Semikr

Daishin Securities maintains a Buy rating and a target price of 3,200,000 KRW (~$2,367 USD) for SK Hynix, citing strong memory cycle expansion. The analyst views HBM4 quality concerns and overseas investment costs as short-term noise that does not undermine long-term fundamentals.

Shinhan Securities maintains a Buy rating and a Target Price of 2,700,000 KRW (~$1,997 USD) for SK Hynix, citing robust AI demand and HBM4 catalysts. Despite minor estimate adjustments due to FX volatility, the analyst expects long-term high profitability driven by DRAM ASP acceleration.

Daishin Securities maintains a Buy rating and a Target Price of 560,000 KRW (~$414.20 USD) for Samsung Electronics, citing an expanding semiconductor upcycle. The firm expects Samsung to achieve #1 HBM market share by 2027, supported by improved 1c DRAM yields and strong long-term contract visibility.

Kiwoom Securities maintains a Buy rating with a Target Price of 350,000 KRW, shifting the investment focus from general memory prices to HBM and Foundry market share. Despite a projected 3Q26 earnings miss due to FX and DRAM pricing, long-term growth is supported by HBM4 and Exynos 2800 mass production.

Yuanta Securities has upgraded Samsung Electronics’ target price to 630,000 KRW, citing a prolonged memory upcycle driven by HBM4 and AI inference demand. The firm expects 3Q26 consolidated operating profit to reach approximately 99.86 trillion KRW, led by a dominant performance in the DS division.

Eugene Investment & Securities maintains a Strong Buy rating and a target price of 560,000 KRW (~$414.20 USD), emphasizing Samsung’s long-term competitiveness through its Memory-Foundry turnkey synergy. While 3Q26 estimates were slightly lowered due to FX and DX division losses, strong HBM4 ramp-up and server DRAM ASP momentum remain primary growth drivers.

Shinhan Securities maintains a Buy rating with a Target Price of 450,000 KRW (~$332.84 USD), citing a strong recovery and market share expansion in HBM4. 3Q26 operating profit is expected to exceed 100 trillion KRW, driven by robust memory performance.