Bernstein keeps KRW 2.70 million target for SK Hynix stock

Published on 10/20/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached KRW 79.32 trillion, up 256.80 percent year over year. SK Hynix stock was EUR 816.00 at Lang & Schwarz on October 20, 2026.

Analyst support meets earnings test

Bernstein maintained a Buy rating and set a KRW 2.70 million target on October 16, 2026.
Second-quarter revenue reached KRW 79.32 trillion, up 256.80 percent year over year.
SK Hynix stock traded at EUR 816.00 at 10:08 a.m. CEST at Lang & Schwarz on October 20, 2026.
Third-quarter results are scheduled for October 28, 2026.

SK Hynix, US78392B1070, Illustration mit AI erstellt.

SK Hynix (ISIN US78392B1070) was trading at EUR 816.00 at Lang & Schwarz on October 20, 2026, at 10:08 a.m. CEST in pre-market trading. On October 16, 2026, Bernstein maintained a Buy rating and set a target of KRW 2,700,000.00, according to Markets Insider.

Quarterly profit expectations stay high

SK Hynix reported second-quarter revenue of KRW 79.32 trillion for the period ended June 30, 2026, up 256.80 percent from KRW 22.23 trillion a year earlier. Net profit reached KRW 93.92 trillion, compared with KRW 6.99 trillion in the prior-year period, according to Markets Insider. The figures give the analyst target a substantial earnings foundation, while the valuation debate remains tied to the durability of artificial-intelligence memory demand.

Three dates frame the target debate

On June 30, 2026, second-quarter revenue reached KRW 79.32 trillion. On October 13, 2026, SK Securities projected third-quarter operating profit of KRW 79.00 trillion, 31.00 percent above the previous quarter and 7.00 percent above consensus, as Asia Business Daily reported. On October 16, 2026, Bernstein set its KRW 2,700,000.00 target, the latest event in the sequence.

What dates matter next?

SK Hynix is scheduled to report third-quarter results on October 28, 2026, followed by fiscal-year 2026 results on January 28, 2027, according to Barrons. Those dates will test whether the projected KRW 79.00 trillion operating profit can translate into reported results.

Seoul valuation adds a second reference

SK Hynix closed on the Korea Exchange at KRW 1,277,000 on October 19, 2026, while its 52-week range was KRW 465,500 to KRW 2,987,000. Its market value stood at KRW 927.12 trillion on that date, according to Barrons. The gap between current expectations and the next earnings print is therefore the central issue for the target.

Trading indication and next test

SK Hynix was trading at EUR 816.00 at Lang & Schwarz on October 20, 2026, at 10:08 a.m. CEST. On the Korea Exchange, the stock had closed at KRW 1,277,000 on October 19, 2026. The further course of trading is shown by the continuously updated real-time quote of SK Hynix stock.