$4.875
0.025[0.52%]
At close: Apr 23
$4.78
-0.0950[-1.95%]
After Hours: 9:13AM EDT
MagnaChip Semiconductor
(NYSE:MX)MagnaChip Semiconductor Stock (NYSE:MX), Analyst Ratings, Price Targets, Predictions
MagnaChip Semiconductor Corp has a consensus price target of $20.75, established from looking at the 9 latest analyst ratings. The last 3 analyst ratings were released from Needham, Roth MKM, and Needham on February 29, 2024, November 3, 2023, and August 10, 2023. With an average price target of $11 between Needham, Roth MKM, and Needham, there's an implied 130.13% upside for MagnaChip Semiconductor Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Needham
Roth MKM
Needham
RBC Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for MagnaChip Semiconductor
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/29/2024 | MX | Buy Now | MagnaChip Semiconductor | $4.78 | 109.21% | Needham | Quinn Bolton | $13 → $10 | Maintains | Buy | Get Alert |
| 11/03/2023 | MX | Buy Now | MagnaChip Semiconductor | $4.78 | 109.21% | Roth MKM | Suji Desilva | $15 → $10 | Maintains | Buy | Get Alert |
| 08/10/2023 | MX | Buy Now | MagnaChip Semiconductor | $4.78 | 171.97% | Needham | Rajvindra Gill | → $13 | Reiterates | Buy → Buy | Get Alert |
| 06/23/2023 | MX | Buy Now | MagnaChip Semiconductor | $4.78 | 171.97% | Needham | Rajvindra Gill | → $13 | Reiterates | Buy → Buy | Get Alert |
| 02/17/2023 | MX | Buy Now | MagnaChip Semiconductor | $4.78 | 171.97% | Needham | Rajvindra Gill | → $13 | Reiterates | → Buy | Get Alert |
| 02/06/2023 | MX | Buy Now | MagnaChip Semiconductor | $4.78 | 946.03% | RBC Capital | Nelson Ng | $45 → $50 | Maintains | Sector Perform | Get Alert |
| 11/03/2022 | MX | Buy Now | MagnaChip Semiconductor | $4.78 | 171.97% | Needham | Rajvindra Gill | $22 → $13 | Maintains | Buy | Get Alert |
| 05/04/2022 | MX | Buy Now | MagnaChip Semiconductor | $4.78 | 423.01% | Needham | Rajvindra Gill | $29 → $25 | Maintains | Buy | Get Alert |
| 08/23/2021 | MX | Buy Now | MagnaChip Semiconductor | $4.78 | 506.69% | Needham | Rajvindra Gill | — | Maintains | Buy | Get Alert |
FAQ
What is the target price for MagnaChip Semiconductor (MX)?
The latest price target for MagnaChip Semiconductor (NYSE: MX) was reported by Needham on February 29, 2024. The analyst firm set a price target for $10.00 expecting MX to rise to within 12 months (a possible 105.13% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for MagnaChip Semiconductor (MX)?
The latest analyst rating for MagnaChip Semiconductor (NYSE: MX) was provided by Needham, and MagnaChip Semiconductor maintained their buy rating.
When was the last upgrade for MagnaChip Semiconductor (MX)?
There is no last upgrade for MagnaChip Semiconductor.
When was the last downgrade for MagnaChip Semiconductor (MX)?
There is no last downgrade for MagnaChip Semiconductor.
When is the next analyst rating going to be posted or updated for MagnaChip Semiconductor (MX)?
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 February 29, 2024 so you should expect the next rating to be made available sometime around February 28, 2025.
Is the Analyst Rating MagnaChip Semiconductor (MX) correct?
While ratings are subjective and will change, the latest MagnaChip Semiconductor (MX) rating was a maintained with a price target of $13.00 to $10.00. The current price MagnaChip Semiconductor (MX) is trading at is $4.88, which is out of the analyst’s predicted range.
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