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NYSE: MX
Magnachip Semiconductor Corp Stock Forecast, Predictions & Price Target

Analyst price target for MX

Based on 2 analysts offering 12 month price targets for Magnachip Semiconductor Corp.
Min Forecast
$8.00+59.36%
Avg Forecast
$8.00+59.36%
Max Forecast
$8.00+59.36%

Should I buy or sell MX stock?

Based on 2 analysts offering ratings for Magnachip Semiconductor Corp.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-03

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Forecast return on equity

Is MX forecast to generate an efficient return?

Forecast return on assets

Is MX forecast to generate an efficient return on assets?

MX revenue forecast

What is MX's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$236.4M+2.74%
Avg 2 year Forecast
$282.9M+22.97%
MX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MX revenue growth forecast

How is MX forecast to perform vs Semiconductors companies and vs the US market?
Company
2.74%
Industry
41.84%
Market
12.9%
MX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MX vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
MX$5.02$8.00+59.36%Strong Buy
QUIK$13.35$14.50+8.61%Buy
MRAM$6.23$9.00+44.46%Buy
VLN$2.45N/AN/A
PXLW$1.92$3.50+82.29%Buy

Magnachip Semiconductor Stock Forecast FAQ

Is Magnachip Semiconductor Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: MX) stock is to Strong Buy MX stock.

Out of 2 analysts, 1 (50%) are recommending MX as a Strong Buy, 1 (50%) are recommending MX as a Buy, 0 (0%) are recommending MX as a Hold, 0 (0%) are recommending MX as a Sell, and 0 (0%) are recommending MX as a Strong Sell.

If you're new to stock investing, here's how to buy Magnachip Semiconductor stock.

What is MX's revenue growth forecast for 2024-2025?

(NYSE: MX) Magnachip Semiconductor's forecast annual revenue growth rate of 2.74% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 41.84%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.9%.

Magnachip Semiconductor's revenue in 2024 is $230,051,000.On average, 2 Wall Street analysts forecast MX's revenue for 2024 to be $9,042,943,389, with the lowest MX revenue forecast at $8,807,639,383, and the highest MX revenue forecast at $9,278,247,395.

In 2025, MX is forecast to generate $10,823,984,281 in revenue, with the lowest revenue forecast at $9,978,420,291 and the highest revenue forecast at $11,669,548,270.

What is MX's forecast return on assets (ROA) for 2024-2025?

(NYSE: MX) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of 10.19%.

What is MX's Price Target?

According to 2 Wall Street analysts that have issued a 1 year MX price target, the average MX price target is $8.00, with the highest MX stock price forecast at $8.00 and the lowest MX stock price forecast at $8.00.

On average, Wall Street analysts predict that Magnachip Semiconductor's share price could reach $8.00 by May 3, 2025. The average Magnachip Semiconductor stock price prediction forecasts a potential upside of 59.36% from the current MX share price of $5.02.

What is MX's forecast return on equity (ROE) for 2024-2025?

(NYSE: MX) forecast ROE is N/A, which is considered weak.
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