On May 13, 2025, analyst Quinn Bolton from Needham reaffirmed their confidence in MagnaChip Semiconductor (MX, Financial) by reiterating a "Buy" rating for the stock. This decision underscores the analyst's positive outlook on the company's prospects.
The price target for MagnaChip Semiconductor (MX, Financial) remains unchanged at $6.00 USD, consistent with the previous assessment. The stable price target reflects the analyst's ongoing expectations for the stock's performance in the market.
Needham's latest assessment comes as part of their continued coverage of MagnaChip Semiconductor (MX, Financial), providing investors with crucial insights into the company's market position and potential growth trajectory.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for MagnaChip Semiconductor Corp (MX, Financial) is $6.00 with a high estimate of $6.00 and a low estimate of $6.00. The average target implies an upside of 79.64% from the current price of $3.34. More detailed estimate data can be found on the MagnaChip Semiconductor Corp (MX) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, MagnaChip Semiconductor Corp's (MX, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MagnaChip Semiconductor Corp (MX, Financial) in one year is $6.62, suggesting a upside of 98.2% from the current price of $3.34. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MagnaChip Semiconductor Corp (MX) Summary page.
