Magnachip Reports Results for Fourth Quarter and Year 2020
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Magnachip Semiconductor (MX) PT Raised to $30 at Roth Capital
February 18, 2021 7:13 AM ESTRoth Capital analyst Suji Desilva raised the price target on Magnachip Semiconductor (NYSE: MX) to $30.00 (from $20.00) while maintaining a Buy rating.
The analyst comments "We believe MX represents an investment opportunity as a differentiated display driver and power semiconductor vendor benefitting from... More
Magnachip Semiconductor (MX) PT Raised to $30 at Needham & Company
February 18, 2021 5:57 AM ESTNeedham & Company analyst Rajvindra Gill raised the price target on Magnachip Semiconductor (NYSE: MX) to $30.00 (from $25.00) while maintaining a Buy rating.
The analyst comments "MX closed out CY20 with a strong beat and raise, guiding to $122M Q1-21 sales vs. our... More
MagnaChip (MX) Tops Q4 EPS by 27c
February 17, 2021 4:05 PM ESTMagnaChip (NYSE: MX) reported Q4 EPS of $0.40, $0.27 better than the analyst estimate of $0.13. Revenue for the quarter came in at $142.9 million versus the consensus estimate of $124.4 million.
GUIDANCE:
MagnaChip sees Q1 2021 revenue of $119-124 million, versus the consensus of... More
