Samsung Electronics Co. Ltd., KR7005930003

KB Securities sees Samsung Electronics stock at three times earnings

Published on 10/26/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Samsung guided KRW 195.00 trillion sales for the third quarter. On October 29, results will test Samsung Electronics stock.

Earnings and valuation

KB Securities projected KRW 555 trillion in Samsung operating profit for 2027 in a report dated October 26, 2026.
Samsung guided third-quarter sales of KRW 195.00 trillion on October 8, 2026.
Samsung Electronics stock has a third-quarter earnings call scheduled for October 29, 2026.

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

Samsung Electronics Co. Ltd. (ISIN KR7005930003) is being valued at three times earnings in a report released October 26, 2026, as KB Securities argued that profit growth has outpaced the share price. The brokerage projected Samsung's operating profit at KRW 555 trillion for 2027, up 51 percent from a year earlier, according to Seoul Economic Daily.

Why earnings remain central

The valuation argument arrives before Samsung's detailed third-quarter results. The company guided consolidated sales of KRW 195.00 trillion and operating profit of KRW 107.40 trillion on October 8, 2026, while giving ranges of KRW 194 trillion to KRW 196 trillion for sales and KRW 107.3 trillion to KRW 107.5 trillion for operating profit, according to Samsung Global Newsroom.

The guidance would mark a sharp acceleration from the second quarter of 2026, when revenue reached KRW 171.50 trillion and operating profit was KRW 89.49 trillion. CNBC reported that memory demand linked to artificial intelligence was the main driver of the improvement, while expectations for chip earnings had already become demanding.

What does the timeline show?

The chronology is clear. On June 30, 2026, second-quarter revenue stood at KRW 171.50 trillion and operating profit at KRW 89.49 trillion, figures reported by CNBC. On October 8, 2026, Samsung guided third-quarter sales at KRW 195.00 trillion and operating profit at KRW 107.40 trillion, according to Samsung Global Newsroom. On October 26, 2026, KB Securities projected KRW 555 trillion in 2027 operating profit, according to Seoul Economic Daily.

Which dates matter next?

Samsung's next substantiated date is October 29, 2026, when it has scheduled its third-quarter earnings conference call at 10:00 a.m. Korea Standard Time. The investor-relations calendar also identifies October 8, 2026, as the date of the third-quarter guidance announcement, according to Samsung Electronics.

Valuation meets execution

For investors, the key test is whether the projected profit expansion becomes visible in the final business-unit breakdown. KB Securities said Samsung's earnings growth and share price had diverged, while the October 29 report should provide a more detailed view of memory profitability and shareholder returns.