Samsung Electronics and SK Hynix Q2 Earnings This Week as Brokerages Raise Stocks Targets

Samsung Electronics and SK Hynix are scheduled to announce Q2 earnings this week, with SK Hynix reporting on the 29th and Samsung Electronics releasing confirmed results on the 30th. Samsung Electronics previously disclosed preliminary Q2 results showing revenue of 171 trillion won and operating profit of 89.4 trillion won, marking record quarterly results. The announcements come amid an AI datacenter investment boom driving a semiconductor supercycle, with brokerage firms raising target prices for both stocks despite recent market corrections.

SK Hynix Q2 Earnings Forecast Shows 278.6% Revenue Growth

According to financial data provider FnGuide on the 26th, SK Hynix is projected to report Q2 revenue of 84.1693 trillion won, representing a 278.6% increase year-over-year. Quarterly operating profit estimates stand at 64.2448 trillion won, nearly seven times the figure from one year earlier. The company is expected to achieve record quarterly results driven by the semiconductor supercycle.

Brokerage Firms Raise Target Prices for Samsung Electronics and SK Hynix Stocks

Brokerage firms view the recent stock price corrections as buying opportunities rather than fundamental deterioration. Seven brokerage firms raised Samsung Electronics target prices in July, with KB Securities setting a target of 600,000 won and Korea Investment & Securities at 590,000 won. Six brokerage firms increased SK Hynix target prices this month, with KB Securities setting a target of 4.2 million won and NH Investment & Securities at 4.1 million won.

KB Securities Analyst Forecasts 30% Memory Price Increase in Q3

Kim Dong-won, head of KB Securities Research Division, stated that structural constraints on general-purpose DRAM production capacity will be inevitable for an extended period due to expanded HBM4 production next year. Kim projected that memory prices will rise by at least 30% in Q3, even as five-year long-term supply agreements (LTA) expand from the second half of this year.

FAQ

When will Samsung Electronics and SK Hynix announce Q2 earnings? SK Hynix is scheduled to announce Q2 earnings on the 29th, and Samsung Electronics will release confirmed results on the 30th.

What are the Q2 earnings estimates for SK Hynix? According to FnGuide on the 26th, SK Hynix is projected to report Q2 revenue of 84.1693 trillion won (up 278.6% year-over-year) and operating profit of 64.2448 trillion won (nearly seven times the year-earlier figure).

What target prices have brokerage firms set for Samsung Electronics and SK Hynix stocks? KB Securities set a target price of 600,000 won for Samsung Electronics and 4.2 million won for SK Hynix, while Korea Investment & Securities set 590,000 won for Samsung Electronics and NH Investment & Securities set 4.1 million won for SK Hynix.