 and a low forecast of $10.00. The average price target represents a 90.11% upside from the last price of $5.26.

This chart shows the closing price for MX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in Magnachip Semiconductor. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/22/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/20/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/20/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/19/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/17/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/15/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/15/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/14/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/29/2024Needham & Company LLCLower TargetBuy ➝ Buy$13.00 ➝ $10.00Low
11/3/2023Roth MkmLower TargetBuy ➝ Buy$15.00 ➝ $10.00Low
8/10/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$13.00Low
2/17/2023Needham & Company LLCReiterated RatingBuy$13.00Low
2/6/2023Royal Bank of CanadaBoost TargetSector Perform$45.00 ➝ $50.00Low
11/3/2022Needham & Company LLCLower TargetBuy$22.00 ➝ $13.00Low
5/4/2022Roth CapitalReiterated RatingBuyMedium
5/4/2022Needham & Company LLCReiterated RatingBuy$25.00Medium
1/19/2022Needham & Company LLCReiterated RatingBuy$29.00Low
12/22/2021Needham & Company LLCReiterated RatingBuy$29.00High
8/23/2021Needham & Company LLCLower TargetBuyC$30.00 ➝ C$29.00Low
3/30/2021Vertical ResearchDowngradeBuy ➝ NeutralMedium
3/26/2021Tudor PickeringReiterated RatingHoldHigh
2/23/2021CitigroupBoost Target$10.00 ➝ $20.00Low
2/18/2021Roth CapitalBoost TargetBuy$20.00 ➝ $30.00High
2/18/2021OppenheimerReiterated RatingBuy$25.00High
2/18/2021Needham & Company LLCBoost TargetBuy$25.00 ➝ $30.00High
1/25/2021CitigroupBoost Target$15.00 ➝ $19.00High
1/13/2021Needham & Company LLCBoost TargetBuy$18.00 ➝ $25.00Medium
1/7/2021OppenheimerInitiated CoverageOutperform$21.00High
9/25/2020Vertical ResearchInitiated CoverageBuyLow
8/11/2020CitigroupBoost 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 TargetBuy$15.00 ➝ $18.00Medium
7/31/2019Roth CapitalSet TargetBuy$17.00N/A
7/31/2019CitigroupSet TargetHold$11.00N/A
5/2/2019CitigroupSet TargetHold$9.00Low
(Data available from 4/14/2019 forward)

News Sentiment Rating

0.33 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/17/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
10/17/2023
  • 2 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
11/16/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
12/16/2023
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/15/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/14/2024
  • 2 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/15/2024
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
4/14/2024

Current Sentiment

  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.
Magnachip Semiconductor logo
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, 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, automotive, entertainment devices, monitors, notebook PCs, tablet PC and TVs applied with liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, 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-bikes, photovoltaic inverters, LED lighting, and motor drives; and OLED display driver integrated circuit products. It serves consumer, computing, communication, automotive and industrial electronics OEMs, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in the Asia Pacific, the United States, and Europe. The company sells its products through a direct sales force, as well as through a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2003 and is based in Cheongju, South Korea.
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Today's Range

Now: $5.26
Low: $5.20
High: $5.37

50 Day Range

MA: $5.90
Low: $5.27
High: $6.81

52 Week Range

Now: $5.26
Low: $5.18
High: $11.68

Volume

407,460 shs

Average Volume

357,732 shs

Market Capitalization

$201.25 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.78

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: Needham & Company LLC, Roth Mkm, StockNews.com, and TheStreet.
View the latest analyst ratings for MX.

What is the current price target for Magnachip Semiconductor?

2 Wall Street analysts have set twelve-month price targets for Magnachip Semiconductor in the last year. Their average twelve-month price target is $10.00, suggesting a possible upside of 90.1%. Needham & Company LLC has the highest price target set, predicting MX will reach $10.00 in the next twelve months. Needham & Company LLC has the lowest price target set, forecasting a price of $10.00 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 2 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?

Other companies that are similar to Magnachip Semiconductor include QuickLogic, Kopin, Atomera, AXT and Valens Semiconductor. Learn More about companies similar to 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 (243) 717-7500 and its investor relations email address is [email protected]. The official website for Magnachip Semiconductor is www.magnachip.com. Learn More about contacing Magnachip Semiconductor investor relations.