Magnachip Semiconductor (MX) Projected to Announce Quarterly Earnings on Wednesday

Magnachip Semiconductor (NYSE:MX) will likely be releasing its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to post earnings of ($0.20) per share and revenue of $47.50 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Magnachip Semiconductor (NYSE:MX) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.09. The company had revenue of $44.70 million for the quarter, compared to analyst estimates of $46.50 million.

Magnachip Semiconductor Trading Up 7.0%

NYSE:MX opened at $2.54 on Wednesday. The company has a market capitalization of $96.43 million, a P/E ratio of -3.02 and a beta of 1.65. Magnachip Semiconductor has a 12 month low of $2.18 and a 12 month high of $9.86. The firm has a fifty day simple moving average of $3.07 and a 200-day simple moving average of $3.66.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Magnachip Semiconductor in a report on Friday, July 31st. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Magnachip Semiconductor presently has a consensus rating of “Reduce”.

Insider Activity

In other Magnachip Semiconductor news, CEO Chae Lee bought 80,000 shares of Magnachip Semiconductor stock in a transaction that occurred on Wednesday, September 23rd. The stock was purchased at an average price of $3.18 per share, with a total value of $254,400.00. Following the completion of the acquisition, the chief executive officer directly owned 368,750 shares in the company, valued at approximately $1,172,625. This trade represents a 27.71% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 10.90% of the stock is currently owned by company insiders.

Magnachip Semiconductor Company Profile

Magnachip Semiconductor Corporation (NYSE: MX) is a semiconductor company that designs and supplies analog and mixed-signal products. Its portfolio is focused primarily on power semiconductors and display solutions used in consumer electronics, communications equipment, automotive applications, industrial systems and other electronic devices.

The company’s power products include metal-oxide-semiconductor field-effect transistors (MOSFETs), insulated-gate bipolar transistors (IGBTs), power integrated circuits and other discrete semiconductor devices designed to manage power conversion, distribution and efficiency.