Magnachip Semiconductor Corp (MX)

$MX moving up nicely on trend line

$MX 4+ today

$MX YJ KIM as the CEO

$MX Last week was boring. Good move back up this week.

$MX added 5k 3.69. insiders are loading huge

$MX happy music

I found you an Overbought RSI (Relative Strength Index) on the daily chart of MagnaChip Semiconductor. Is that bullish or bearish? $MX #RsiOverbought #NYSE

Needham has adjusted their stance on MagnaChip Semiconductor ( $MX ), setting the rating to Buy with a target price of 6.

$MX MagnaChip reports Q1 adjusted EPS (10c) vs 12c last year Reports Q1 revenue $44.722M vs $48.858M last year. YJ Kim, Magnachip's CEO, said, "We delivered our fourth consecutive quarter of year-over-year growth from continuing operations, fueled by strong design-wins and momentum in Power Analog Solutions (PAS) and Power IC. In Q1 alone, we released 27 new-generation PAS products that are fully qualified and ready for commercial sampling, with design-wins spanning the Industrial, Automotive, Consumer, and Communication markets. We currently plan to launch a total of more than 40 new-generation PAS products in 2025 and approximately 55 more in 2026. These innovations not only open new revenue opportunities but are also expected to drive higher gross margins over time. While we remain mindful of geopolitical and macroeconomic uncertainties, we currently forecast sequential and year-over-year growth in revenue for continuing operations of PAS and PIC businesses in Q2."

$MX "Heads up alert! Upcoming earnings on Monday, 5/12/2025 for $MX Bearish (2.5) In the analysis of Magnachip Semiconductor (NYSE: MX), the current sentiment reflects a bearish outlook, largely influenced by the company's recent performance and strategic decisions. Over the past six months, Magnachip's stock has dropped approximately 33.4%, currently trading at $3.13. This decline has raised concerns among investors, particularly as shareholders who invested three years ago are now facing significant losses. The company's plan to shut down its Display business by the end of Q2 2025 further exacerbates these concerns, as it indicates potential challenges in revenue generation and operational focus. Key financial metrics reveal a concerning trend; while the semiconductor industry is experiencing growth, particularly in AI-related sectors, Magnachip's revenue forecasts may be negatively impacted by its restructuring decisions. The company's P/E ratio is currently unfavorable compared to industry peers, and its EPS growth has not kept pace with competitors, which raises questions about future profitability. Magnachip’s recent earnings estimates have been under pressure, reflecting the challenging environment it faces. Looking ahead to the upcoming earnings report scheduled for May 12, 2025, analysts are cautiously optimistic yet wary. The consensus estimates suggest that, while there may be discussions of revenue stabilization, the company's strategic shift could lead to volatile earnings results. Historical performance indicates that Magnachip has struggled to meet expectations in recent quarters, which could influence investor sentiment post-announcement. Analysts will be keenly assessing the impact of the Display business shutdown on overall financial health and future forecasts. The upcoming call will be critical for management to communicate a clear strategy moving forward, as well as to reassure stakeholders of the company's long-term viability amidst current market challenges. - Funds were net buyers of $MX during the previous reporting quarter. - Top 0 funds with large holdings in $MX: - Last 10 days performance: 0% - Last 30 days performance: 21% - Last 90 days performance: -28% Follow ChessGM on stocktwits.com to get timely earnings alerts. Not a financial advice. Not a trading signal."