IBK keeps 4 million won target for SK Hynix stock

Published on 10/08/2026 at 09:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 256.80 percent to KRW 79.32 trillion. SK Hynix stock costs EUR 1,120.00 on October 8, 2026, down 1.54 percent from EUR 1,137.50.

SK Hynix, US78392B1070, Illustration mit AI erstellt.

SK Hynix (ISIN US78392B1070) stock was trading at EUR 1,120.00 at Lang & Schwarz on October 8, 2026 at 9:02 a.m. CEST, minus 1.54 percent versus EUR 1,137.50. On October 7, IBK Investment & Securities maintained its Buy rating and 4 million won target for SK Hynix, Seoul Economic Daily reported.

IBK sees 78.40 percent margin

IBK forecasts third-quarter 2026 revenue of KRW 95.8 trillion and operating profit of KRW 75.1 trillion. The operating margin is projected at 78.40 percent, up 2.10 percentage points from the second quarter, while the brokerage lowered its earlier estimates because of the won-dollar exchange rate.

The target decision also rests on memory-market assumptions. IBK expects DRAM and NAND price volatility to remain low, while additional fourth-quarter buybacks could follow the KRW 40 trillion already being executed, according to Seoul Economic Daily.

Q2 profit jumps 557.20 percent

SK Hynix reported second-quarter 2026 revenue of KRW 79.32 trillion, up 256.80 percent from the year-earlier quarter. Operating profit reached KRW 60.54 trillion, an increase of 557.20 percent year over year, with a 76.00 percent operating margin, according to Barchart.

That earnings base explains why the latest target remains far above the current euro quote, but the near-term setup also carries a supply variable. Barchart reported that the lock-up covering certain shares linked to the Nasdaq listing was scheduled to expire on October 8, 2026, potentially increasing trading supply.

Nasdaq value and October 27 results

The Nasdaq listing had a market capitalization of USD 1.3 trillion as of October 7, 2026. SK Hynix is scheduled to report its third-quarter 2026 results on October 27, 2026, according to Gekko.

The October 27 report will test whether the projected KRW 95.8 trillion revenue and KRW 75.1 trillion operating profit can extend the sharp second-quarter expansion. For investors, the key comparison is the 78.40 percent projected operating margin against 76.00 percent in the second quarter.

EUR 1,120.00 in morning trading

At Lang & Schwarz, SK Hynix stock was trading at EUR 1,120.00 on October 8, 2026 at 9:02 a.m. CEST, down 1.54 percent from the EUR 1,137.50 prior close of October 7, 2026. The quotation was in the Xetra regular-session window.

The further course of trading is shown by the continuously updated real-time quote of SK Hynix stock.