--- title: "Weekly Recap | Amkor Tech -4.74%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/297386785.md" description: "Amkor Tech fell 4.74% this week to close at $47.88, while the S&P 500 gained 0.49%, leaving the stock about 5.23 percentage points behind the benchmark. The week’s trading range was wide at 11.97%. Monday opened lower and drifted down to $47.90. Tuesday and Wednesday held near $48 in choppy trade. Thursday spiked to a high of $52.88 before pulling back to close at $51.74. Friday opened higher but faded through the session, closing back at $47.88 and wiping out most of Thursday’s gain." datetime: "2026-08-29T05:13:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297386785.md) - [en](https://longbridge.com/en/news/297386785.md) - [zh-HK](https://longbridge.com/zh-HK/news/297386785.md) generator: "portal-rs" --- # Weekly Recap | Amkor Tech -4.74%, most brokers rate it buy ## The Week Amkor Tech fell 4.74% this week to close at $47.88, while the S&P 500 gained 0.49%, leaving the stock about 5.23 percentage points behind the benchmark. The week’s trading range was wide at 11.97%. Monday opened lower and drifted down to $47.90. Tuesday and Wednesday held near $48 in choppy trade. Thursday spiked to a high of $52.88 before pulling back to close at $51.74. Friday opened higher but faded through the session, closing back at $47.88 and wiping out most of Thursday’s gain. The weekly chart shows a failed rally, and average daily volume of about 5.0 million shares came in slightly below the median level. ## Key Events The news flow around Amkor this week centred on AI-driven earnings and advanced packaging expansion. On Tuesday, three cross-sector pieces placed the company against a backdrop of semiconductor profit-pool shifts, pricing changes from tech infrastructure to commodities, and mid-cap strategic pivots. Thursday’s pre-market session saw Amkor up as much as 12.79%, making it one of the most active US names that day, with attention on AI demand feeding into packaging and test. A piece on Friday looked directly at how investors were reacting to Amkor’s AI-fuelled earnings and packaging capacity build-out. On Saturday, Morgan Stanley was cited as seeing at least 20% upside in five AI sovereignty stocks. Overall, the week’s narrative was one of AI demand transmission and company-specific expansion, with the share price rallying before fading. ## Analyst Ratings Amkor carries coverage from 11 brokers: 2 rate it strong buy, 5 buy, and 4 hold, with no sell or under ratings. The consensus rating is buy. The consensus target price is $76.40, roughly 59.6% above the latest close of $47.88. Individual targets range from a high of $92.00 to a low of $65.00, a spread of about $27, suggesting a fairly wide gap in how much upside analysts expect. Within the semiconductor materials and equipment industry of 31 companies, Amkor ranks 12th by analyst rating, above the industry median of 8 but in line with the industry mean of 12. ## The Week Ahead A busy macro calendar starts on Monday, 31 August, with the Dallas Fed manufacturing business activity index, which previously came in at 1.3. Tuesday, 1 September, brings the S&P Global manufacturing PMI final print, ISM manufacturing PMI, and JOLTS job openings; the ISM figure was 55.6 prior with a 55.2 estimate. Wednesday, 2 September, sees ADP private payrolls, factory orders, and EIA crude oil inventories. Amkor’s sharp reversal into Friday left the AI packaging trade unsettled this week, so the coming manufacturing and labour data may set the tone for how semiconductor sentiment holds into September. ## In Short Amkor’s week was marked by high volatility and underperformance: the stock lost 4.74% while the S&P 500 edged up. On the analyst side, all 11 brokers rate the stock buy or hold, with a consensus target nearly 60% above spot, reflecting a broadly positive medium-term view despite disagreement on the scale of upside. But the price action tells a different near-term story: Thursday’s rally to $52.88 was almost fully reversed by Friday’s close at $47.88, meaning the market’s pricing of the AI packaging theme remains unsettled. The next test is whether manufacturing and employment data steady semiconductor sentiment and whether the stock can hold near $47. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [AMKR.US](https://longbridge.com/en/quote/AMKR.US.md) - [AMKL.US](https://longbridge.com/en/quote/AMKL.US.md) ## Related News & Research - [These Analysts Slash Their Forecasts On Amkor Technology After Q3 Results](https://longbridge.com/en/news/303242587.md) - [Amkor (NASDAQ:AMKR) misses Q3 analysts’ revenue estimates](https://longbridge.com/en/news/303129828.md) - [Amkor (AMKR) reports Q3: everything you need to know ahead of earnings](https://longbridge.com/en/news/302976046.md) - [Amkor Technology scores an earnings beat and the stock plummets 23%](https://longbridge.com/en/news/294091495.md) - [Amkor director Douglas A. Alexander disposes of 5,000 common shares worth $275,000](https://longbridge.com/en/news/301074887.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**