Bull
$4.54
Scenario price
$2.048
-0.308 (-15.02%)At close
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.
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.
Scotiabank
$60
2026-01-21
Scotiabank
2026-01-21
Price Target
$60
Roth Capital
$4
2025-11-03
Roth Capital
2025-11-03
Price Target
$4
Needham
$6
2025-03-13
Needham
2025-03-13
Price Target
$6
Needham
$7
2024-08-01
Needham
2024-08-01
Price Target
$7
Roth MKM
$8
2024-05-03
Roth MKM
2024-05-03
Price Target
$8
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Magnachip Launches New E6 MOSFETs for Power Applications

Magnachip Deepens Strategic Investment with Navitas

Magnachip Semiconductor Q2 Earnings: Strategic Transition and Partnership Insights

Navitas Partners with Magnachip to Boost SiC Technology Adoption

Magnachip Partners with Navitas to Accelerate SiC Technology Adoption
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.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.