SK Square stock gets a higher KRW 1.5 million target

Published on 10/07/2026 at 10:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SK Square stock traded at KRW 1,142,000 on October 7, 2026, down 1.64 percent. Q2 revenue was KRW 328.5 billion, while operating profit reached KRW 19.2 trillion.

SK Square, KR7402340004, Illustration mit AI erstellt.

SK Square stock (ISIN KR7402340004) was last at KRW 1,142,000 on the KRX KOSPI on October 7, 2026, down 1.64 percent from the prior session. The move came as DB Financial Investment lifted its target price from KRW 1.45 million to KRW 1.5 million and maintained a Buy rating, according to Asia Business Daily on October 7, 2026.

Target price follows shareholder returns

DB Financial Investment valued SK Square's net asset value at KRW 278 trillion, including KRW 274 trillion for its holding in SK hynix, according to Asia Business Daily. That concentration gives the stock direct exposure to memory-chip valuations, while the target-price increase points to shareholder distributions as a second part of the investment case.

SK Square's shareholder return plan for 2026 totals KRW 310 billion, including KRW 204.3 billion of dividends and a KRW 110 billion share buyback and cancellation program, Asia Business Daily reported. The company is also converting KRW 5.9 trillion of capital surplus into retained earnings, a step that supports future distributions.

Q2 profit rises as revenue contracts

SK Square reported Q2 2026 revenue of KRW 329 billion, down 19.2 percent from Q2 2025, while operating profit reached KRW 19.2 trillion, compared with KRW 8.28 trillion in Q1 2026, according to ATS View. Net income was KRW 18.7 trillion in Q2 2026, versus KRW 8.37 trillion in the first quarter.

The figures show why revenue alone gives an incomplete picture of this holding company. Changes in the value of investment assets, especially SK hynix, can dominate quarterly earnings and make operating comparisons less representative of recurring platform performance.

Stock remains below yearly high

The October 7 price was 47.83 percent below the 52-week high of KRW 2,189,000 and above the 52-week low of KRW 229,500. Trading volume was 560,424 shares, while market capitalization stood at KRW 150.5 trillion on the same date.

For investors, the central balance is clear: the higher target price reflects asset value and capital returns, while the Q2 revenue decline highlights the sensitivity of the portfolio model to market conditions.

SK Square stock trades at KRW 1.14 million

SK Square was last at KRW 1,142,000 on the KRX KOSPI on October 7, 2026, at 3:30 p.m. KST. The stock's valuation remains closely linked to SK hynix and to the pace of shareholder distributions.