DS raises target for Samsung Electro stock to KRW 2.60 million

Published on 10/09/2026 at 12:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DS sees Q3 operating profit at KRW 651.60 billion, up 150.30 percent. Samsung Electro stock was KRW 1,546,000 on October 8, 2026 versus KRW 1,604,000.

Key points in brief

DS Investment & Securities raised its Samsung Electro-Mechanics target to KRW 2.60 million on October 7, 2026.
Third-quarter operating profit is projected at KRW 651.60 billion, up 150.30 percent year over year.
The KRX quote stood at KRW 1,546,000 on October 8, 2026, down 3.62 percent from KRW 1,604,000.
Second-quarter revenue reached KRW 3.4572 trillion, up 24.20 percent year over year.

Samsung Electro, KR7009150004, Illustration mit AI erstellt.

Samsung Electro (KR7009150004) stood at KRW 1,546,000 on KRX on October 8, 2026, down 3.62 percent from the prior close of KRW 1,604,000. The latest analyst action came from DS Investment & Securities, which raised its target to KRW 2.60 million on October 7, 2026, while projecting third-quarter operating profit of KRW 651.60 billion, up 150.30 percent year over year, according to Aju Press.

DS target reaches KRW 2.60 million

The October 7 report linked the higher target to better product mix and price increases in multilayer ceramic capacitors and semiconductor package substrates. DS projected third-quarter sales of KRW 3.8728 trillion, up 34.10 percent year over year, and operating profit of KRW 651.60 billion, 4.90 percent above its KRW 621.40 billion market forecast, according to Aju Press.

The valuation case depends on earnings conversion rather than revenue growth alone. DS estimated full-year 2026 operating profit at KRW 2.1062 trillion and next-year operating profit at KRW 3.8362 trillion, with the latter up 23.70 percent from its previous estimate.

Three dated earnings developments

On August 28, 2026, Samsung Electro-Mechanics reported second-quarter revenue of KRW 3.4572 trillion, up 24.20 percent year over year. Operating profit reached KRW 440.00 billion, up 106.70 percent, while net profit rose 143.30 percent, according to Frontier.

On September 28, 2026, the company disclosed total investment of KRW 8.50 trillion to expand substrate production in Sejong and Vietnam. Hana Securities said more than 70 percent of that investment was expected to come from customer advances, according to Financial News.

On October 7, 2026, DS raised its target to KRW 2.60 million and forecast third-quarter operating profit at KRW 651.60 billion. The sequence shows a sharp step-up from the KRW 440.00 billion reported for the second quarter.

What does the valuation mean?

The operating outlook is strong, but the investment cycle raises the importance of cash generation. In the second quarter, capital expenditure reached KRW 603.00 billion against operating cash flow of KRW 581.20 billion, leaving free cash flow at minus KRW 21.80 billion, according to Frontier.

Next reporting date

The next earnings date is October 29, 2026, according to InvestPane.

KRW 1.55 million on KRX

Samsung Electro-Mechanics stock stood at KRW 1,546,000 on KRX on October 8, 2026, down 3.62 percent versus the prior close of KRW 1,604,000. Its 52-week range was KRW 195,400 to KRW 2,417,000, and market capitalization was KRW 112.4 trillion as of October 9, 2026.