Amkor Technology Inc (AMKR · NASDAQ)

Amkor Technology (AMKR) has fallen 21.9% over the past three months to $49.12, leaving the stock 47.4% below its 52-week high and 14.5% under its 200-day moving average, even as fundamentals have strengthened. The company beat estimates in all four of its last quarters, including Q2 2026 EPS of $0.70 versus $0.47 expected, and posted 25.6% year-over-year revenue growth with earnings up 218.2% on a TTM revenue base of $7.46B. Leverage remains moderate at 1.9x debt/EBITDA with $1.55B in cash, though free cash flow was thin at $11.9M last quarter as $224.6M of capex nearly matched $236.5M in operating cash flow. The stock trades at a P/E of 22.03 with a PEG of 0.76 and an analyst target of $76.40, ahead of its October 26 earnings release.