Magnachip Semiconductor Corporation (MX)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Magnachip Semiconductor Corporation (MX) trades at $4.12 with AI Score 33/100 (Grade D). Magnachip Semiconductor Corporation designs and manufactures analog and mixed-signal semiconductor solutions. Market cap: $150.38M, Sector: Technology.
Price live · AI analysis from May 10, 2026Analyst Coverage for MX: MX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MX against Technology peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
MX: 1/1 perspectives are bearish.
How is this calculated? →Magnachip Semiconductor Corporation (MX) Technology Profile & Competitive Position
Magnachip Semiconductor Corporation specializes in analog and mixed-signal semiconductor solutions, catering to diverse sectors like communications, IoT, and automotive. With a focus on display and power solutions, the company serves a global clientele, navigating a competitive landscape with its specialized product offerings and direct sales approach.
What Is the Investment Thesis for MX?
Magnachip Semiconductor Corporation operates in the competitive semiconductor industry, with a focus on analog and mixed-signal solutions. The company's gross margin stands at 15.6%, while its profit margin is -14.2%. Key value drivers include expansion in the automotive and IoT sectors, where demand for specialized semiconductor solutions is growing. Upcoming catalysts include potential partnerships with major electronics manufacturers and the introduction of new OLED display driver ICs. Potential risks include the cyclical nature of the semiconductor industry and intense competition from larger players. The company's beta of 0.88 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
MX Key Highlights
- Market capitalization of $150.38M reflects the company's current valuation in the semiconductor market.
- Gross margin of 15.6% indicates the profitability of Magnachip's core operations after accounting for the cost of goods sold.
- Negative profit margin of -14.2% highlights challenges in achieving overall profitability, potentially due to operating expenses or market conditions.
- Beta of 0.88 suggests that Magnachip's stock price is less volatile than the overall market.
- The company serves a diverse range of sectors including communications, IoT, consumer, industrial, and automotive.
Who Are MX's Competitors?
MX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ARM Arm Holdings plc American Depositary Shares | $315.28 | -6.58% | $335.46B | 72 |
| SLAB Silicon Laboratories Inc. | $218.22 | -0.07% | $7.20B | 69 |
| MRVL Marvell Technology, Inc. | $245.29 | -9.84% | 215B | 69 |
| KLAC KLA Corporation | $235.55 | -11.51% | $307.69B | 68 |
| KLIC Kulicke and Soffa Industries, Inc. | $121.33 | -9.33% | $6.35B | 55 |
| FUJXF Fujimi Incorporated | $11.61 | +0.00% | $1.04B | 55 |
| CREE Wolfspeed, Inc. | $79.12 | +0.00% | $9.84B | 56 |
| UTEK Ultratech Inc. | $30.23 | +0.33% | 56 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MX's Key Strengths?
- Diverse product portfolio in display and power solutions.
- Global presence with sales and distribution network in key markets.
- Expertise in analog and mixed-signal semiconductor design.
- Relationships with OEMs and ODMs in various sectors.
What Are MX's Weaknesses?
- Negative profit margin indicates financial challenges.
- Relatively small market capitalization compared to larger competitors.
- Dependence on cyclical semiconductor industry trends.
- Limited brand recognition compared to industry leaders.
What Could Drive MX Stock Higher?
- Potential partnerships with major electronics manufacturers to integrate Magnachip's solutions into new devices.
- Introduction of new OLED display driver ICs for OLED TVs, targeting improved picture quality and energy efficiency.
- Expansion in the automotive sector, driven by increasing demand for semiconductors in ADAS and electric vehicles.
- Growth in the IoT market, fueled by the proliferation of connected devices requiring low-power, high-performance semiconductors.
What Are the Key Risks for MX?
- Negative return on equity (-10.1%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Cyclical nature of the semiconductor industry, leading to fluctuations in demand and revenue.
- Intense competition from larger semiconductor manufacturers with greater resources.
- Global supply chain disruptions and geopolitical risks affecting manufacturing and distribution.
- Negative profit margin indicates financial challenges and potential need for cost-cutting measures.
- Technological obsolescence and rapid innovation requiring continuous investment in R&D.
What Are the Growth Opportunities for MX?
- Growth opportunity 1: Expansion in the automotive sector represents a significant growth opportunity for Magnachip. The increasing integration of electronics in vehicles, including advanced driver-assistance systems (ADAS) and electric vehicles (EVs), drives demand for specialized semiconductor solutions. Magnachip's power solutions and display drivers are well-suited for automotive applications, offering potential for increased revenue and market share. The automotive semiconductor market is projected to reach $66 billion by 2026, providing a substantial addressable market for Magnachip.
- Growth opportunity 2: The Internet of Things (IoT) market presents another key growth area for Magnachip. As the number of connected devices continues to grow, so does the demand for low-power, high-performance semiconductors. Magnachip's analog and mixed-signal solutions are ideal for IoT devices, enabling efficient power management and reliable communication. The global IoT market is expected to reach $1.6 trillion by 2025, offering a vast opportunity for Magnachip to expand its presence and revenue streams.
- Growth opportunity 3: Development and sales of OLED display driver ICs for OLED TVs is a growth opportunity. The OLED TV market is expanding as consumers demand better picture quality. Magnachip's OLED display driver ICs can capitalize on this trend. The OLED TV market is projected to grow to $48 billion by 2027, providing a significant opportunity for Magnachip to increase its market share and revenue.
- Growth opportunity 4: Strategic partnerships with consumer electronics manufacturers can drive growth for Magnachip. By collaborating with leading OEMs, Magnachip can secure design wins and increase its product adoption in smartphones, wearables, and other consumer devices. These partnerships can provide access to new markets and customers, accelerating revenue growth and enhancing Magnachip's brand recognition. Securing a major partnership could increase revenue by 15% within two years.
- Growth opportunity 5: Expanding its presence in the Asia Pacific region, particularly in countries like China and India, offers substantial growth potential. These markets are experiencing rapid economic growth and increasing demand for consumer electronics and automotive products. By strengthening its sales and distribution network in these regions, Magnachip can tap into new customer segments and increase its market share. The Asia Pacific semiconductor market is projected to be the largest globally, accounting for over 60% of total revenue by 2028.
What Opportunities Does MX Have?
- Expansion in the automotive and IoT sectors.
- Development of new OLED display driver ICs for OLED TVs.
- Strategic partnerships with consumer electronics manufacturers.
- Growth in the Asia Pacific region, particularly in China and India.
What Threats Does MX Face?
- Intense competition from larger semiconductor manufacturers.
- Technological obsolescence and rapid innovation in the industry.
- Global supply chain disruptions and geopolitical risks.
- Economic downturns and fluctuations in demand for consumer electronics.
What Are MX's Competitive Advantages?
- Specialized expertise in analog and mixed-signal semiconductor design.
- Proprietary technology in display and power solutions.
- Established relationships with OEMs and ODMs.
- Global sales and distribution network.
What Does MX Do?
Magnachip Semiconductor Corporation, established in 2004 and headquartered in Luxembourg, is a designer, manufacturer, and supplier of analog and mixed-signal semiconductor platform solutions. The company's products cater to a broad spectrum of applications, including communications, the Internet of Things (IoT), consumer electronics, industrial equipment, and automotive systems. Magnachip's portfolio includes display solutions such as source and gate drivers, timing controllers for flat panel displays used in mobile devices, automotive displays, entertainment systems, notebook PCs, monitors, LCDs, and micro-LED televisions. In addition to display solutions, Magnachip offers a range of power solutions, including metal oxide semiconductor field-effect transistors (MOSFETs), insulated-gate bipolar transistors (IGBTs), AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits (PMICs). These power solutions are used in various devices, including televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, and other consumer electronics, as well as in power suppliers, e-bikes, photovoltaic inverters, LED lighting, motor drives, and home appliances. The company also produces organic light-emitting diode (OLED) display driver integrated circuits for OLED TVs. Magnachip serves original equipment manufacturers (OEMs), original design manufacturers (ODMs), and electronics manufacturing services (EMS) companies, as well as subsystem designers across Korea, the Asia Pacific region, the United States, and Europe. The company utilizes a direct sales force and a network of agents and distributors to reach its global customer base.
What Products and Services Does MX Offer?
- Designs analog and mixed-signal semiconductor platform solutions.
- Manufactures semiconductor products for various applications.
- Supplies solutions for communications, IoT, consumer, industrial, and automotive sectors.
- Offers display solutions, including source and gate drivers and timing controllers.
- Provides power solutions like MOSFETs, IGBTs, and power management ICs.
- Develops OLED display driver integrated circuits for OLED TVs.
- Serves OEMs, ODMs, and EMS companies globally.
How Does MX Make Money?
- Designs and manufactures analog and mixed-signal semiconductor products.
- Sells products through a direct sales force and a network of agents and distributors.
- Generates revenue from sales of display solutions, power solutions, and OLED display driver ICs.
- Targets diverse markets including communications, IoT, consumer electronics, automotive, and industrial applications.
What Industry Does MX Operate In?
Magnachip Semiconductor Corporation operates within the semiconductor industry, which is characterized by rapid technological advancements and intense competition. The industry is experiencing growth driven by increasing demand for semiconductors in various applications, including consumer electronics, automotive, industrial automation, and IoT devices. Magnachip focuses on analog and mixed-signal solutions, differentiating itself through specialized products for display and power management. The company competes with larger semiconductor manufacturers and specialized players, navigating a landscape influenced by global supply chain dynamics and technological innovation.
Who Are MX's Key Customers?
- Consumer electronics original equipment manufacturers (OEMs).
- Original design manufacturers (ODMs).
- Electronics manufacturing services (EMS) companies.
- Subsystem designers in Korea, Asia Pacific, the United States, and Europe.
How Magnachip Semiconductor Corporation Is Valued
Magnachip Semiconductor Corporation carries a market capitalization of $150.38M, placing it in the micro-cap category. Relative to its peer group, MX's quantitative score of 33/100 is below the peer average of 67/100.
Company Profile
Magnachip Semiconductor Corporation operates in the Semiconductors industry within the Technology sector. It is headquartered in Luxembourg City, US. The company is led by CEO Camillo Martino. MX has traded publicly since 2011.
ROE -10%Key Financial Metrics
Return on equity for Magnachip Semiconductor Corporation stands at -10.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -7.6%, showing how much profit it generates from its asset base. Its free cash flow yield is -22.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.37 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -11.1%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 3/9Financial Health
Magnachip Semiconductor Corporation's Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 2.31 places it in the grey zone, a middle ground that warrants monitoring.
FY2026 estForward Outlook
Wall Street analysts project Magnachip Semiconductor Corporation revenue of about $188.5M for fiscal 2026, with EPS near $-0.83.
MX Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- MX has been showing signs of potential turnaround, insiders might know something we don't. Recent insider buying activity suggests confidence in the company's future prospects.
- The community sentiment around MX is cautiously optimistic, with many believing it's undervalued. There's a growing narrative that the market is overlooking its potential.
- Magnachip seems to be making strategic moves to capitalize on emerging market trends. The company's positioning in key growth areas is being viewed positively.
- Despite recent challenges, there's a strong belief that Magnachip's core business remains solid. The underlying fundamentals are seen as a foundation for future growth.
Bear Case
- MX faces significant headwinds due to broader economic uncertainty. The macro environment is raising concerns about demand and profitability.
- Community sentiment reveals worries about MX's ability to compete effectively. There's a perception that it's losing ground to rivals.
- Recent market developments have cast doubt on Magnachip's long-term strategy. The company's direction is being questioned by some investors.
- Despite its efforts, MX is struggling to shake off negative market perception. The overall sentiment remains skeptical about its ability to deliver.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · February 2026
MX Latest News
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Magnachip Semiconductor Launches Next-Generation Power Chips
MT Newswires · Jun 22, 2026
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Magnachip Launches New 6th-Generation 600V SJ MOSFETs for AI Servers and EV Charging Applications
Business Wire · Jun 22, 2026
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Shares of semiconductor companies are trading lower amid overall market weakness as investors rotate out of growth stocks.
Benzinga · Jun 9, 2026
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Shares of semiconductor and chip stocks are trading lower as robust U.S. payroll additions dampen the outlook for Fed rate cuts. Also, the conclusion of a strong financial reporting season for AI and hardware names may be weighing on the sector following its April-May rally.
Benzinga · Jun 5, 2026
MX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MX.
Price Targets
Wall Street price target analysis for MX.
MX MoonshotScore
What does this score mean?
The MoonshotScore rates MX's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Magnachip Semiconductor Launches Next-Generation Power Chips
Magnachip Launches New 6th-Generation 600V SJ MOSFETs for AI Servers and EV Charging Applications
Shares of semiconductor companies are trading lower amid overall market weakness as investors rotate out of growth stocks.
Shares of semiconductor and chip stocks are trading lower as robust U.S. payroll additions dampen the outlook for Fed rate cuts. Also, the conclusion of a strong financial reporting season for AI and hardware names may be weighing on the sector following its April-May rally.
Latest Magnachip Semiconductor Corporation Analysis
Leadership: Camillo Martino
CEO
Camillo Martino serves as the Chief Executive Officer of Magnachip Semiconductor Corporation. His career spans several decades in the semiconductor industry, with extensive experience in leadership roles. Before joining Magnachip, Martino held key positions at companies such as Silicon Image and Zoran Corporation. He brings a wealth of knowledge in strategic planning, operational execution, and market development. Martino's expertise is focused on driving growth and innovation within technology-driven organizations. He has a strong background in engineering and business management.
Track Record: Under Camillo Martino's leadership, Magnachip has focused on expanding its presence in key markets such as automotive and IoT. He has overseen the development and introduction of new products, including OLED display driver ICs, aimed at capturing growth opportunities. Martino has also emphasized strategic partnerships and operational efficiency to improve the company's financial performance. His tenure has been marked by efforts to navigate the cyclical nature of the semiconductor industry and enhance Magnachip's competitive position.
Magnachip Semiconductor Corporation Technology Stock: Key Questions Answered
What does Magnachip Semiconductor Corporation do?
Magnachip Semiconductor Corporation designs, manufactures, and supplies analog and mixed-signal semiconductor solutions. The company's products cater to a broad spectrum of applications, including communications, the Internet of Things (IoT), consumer electronics, industrial equipment, and automotive systems. Magnachip's portfolio includes display solutions such as source and gate drivers, timing controllers, and power solutions like MOSFETs and IGBTs. The company serves original equipment manufacturers (OEMs), original design manufacturers (ODMs), and electronics manufacturing services (EMS) companies globally.
What do analysts say about MX stock?
Analyst coverage of Magnachip Semiconductor Corporation (MX) is limited, reflecting its smaller market capitalization within the semiconductor sector. Key valuation metrics include its market cap of $150.38M and a negative profit margin of -14.2%. Growth considerations center on its expansion in automotive and IoT sectors. Analyst consensus is mixed, with some highlighting the potential for growth in specialized markets, while others express concerns about profitability and competition. Investors should conduct their own due diligence and consider their risk tolerance before making any investment decisions.
What are the main risks for MX?
Magnachip Semiconductor Corporation faces several key risks. The cyclical nature of the semiconductor industry can lead to fluctuations in demand and revenue. Intense competition from larger semiconductor manufacturers with greater resources poses a threat to market share. Global supply chain disruptions and geopolitical risks can affect manufacturing and distribution. The company's negative profit margin indicates financial challenges and the potential need for cost-cutting measures. Technological obsolescence and rapid innovation require continuous investment in R&D to maintain competitiveness.
What are the key factors to evaluate for MX?
Magnachip Semiconductor Corporation (MX) holds an AI score of 33/100 (low). Not financial advice.
How frequently does MX data refresh on this page?
MX prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven MX's recent stock price performance?
Magnachip Semiconductor Corporation (MX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diverse product portfolio in display and power solutions. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MX overvalued or undervalued right now?
Valuing Magnachip Semiconductor Corporation (MX) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying MX?
Before investing in Magnachip Semiconductor Corporation (MX), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available company data and market analysis as of 2026-05-10.
- Financial metrics are based on the most recent available data.
- Market projections are based on industry reports and analyst estimates.