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The latest update is out from MagnaChip ( (MX) ).
On January 13, 2026, Magnachip Semiconductor Corporation announced that longtime board member Ilbok Lee would retire and resign from its Board of Directors, effective at the company’s next scheduled board meeting on January 14, 2026, citing personal reasons and no disagreements with the company’s operations, policies or practices. Lee, who joined the board in August 2011 and served in key roles including Chair of the Nominating and Corporate Governance Committee and member of the Audit, Risk and Strategic Review Committees, was praised by Chairman Camillo Martino for his strategic, operational and governance contributions, with the company highlighting his deep technical insight and lasting impact on Magnachip’s oversight and direction.
The most recent analyst rating on (MX) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on MagnaChip stock, see the MX Stock Forecast page.
Spark’s Take on MX Stock
According to Spark, TipRanks’ AI Analyst, MX is a Neutral.
MagnaChip’s overall stock score reflects significant financial and operational challenges, with declining revenues and profitability issues being the most impactful factors. Technical indicators suggest a bearish trend, and valuation metrics are unattractive due to ongoing losses. While there are some positive developments, the immediate outlook remains challenging.
To see Spark’s full report on MX stock, click here.
More about MagnaChip
Magnachip Semiconductor Corporation is a designer and manufacturer of analog and mixed-signal power semiconductor platform solutions used in industrial, automotive, communication, consumer and computing applications. With about 45 years of operating history, the company provides a broad range of standard products to customers worldwide and holds a portfolio of approximately 1,000 registered patents and pending applications, supported by extensive engineering, design and manufacturing process expertise.
Average Trading Volume: 410,169
Technical Sentiment Signal: Sell
Current Market Cap: $101.1M
For a thorough assessment of MX stock, go to TipRanks’ Stock Analysis page.