Equities

SK hynix made 83.3 trillion won in Q3 and its shares rose 14% in two days. Brokers' new targets: two cuts, one raise

Eleven broker reports followed SK hynix's record quarter. Targets run from 2.64 million to 4.0 million won, a median of 3.175 million, 2.08 times the 29 October close of 1,526,000. Two brokers cut, one raised, four held.

AI-assisted, human-reviewed sourcing. Figures are pulled programmatically from the official sources listed at the end of this article and checked by an editor before publication.

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SK hynix reported on Wednesday 28 October. YTN put its third-quarter operating profit at about 83.3 trillion won on revenue of about 104.6 trillion, the first quarter above 100 trillion. Brokers had expected about 76 trillion. The operating margin was 79.7%.

It also declared a Q3 dividend of 20,000 won a share, half regular and half special, and a new 20 trillion won share buyback.

What the shares did

Date Close (won) Change
Mon 21 Sep (highest in our record) 1,868,000
Mon 20 Oct (lowest, also 22 Oct) 1,223,000
Tue 27 Oct 1,341,000 +5.18%
Wed 28 Oct (results) 1,487,000 +10.89%
Thu 29 Oct 1,526,000 +2.62%

Two days took the stock up 13.8% from Tuesday’s close. It was still 18.3% below its 21 September close. The KOSPI rose 6.64% on Wednesday, and SK hynix is about a fifth of the index’s market value (the weighing).

What brokers wrote the next morning

Eleven SK hynix reports dated Thursday 29 October are in our archive. We compared each with the same broker’s previous SK hynix target.

Broker Previous target (date) New target Change
IBK Investment & Securities 4,000,000 (7 Oct) 3,200,000 −20.0%
Daishin Securities 3,200,000 (28 Sep) 3,000,000 −6.3%
Shinhan Securities 2,700,000 (30 Sep) 3,000,000 +11.1%
SK Securities 4,000,000 (12 Oct) 4,000,000 unchanged
Hana Securities 3,600,000 (13 Oct) 3,600,000 unchanged
Mirae Asset Securities 3,100,000 (6 Oct) 3,100,000 unchanged
Hanwha Investment & Securities 3,150,000 (20 Aug) 3,150,000 unchanged
Kyobo Securities none in our archive 4,000,000 —
Yuanta Securities Korea none in our archive 3,700,000 —
DS Investment & Securities none in our archive 2,640,000 —
Kiwoom Securities — no target, no rating —

Ten targets, from 2,640,000 to 4,000,000 won. The median is 3,175,000. Every rated report said Buy.

The distance to the price

Against the 29 October close of 1,526,000 won, the median new target is 2.08 times the price. The lowest, DS Investment’s 2,640,000, is 1.73 times. The highest, 4,000,000 from SK Securities and Kyobo, is 2.62 times.

The gap is not only a product of October’s fall. Before results, the eight brokers in our SK hynix company file had a median latest target of 3,400,000 won. Even at the 21 September close of 1,868,000, the highest in our record, that was 1.82 times the price.

The post-results median is lower than the pre-results one, but mostly because the set of brokers changed: the targets that moved went both ways, and three of the eleven reports came from brokers with no earlier SK hynix target in our list.

The dividend date

To receive the 20,000 won dividend, a shareholder must be on the register on the 30 November record date. YTN reported that this means buying by 26 November, because Korean trades settle two business days later. Korea now lets companies set the record date after the dividend is announced (how that works).

Statistics, not advice. A target is a broker’s figure, not a forecast by SeoulMarkets.

Related: All 24 Q3 reporters: 19 cuts, 5 raises · Korean chip stocks’ target prices · Samsung Electronics after its results. More from the same data: Samsung and SK hynix targets before results · SK hynix is worth twice the whole KOSDAQ.

Data & Verification Notes

Data as of
Sources
Cross-checks
  • SK hynix Q3 2026 operating profit about 83.3 trillion won on revenue of about 104.6 trillion, against a broker estimate of about 76 trillion (YTN).
  • Shares: 1,341,000 won on 27 Oct, 1,487,000 on 28 Oct (+10.89%), 1,526,000 on 29 Oct (+2.62%).
  • 11 reports on 29 Oct: targets 2,640,000 to 4,000,000 won, median 3,175,000, 2.08 times the 29 Oct close. IBK cut 4.0m to 3.2m, Daishin 3.2m to 3.0m; Shinhan raised 2.7m to 3.0m.
Excluded figures
  • Reports SK hynix drew after 29 October. Our archive file runs to 30 October and holds no SK hynix report dated 30 October.
  • Kiwoom Securities' 29 October report, listed with no rating and no target.
  • Share prices after 29 October; our price file ends there.
  • Why any broker set its number. We list the targets; the reports' reasoning is in Korean and not reproduced here.
  • This is not investment advice.
Instruments
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The full dataset behind these figures — every listed company, every row — is available to license. SeoulMarkets data for licence →

Not investment advice. SMarkets publishes data journalism for general information only. Nothing here is investment advice, a recommendation, or an offer to buy or sell any security — any investment you make is at your own risk and responsibility. Figures are derived from official public data sources and may be revised by the issuing agency. Verify independently before acting.

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