MAGNACHIP SEMICONDUCTOR Corp (MX) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does MAGNACHIP SEMICONDUCTOR Corp Do?
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, notebook PCs, monitors and liquid crystal displays, and micro light-emitting diode (LED) televisions. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, and other consumer electronics, as well as for power suppliers, e-bike, photovoltaic inverter, LED lighting, motor drive, and home appliances; and organic light-emitting diode display driver integrated circuits for OLED TVs. It serves consumer, computing, and industrial electronics original equipment manufacturers, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, Europe, and internationally. The company sells its products through a direct sales force, as well as through a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2004 and is based in Luxembourg, Luxembourg. MAGNACHIP SEMICONDUCTOR Corp (MX) is classified as a micro-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Young-Joon Kim and employs approximately 900 people. With a market capitalization of $103M, MX is one of the notable companies in the Technology sector.
MAGNACHIP SEMICONDUCTOR Corp (MX) Stock Rating — Reduce (April 2026)
As of April 2026, MAGNACHIP SEMICONDUCTOR Corp receives a Reduce rating with a composite score of 32.5/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.MX ranks #3,429 out of 4,446 stocks in our coverage universe. Within the Technology sector, MAGNACHIP SEMICONDUCTOR Corp ranks #401 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
MX Stock Price and 52-Week Range
MAGNACHIP SEMICONDUCTOR Corp (MX) currently trades at $2.99. The stock gained $0.09 (3.1%) in the most recent trading session. The 52-week high for MX is $4.57, which means the stock is currently trading -34.6% from its annual peak. The 52-week low is $2.18, putting the stock 37.2% above its annual trough. Recent trading volume was 248K shares, suggesting relatively thin trading activity.
Is MX Overvalued or Undervalued? — Valuation Analysis
MAGNACHIP SEMICONDUCTOR Corp (MX) carries a value factor score of 16/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.42x, versus the sector average of 3.16x. The price-to-sales ratio is 0.50x, compared to 1.06x for the average Technology stock.
At current multiples, MAGNACHIP SEMICONDUCTOR Corp trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
MAGNACHIP SEMICONDUCTOR Corp Profitability — ROE, Margins, and Quality Score
MAGNACHIP SEMICONDUCTOR Corp (MX) earns a quality factor score of 33/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -12.6%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -8.9% versus the sector average of -1.0%.
On a margin basis, MAGNACHIP SEMICONDUCTOR Corp reports gross margins of 20.8%, compared to 50.9% for the sector. The operating margin is -17.8% (sector: -0.5%). Net profit margin stands at -15.5%, versus -1.5% for the average Technology stock. Revenue growth is running at -13.6% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
MX Debt, Balance Sheet, and Financial Health
MAGNACHIP SEMICONDUCTOR Corp has a debt-to-equity ratio of 42.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 4.07x, indicating strong short-term liquidity. Total debt on the balance sheet is $39M. Cash and equivalents stand at $108M.
MX has a beta of 1.51, meaning it is more volatile than the broader market — a $10,000 investment in MX would be expected to move 51.1% more than the S&P 500 on any given day. The stability factor score for MAGNACHIP SEMICONDUCTOR Corp is 37/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
MAGNACHIP SEMICONDUCTOR Corp Revenue and Earnings History — Quarterly Trend
In TTM 2026, MAGNACHIP SEMICONDUCTOR Corp reported revenue of $205M and earnings per share (EPS) of $-0.82. Net income for the quarter was $-31M. Gross margin was 20.8%. Operating income came in at $-36M.
In FY 2025, MAGNACHIP SEMICONDUCTOR Corp reported revenue of $179M and earnings per share (EPS) of $-0.82. Net income for the quarter was $-30M. Gross margin was 17.5%. Revenue grew -22.8% year-over-year compared to FY 2024. Operating income came in at $-36M.
In Q3 2025, MAGNACHIP SEMICONDUCTOR Corp reported revenue of $46M and earnings per share (EPS) of $-0.36. Net income for the quarter was $-13M. Gross margin was 18.6%. Revenue grew -30.9% year-over-year compared to Q3 2024. Operating income came in at $-12M.
In Q2 2025, MAGNACHIP SEMICONDUCTOR Corp reported revenue of $48M and earnings per share (EPS) of $0.01. Net income for the quarter was $323,000. Gross margin was 20.4%. Revenue grew -10.4% year-over-year compared to Q2 2024. Operating income came in at $-7M.
Over the past 8 quarters, MAGNACHIP SEMICONDUCTOR Corp has demonstrated a growth trajectory, with revenue expanding from $53M to $205M. Investors analyzing MX stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
MX Dividend Yield and Income Analysis
MAGNACHIP SEMICONDUCTOR Corp (MX) does not currently pay a dividend. This is common among smaller companies in the Electronic Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
MX Momentum and Technical Analysis Profile
MAGNACHIP SEMICONDUCTOR Corp (MX) has a momentum factor score of 32/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 47/100 reflects moderate short selling activity.
MX vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, MAGNACHIP SEMICONDUCTOR Corp (MX) ranks #401 out of 584 stocks based on the Blank Capital composite score. This places MX in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing MX against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MX vs S&P 500 (SPY) comparison to assess how MAGNACHIP SEMICONDUCTOR Corp stacks up against the broader market across all factor dimensions.
MX Next Earnings Date
No upcoming earnings date has been announced for MAGNACHIP SEMICONDUCTOR Corp (MX) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy MX? — Investment Thesis Summary
The quantitative profile for MAGNACHIP SEMICONDUCTOR Corp suggests caution. The quality score of 33/100 flags below-average profitability. The value score of 16/100 indicates premium valuation. Momentum is weak at 32/100, a headwind for near-term performance. High volatility (stability score 37/100) increases portfolio risk.
In summary, MAGNACHIP SEMICONDUCTOR Corp (MX) earns a Reduce rating with a composite score of 32.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MX stock.
Related Resources for MX Investors
Explore more research and tools: MX vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MX head-to-head with peers: MX vs IHS, MX vs VRSN, MX vs ESE.