Samsung Electronics Co. Ltd., KR7005930003

Goldman Sachs cut Samsung Electronics stock profit forecast 5 percent

Published on 10/08/2026 at 12:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Samsung Electronics stock had KRW 107.4 trillion preliminary operating profit. Revenue reached KRW 195.0 trillion in the third quarter.

Samsung Electronics Co. Ltd., KR7005930003, Illustration mit AI erstellt.

Goldman Sachs cut its Samsung Electronics profit forecast by 5.00 percent from KRW 112.0 trillion to KRW 106.0 trillion on October 6, 2026, according to Yahoo Finance. The revision made currency exposure a central issue ahead of Samsung Electronics Co. Ltd. preliminary results.

Goldman trims its forecast

Goldman Sachs placed its revised KRW 106.0 trillion estimate near the KRW 105.5 trillion market consensus, while its earlier forecast stood at KRW 112.0 trillion. The report attributed the reduction to a stronger South Korean won and said high-bandwidth memory demand remained an important support for Samsung's semiconductor earnings.

The same report said Goldman expected Samsung's high-bandwidth memory bit shipments to rise 50.00 percent quarter over quarter in the third quarter of 2026. That combination creates a clear split in the earnings story: memory demand is accelerating, while currency translation and the end of a KRW 15.0 trillion repurchase program add counterweights.

Record profit meets tougher test

Samsung Electronics guided to KRW 107.4 trillion in preliminary operating profit for the third quarter of 2026, according to The Star, carrying a Reuters report dated October 8, 2026. The figure was 782.50 percent above the KRW 12.1 trillion reported for the same quarter of 2025 and exceeded the KRW 106.1 trillion LSEG SmartEstimate by KRW 1.3 trillion.

Preliminary revenue reached KRW 195.0 trillion in the third quarter, a 126.60 percent year-over-year increase, while the full divisional breakdown remains due with the detailed report. The Star reported that Samsung will release those results on October 29, 2026, giving investors a scheduled checkpoint for memory, mobile and foundry performance.

Market value and earnings test

Samsung Electronics had a market capitalization of KRW 1,720.4 trillion on October 8, 2026. Its 52-week range was KRW 89,750.00 to KRW 374,500.00, leaving the next results release as the key date for testing whether record semiconductor profits can offset currency and non-memory pressure.