IBK Securities Says South Korea's SK Hynix Headed to 4 Million Won, Maintains Target
IBK Securities maintains a buy rating and 4 million won target price for SK Hynix, citing undervaluation and strong memory demand. The firm projects 95.8 trillion won in Q3 2026 revenue and 75.1 trillion won in operating profit. SK Hynix plans to allocate over 50% of free cash flow to shareholder returns, with buybacks expected to continue.
How this was made
The 30-second read
Why it matters
The new target could drive short‑term buying and influence sector sentiment.
Market read
Analyst upgrade with a steep price target may spark price appreciation and affect related memory stocks.
What to watch
Exchange‑rate volatility and potential macro slowdown could limit upside.
Background
IBK Securities released an analyst report on SK Hynix, citing AI memory demand and limited supply as catalysts for a higher price target.
Ticker impact
IBK Securities maintains a buy rating and sets a new 4 million won target price for SK Hynix, implying >125% upside.
potential upward pressure as investors price in the 125% upside target
The fresh target price and earnings outlook are new information that may trigger buying.
Market effects
Positive outlook for DRAM/NAND may lift other memory manufacturers.
Supports South Korean semiconductor sector sentiment.
Reinforces AI‑driven demand narrative for global memory suppliers.
Counterpoint
Target may be overly optimistic if AI demand softens or supply constraints ease.
Key entities
- companySK Hynix
South Korean memory chip maker (ticker 000660.KS).
- analystIBK Securities
Korean brokerage that issued the report.
