Meritz raises target for SK Hynix stock to KRW 3.20 million

Published on 10/14/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Meritz lifted its target to KRW 3.20 million on October 12, 2026. SK Hynix stock costs EUR 950.00, 3.85 percent below EUR 988.00.

Target and earnings outlook

Meritz raised its SK hynix target to KRW 3.20 million on October 12, 2026.
Second-quarter revenue reached KRW 79.32 trillion, up 257 percent year over year.
SK Hynix stock trades at EUR 950.00 at 1:12 p.m. CEST at Lang & Schwarz on October 14, 2026, 3.85 percent below the Xetra close of October 13, 2026.

SK Hynix, US78392B1070, Illustration mit AI erstellt.

SK Hynix (ISIN US78392B1070) was trading at EUR 950.00 at Lang & Schwarz on October 14, 2026 at 1:12 p.m. CEST, 3.85 percent below the Xetra close of October 13, 2026 at EUR 988.00. On October 12, 2026, Meritz Securities raised its target from KRW 3.10 million to KRW 3.20 million and kept its Buy rating, as Chosunbiz reported.

Three milestones shape the story

On July 10, 2026, SK hynix listed its American depositary receipts on Nasdaq, with the second-quarter conference transcript recording an offering equivalent to 17,790,000 shares through Yahoo Finance.

On July 29, 2026, second-quarter revenue reached KRW 79.32 trillion, up 257 percent year over year, while operating profit rose 557 percent to KRW 60.54 trillion, according to Zacks. On October 12, 2026, Meritz projected third-quarter operating profit of KRW 80.10 trillion, up 32 percent from the previous quarter, and raised its target to KRW 3.20 million, as Chosunbiz reported.

What supports the target?

Meritz's forecast sits above the cited market estimate of KRW 70.00 trillion for third-quarter operating profit. The brokerage expects DRAM shipments and selling prices to rise 13 percent and 22 percent, while NAND shipments and selling prices are projected to increase 4 percent and 15 percent, respectively.

The operating picture has already strengthened materially. The second-quarter operating margin reached 76 percent, and the company said HBM4 mass-production shipments began in that quarter, according to Yahoo Finance.

Results dates are approaching

SK hynix is scheduled to report third-quarter 2026 results on October 27, 2026, while full-year 2026 results are listed for January 28, 2027, by Barron's. Those dates put the KRW 80.10 trillion forecast ahead of the next formal test for memory pricing, shipments and HBM execution.

Stock remains below its Xetra close

At EUR 950.00, SK Hynix stock was 3.85 percent below the Xetra close of October 13, 2026 at EUR 988.00. The Lang & Schwarz quote was intraday at 1:12 p.m. CEST on October 14, 2026, while the finance quote showed a 52-week range of EUR 254.00 to EUR 1,725.00 and market capitalization of EUR 675.8 billion on the same date.

The further course of trading is shown by the continuously updated real-time quote of SK Hynix stock.