$3.140
-0.097 (-3.09%)At close
Price Predictions
Open in app to unlock longer-horizon forecasts.
MX Prediction & Forecast by Similar Chart Analysis
Alphio's MX stock price prediction model matches the current Magnachip Semiconductor Corp tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $3.14 (-0.11%). The 1-week path is $3.11 (-0.96%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Magnachip Semiconductor Corp Stock?
Currently, MagnaChip Semiconductor Corp is not a strong buy. The stock price is at 3.14, and the RSI is at 27.35, indicating it is oversold. However, the forward P/E ratio of 30.40 suggests that the stock might be overvalued relative to its earnings potential. The company has a gross margin of 19.35%, which is an improvement, but it still faces significant challenges, including a recent 5-day change of -5.14% and a negative net income trend. The main risk is the declining customer demand, which is projected to impact Q3 revenue, expected to be between $41.5 million and $45.5 million. Therefore, while there are potential growth catalysts, the current indicators suggest a cautious approach rather than a buy.
MX stock price ended at $3.14 on Friday, after losing -3.09%
Magnachip Semiconductor Corp (MX) last closed at $3.14, losing -3.09%. These facts feed the 1-day and 1-week MX price prediction above.
Analyst Consensus
Magnachip Semiconductor Corp (MX): 2 buy, 1 hold, 0 sell. Outlook: Buy.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
Magnachip Semiconductor Corp (MX) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bearish
SMA 20
Bearish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches MX, ranked by similarity.
Seasonality analysis for MX
Historically the probability of a positive August return for MX is 31.75%. July offers the highest probability of a positive month at 60.61%, while September is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for MX
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Aug 2026 | $3.27 | $3.72 | $4.47 | +18.57% |
| Sep 2026 | $3.84 | $4.08 | $4.27 | +29.87% |
| Oct 2026 | $3.12 | $3.28 | $3.75 | +4.32% |
| Nov 2026 | $3.23 | $3.97 | $3.99 | +26.45% |
| Dec 2026 | $3.93 | $4.16 | $4.54 | +32.56% |
In 2026, Magnachip Semiconductor Corp (MX) is projected to range from $3.12 to $4.54.
Magnachip Semiconductor Corp 2026 monthly forecast
In Aug 2026, Magnachip Semiconductor Corp is projected to average $3.72, with a low of $3.27 and high of $4.47.
In Sep 2026, Magnachip Semiconductor Corp is projected to average $4.08, with a low of $3.84 and high of $4.27.
In Oct 2026, Magnachip Semiconductor Corp is projected to average $3.28, with a low of $3.12 and high of $3.75.
In Nov 2026, Magnachip Semiconductor Corp is projected to average $3.97, with a low of $3.23 and high of $3.99.
In Dec 2026, Magnachip Semiconductor Corp is projected to average $4.16, with a low of $3.93 and high of $4.54.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.