Magnachip Semiconductor Corp

Magnachip Semiconductor Corp (MX) Stock Analysis

$2.048

-0.308 (-15.02%)At close

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High
2.310
Open
2.310
VWAP
2.09
Volume
1.55M
Mkt Cap
186.75M
Low
1.920
Amount
3.24M
EV/EBITDA, TTM
-4.54

Magnachip Semiconductor Corp is a company principally engaged in designing and manufacturing of analog and mixed-signal power semiconductor platform solutions. The Company's solutions are used in different applications, including industrial, automotive, communication, consumer and computing. The Company develops and manufactures power discrete products and develops power integrated circuit (IC) products. The Company's power discrete products include metal oxide semiconductor field effect transistors (MOSFETs) and insulated-gate bipolar transistors (IGBTs). The Company's power IC products include alternating current to direct current (AC-DC) and DC-DC converters, light emitting diode (LED) drivers, regulators, power management integrated circuits (PMICs) as well as level shifters.

AI analysis of Magnachip Semiconductor Corp (MX)

Buy

MagnaChip Semiconductor Corp (MX) appears to be a good buy at the current price of $2.47, especially considering its recent 5-day change of +4.22% and the upcoming earnings report on November 4, 2026. The company has appointed a new CEO with extensive industry experience, which could drive future growth. Additionally, the gross margin is projected to improve to between 17% and 19% for Q2 2026, indicating potential for better profitability. However, the main risk is the forward P/E ratio of 30.40, suggesting that the stock is currently valued high relative to its earnings potential, which could lead to volatility if earnings do not meet expectations.

Analyst Ratings (3)

+95.31% upside
Buy
2 Buy
1 Hold
0 Sell
Current: 2.05
Low
4.00
Average
4.00
High
4.00

Scotiabank

2026-01-21

Price Target

$60

Outperform

Roth Capital

2025-11-03

Price Target

$4

Buy

Needham

2025-03-13

Price Target

$6

Strong Buy

Needham

2024-08-01

Price Target

$7

Strong Buy

Roth MKM

2024-05-03

Price Target

$8

Strong Buy

Valuation Metrics

The current forward P/E ratio for Magnachip Semiconductor Corp (MX) is 30.40, compared to its 5-year average forward P/E of 26.79.

Forward P/E

Fair
5Y Average P/E
26.79
Current P/E
30.40
Overvalued
139.23
Undervalued
-85.65

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
1.65
Current EV/EBITDA
-4.54
Overvalued
13.09
Undervalued
-9.78

Forward P/S

Fair
5Y Average P/S
1.11
Current P/S
0.94
Overvalued
1.67
Undervalued
0.56

Alphio AI Price Scenarios for MX

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%MX

$4.54

Scenario price

B

Base

Base · 50%MX

$4.16

Scenario price

B

Bear

Bear · 25%MX

$3.93

Scenario price

Whales holding MX

M

M&G Investment Management Limited

+ HoldingMX

+14.18%

3M Return

E

Encompass Capital Advisors LLC

+ HoldingMX

+10.38%

3M Return

H

Hamblin Watsa Investment Counsel Ltd.

+ HoldingMX

+9.45%

3M Return

L

Leith Wheeler Investment Counsel Ltd.

+ HoldingMX

+5.38%

3M Return

M

Merewether Investment Management LP

+ HoldingMX

+1.73%

3M Return

D

Dixon Mitchell Investment Counsel, Inc.

+ HoldingMX

+0.43%

3M Return

Events Timeline

2026-10-05 (ET)

17:30:00

Selling Stockholders Plan to Sell 1.46M Shares of Common Stock

07:30:00

Magnachip Semiconductor Launches 15 E6 MOSFETs to Expand Product Line

2026-09-21 (ET)

07:30:00

Magnachip Secures $5M Strategic Investment from Navitas

2026-07-29 (ET)

16:31:00

Magnachip Reports Q2 Revenue of $44.7M

2026-07-13 (ET)

09:00:00

Largest Indicative Borrow Rate Increases in Liquid Options

News

MX FAQ — answered by Alphio AI

Magnachip Semiconductor Corp is a company principally engaged in designing and manufacturing of analog and mixed-signal power semiconductor platform solutions. The Company's solutions are used in different applications, including industrial, automotive, communication, consumer and computing. The Company develops and manufactures power discrete products and develops power integrated circuit (IC) products. The Company's power discrete products include metal oxide semiconductor field effect transistors (MOSFETs) and insulated-gate bipolar transistors (IGBTs). The Company's power IC products include alternating current to direct current (AC-DC) and DC-DC converters, light emitting diode (LED) drivers, regulators, power management integrated circuits (PMICs) as well as level shifters. It operates in the Technology sector (SEMICONDUCTORS & RELATED DEVICES industry).

MagnaChip Semiconductor Corp (MX) appears to be a good buy at the current price of $2.47, especially considering its recent 5-day change of +4.22% and the upcoming earnings report on November 4, 2026. The company has appointed a new CEO with extensive industry experience, which could drive future growth. Additionally, the gross margin is projected to improve to between 17% and 19% for Q2 2026, indicating potential for better profitability. However, the main risk is the forward P/E ratio of 30.40, suggesting that the stock is currently valued high relative to its earnings potential, which could lead to volatility if earnings do not meet expectations.

3 analysts cover MX: 2 rate it Buy, 1 Hold and 0 Sell. The average price target is 4.00.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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