Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Magnachip Semiconductor Corporation before investing.

In this article, we go over a few key elements for understanding Magnachip Semiconductor Corporation’s stock price such as:

• Magnachip Semiconductor Corporation’s current stock price and volume
• Why Magnachip Semiconductor Corporation’s stock price changed recently
• Upgrades and downgrades for MX from analysts
• MX’s stock price momentum as measured by its relative strength

About Magnachip Semiconductor Corporation (MX)

Before we jump into Magnachip Semiconductor Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

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, computing, 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, monitors, notebook PCs, tablet PC and TVs, liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel. 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, level shifter, and other consumer electronics, as well as for power suppliers, e-bikes, photovoltaic inverters, LED lighting, and motor drives; and OLED display driver integrated circuit products. It serves consumer, computing, communication, automotive and industrial electronics OEMs, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, and Europe. The company sells its products through a direct sales force and a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2003 and is based in Cheongju-si, South Korea.

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Magnachip Semiconductor Corporation’s Stock Price as of Market Close

As of April 24, 2026, 4:00 PM, CST, Magnachip Semiconductor Corporation’s stock price was $5.250.

Magnachip Semiconductor Corporation is up 22.95% from its previous closing price of $4.270.

During the last market session, Magnachip Semiconductor Corporation’s stock traded between $4.440 and $5.640. Currently, there are approximately 35.98 million shares outstanding for Magnachip Semiconductor Corporation.

Magnachip Semiconductor Corporation’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Magnachip Semiconductor Corporation Stock Price History

Magnachip Semiconductor Corporation’s (MX) price is currently up 87.5% so far this month.

During the month of April, Magnachip Semiconductor Corporation’s stock price has reached a high of $5.640 and a low of $2.730.

Over the last year, Magnachip Semiconductor Corporation has hit prices as high as $5.640 and as low as $2.180. Year to date, Magnachip Semiconductor Corporation’s stock is up 105.88%.

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What Caused Magnachip Semiconductor Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 24, 2026, there were analysts who downgraded Magnachip Semiconductor Corporation’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Magnachip Semiconductor Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Magnachip Semiconductor Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Magnachip Semiconductor Corporation’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Magnachip Semiconductor Corporation (MX) by visiting AAII Stock Evaluator.

Relative Price Strength of Magnachip Semiconductor Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 24, 2026, Magnachip Semiconductor Corporation has a weighted four-quarter relative price strength of 23.60%, which translates to a Momentum Score of 92 and is considered to be Very Strong.

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Magnachip Semiconductor Corporation Stock Price: Bottom Line

As of April 24, 2026, Magnachip Semiconductor Corporation’s stock price is $5.250, which is up 22.95% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Magnachip Semiconductor Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.