SK Hynix stock reports 256.8 percent Q2 revenue growth

Published on 10/05/2026 at 20:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SK Hynix stock closed at KRW 1,841,000 on October 2, up 0.44 percent. TradingView lists 41 analysts and a KRW 3,287,582.16 average target.

SK Hynix, KR7000660001, Illustration mit AI erstellt.

SK Hynix (ISIN KR7000660001) closed at KRW 1,841,000 on the Korea Exchange on October 2, 2026, gaining 0.44 percent. The latest reported quarter showed revenue of KRW 79.3 trillion, up 256.8 percent year over year, according to Frontier on September 9, 2026.

Q2 revenue sets the pace

SK Hynix increased Q2 2026 revenue from KRW 22.232 trillion in Q2 2025 to KRW 79.319 trillion, a 256.8 percent rise. The same report showed operating profit climbing from KRW 9.213 trillion to KRW 60.543 trillion, an increase of 557.2 percent.

Net profit reached KRW 93.8 trillion in Q2 2026, compared with KRW 6.997 trillion a year earlier. Frontier said one-off effects contributed to the net profit figure, making operating profit the cleaner measure of core performance.

Analysts see further upside

Consensus expectations remain well above the Korean share price. TradingView reported that 41 analysts set an average target of KRW 3,287,582.16, down from KRW 3,311,687.35, with estimates from KRW 1,535,000 to KRW 5,300,000.

At KRW 1,841,000, the average target lies 78.57 percent above the October 2 share price. TradingView also reported a Buy consensus among 46 analysts, including 43 Buy ratings, 3 Holds and 0 Sells.

Memory cycle faces a durability test

The earnings growth is tied to high-bandwidth memory demand and broader artificial intelligence infrastructure spending. Seoul Economic Daily reported on October 4, 2026, that analysts expect HBM4 adoption and rising memory content per accelerator to support demand into 2027.

The counterweight is margin durability. Frontier reported that Q2 2026 EBITDA margin reached 81.4 percent, compared with 55.8 percent in Q2 2025, while competition from Samsung and Micron could pressure pricing as capacity expands.

Stock stays below its yearly high

SK Hynix had a market capitalization of KRW 1.3 trillion and traded within a 52-week range of KRW 395,500 to KRW 2,987,000 as of October 2, 2026. Volume was 2,032,332 shares, while the stock's year-to-date gain stood at 182.80 percent.