Category: RESEARCH

Brokerage : Eugene Investment & Securities Analyst : Seungwoo Lee Investment Rating : STRONG BUY (Maintained) Target Price : KRW 560,000 (Maintained) Core Momentum : Strong memory outperformance and structural earnings sustainability driven by proactive HBM4 ramp-up and large-scale rolling long-term agreements (LTA) 📊 1. [Valuation & Key Financial Metrics] 🚀 2. [Market Opportunities &…

Read More “[Research] Samsung Electronics (005930) – Eugene Investment & Securities | HBM4 · LTA · Memory Outperformance / 2026-07-31” »

Brokerage : Shinhan Securities Analyst : Hyoungtae Kim (Senior Analyst), Hyesoo Song (Analyst) Investment Rating : BUY (Maintained) Target Price : KRW 450,000 (Lowered) Core Momentum : Shareholder return execution backed by an estimated KRW 250 Trillion in FCF, LTA expansion with five major CSPs, and growth potential from HBM-foundry turnkey solutions 📊 1. [Valuation…

Read More “[Research] Samsung Electronics (005930) – Shinhan Securities | Shareholder Return · 5-Year LTA · Turnkey Solution / 2026-07-31” »

Brokerage : IBK Investment & Securities Analyst : Unoki Kim Investment Rating : BUY (Maintained) Target Price : KRW 460,000 (Maintained) Core Momentum : Record quarterly operating profit expansion led by the DS division, supported by persistent memory supply shortages through 2028, data center LTAs, and the 3Q ramp of HBM4 📊 1. [Valuation &…

Read More “[Research] Samsung Electronics (005930) – IBK Investment & Securities | DS Earnings · Datacenter LTA · HBM4 Ramp / 2026-07-31” »

Brokerage : Daishin Securities Analyst : Hyungkeun Ryu Investment Rating : BUY (Maintained) Target Price : KRW 560,000 (Maintained) Core Momentum : Memory profit leverage via strategic pricing and enforceable LTAs, enhanced early foundry breakeven visibility from the Broadcom collaboration and 2nm progress, and anticipated updates to shareholder return policies 📊 1. [Valuation & Key…

Read More “[Research] Samsung Electronics (005930) – Daishin Securities | Strategic Pricing · Foundry Breakeven · Shareholder Return / 2026-07-31” »

Brokerage : Hana Securities Analyst : Rokho Kim Investment Rating : BUY (Maintained) Target Price : KRW 480,000 (Maintained) Core Momentum : Long-term earnings floor secured via 5-year LTAs with top data center clients, combined with foundry profitability improvements and upcoming 2027 HBM contract negotiations 📊 1. [Valuation & Key Financial Metrics] 🚀 2. [Market…

Read More “[Research] Samsung Electronics (005930) – Hana Securities | Structural Shift · 5-Year LTA · Foundry Turnaround / 2026-07-31” »

Brokerage : Hanwha Investment & Securities Analyst : Junyoung Park (Analyst), Nau Kim (RA) Investment Rating : Buy (Maintained) Target Price : KRW 580,000 (Maintained) Core Momentum : Value recovery and earnings sustainability expected from enforceable 5-year LTAs covering 60–70% of Capa, industry-leading HBM4 pricing, and upcoming shareholder return details 📊 1. [Valuation & Key…

Read More “[Research] Samsung Electronics (005930) – Hanwha Investment & Securities | 5-Year LTA · HBM4 Pricing · Shareholder Return / 2026-07-31” »

Brokerage : Kyobo Securities Analyst : Boyoung Choi Investment Rating : Buy (Maintained) Target Price : KRW 500,000 (Maintained) Core Momentum : Extended industry visibility supported by 5-year LTAs and long supply lead times, with simultaneous HBM4 market share gains and conventional DRAM shortages enhancing earnings sustainability 📊 1. [Valuation & Key Financial Metrics] 🚀…

Read More “[Research] Samsung Electronics (005930) – Kyobo Securities | HBM4 Share · 5-Year LTA · Earnings Sustainability / 2026-07-31” »

Brokerage : Hyundai Motor Securities Analyst : Greg Noh (Analyst), Gayoung Yoon (RA) Investment Rating : BUY (Maintained) Target Price : KRW 440,000 (Maintained) Core Momentum : Market share gains driven by HBM4 shipments to major accelerator clients alongside upward revisions in DRAM ASP and continued AIDC Capex expected from major CSPs 📊 1. [Valuation…

Read More “[Research] Samsung Electronics (005930) – Hyundai Motor Securities | HBM4 Share · AIDC Capex · DRAM ASP / 2026-07-31” »

Market: KOSPI (000660) Brokerage : SK Securities Analyst : Donghee Han Investment Rating : BUY (Maintain) Target Price : KRW 4,000,000 (Maintain) Core Momentum : Persistently low inventories and sub-70% demand fulfillment are expected to sustain tight memory supply-demand conditions, while LTAs enhance earnings visibility and durability and the anticipated rollout of shareholder returns supports…

Read More “[Research] SK hynix (000660 / SKHY) – SK Securities | Supply Tightness · LTA · Shareholder Returns / 2026-07-30” »

Market: KOSPI (000660) Brokerage : Kiwoom Securities Analyst : Yuak Park Investment Rating : BUY (Upgrade) Target Price : KRW 2,200,000 (Lowered) Core Momentum : Stronger commodity DRAM and NAND pricing and normalized HBM4 shipments are expected to drive a sharp Q3 earnings rebound, while the share-price correction has created valuation appeal against the brokerage’s…

Read More “[Research] SK hynix (000660 / SKHY) – Kiwoom | Commodity Memory Pricing · HBM4 · Valuation Appeal / 2026-07-30” »