NYSE:MX - MagnaChip Semiconductor Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $19.92
  • Forecasted Upside: 9.73 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$18.15
▼ -0.03 (-0.17%)
1 month | 3 months | 12 months
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Analyst Price Target for MX

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$19.92
▲ +9.73% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for MagnaChip Semiconductor in the last 3 months. The average price target is $19.92, with a high forecast of $25.00 and a low forecast of $13.75. The average price target represents a 9.73% upside from the last price of $18.15.
Buy
The current consensus among 4 polled investment analysts is to buy stock in MagnaChip Semiconductor. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/29/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/27/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/25/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/24/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/23/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/21/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/20/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/19/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/13/2021Needham & Company LLCBoost Price TargetBuy$18.00 ➝ $25.00Medium
i
1/7/2021OppenheimerInitiated CoverageOutperform$21.00High
i
9/25/2020Vertical ResearchInitiated CoverageBuyLow
i
8/11/2020CitigroupBoost Price TargetNeutral$13.40 ➝ $13.75High
i
7/31/2020Needham & Company LLCReiterated RatingBuy$18.00Low
i
Rating by Rajvindra Gill at Needham & Company LLC
5/5/2020Needham & Company LLCReiterated RatingBuy$18.00High
i
Rating by Rajvindra Gill at Needham & Company LLC
3/10/2020Needham & Company LLCReiterated RatingBuy$18.00High
i
Rating by Rajvindra Gill at Needham & Company LLC
1/15/2020Needham & Company LLCBoost Price TargetBuy$15.00 ➝ $18.00Medium
i
7/31/2019Roth CapitalSet Price TargetBuy$17.00N/A
i
Rating by Sujeeva De Silva at Roth Capital
7/31/2019CitigroupSet Price TargetHold$11.00N/A
i
Rating by Chris Montagu at Citigroup Inc.
5/2/2019CitigroupSet Price TargetHold$9.00Low
i
Rating by Chris Montagu at Citigroup Inc.
1/24/2019Needham & Company LLCReiterated RatingBuy$10.00Low
i
11/1/2018CitigroupLower Price TargetNeutral ➝ Neutral$12.00 ➝ $9.40High
i
10/23/2018Roth CapitalLower Price TargetBuy$18.00 ➝ $13.00Low
i
5/2/2018CitigroupLower Price TargetNeutral ➝ Neutral$11.00 ➝ $10.00Medium
i
1/17/2018Needham & Company LLCReiterated RatingBuy$15.00High
i
11/2/2017Needham & Company LLCReiterated RatingBuy$15.00N/A
i
9/8/2017Needham & Company LLCReiterated RatingBuy$15.00Low
i
8/7/2017CitigroupBoost Price TargetNeutral ➝ Neutral$10.50 ➝ $11.00Low
i
8/4/2017Needham & Company LLCReiterated RatingBuy$13.00 ➝ $15.00High
i
7/13/2017Needham & Company LLCReiterated RatingBuy$10.00 ➝ $13.00Low
i
5/10/2017CitigroupInitiated CoverageNeutral ➝ Neutral$10.50High
i
2/24/2017Needham & Company LLCReiterated RatingBuy$10.00N/A
i
2/16/2017Needham & Company LLCReiterated RatingBuy$10.00N/A
i
2/10/2017Needham & Company LLCReiterated RatingBuy$10.00N/A
i
1/13/2017Needham & Company LLCUpgradeHold ➝ Buy$10.00N/A
i
9/28/2016Roth CapitalInitiated CoverageBuy$10.00N/A
i
Rating by S. Desilva at Roth Capital
5/8/2016Needham & Company LLCReiterated RatingHoldN/A
i
Rating by Rajvindra Gill at Needham & Company LLC
5/6/2016Topeka Capital MarketsBoost Price TargetBuy$5.00 ➝ $6.00N/A
i
2/21/2016Needham & Company LLCReiterated RatingHoldN/A
i
Rating by Rajvindra Gill at Needham & Company LLC
2/18/2016Topeka Capital MarketsLower Price TargetBuy$8.00 ➝ $5.00N/A
i
(Data available from 1/20/2016 forward)
MagnaChip Semiconductor logo
MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications. The company operates through two segments, Foundry Services Group and Standard Products Group. The Foundry Services Group segment provides analog and mixed-signal foundry services for fabless and integrated device manufacturer semiconductor companies to manufacture a range of products, including display drivers, light emitting diode (LED) drivers, audio encoding and decoding devices, microcontrollers, touch screen controllers, RF switches, park distance control sensors for automotive, electronic tag memories, and power management semiconductors. The Standard Products Group segment offers display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in ultra-high definition, high definition, full high definition, LED, 3D and organic light emitting diodes televisions and displays, notebooks, and mobile communications and entertainment devices. This segment also offers power management semiconductor products, such as metal oxide semiconductor field effect transistors, insulated gate bipolar transistors, DC-DC converters, LED drivers, SSD PMIC products, and switching and linear regulators for televisions, smartphones, mobile phones, desktop PCs, notebooks, tablet PCs, other consumer electronics, and consumer appliances, as well as for industrial applications. It serves consumer, computing, and industrial electronics original equipment manufacturers; original design manufacturers; and electronics manufacturing services companies, as well as subsystem designers. The company sells its products through a direct sales force, as well as through a network of agents and distributors worldwide. MagnaChip Semiconductor Corporation is based in Luxembourg City, Luxembourg.
Read More

Today's Range

Now: $18.15
$17.63
$18.37

50 Day Range

MA: $14.52
$12.85
$18.42

52 Week Range

Now: $18.15
$6.30
$19.84

Volume

477,215 shs

Average Volume

817,056 shs

Market Capitalization

$645.01 million

P/E Ratio

2.84

Dividend Yield

N/A

Beta

1.05

Frequently Asked Questions

What sell-side analysts currently cover shares of MagnaChip Semiconductor?

The following equities research analysts have issued research reports on MagnaChip Semiconductor in the last year: Citigroup Inc., Needham & Company LLC, Oppenheimer Holdings Inc., Vertical Research, and Zacks Investment Research.

What is the current price target for MagnaChip Semiconductor?

3 Wall Street analysts have set twelve-month price targets for MagnaChip Semiconductor in the last year. Their average twelve-month price target is $19.92, suggesting a possible upside of 9.7%. Needham & Company LLC has the highest price target set, predicting MX will reach $25.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $13.75 for MagnaChip Semiconductor in the next year.

What is the current consensus analyst rating for MagnaChip Semiconductor?

MagnaChip Semiconductor currently has 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MX will outperform the market and that investors should add to their positions of MagnaChip Semiconductor.

What other companies compete with MagnaChip Semiconductor?

How do I contact MagnaChip Semiconductor's investor relations team?

MagnaChip Semiconductor's physical mailing address is 1 Allee Scheffer, Luxembourg N4, L-2520. The semiconductor company's listed phone number is 352 456 262 and its investor relations email address is investor.relations@magnachip.com. The official website for MagnaChip Semiconductor is www.magnachip.com.