SK Hynix2026-07-13 03:31:58Analyst Cuts SK Hynix Q2 2026 Profit View but Keeps Long-Term Growth OutlookCitrini analyst jukan said in a post on X that KIS Semicon analyst Minsook Chae now expects SK Hynix to post operating profit of KRW 60.4 trillion in the second quarter of 2026. That would be up 61% quarter over quarter and 556% from a year earlier, but still 8% below the market consensus of KRW 65 trillion. Chae linked the lower estimate to SK Hynix’s higher share of HBM sales versus peers, weaker-than-expected price gains in conventional DRAM, and the stabilizing effect of long-term agreements, or LTAs, on average selling prices. The analyst cut the forecast for blended DRAM ASP growth in Q2 2026 to 28.9% from 50.0%, and lowered commodity DRAM ASP growth to 34.2% from 60.6%. Chae said blended ASP growth could return to around the market-average sequential level of 10% once HBM4 enters mass production in the third quarter of 2026. The analyst added that the revision should not be read as a signal of an industry downturn, describing it instead as a more realistic reflection of the three- to five-year LTA structure. On that basis, Chae still expects stable long-term earnings expansion, with operating profit growth for fiscal 2026 through 2028 projected at 419%, 53%, and 19%, respectively.1520
SK Hynix2026-07-13 02:13:42KIS cuts SK Hynix operating profit forecasts for 2026 and 2027, keeps target price unchangedKorea Investment Securities (KIS) lowered its operating profit forecasts for SK Hynix for 2026 and 2027 by 9% and 11%, respectively, while keeping its target price unchanged at KRW 3.8 million. According to the market note cited by BlockBeats, the revision was tied to a reassessment of long-term supply contract pricing rather than weaker demand. KIS said demand for high-bandwidth memory, or HBM, remains strong, particularly as AI server and GPU supply chains continue to expand. The firm estimated SK Hynix’s second-quarter revenue at about KRW 80.9 trillion and operating profit at roughly KRW 60.4 trillion, implying an operating margin close to 75%, still near historical highs. KIS argued the issue is not whether SK Hynix can make money, but whether it can earn as much as the market had previously assumed. The brokerage also expects the memory industry over the next three to five years to rely more heavily on long-term contracts, which can secure customers, capacity and cash flow but may also limit producers’ ability to fully capture upside from spot price spikes in DRAM and HBM.1290
SK Hynix2026-07-13 00:45:08Citrini analyst says SK Hynix operating profit seen at KRW 60.4 trillion, 8% below consensusCitrini analyst jukan said in a post on X that local South Korean brokerages expect SK Hynix to post operating profit of KRW 60.4 trillion. The figure would represent 61% quarter-over-quarter growth and 556% year-over-year growth. Even so, it would still come in 8% below the market consensus estimate of KRW 65 trillion. According to jukan, the shortfall is mainly tied to SK Hynix having a higher share of HBM revenue than its peers, which led to a smaller increase in average selling prices than the broader market average. The comments were cited by Odaily in a market analysis brief.1240
Samsung Elect2026-07-06 03:02:58Samsung 2026 Operating Profit Could Reach KRW 300 Trillion, Surpassing 40 Years of Chip EarningsSamsung Electronics may be headed for a record-setting year in profitability, according to comments cited by Citrini analyst jukan on X and attributed to Korean media reports. The reports said Kim Yong-kwan, president of Samsung Electronics’ Device Solutions division and head of business strategy, told a full management meeting of the DS division on July 3 that this year’s operating profit is expected to come in line with market consensus. Korean brokerages reportedly estimate Samsung’s 2026 operating profit at around KRW 300 trillion, or roughly $200 billion. Kim was also said to have remarked that profit generated in this single year alone could exceed the company’s cumulative profit from its semiconductor business over the past 40 years. While the figures remain based on media reporting and market estimates rather than finalized earnings, the statement underscores how sharply expectations for Samsung’s chip-related profitability have risen.1230
