$2.048
-0.308 (-15.02%)At close
Price Predictions
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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 $2.07 (+1.10%). The 1-week path is $2.11 (+3.02%). 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?
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.
MX stock price ended at $2.05 on Thursday, after losing -15.02%
Magnachip Semiconductor Corp (MX) last closed at $2.05, losing -14.94%. 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 November return for MX is 0.00%. July offers the highest probability of a positive month at 60.61%, while November 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 |
|---|---|---|---|---|
| Nov 2026 | $3.23 | $3.97 | $3.99 | +93.69% |
| Dec 2026 | $3.93 | $4.16 | $4.54 | +103.05% |
In 2026, Magnachip Semiconductor Corp (MX) is projected to range from $3.23 to $4.54.
Magnachip Semiconductor Corp 2026 monthly forecast
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.
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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.