NH Investment maintains target for SK Hynix stock

Published on 10/01/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue is forecast at KRW 93.21 trillion, up 281.20 percent year over year. SK Hynix stock has KRW 72.70 trillion operating profit forecast.

SK Hynix, KR7000660001, Illustration mit AI erstellt.

SK Hynix (KR7000660001) carries a KRW 3.40 million target from NH Investment and Securities, which kept its Buy rating on October 1, 2026. The recommendation rests on continued artificial intelligence memory demand, while high-bandwidth memory contract and quality concerns remain part of the assessment.

Target stays at KRW 3.40 million

According to Asia Business Daily on October 1, 2026, analyst Youngho Ryu said SK Hynix should strengthen its supply position from HBM4E as custom products take a larger share. The report also described quality issues at major customers as manageable.

The valuation case is tied to operating earnings rather than a short-term currency move. NH Investment and Securities expects long-term supply agreements to support customer relationships as AI accelerators expand beyond graphics processors into application-specific integrated circuits.

Forecasts rise against the second quarter

Edaily reported on September 30, 2026, that the third-quarter revenue forecast is KRW 93.208 trillion, up 281.20 percent year over year and 17.50 percent from the second quarter. Operating profit is projected at KRW 72.699 trillion, up 538.60 percent year over year and 20.10 percent quarter over quarter.

The same report places the forecast below consensus of KRW 99.394 trillion for revenue and KRW 78.058 trillion for operating profit. The comparison points to foreign-exchange effects and product transition timing rather than a weaker memory-demand thesis.

KRX valuation and next date

SK Hynix was last at KRW 1,833,000.00 on the KRX on October 1, 2026 at 3:30 p.m. KST. Its market capitalization was KRW 1.3 trillion, while the 52-week range stood at KRW 351,000.00 to KRW 2,987,000.00.

TradingView lists October 27, 2026 as the next earnings date. The most recent reported second-quarter 2026 figures were revenue of KRW 79.32 trillion, operating profit of KRW 60.54 trillion and a 76.00 percent operating margin, according to Venture Atlas.