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en.fnnews.comNOV 22 min read$000660.KS

Even the 1.4 million won level is under threat... “SK hynix to hit 3.2 million won. Now’s the time to buy”

Korea Investment & Securities set a 3.2M won target price for SK hynix, citing strong market sentiment and rising memory prices. Analyst Ko Young-min forecasts 35% Q4 profit growth to 112.1T won, driven by supply-demand dynamics and long-term supply agreements. Next year, operating profit is expected to rise 73% to 507.8T won, with HBM products contributing significantly.

Original reporting
en.fnnews.com
Published Nov 2, 2026, 11:42 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 3, 2026, 1:40 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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Even the 1.4 million won level is under threat... “SK hynix to hit 3.2 million won. Now’s the time to buy” — source image
Source · en.fnnews.com
Decision brief

The 30-second read

$000660.KSBullishMed
01

Why it matters

The analyst's forecast suggests a significant earnings beat and margin expansion, which could trigger buying pressure.

02

Market read

First‑time guidance lift for SK hynix may move the stock higher in the near term, with spill‑over effects to the broader memory sector.

03

What to watch

Potential supply chain constraints or macro slowdown could temper the projected price gains.

Relevance 7/10Novelty 7/10Timing: pre‑market today

Background

SK hynix is a leading DRAM and NAND memory manufacturer; its performance is tied to data‑center demand and global chip cycles.

Company-level read

Ticker impact

$000660.KSBullishHigh confidence
Context

Korea Investment & Securities raised its target price to 3.2 million won and forecast strong Q4 operating profit and revenue growth for SK hynix.

Expected impact

potential upward pressure as investors price in higher earnings and margin expectations

Evidence & confidence

The new target and detailed profit/revenue forecasts represent fresh, material guidance that could attract buying interest.

Market effects

Sector

Memory chip sector may see broader rally on expectations of higher DRAM/NAND prices.

Regional

Korean equities could benefit from the upbeat outlook for a major export driver.

Global

Limited to semiconductor investors; no immediate global macro effect.

Counterpoint

What could challenge this read

If price already reflects optimism, the upgrade may be already priced in, limiting upside.

Key entities

  • company
    SK hynix

    South Korean memory chip maker.

  • analyst_firm
    Korea Investment & Securities

    Brokerage that issued the upgraded target and forecasts.

Read at source← All news

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