Samsung Electro-Mechanics Korean Stocks Hit 3M Won Target After MLCC Deal

iM Securities set a 3 million won target for Samsung Electro-Mechanics on the 24th after the company disclosed a 295.1 billion won MLCC contract. The brokerage maintained its 'buy' rating, stating that securing additional long-term supply contracts for AI server MLCCs strengthened the company's pricing power amid supply shortages. The report noted this contract confirms the June agreement was not a one-time event and demonstrates increased supplier negotiating power. Samsung Electro-Mechanics produces multilayer ceramic capacitors (MLCCs) used in AI datacenters, positioning the company to benefit from expanding global AI investment.

Samsung Electro-Mechanics Secures 749.1 Billion Won in 2027 MLCC Contracts

Samsung Electro-Mechanics disclosed a 295.1 billion won MLCC supply contract on the 23rd with a contract period from January to December 2027. Including the 454 billion won contract disclosed last month, the company's 2027 long-term supply contract scale reached 749.1 billion won. The contract counterparty is a global server assembly company (EMS), with the end customer reported to be a global big tech company.

Stock Rises Fivefold from 255,000 Won to 1.46 Million Won

Samsung Electro-Mechanics closed at 255,000 won on December 30 last year. The stock entered the 500,000 won range in April this year, surpassed 1 million won on May 13 on a closing basis, and exceeded 2 million won at the close at the end of May. Based on current stock price, Samsung Electro-Mechanics ranks 4th in KOSPI market capitalization (excluding preferred shares). On this day in the NextRate (NXT) premarket, Samsung Electro-Mechanics traded at 1.466 million won, up 1.24% from the previous trading day.

FAQ

What target price did iM Securities set for Samsung Electro-Mechanics Korean Stocks?

iM Securities issued a report on the 24th setting a target price of 3 million won for Samsung Electro-Mechanics while maintaining a 'buy' investment opinion.

How much are Samsung Electro-Mechanics' 2027 MLCC supply contracts worth?

Samsung Electro-Mechanics disclosed a 295.1 billion won contract on the 23rd for January-December 2027. Combined with the 454 billion won contract disclosed last month, total 2027 long-term supply contracts reach 749.1 billion won.

What is Samsung Electro-Mechanics' current KOSPI ranking?

Based on current stock price, Samsung Electro-Mechanics ranks 4th in KOSPI market capitalization, excluding preferred shares.