Category: RESEARCH

Brokerage : Kyobo Securities Analyst : Boyoung Choi (20190031@iprovest.com) Investment Rating : Buy (Maintained) Target Price : KRW 1,200,000 (Raised) Core Momentum : Unprecedented monthly cycle tightening across MLCC and FC-BGA, 5-year volume negotiations extending to 2032, and turnkey leadership in next-gen packaging (VPD, embedding, silicon capacitors) 📊 1. [Valuation & Key Financial Metrics] 🚀…

Read More “[Research] Samsung Electro-Mechanics (009150) – Kyobo Securities | Monthly Cycle Tightening · 5-Year LTA · VPD & Embedded / 2026-05-11” »

Market: KOSPI (000660) Brokerage : Kiwoom Securities Analyst : Park Yu-ak Investment Rating : Outperform (Downgrade) Target Price : KRW 1,900,000 (Upgraded) Core Momentum : Severe supply constraints are driving sharp price increases across commodity DRAM and NAND, supporting a surge in Q2 operating profit above market expectations, although weaker PC and smartphone demand could…

Read More “[Research] SK hynix (000660 / SKHY) – Kiwoom | Commodity Memory Pricing · Supply Constraints · Earnings Surge / 2026-05-11” »

Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : KRW 2,700,000 (Maintained) Core Momentum : Expanding order backlogs from big tech and AI cloud providers are expected to translate into sustained memory demand, while growing LTAs strengthen earnings visibility and support structurally higher ROE….

Read More “[Research] SK hynix (000660 / SKHY) – Mirae Asset | AI Data Center Backlogs · LTA · Earnings Visibility / 2026-05-11” »

Brokerage : Kiwoom Securities Analyst : Yuak Park Investment Rating : BUY (Maintained) Target Price : KRW 330,000 (Upgraded) Core Momentum : Target price raised based on an earnings surge driven by steep commodity memory price hikes pointing toward 2Q26 operating profit of KRW 100T, non-memory turnaround, and market share gains in HBM4 and eSSD….

Read More “[Research] Samsung Electronics (005930) – Kiwoom | 2Q26 OP KRW 100T · Memory Price Surge · Non-Memory Turnaround / 2026-05-11” »

Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : KRW 400,000 (Maintained) Core Momentum : Long-term business visibility and sustained structural ROE expansion driven by a surge in AI datacenter backlogs, expanding long-term supply agreements (LTAs), and elevated memory pricing. 📊 1. [Valuation & Key Financial Metrics]…

Read More “[Research] Samsung Electronics (005930) – Mirae Asset | LTA Execution Visibility · AI Backlog Surge · Earnings Stability / 2026-05-11” »

Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : KRW 2,700,000 (Upgraded) Core Momentum : Accelerating server CPU demand from the shift toward inference and agentic AI is expected to expand conventional DRAM demand, while HBM customer diversification and second-half HBM4 shipments support sustained…

Read More “[Research] SK hynix (000660 / SKHY) – Mirae Asset | Server CPU Demand · HBM Diversification · HBM4 / 2026-05-07” »

Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : KRW 400,000 (Upgraded) Core Momentum : Valuation discount removal driven by upward revaluation of the Foundry business backed by 4nm/2nm datacenter chip order wins, alongside accelerating HBM3E/HBM4 revenue growth from global big tech demand. 📊 1. [Valuation &…

Read More “[Research] Samsung Electronics (005930) – Mirae Asset | Foundry Value Upgrade · Advanced Node Wins · HBM Revenue Surge / 2026-05-07” »

Brokerage : Mirae Asset Securities Analyst : Junseo Park (park.junseo@miraeasset.com) Investment Rating : BUY (Maintained) Target Price : KRW 1,300,000 (Raised) Core Momentum : Full-scale earnings expansion and valuation re-rating driven by a ~KRW 3 Trillion FC-BGA CAPEX program backed by client prepayments/price guarantees, +13% FC-BGA ASP increases in 2026, and shifting valuation base to…

Read More “[Research] Samsung Electro-Mechanics (009150) – Mirae Asset Securities | FC-BGA CAPEX Expansion · Price Hikes · 2028F Forward Valuation / 2026-05-06” »

Brokerage : Kyobo Securities Analyst : Boyoung Choi Investment Rating : BUY (Maintained) Target Price : KRW 330,000 (Upgraded) Core Momentum : Comprehensive memory supply shortages across commodity and enterprise products combined with accelerating HBM4 12-layer shipments and 1c-nm node transitions strengthen forward earnings visibility and structural profitability. 📊 1. [Valuation & Key Financial Metrics]…

Read More “[Research] Samsung Electronics (005930) – Kyobo | Memory Shortage · HBM4 Volume Ramp · Target Price Upgrade / 2026-05-06” »

Brokerage : iM Securities Analyst : Eui-young Ko, Jung-ha Park (IT RA) Investment Rating : Buy (Maintained) Target Price : KRW 1,100,000 (Raised) Core Momentum : Structural business model transformation and profitability growth driven by expanding Long-Term Agreements (LTA) and product mix enrichment for AI data centers and server/network applications 📊 1. [Valuation & Key…

Read More “[Research] Samsung Electro-Mechanics (009150) – iM Securities | LTA · AI Server · Business Model Shift / 2026-05-04” »