Analyst Consensus ?
ConsensusHold13 ratings
Bullish753.8%
Neutral538.5%
Bearish17.7%
1 unmapped firm rating excluded from the percentages.
Amkor Technology, Inc. · AMKR · FY2026 Q3 · Calendar Q4 2026
Amkor Q3: Advanced packaging drives growth as capacity plans expand
Amkor’s Q3 analysis supports a constructive but conditional growth thesis: advanced-packaging demand, customer funding arrangements and capacity expansion strengthen the longer-term opportunity, while communications weakness and rising capital intensity remain material constraints.
Reported After market closeNASDAQTechnology
$10.49B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.76
Consensus $0.78
EPS surprise
-2.9%
Reported versus consensus
Reported revenue
$1.99B
Consensus $2.04B
Revenue surprise
-2.3%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+8.5%
Event window
SPY move
+0.6%
Same window
Abnormal move
+7.9%
Stock minus SPY
Volume
2.7×
Versus trailing sessions
Subsequent drift
+5.7%
Up to 20 sessions
AMKRSPY benchmark
Ask FN2 about AMKR FY2026 Q3
Transcript, numbers and history already loaded
Why did AMKR rise 8.5% after missing EPS estimates in FY2026 Q3?What changed in AMKR's guidance and outlook in FY2026 Q3?Give me the bull and bear case for AMKR after FY2026 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The current quarter added roughly $3 billion of customer advance-payment arrangements, outlined a larger Arizona Phase 2 expansion, and positioned Vietnam as a SiP center of excellence. The growth mix continued shifting toward advanced compute packaging, while communications and consumer conditions weakened.
Guidance delta
Guidance sentiment was maintained; management remains confident in demand for advanced packaging while citing communications and consumer headwinds.
Key takeaways
- Computing and Automotive & Industrial led record revenue and margin expansion.
- AI, data-center and in-car computing packaging remain the main growth drivers.
- Communications and Consumer face component shortages, memory-price pressure and FX headwinds.
Management priorities
- Expand advanced-packaging capacity in Arizona, South Korea and Vietnam.
- Ramp HDFO CPU and 2.5D data-center programs in Q4.
- Use customer advance-payment arrangements to support capacity investment.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$42.21Current
$30Low
$57.31Average
$90High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 29, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Needham | Buy | Buy | Maintain | Oct 27, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Oct 27, 2026 |
| B. Riley Securities | Neutral | Neutral | Maintain | Oct 27, 2026 |
| UBS | Buy | Neutral | Upgrade | Jul 24, 2026 |
| Goldman Sachs | Neutral | Neutral | Maintain | Apr 28, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Feb 10, 2026 |
| DA Davidson | Buy | Buy | Maintain | Oct 28, 2025 |
| Keybanc | Overweight | Downgrade | Apr 17, 2025 | |
| Credit Suisse | Neutral | Outperform | Downgrade | Oct 12, 2021 |
| Citigroup | Sell | Sell | Maintain | Apr 29, 2020 |
| Sidoti & Co. | Buy | Buy | Maintain | Apr 28, 2020 |
| Deutsche Bank | Hold | Hold | Maintain | Apr 28, 2020 |
| Topeka Capital | Buy | Buy | Maintain | Apr 29, 2014 |
| Topeka | Buy | Buy | Maintain | Apr 29, 2014 |
Named analyst price targets
Upside is calculated against the persisted current price $42.21. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Needham | Charles Shi | $55 | $36.81 | +30.3% | Oct 27, 2026 |
| Goldman Sachs | Analyst unavailable | $56 | $36.81 | +32.7% | Oct 27, 2026 |
| Morgan Stanley | Analyst unavailable | $63 | $36.81 | +49.3% | Oct 27, 2026 |
| Morgan Stanley | Analyst unavailable | $70 | $60.71 | +65.8% | Jul 28, 2026 |
| UBS | Analyst unavailable | $90 | $65.69 | +113.2% | Jul 24, 2026 |
| UBS | Randy Abrams | $80 | $73.31 | +89.5% | May 26, 2026 |
| Morgan Stanley | Joseph Moore | $69 | $72.8 | +63.5% | Apr 28, 2026 |
| Needham | Analyst unavailable | $90 | $75.62 | +113.2% | Apr 28, 2026 |
| Goldman Sachs | James Schneider | $65 | $75.62 | +54.0% | Apr 28, 2026 |
| Needham | Charles Shi | $65 | $50.69 | +54.0% | Feb 10, 2026 |
| Morgan Stanley | Analyst unavailable | $45 | $53.14 | +6.6% | Feb 10, 2026 |
| UBS | Analyst unavailable | $43 | $52.52 | +1.9% | Feb 10, 2026 |
| UBS | Analyst unavailable | $55 | $52.29 | +30.3% | Jan 12, 2026 |
| UBS | Analyst unavailable | $38 | $51 | -10.0% | Jan 9, 2026 |
| UBS | Analyst unavailable | $50 | $42.92 | +18.5% | Jan 5, 2026 |
| Needham | Charles Shi | $50 | $42.92 | +18.5% | Jan 5, 2026 |
| Needham | Charles Shi | $37 | $29.98 | -12.3% | Oct 28, 2025 |
| Goldman Sachs | Analyst unavailable | $29 | $31.66 | -31.3% | Oct 28, 2025 |
| Morgan Stanley | Joseph Moore | $20 | $25.08 | -52.6% | Jul 29, 2025 |
| D.A. Davidson | Tom Diffely | $36 | $26.45 | -14.7% | Oct 29, 2024 |
| Needham | Charles Shi | $34 | $29.53 | -19.5% | Oct 29, 2024 |
| KeyBanc | Steve Barger | $34 | $29.53 | -19.5% | Oct 29, 2024 |
| Goldman Sachs | Toshiya Hari | $32 | $29.53 | -24.2% | Oct 29, 2024 |
| KeyBanc | Steve Barger | $38 | $31.65 | -10.0% | Sep 20, 2024 |
| Needham | Charles Shi | $45 | $32.85 | +6.6% | Jul 30, 2024 |
| Morgan Stanley | Joseph Moore | $38 | $40.41 | -10.0% | Jul 2, 2024 |
| B.Riley Financial | Craig Ellis | $45 | $32.35 | +6.6% | Apr 30, 2024 |
| D.A. Davidson | Tom Diffely | $40 | $31.47 | -5.2% | Apr 30, 2024 |
| Needham | Charles Shi | $40 | $31.34 | -5.2% | Apr 9, 2024 |
| D.A. Davidson | Thomas Diffely | $30 | $16.76 | -28.9% | Jun 29, 2022 |
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Start freeCompany context
Snapshot as of publicationAmkor Technology, Inc. operates internationally, delivering external semiconductor packaging and testing solutions across North America, Japan, Europe, the Middle East, Africa, and the broader Asia Pacific region. Their comprehensive, end-to-end offerings encompass a range of processes, including semiconductor wafer bumping, probing, back-grinding, package conceptualization, final packaging, testing, and direct shipment services. The company's product portfolio features flip-chip scale packages, critical for devices like smartphones, tablets, and other portable consumer electronics. They also provide flip-chip stacked chip-scale packages, designed for layering memory atop digital basebands and as application processors in mobile units. Flip-chip ball grid array packages cater to diverse applications in networking, data storage, computing, and general consumer products.…
Technology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| FLEX Flex Ltd. | FY2027 Q2 · Calendar Q4 2026 | — | +11.6% | Flex raises FY2027 outlook as AI infrastructure demand drives growth |
| APH Amphenol Corporation | FY2026 Q3 · Calendar Q4 2026 | — | +3.5% | Amphenol: AI Datacom Demand Drives Record Q3 Growth |
| FTV Fortive Corporation | FY2026 Q3 · Calendar Q4 2026 | — | +4.0% | Fortive raises 2026 EPS outlook as core growth accelerates |
| TER Teradyne, Inc. | FY2026 Q3 · Calendar Q4 2026 | +9.6% | -3.7% | Teradyne: AI demand drives record Q3; Q4 growth outlook maintained |
| GRMN Garmin Ltd. | FY2026 Q3 · Calendar Q4 2026 | — | -4.8% | Garmin raises FY2026 outlook as Q3 demand stays strong |
| TEL TE Connectivity plc | FY2026 Q4 · Calendar Q4 2026 | — | -1.4% | TE Connectivity: AI infrastructure drives FY2027 growth outlook |
Latest beats and misses
Who reports nextBeat on EPS
- EVRFY2026 Q3 · October 28, 2026+69.8% EPS+12.5% move
- EXEFY2026 Q3 · October 27, 2026+13.2% EPS-3.2% move
- CRFY2026 Q3 · October 27, 2026+12.6% EPS+2.9% move
- PPGFY2026 Q3 · October 27, 2026+6.1% EPS+4.4% move
- UMBFFY2026 Q3 · October 27, 2026+10.6% EPS-1.1% move
- UHSFY2026 Q3 · October 27, 2026+0.6% EPS-2.9% move
Get the AMKR recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-10-27T02:03:30.936619+00:00
- FN2 earnings calendar · 2026-10-29T01:23:20.584741+00:00
- Polygon adjusted daily market bars · 2026-10-29T01:50:42.153598+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-29T01:50:42.150928+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-29. For educational purposes only; not investment advice.