MagnaChip Semiconductor Stock Target Price and Analyst Consensus

MX Stock  USD 4.93  0.06  1.20%   
The current analyst and expert consensus on MagnaChip Semiconductor is Buy, with no strong buy opinions. The current projected MagnaChip Semiconductor target price consensus is 14.00 with 3 analyst opinions. The most common way MagnaChip Semiconductor analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview MagnaChip Semiconductor executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on MagnaChip Semiconductor. We encourage you to use your own analysis of MagnaChip Semiconductor to validate this buy or sell advice. MagnaChip Semiconductor buy-or-sell recommendation module provides average expert sentiment on the projected MagnaChip Semiconductor target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on MagnaChip Semiconductor to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.
Lowest Forecast
12.74
Highest Forecast
15.54
Target Price
14
Gross Profit is likely to drop to about 45.8 M in 2024. Pretax Profit Margin is likely to rise to -0.2 in 2024. At this time, MagnaChip Semiconductor's Total Current Assets are fairly stable compared to the past year. Property Plant Equipment is likely to rise to about 156.6 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 5.1 M in 2024.
  
It's important to approach MagnaChip Semiconductor's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

MagnaChip Semiconductor Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MagnaChip target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. MagnaChip Semiconductor's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   3  Buy
Most MagnaChip analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand MagnaChip stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of MagnaChip Semiconductor, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

MagnaChip Semiconductor Target Price Projection

MagnaChip Semiconductor's current and average target prices are 4.93 and 14.00, respectively. The current price of MagnaChip Semiconductor is the price at which MagnaChip Semiconductor is currently trading. On the other hand, MagnaChip Semiconductor's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

MagnaChip Semiconductor Market Quote on 18th of April 2024

Low Price4.92Odds
High Price5.02Odds

4.93

Target Price

Analyst Consensus On MagnaChip Semiconductor Target Price

Low Estimate12.74Odds
High Estimate15.54Odds

14.0

Historical Lowest Forecast  12.74 Target Price  14.0 Highest Forecast  15.54
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on MagnaChip Semiconductor and the information provided on this page.

MagnaChip Semiconductor Analyst Ratings

MagnaChip Semiconductor's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about MagnaChip Semiconductor stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of MagnaChip Semiconductor's financials, market performance, and future outlook by experienced professionals. MagnaChip Semiconductor's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize MagnaChip Semiconductor price targets

MagnaChip Semiconductor's stock target price is an estimate of its future price, usually made by analysts. Using MagnaChip Semiconductor's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at MagnaChip Semiconductor's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if MagnaChip Semiconductor's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional MagnaChip Semiconductor Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of MagnaChip Semiconductor is a key component of MagnaChip Semiconductor valuation and have some predictive power on the future returns of a MagnaChip Semiconductor.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MagnaChip Semiconductor's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
2.254.927.59
Details
Intrinsic
Valuation
LowRealHigh
4.657.329.99
Details
Naive
Forecast
LowNextHigh
1.794.457.12
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.35-0.33-0.3
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MagnaChip Semiconductor. Your research has to be compared to or analyzed against MagnaChip Semiconductor's peers to derive any actionable benefits. When done correctly, MagnaChip Semiconductor's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MagnaChip Semiconductor.

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When determining whether MagnaChip Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MagnaChip Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnachip Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnachip Semiconductor Stock:
Check out Macroaxis Advice on MagnaChip Semiconductor to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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The data published in MagnaChip Semiconductor's official financial statements usually reflect MagnaChip Semiconductor's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of MagnaChip Semiconductor. For example, before you start analyzing numbers published by MagnaChip accountants, it's critical to develop an understanding of what MagnaChip Semiconductor's liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of MagnaChip Semiconductor's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MagnaChip Semiconductor's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in MagnaChip Semiconductor's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MagnaChip Semiconductor. Please utilize our Beneish M Score to check the likelihood of MagnaChip Semiconductor's management manipulating its earnings.