Samsung Electronics Seen Deeply Undervalued, Target Kept at 460,000 Won
IBK Investment & Securities maintains a 'buy' rating for Samsung Electronics (005930.KS) with a 460,000 won target, citing undervaluation and steady profit growth. Analyst Kim Woon-ho expects Q3 revenue of 195.2 trillion won and operating profit of 101.7 trillion won, with memory demand supporting profitability. The company's shareholder return policy is noted as a positive factor. TrendForce forecasts a 121% increase in HBM prices in 2027 due to supply constraints.
How this was made
The 30-second read
Why it matters
The buy rating and high target price could trigger buying pressure, especially among investors focused on AI‑related memory chips.
Market read
New analyst coverage with a bullish price target may influence Samsung's stock direction and the broader memory chip sector.
What to watch
Potential currency volatility and slower-than-expected memory price recovery could limit upside.
Background
Analyst from IBK Investment & Securities provides a fresh valuation thesis for Samsung Electronics, highlighting memory demand and shareholder returns.
Ticker impact
IBK Investment & Securities initiates a buy rating with a 460,000‑won target, citing undervaluation and strong memory demand.
likely upward pressure as investors price in the new target and buy rating
The firm is deemed deeply undervalued; the unchanged high target may attract buying interest.
Market effects
Memory chip sector may see broader valuation lifts if Samsung's undervaluation narrative spreads.
Korean market could benefit from positive sentiment toward its largest chipmaker.
Global investors tracking AI‑related memory demand may adjust exposure to Samsung.
Counterpoint
Some may argue the target is overly optimistic given operating losses in mobile and display units.
Key entities
- companySamsung Electronics
Korean semiconductor giant (005930.KS).
- analyst_firmIBK Investment & Securities
Brokerage that issued the buy rating and target price.
