SK Hynix stock rises 1.20 percent to KRW 1,862,000

Published on 09/25/2026 at 14:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SK Hynix stock posted Q2 2026 revenue of KRW 79.3 trillion, up 257 percent year over year. Wolfe Research lifted its target to USD 250 on September 23, 2026.

SK Hynix, KR7000660001, Illustration mit AI erstellt.

SK Hynix stock (ISIN KR7000660001) closed at KRW 1,862,000 on the KRX on September 23, 2026, up 1.20 percent from KRW 1,840,000. The move followed a fresh analyst target increase as the memory cycle remains tied to artificial intelligence demand.

Wolfe raises its target

According to Yahoo Finance on September 23, 2026, Wolfe Research raised its SK Hynix price target to USD 250 from USD 200 and reiterated an Outperform rating. The analyst cited continued memory pricing improvement and demand expected to remain above supply through 2028.

The new target is 34.23 percent above the Korean-listed closing price only if the two securities are converted consistently, so the direct comparison is better made with the separate Nasdaq ADR. For the KRX listing, the more relevant technical reference is its 52-week range of KRW 333,000 to KRW 2,987,000.

Q2 revenue reaches KRW 79.3 trillion

Yahoo Finance reported that SK hynix generated provisional consolidated Q2 2026 revenue of KRW 79.3 trillion, up 257 percent year over year and 51 percent quarter over quarter. Operating income reached KRW 60.5 trillion, rising 557 percent year over year and 61 percent quarter over quarter.

The operating margin was 76 percent in Q2 2026, 5 percentage points higher than in the previous quarter, while net income reached KRW 93.9 trillion. The scale of the sequential revenue increase makes pricing and supply discipline the central variables for the next earnings update.

Stock remains below yearly high

At KRW 1,862,000, the KRX share price stood 37.66 percent below its 52-week high of KRW 2,987,000 on September 23, 2026. Trading volume reached 3,131,146 shares, and market capitalization was KRW 1,321,749,807,042,000 on the same dated quote.

For investors, the contrast is clear: the latest quarterly figures show record profitability, while the share price remains materially below its yearly peak. Wolfe's USD 250 ADR target adds a further valuation reference, but the Korean listing and the ADR represent separate trading instruments.