Category: RESEARCH

Brokerage : Mirae Asset Securities (Analyst: Younggun Kim) Investment Rating : Buy (Maintained) Target Price : KRW 550,000 (Maintained) Core Momentum : Earnings and share price outlook supported by HBM4 price upside, conventional DRAM supply constraints stemming from HBM capacity allocation, and the necessity of additional treasury share buybacks for incentive compensation 📊 1. [Valuation…

Read More “[Research] Samsung Electronics (005930) – Mirae Asset Securities | HBM4 Pricing · Conventional Supply Constraints · Treasury Share Buyback / 2026-07-07” »

Brokerage : Daishin Securities Analyst : Hyungkeun Ryu Investment Rating : BUY (Maintained) Target Price : KRW 560,000 (Maintained) Core Momentum : Solid memory earnings resilience confirmed despite large-scale bonus provisions, supported by strong 2027 HBM ASP expansion and the resumption of share buybacks 📊 1. [Valuation & Key Financial Metrics] 🚀 2. [Market Opportunities…

Read More “[Research] Samsung Electronics (005930) – Daishin Securities | Memory Earnings Power · HBM Pricing · Share Buyback / 2026-07-07” »

Brokerage : Mirae Asset Securities Analyst : Junseo Park (park.junseo@miraeasset.com) Investment Rating : BUY (Maintained) Target Price : KRW 2,800,000 (Maintained) Core Momentum : Secured supplier pricing power and upward earnings revisions driven by acute capacity cannibalization from AI MLCCs and structural shifts toward 1-year fixed LTAs 📊 1. [Valuation & Key Financial Metrics] 🚀…

Read More “[Research] Samsung Electro-Mechanics (009150) – Mirae Asset Securities | Capacity Cannibalization · 1-Year LTA · Pricing Power / 2026-07-06” »

Brokerage : Kyobo Securities Analyst : Boyoung Choi (20190031@iprovest.com) Investment Rating : Buy (Maintained) Target Price : KRW 3,000,000 (Raised) Core Momentum : Operating leverage and multi-year upward earnings revisions driven by ASP increases and product mix upgrades across AI server ultra-compact high-capacitance MLCCs and FCBGA substrates 📊 1. [Valuation & Key Financial Metrics] 🚀…

Read More “[Research] Samsung Electro-Mechanics (009150) – Kyobo Securities | AI MLCC Shortage · FCBGA ASP Increase · Earnings Upward Revision / 2026-07-06” »

Brokerage : Eugene Investment & Securities (Analyst: Seungwoo Lee) Investment Rating : STRONG BUY (Maintained) Target Price : KRW 560,000 (Maintained) Core Momentum : Multi-year earnings and valuation momentum driven by memory inventory build-up competition, potential LTA contracts with datacenter hyperscalers, and expectations for 50% FCF shareholder returns 📊 1. [Valuation & Key Financial Metrics]…

Read More “[Research] Samsung Electronics (005930) – Eugene Investment & Securities | Memory Pricing Power · LTA Negotiations · Shareholder Return Outlook / 2026-07-06” »

Brokerage : Shinhan Securities Analyst : Kangho Oh (snowkh@shinhan.com) Investment Rating : BUY (Maintained) Target Price : KRW 3,000,000 (Raised) Core Momentum : Full-scale earnings expansion and valuation re-rating driven by large-scale orders across silicon capacitors and MLCCs alongside high capacity utilization exceeding 90% 📊 1. [Valuation & Key Financial Metrics] 🚀 2. [Market Opportunities…

Read More “[Research] Samsung Electro-Mechanics (009150) – Shinhan Securities | High-Value Order Expansion · Valuation Re-rating · Capacity Utilization / 2026-07-02” »

Brokerage : iM Securities Analyst : Eui-young Ko (IT RA: Jeongha Park) Investment Rating : Buy (Maintained) Target Price : KRW 3,000,000 (Raised) Core Momentum : Structural business transformation from Just-in-Time commodities to LTA-based specialty components and multi-year valuation re-rating driven by severe AI server capacity cannibalization 📊 1. [Valuation & Key Financial Metrics] 🚀…

Read More “[Research] Samsung Electro-Mechanics (009150) – iM Securities | LTA Transition · Specialty MLCC · Valuation Re-rating / 2026-07-01” »

Brokerage : Hana Securities Analyst : Kim Min-kyung (minkyung.kim@hanafn.com) Investment Rating : BUY (Maintained) Target Price : KRW 3,000,000 (Raised) Core Momentum : Steep multi-year earnings growth through 2028 driven by acute supply shortages and strengthened pricing power in AI data center MLCCs and FCBGA substrates 📊 1. [Valuation & Key Financial Metrics] 🚀 2….

Read More “[Research] Samsung Electro-Mechanics (009150) – Hana Securities | AI MLCC Shortage · FCBGA Pricing Power · Valuation Premium / 2026-07-01” »

Market: KOSPI (000660) Brokerage : Kyobo Securities Analyst : Choi Bo-young Investment Rating : BUY (Maintained) Target Price : KRW 4,000,000 (Upgraded) Core Momentum : Expanding agentic AI adoption is expected to broaden DRAM and NAND demand amid structural supply deficits, while dominant HBM3e and HBM4 market positions strengthen the high-value product mix and sustain…

Read More “[Research] SK hynix (000660 / SKHY) – Kyobo | Agentic AI · HBM Market Share · Earnings Growth / 2026-07-01” »

Brokerage : Kyobo Securities (Analyst: Boyoung Choi) Investment Rating : Buy (Maintained) Target Price : KRW 500,000 (Upgraded) Core Momentum : Earnings momentum expected to accelerate driven by sharp price increases in commodity DRAM and NAND, the initial supply rollout of HBM4 to NVIDIA, and narrowing non-memory losses 📊 1. [Valuation & Key Financial Metrics]…

Read More “[Research] Samsung Electronics (005930) – Kyobo Securities | Memory Price Surge · HBM4 Supply Launch · Target Price Upgrade / 2026-07-01” »