Magnachip Semiconductor (MX)
(Delayed Data from NYSE)
$4.64 USD
-0.01 (-0.22%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $4.64 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
F Value F Growth A Momentum F VGM
Magnachip (MX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$7.50 | $8.00 | $7.00 | 61.29% |
Price Target
Based on short-term price targets offered by two analysts, the average price target for Magnachip comes to $7.50. The forecasts range from a low of $7.00 to a high of $8.00. The average price target represents an increase of 61.29% from the last closing price of $4.65.
Analyst Price Targets (2 )
Broker Rating
Magnachip currently has an average brokerage recommendation (ABR) of 2.25 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by four brokerage firms. The current ABR compares to an ABR of 2.00 a month ago based on three recommendations.
Of the four recommendations deriving the current ABR, one is Strong Buy and one is Buy. Strong Buy and Buy each account for 25% of all recommendations. A month ago, Strong Buy made up 33.33%, while Buy represented 33.33%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 2 | 2 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.25 | 2.25 | 2.00 | 2.00 | 2.00 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/10/2024 | Not Identified | Not Identified | Not Available | Hold |
7/31/2024 | Not Identified | Not Identified | Hold | Hold |
5/3/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
5/3/2024 | Roth Capital Partners | Suji Desilva | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.25 |
ABR (Last week) | 2.25 |
# of Recs in ABR | 4 |
Average Target Price | $7.50 |
LT Growth Rate | NA |
Industry | Semiconductor - Analog and Mixed |
Industry Rank by ABR | 204 of 253 |
Current Quarter EPS Est: | -0.19 |
MX FAQs
Magnachip Semiconductor Corp. (MX) currently has an average brokerage recommendation (ABR) of 2.25 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 4 brokerage firms.
The average price target for Magnachip Semiconductor Corp. (MX) is $7.50. The current on short-term price targets is based on 2 reports.
The forecasts for Magnachip Semiconductor Corp. (MX) range from a low of $7 to a high of $8. The average price target represents a increase of $61.29 from the last closing price of $4.65.
The current UPSIDE for Magnachip Semiconductor Corp. (MX) is 61.29%
Based on short-term price targets offered by two analysts, the average price target for Magnachip comes to $7.50. The forecasts range from a low of $7.00 to a high of $8.00. The average price target represents an increase of 61.29% from the last closing price of $4.65.