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An update from MagnaChip ( (MX) ) is now available.
MagnaChip held its 2025 Annual Meeting of Stockholders on June 23, 2025, where 79.21% of the outstanding shares were represented. During the meeting, stockholders elected five directors, approved executive compensation, and ratified the appointment of Ernst & Young Han Young as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
The most recent analyst rating on (MX) stock is a Buy with a $7.00 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 stock score reflects significant financial challenges, including declining revenues and negative profitability, partially offset by strategic initiatives and a stable equity position. Technical analysis shows some potential for price stability, though valuation remains a concern due to negative earnings. The earnings call reveals both growth opportunities and significant operational challenges.
To see Spark’s full report on MX stock, click here.
More about MagnaChip
Average Trading Volume: 273,095
Technical Sentiment Signal: Sell
Current Market Cap: $147.1M
For detailed information about MX stock, go to TipRanks’ Stock Analysis page.