
MagnaChip Semiconductor (MX) Stock Forecast & Price Target
MagnaChip Semiconductor (MX) Analyst Ratings
Bulls say
MagnaChip Semiconductor Corp is poised for growth, particularly in the Consumer and Automotive markets, bolstered by the strategic hiring of a key Chief Technology Officer, Hyuk Woo. The company has experienced better-than-expected revenue performance, indicating strong demand for its products across various segments. Additionally, robust growth is anticipated in the Industrial segment by CY26, supported by advancements in e-Motors, 5G battery management systems, and a projected rebound in the solar sector.
Bears say
MagnaChip Semiconductor's outlook is negatively impacted by the company's decision to exit the Display market, which is likely to affect future revenue streams. The firm has also experienced a sequential decline in gross margin, largely attributed to deteriorating pricing on mature products sold into China, indicating challenges in maintaining profitability. Furthermore, the combination of weaker-than-expected revenue and gross margin performance raises concerns about the company’s ability to achieve its profitability targets amidst these market pressures.
This aggregate rating is based on analysts' research of MagnaChip Semiconductor and is not a guaranteed prediction by Public.com or investment advice.
MagnaChip Semiconductor (MX) Analyst Forecast & Price Prediction
Start investing in MagnaChip Semiconductor (MX)
Order type
Buy in
Order amount
Est. shares
0 shares