SK Inc stock reports strong Q2 growth as share sale draws scrutiny

Published on 10/07/2026 at 06:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SK Inc stock faced a KRW 944 billion insider sale disclosed on October 2. Q2 revenue rose 39.8 percent to KRW 42.1 trillion, while 18 analysts set a KRW 642,333 average target.

SK Inc, KR7034730002, Illustration mit AI erstellt.

SK Inc (ISIN KR7034730002) delivered Q2 2026 revenue of KRW 42.1 trillion, up 39.8 percent from the year-earlier quarter. The October 2 disclosure of Chairman Chey Tae-won's KRW 944 billion share sale now adds a governance question to the earnings story.

Share sale changes voting math

As The Chosun Daily reported, SK Inc and Korea Investment Holdings disclosed on October 2 that Chey would sell 1,653,924 SK Inc shares. The shares represent 3 percent of issued stock excluding treasury shares, and Chey's voting-rights-based stake with affiliates falls from 33.5 percent to 30.5 percent.

The transaction includes KRW 544 billion sold to a strategic investor and KRW 400 billion transferred to Korea Investment and Securities. The structure matters because the buyers could hold voting rights that affect auditor appointments under Korea's combined 3 percent rule.

Q2 profit growth strengthens the case

ATS View lists Q2 2026 operating profit at KRW 4.84 trillion, with an 11.5 percent operating margin. Q1 revenue was KRW 36.8 trillion, so Q2 revenue increased by KRW 5.4 trillion sequentially.

That comparison gives investors a clearer measure than the share sale alone: the Q2 revenue increase was paired with a higher operating profit of KRW 4.84 trillion versus KRW 3.67 trillion in Q1. The earnings improvement therefore extends beyond a single percentage headline.

Analysts see further valuation upside

StockHex lists a Buy consensus from 18 analysts, an average target of KRW 642,333, a low of KRW 225,000 and a high of KRW 950,000. The average target lies 10.4 percent above SK Inc's KRW 582,000 market price on October 7, 2026.

The range also shows the limits of a consensus headline. The gap between KRW 225,000 and KRW 950,000 is KRW 725,000, reflecting sharply different assumptions about holding-company value, subsidiary growth and governance execution.

SK Inc stock remains below its yearly high

SK Inc was trading at KRW 582,000 on the KRX on October 7, 2026 at 1:00 p.m. KST, down 0.68 percent from the previous close of KRW 586,000. The session range was KRW 575,000 to KRW 597,000, while the 52-week range stood at KRW 213,500 to KRW 883,000.