| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 67 | 16.5x | 17.3x | Top tier | |
Growth | 52 | 17.9% | 7.1% | Around median | |
Quality | 39 | 8.6% | 4.5% | Bottom tier | |
Safety | 69 | 0.8x | 2.6x | Top tier | |
Capital Return | 46 | 1.12% | 0.06% | Around median | |
Momentum | 32 | 71.2% | -1.6% | Bottom tier | |
Sentiment | 39 | 5 | 3 | Bottom tier |
The floor: what the company is worth if growth stopped today
10-year US Treasury yield 5.00% as of 2026-10-23. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Amkor Technology specializes in advanced packaging and semiconductor testing services, serving communications, computing, automotive, industrial, and consumer electronics applications through a global manufacturing network. The company benefits from platforms such as 2.5D, HDFO, high-density packaging, and integrated testing solutions, while the increasing complexity of artificial intelligence and high-performance computing chips is expanding the value of packaging within the semiconductor ecosystem. Amkor generates its revenue by providing packaging and testing services to customers including chipmakers, fabless designers, integrated device manufacturers, cloud computing companies, and original equipment manufacturers.
In Q2 FY2026, Amkor reported record second-quarter revenue of $1.9 billion, up 26% year over year and 13% sequentially, with year-over-year growth across all end markets. Gross profit was $319 million at a gross margin of 16.8%, and operating income was $200 million at a margin of 10.5%, while net income reached $174 million and earnings per share were $0.70; EBITDA was also $400 million at a margin of 21%.
Communications remained Amkor's largest market in Q2 FY2026, with revenue rising 6% sequentially due to double-digit growth in the iOS ecosystem, despite a 20% decline in Android. Meanwhile, computing posted record quarterly revenue with growth of 20%, automotive and industrial reached a record level with growth of 17% supported by ADAS, while consumer rose 15% due to demand from Internet of Things applications. This mix illustrates a shift toward higher-value computing and advanced packaging, alongside an improvement in average factory network utilization from the 50s range to the 70s during the first half of FY2026.
The analyst consensus rates AMKR as a "Buy," with an average price target of $78.75 and a wide target range of $65 to $90. The average target is approximately 18.5% below the 52-week high of $96.68, and the highest target is also below that peak, reflecting that analysts' targets do not assume a full return to the highest level recorded during the period. No current price-to-earnings ratio is available in the data, so the stock's valuation rests primarily on Amkor's ability to achieve its Q3 FY2026 guidance and balance computing growth against communications weakness and the costs of the Arizona expansion.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Amkor reported revenue of $1.9 billion, up 26% year over year and 13% sequentially, exceeding the high end of its guidance. Computing and automotive and industrial generated record quarterly revenue, with sequential growth of 20% and 17%, respectively, while consumer rose 15%. Higher factory utilization and an improved product mix helped gross margin reach 16.8% and earnings per share reach $0.70.
Amkor offers advanced packaging and testing platforms including 2.5D and HDFO, as well as emerging technologies such as co-packaged optics. The latest data center processor program began ramping production in Q2 FY2026, and the company expects its expansion to continue during the second half of FY2026. Management also expects computing to grow by approximately 30% sequentially in Q3 FY2026, driven by demand from artificial intelligence data centers and the HDFO processor production ramp.
Automated analysis for informational purposes only — not investment advice.
The company expects communications revenue to decline at a high-single-digit rate sequentially, contrary to the usual seasonal pattern. Management attributes this to the transfer of SiP products to Vietnam, memory supply constraints, and changes in build patterns, following a 20% decline in Android in Q2 FY2026. Management does not consider the issue limited to a single quarter, as the impact in one application area may extend into Q4 FY2026 and the first half of FY2027.
Amkor expects revenue of between $1.95 billion and $2.05 billion and net income of between $180 million and $205 million. Gross margin is expected to range from 18.5% to 19.5%, driven by a richer mix of advanced technologies and operating leverage, with earnings per share of between $0.72 and $0.82. The company also expects operating expenses of approximately $140 million, while the FY2026 capital expenditure estimate remains between $2.5 billion and $3.0 billion.
The largest near-term risk is the decline in communications, Amkor's largest market, alongside memory constraints and the transfer of SiP to Vietnam. The expansion also requires capital expenditures of between $2.5 billion and $3.0 billion in FY2026, and operating the Arizona facility at incomplete capacity could pressure margins. This is compounded by exposure to China, where it was reported on August 11, 2026, that the company is considering selling a stake in its unit there at a potential valuation of $1.5 billion, without confirmation that the transaction will be completed.