Meritz lifted SK Hynix target: SK Hynix stock falls 3.40 percent

Published on 10/16/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Meritz set a KRW 3.2 million target on October 12, 2026. SK Hynix stock costs EUR 852.00 on October 16, 2026, 3.40 percent below Xetra close.

Analyst view and earnings test

Meritz Securities raised its target to KRW 3.2 million on October 12, 2026.
Third-quarter operating profit was forecast at KRW 80.1 trillion, 32 percent above the previous quarter.
SK Hynix stock trades at EUR 852.00 at 10:40 a.m. CEST at Lang & Schwarz on October 16, 2026, 3.40 percent below the Xetra close of October 15, 2026.

SK Hynix, US78392B1070, Illustration mit AI erstellt.

SK Hynix stock (ISIN US78392B1070) was trading at EUR 852.00 at Lang & Schwarz on October 16, 2026, at 10:40 a.m. CEST, down 3.40 percent versus the Xetra close of October 15, 2026, at EUR 882.00. The decline comes as Meritz Securities raised its target for SK Hynix to KRW 3.2 million on October 12, 2026, while keeping its Buy rating, according to FN News.

Target rises on profit expectations

Chosunbiz reported on October 12, 2026, that Meritz expects third-quarter operating profit of KRW 80.1 trillion, up 32 percent from the previous quarter and above a market estimate of KRW 74.0 trillion. The forecast assigns KRW 63.0 trillion to DRAM and KRW 17.0 trillion to NAND, with an expected operating margin of 80 percent.

The forecast is built on stronger shipment and pricing assumptions. Meritz projected DRAM shipments and prices to rise 13 percent and 22 percent quarter over quarter, while NAND shipments and prices were expected to increase 4 percent and 15 percent.

Three dated company developments

On August 7, 2026, SK hynix was listed as planning KRW 54.0 trillion of investment in production facilities. On August 19, 2026, the company was listed as accelerating a KRW 40.0 trillion share repurchase and cancellation program. On October 12, 2026, Meritz raised its target to KRW 3.2 million and projected KRW 80.1 trillion of third-quarter operating profit, according to StockTitan.

What is the profit test?

The next test is the third-quarter earnings release and conference call scheduled for October 28, 2026, at 9:00 a.m. Seoul time, according to the company filing carried by StockTitan. Investors will be able to compare the reported operating profit with the KRW 80.1 trillion Meritz forecast and the KRW 74.0 trillion market estimate.

Price reflects a sharper test

The euro quotation places the stock EUR 30.00 below the Xetra close of October 15, 2026. The move gives the upcoming earnings release a more immediate role, because the market must reconcile a 3.40 percent daily decline with an analyst forecast that is 32 percent above the previous quarter.

SK Hynix was trading at EUR 852.00 at Lang & Schwarz on October 16, 2026, at 10:40 a.m. CEST, 3.40 percent below the Xetra close of October 15, 2026, at EUR 882.00. The further course of trading is shown by the continuously updated real-time quote of SK Hynix stock.