SK Telecom stock gained 3.37 percent as Q2 profit hit KRW 566 billion

Published on 10/05/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SK Telecom stock stood at USD 36.79 on October 2, 2026. Q2 revenue reached KRW 4.36 trillion, up 0.5 percent year over year.

SKM, US78440P3064, Illustration mit AI erstellt.

SK Telecom (ISIN US78440P3064) stock was last at USD 36.79 on the NYSE on October 2, 2026, up 3.37 percent from USD 35.59. The latest operating picture is mixed in scale but stronger in profitability, with Q2 operating profit reaching KRW 566 billion.

Q2 profit reaches KRW 566 billion

According to ATS View, SK Telecom reported Q2 2026 revenue of KRW 4.36 trillion, up 0.5 percent year over year. Operating profit reached KRW 566 billion, compared with KRW 338 billion in Q2 2025, while net income was KRW 466 billion versus KRW 83.2 billion a year earlier.

The quarter also improved on Q1 2026. Revenue was KRW 4.39 trillion in Q1, operating profit was KRW 538 billion and net income was KRW 316 billion, giving Q2 a higher profit contribution despite slightly lower revenue.

Analysts see an Outperform view

MarketScreener lists an Outperform mean consensus from 22 analysts. The average target price is KRW 102,719.05, with a high target of KRW 150,000 and a low target of KRW 55,000.

The spread between the high and low targets is KRW 95,000, showing a wide range of views even as the average target sits above the latest Korean share price shown on the consensus page. That target data refer to SK Telecom's ordinary shares in Korea, while SKM is the company's US-listed ADR.

Stock remains below yearly high

SKM's USD 36.79 price on October 2, 2026, remained below its 52-week high of USD 47.18 and above its 52-week low of USD 19.66. The session range was USD 36.26 to USD 36.84, and volume reached 1,124,662 shares.

For investors, the key distinction is between modest top-line growth and the sharper recovery in operating profit. The Q2 figures make margin improvement and the durability of earnings the central measures for the next report.