BNK cuts target to KRW 1.60 million for SK Square stock

Published on 10/19/2026 at 09:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BNK cut its target from KRW 1.80 million to KRW 1.60 million on October 14, 2026. SK Square stock faces November 12 results.

Shareholder returns shape valuation

BNK Investment and Securities cut its target from KRW 1.80 million to KRW 1.60 million on October 14, 2026.
SK Square announced a KRW 310.0 billion shareholder return plan for 2026 on October 7, 2026.
SK Square's next earnings report is scheduled for November 12, 2026.

SK Square, KR7402340004, Illustration mit AI erstellt.

SK Square (ISIN KR7402340004) faces a lower valuation marker after BNK Investment and Securities cut its target from KRW 1.80 million to KRW 1.60 million in a report dated October 14, 2026, according to Newspim. The change leaves the broker's target 11.11 percent below its previous level.

Target cut meets return plan

The lower target came after a sharp increase earlier in the year. BNK's KRW 1.60 million target remains above the KRW 1.30 million low among the covered targets cited in the report, while the six-month average stood at KRW 1.78 million.

The valuation debate is tied to SK Square's shareholder-return policy and its exposure to SK hynix. DB Financial Investment raised its target from KRW 1.45 million to KRW 1.50 million on October 7, 2026, and retained a Buy rating, as Asia Business Daily reported. The same report said SK Square's 2026 shareholder-return plan totaled KRW 310.0 billion, including KRW 204.3 billion of dividends and KRW 110.0 billion of share buybacks and cancellations.

What does the target cut mean?

The key distinction is between a lower individual target and a still-large valuation gap. BNK's target of KRW 1.60 million is KRW 180,000 below its earlier KRW 1.80 million target, but KRW 300,000 above the cited low target. That spread shows how strongly estimates depend on the value of SK Square's listed holdings and its capital-allocation policy.

November brings the next report

SK Square's next earnings report is scheduled for November 12, 2026, according to TradingView. The date gives investors a defined checkpoint for the portfolio valuation, operating results and the progress of the return policy.

Market value and listing

SK Square's shares were last quoted at KRW 780,000 on the Korea Exchange on October 19, 2026, with a market capitalization of KRW 102.8 trillion. The quoted 52-week range was KRW 241,000 to KRW 2.19 million. The investment company therefore sits materially below its annual high while the latest analyst targets remain above the market quotation.