Needham reiterated coverage on MagnaChip Semiconductor with a new price target
$MX
Semiconductors
Technology
Needham reiterated coverage of MagnaChip Semiconductor with a rating of Buy and set a new price target of $29.00 from $30.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/14/2021 | Perform | Oppenheimer | |
| 8/23/2021 | $30.00 → $29.00 | Buy | Needham |
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
SC 13G/A - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Subject)
SC 13G - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Subject)
SC 13G/A - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Subject)
Q1 Results Summary Consolidated revenue from continuing operations (which includes Power Analog Solutions ("PAS") and Power IC ("PIC") businesses) of $44.7 million was in line with the mid-point of our guidance range of $42.0 to $47.0 million. Excluding Transitional Foundry Services, revenue from continuing operations increased 12.1% year-over-year. Consolidated gross profit margin from continuing operations of 20.9% was above the high-end of our guidance range of 18.5% to 20.5%. Repurchased approximately 0.3 million shares for an aggregate purchase price of $1.1 million during the quarter and ended Q1 with cash of $132.7 million. Announced the shutdown of Display business, which is
Magnachip Semiconductor Corporation ("Magnachip") (NYSE:MX) announced today that it will report its financial results for the first quarter ended March 31, 2025, on Monday, May 12, 2025, after the market closes. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this event, including the dial-in numbers, a PIN number, and an e-mail with detailed instructions to join the conference call. Online registration: https://register-conf.medi
Company to Become a Pure-Play Power Business To Drive Profitable Growth and Maximize Shareholder Value -Company will continue to evaluate opportunities to monetize Display assets- Magnachip Semiconductor Corporation (NYSE:MX) ("Magnachip" or the "Company") today announced that after a thorough review its Board of Directors unanimously approved a plan to shut down the Company's Display business by the end of the second quarter of 2025. The Company had previously announced its intention to explore all strategic options for the Display business and to classify the Display business as discontinued operations when it reports Q1 results in May in order to focus as a pure-play Power discrete and
SD - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Filer)
8-K - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Filer)
8-K/A - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Filer)
Q1 Results Summary Consolidated revenue from continuing operations (which includes Power Analog Solutions ("PAS") and Power IC ("PIC") businesses) of $44.7 million was in line with the mid-point of our guidance range of $42.0 to $47.0 million. Excluding Transitional Foundry Services, revenue from continuing operations increased 12.1% year-over-year. Consolidated gross profit margin from continuing operations of 20.9% was above the high-end of our guidance range of 18.5% to 20.5%. Repurchased approximately 0.3 million shares for an aggregate purchase price of $1.1 million during the quarter and ended Q1 with cash of $132.7 million. Announced the shutdown of Display business, which is
Magnachip Semiconductor Corporation ("Magnachip") (NYSE:MX) announced today that it will report its financial results for the first quarter ended March 31, 2025, on Monday, May 12, 2025, after the market closes. The Company will host a corresponding conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this event, including the dial-in numbers, a PIN number, and an e-mail with detailed instructions to join the conference call. Online registration: https://register-conf.medi
- Announces Transition to Become Pure-Play Power Company; Explores All Strategic Options for Display Business - Q4 Results Summary Consolidated revenue of $63 million was above the mid-point of our guidance range of $59.0 to $64.0 million. Standard Product business revenue was down 5.1% sequentially due primarily to seasonality. Consolidated gross profit margin of 25.2% was above the high-end our guidance range of 21.5% to 23.5%. Standard Product business gross profit margin was 26.6%, up 2.2 percentage points sequentially. Repurchased approximately 0.7 million shares for aggregate purchase price of $2.9 million during the quarter and ended Q4 with cash of $138.6 million. 2024
SEOUL, South Korea, Sept. 6, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE:MX) ("Magnachip" or the "Company") received a letter of resignation, dated September 5, 2023, from Mr. Mel Keating, a member of the board of directors of the Company (the "Board"), whose resignation was accepted by the Board and effective as of September 5, 2023. Now that the Company has announced its plan to separate its Display and Power operations into two distinct legal entities, Mr. Keating has decided that, after over 7 years of service as a member of the Board, during which time
SEOUL, South Korea, April 13, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE:MX) announced today that shareholder Gilbert Nathan will join its Board of Directors pursuant to the terms of an agreement (the "Agreement") entered into with Mr. Nathan and two of his affiliated entities. Under the terms of the Agreement, Mr. Nathan will immediately join the Company as an observer of the Company's Board of Directors (the "Board") and any ad hoc Strategic Review Committee of the Board (the "Strategic Review Committee"). In addition, reasonably promptly following the Company's 2023 Annual Meeting of Stockholders, the Board will appoint Mr. Nathan as a di
Oppenheimer resumed coverage of MagnaChip Semi with a rating of Perform
Needham reiterated coverage of MagnaChip Semiconductor with a rating of Buy and set a new price target of $29.00 from $30.00 previously
Needham & Company LLC reiterated coverage of MagnaChip Semiconductor with a rating of Buy and set a new price target of $30.00 from $25.00 previously