MagnaChip (MX) Receives Buy Rating from Roth MKM, Price Target Set at $5.00.

MagnaChip (MX) received a Buy rating from Roth MKM analyst Sujeeva De Silva, with a price target of $5.00. De Silva has a 5-star rating with a 26.4% average return and 50.20% success rate. The analyst consensus on MX is a Moderate Buy with an average price target of $4.50, a 67.91% upside from current levels.

Magnachip Semiconductor Corporation (MX), a designer and manufacturer of analog and mixed-signal power semiconductor platform solutions, has received a Buy rating from Roth MKM analyst Sujeeva De Silva. De Silva has set a price target of $5.00 for the stock, reflecting a 5.24x increase from its current trading price of $0.77 [2].

De Silva, who holds a 5-star rating with a 26.4% average return and a 50.20% success rate, cited Magnachip's strategic transition to a pure-play power semiconductor company as a key factor in his bullish outlook. The analyst consensus on MX is a Moderate Buy, with an average price target of $4.50, indicating a 67.91% upside potential from current levels [1].

Magnachip recently announced that YJ Kim would step down as CEO and board member, effective immediately. Camillo Martino, the current Chairman of the Board, has been appointed as Interim CEO. Martino has outlined plans to cut capital expenditures by over 50% through 2027 and focus on achieving Adjusted EBITDA breakeven as soon as possible. The company is also exploring strategic alternatives, including a potential sale, to optimize capital returns to shareholders [1].

Smith Micro Software Inc. (SMSI), a competitor in the software industry, has seen its stock price target lowered by Roth/MKM to $4.00, despite maintaining a Buy rating. The company reported a 14% year-over-year decline in revenue for the second quarter of 2025, but has shown recent momentum with a 12% gain over the past week. Smith Micro's strategic focus on expanding its SafePath platform has been noted as a positive factor in the company's outlook [2].

Magnachip's transition to a pure-play power semiconductor company, coupled with its cost-cutting measures and strategic alternatives, has garnered positive attention from analysts. Investors should closely monitor the company's progress in achieving its financial and operational goals.

References:
[1] https://www.stocktitan.net/news/MX/magnachip-semiconductor-announces-yj-kim-to-step-down-as-ceo-current-a0hv908an5ux.html
[2] https://za.investing.com/news/analyst-ratings/smith-micro-software-stock-price-target-lowered-to-4-by-rothmkm-93CH-3826452