Needham reiterated coverage on MagnaChip Semiconductor with a new price target
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Semiconductors
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Needham reiterated coverage of MagnaChip Semiconductor with a rating of Buy and set a new price target of $30.00 from $25.00 previously
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| 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)
SC 13G/A - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Subject)
SC 13G - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Subject)
SC 13G/A - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Subject)
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
8-K/A - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Filer)
10-K - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Filer)
8-K - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Filer)
- 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
- Introducing 25 new Gen6 SJ MOSFETs with improved specific on-resistance (RSP), faster switching speeds and enhanced electrostatic discharge (ESD) protection Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE:MX) announced a significant expansion of its product lineup with the launch of 25 new 6th-generation (Gen6) SJ MOSFETs (Super Junction Metal-Oxide-Semiconductor Field-Effect Transistors). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312234768/en/Magnachip Introduces 25 New Gen6 SJ MOSFETS to Expand Power Product Lineup for AI, Industrial Applications and Smart Home Appliances (Graphic: Business Wire)
New-Generation Products Highlight Company's Increased Focus on Power Optimized conduction and switching losses to enhance system efficiency A diverse range of IGBT products to meet the evolving needs of the solar energy market Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE:MX) announced the launch of two new 6th-generation (Gen6) 650V Insulated Gate Bipolar Transistors (IGBTs), specifically designed for solar inverters. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312985229/en/Magnachip Launches Two New Gen6 650V IGBTs to Expand Its Solar Energy Power Product Lineup (Photo: Business Wire) The new
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
4 - MAGNACHIP SEMICONDUCTOR Corp (0001325702) (Issuer)
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
- 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
-Company exploring all strategic options for Display to focus on higher-profit potential of Power and Power IC products- Magnachip Semiconductor Corporation (NYSE:MX) ("Magnachip" or the "Company") today announced that after a thorough review, its Board of Directors and management team have made the decision to become a pure-play Power company to drive revenue growth, improve profitability, and maximize shareholder value. As a result, the Company is exploring all strategic options for its Display business, which will be classified as discontinued operations when the Company reports Q1 results in May. The Company's strategic options include a sale, merger, joint venture, licensing, and wind
Magnachip Semiconductor Corporation ("Magnachip") (NYSE:MX) announced today that it will report its financial results for the fourth quarter ended December 31, 2024, on Wednesday, March 12, 2025, before the market opens. Conference Call The Company will host a conference call to discuss the financial results at 5:30 a.m. PT / 8:30 a.m. ET on Wednesday, March 12, 2025. To join the conference call, all participants must use the following link to complete the online registration process in advance. Upon registering, each participant will receive access details, including the dial-in numbers, a PIN number, and an email with detailed instructions to join the call. Online registration: ht