Amkor Technology Stock Drops 6.7% as Q1 EPS Forecast Sees 155% Surge
Amkor Technology shares closed at $44.59 on March 3, falling 6.73% while the S&P 500 declined 0.94%. Analysts expect Q1 EPS of $0.23 (+155.6%) on $1.65 billion revenue (+25%) and forecast full-year EPS of $1.62 (+8%), with a Zacks Rank #3 and forward P/E of 29.45.
1. Intraday and Relative Performance
On March 3, Amkor Technology shares closed at $44.59, falling 6.73% from the prior session. This decline outpaced the S&P 500’s 0.94% drop, the Dow’s 0.83% loss and the Nasdaq’s 1.02% slide. Over the past month, shares have dipped 0.81%, outperforming the Computer & Technology sector’s 4.34% drop and the S&P 500’s 1.3% loss.
2. Consensus Earnings and Revenue Projections
Analysts forecast first-quarter earnings of $0.23 per share, representing a 155.6% increase from the year-earlier period, on revenue of $1.65 billion (+25.0%). For the full fiscal year, consensus estimates call for EPS of $1.62 (+8.0%) and revenue of $7.26 billion (+8.2%).
3. Analyst Rankings and Valuation Metrics
Amkor holds a Zacks Rank #3 (Hold) following a 2.1% upward revision in EPS estimates over the past month. The company trades at a forward P/E of 29.45, a discount to the industry average of 38.01, while the Electronics – Semiconductors industry ranks 83rd among more than 250 industries.
4. Industry Conference Presentation
Amkor Technology will present at the Morgan Stanley Technology, Media & Telecom Conference 2026, offering an opportunity to discuss product roadmaps and market demand trends with institutional investors.