Category: RESEARCH

Brokerage : Kyobo Securities Analyst : Bo-young Choi Investment Rating : BUY (Maintained) Target Price : KRW 360,000 (Raised) Core Momentum : Upward revisions to target price driven by 4Q25 earnings beat, surging AI server MLCC demand, and corporate restructuring centered on high-end/large-area FC-BGA expansions 📊 1. [Valuation & Key Financial Metrics] 🚀 2. [Market…

Read More “[Research] Samsung Electro-Mechanics (009150) – Kyobo Securities | 4Q25 Review · AI Server MLCC · FC-BGA Expansion / 2026-01-26” »

Brokerage : DS Investment & Securities Analyst : Dae-hyung Cho Investment Rating : BUY (Maintained) Target Price : KRW 350,000 (Raised) Core Momentum : Upward revisions to 2026 earnings projections driven by 4Q25 earnings beat, AI MLCC shortages from rack-scale server adoption, and expected full capacity utilization in FC-BGA in 2H26 📊 1. [Valuation &…

Read More “[Research] Samsung Electro-Mechanics (009150) – DS Investment & Securities | 4Q25 Review · MLCC Shortage · FC-BGA Full Capa / 2026-01-26” »

Brokerage : Mirae Asset Securities Analyst : Jun-seo Park Investment Rating : BUY (Maintained) Target Price : KRW 360,000 (Raised) Core Momentum : Synchronized valuation re-rating and structural margin expansion projected on the back of IT set makers shifting toward annual MLCC Long-Term Agreements (LTAs) and FC-BGA entering a seller’s market driven by expanding AI…

Read More “[Research] Samsung Electro-Mechanics (009150) – Mirae Asset Securities | Long-Term Agreement · MLCC & FC-BGA Re-rating · Seller’s Market / 2026-01-21” »

Market: KOSPI (000660) Brokerage : Eugene Investment & Securities Analyst : Sojung Yim Investment Rating : BUY (Maintained) Target Price : 990,000 KRW (Raised) Core Momentum : Diversification of AI computing architectures across GPUs, CPUs, and ASIC accelerators is expected to structurally expand high-end memory demand centered on HBM, supporting industry-leading profitability and a sustained…

Read More “[Research] SK hynix (000660 / SKHY) – Eugene Investment | HBM Demand · AI Accelerator Diversification · Profitability / 2026-01-21” »

Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim (RA: Sehoon Jung) Investment Rating : BUY Target Price : 956,000 KRW (Raised) Core Momentum : Extreme DRAM supply-demand imbalances and strong purchasing capacity from big-tech customers are expected to sustain historically elevated pricing, driving substantial ASP growth and upward revisions to 2026…

Read More “[Research] SK hynix (000660 / SKHY) – Mirae Asset | DRAM Pricing · Big Tech Demand · Earnings Upgrades / 2026-01-19” »

Market: KOSPI (000660) Brokerage : Hana Securities Analyst : Rok-Ho Kim (RA: Myeonggyu Kim) Investment Rating : BUY (Maintained) Target Price : 1,120,000 KRW (Raised) Core Momentum : Intensifying memory supply shortages and robust server demand are expected to sustain DRAM and NAND price increases, while multi-year supply contracts and expanding HBM4 shipments strengthen earnings…

Read More “[Research] SK hynix (000660 / SKHY) – Hana | Memory Pricing · Long-Term Contracts · HBM4 / 2026-01-14” »

Market: KOSPI (000660) Brokerage : Kiwoom Securities Analyst : Yuak Park Investment Rating : BUY (Maintain) Target Price : 880,000 KRW (Raised) Core Momentum : Sharp NAND price increases and higher fab utilization are expected to drive a substantial recovery in NAND profitability, while tight commodity DRAM supply strengthens overall pricing power and supports significant…

Read More “[Research] SK hynix (000660 / SKHY) – Kiwoom | NAND Pricing · Fab Utilization · Earnings Upgrades / 2026-01-07” »

Brokerage : iM Securities Analyst : Eui-young Ko Investment Rating : Buy (Maintained) Target Price : KRW 350,000 (Raised) Core Momentum : Earnings sustainability and valuation re-rating projected on the back of duopoly dominance in AI server MLCCs, aggressive product mix optimization toward high-margin lines, and unpriced growth potential in Physical AI (autonomous driving, robotics)…

Read More “[Research] Samsung Electro-Mechanics (009150) – iM Securities | Valuation Multiples · Structural Upcycle · Physical AI / 2026-01-05” »

Market: KOSPI (000660) Brokerage : Shinhan Securities Analyst : Hyungtae Kim (RA: Hyesus Song) Investment Rating : BUY (Maintained) Target Price : 860,000 KRW (Raised) Core Momentum : Intensifying commodity DRAM supply shortages and low channel inventories are expected to sustain supplier pricing power, while an extended HBM3E cycle and rising ASIC adoption support continued…

Read More “[Research] SK hynix (000660 / SKHY) – Shinhan | DRAM Supply Shortage · Supplier Pricing Power · HBM3E / 2026-01-05” »

Market: KOSPI (000660) Brokerage : Daishin Securities Analyst : Hyeongkeun Ryu (RA: Jiwon Seo) Investment Rating : BUY (Maintained) Target Price : 840,000 KRW (Raised) Core Momentum : HBM4 commercialization and severe commodity memory supply shortages are expected to drive record earnings through the combined strength of HBM and conventional DRAM, while ADR and SPC…

Read More “[Research] SK hynix (000660 / SKHY) – Daishin | HBM4 · Memory Supply Shortage · Shareholder Returns / 2026-01-02” »