Business · Companies · 3 hrs ago
Meritz forecasts SK Hynix third-quarter operating profit of 80.1 trillion won
Meritz Securities expects SK Hynix, a South Korean memory-chip maker, to earn 80.1 trillion won in operating profit in the third quarter.
That would be 32% more than in the previous quarter and above market expectations.
The forecast is based on higher sales and prices for both DRAM and NAND memory chips.
The brokerage also expects the start of full-scale HBM4 supply to add to profits.
It raised its target share price to 3.2 million won from 3.1 million won and kept its buy rating.
Meritz also forecasts operating profit of 264 trillion won this year and 454 trillion won next year, and expects memory supply to remain tight.
Meritz Securities forecast SK Hynix will post third-quarter operating profit of 80.1 trillion won, up 32% from the previous quarter and above market expectations.
The brokerage raised its fair share price estimate from 3.1 million won to 3.2 million won and maintained its “buy” rating.
It projected third-quarter DRAM and NAND shipments to rise 13% and 4%, respectively, from the previous quarter.
Meritz estimated operating profit of 63 trillion won from DRAM and 17 trillion won from NAND, with an overall operating margin of 80%.
The brokerage said HBM4 supply and a shortage of memory supply next year would support earnings.
- Who
- SK Hynix; the forecast was issued by Meritz Securities.
- What
- Meritz forecast third-quarter operating profit of 80.1 trillion won and raised its fair share price estimate to 3.2 million won.
- When
- Meritz issued the forecast on the 12th. The article was published on October 11, 2026.
- Where
- Not stated
- Why
- Meritz cited higher memory shipments and selling prices, as well as HBM4 supply, as drivers of stronger earnings.
This story does not have two clearly opposing sides.
The shortage of memory supply next year is clear.
A stock price correction has led to a flexible recovery.
This story does not have a timeline yet.
- Third-quarter operating profit forecast
- 80.1 trillion won
- Quarter-on-quarter profit growth forecast
- 32%
- Fair share price estimate
- Raised from 3.1 million won to 3.2 million won
- DRAM operating profit estimate
- 63 trillion won
- NAND operating profit estimate
- 17 trillion won
Sources
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