IBK keeps 4 million won target. SK Hynix stock gains 3.03 percent

Published on 10/09/2026 at 12:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IBK sees third-quarter revenue of KRW 95.80 trillion for SK Hynix. SK Hynix stock costs EUR 1,105.00 after EUR 1,072.50.

Key points in brief

IBK Investment and Securities maintained a KRW 4.00 million target and Buy rating on October 7, 2026.
SK Hynix reported second-quarter revenue of KRW 79.32 trillion and operating profit of KRW 60.54 trillion.
The stock was trading at EUR 1,105.00 at Lang and Schwarz on October 9, 2026, plus 3.03 percent versus EUR 1,072.50.

SK Hynix, US78392B1070, Illustration mit AI erstellt.

SK Hynix stock (ISIN US78392B1070) was trading at EUR 1,105.00 at Lang and Schwarz on October 9, 2026, plus 3.03 percent versus the prior close of EUR 1,072.50. On October 7, 2026, IBK Investment and Securities maintained its Buy rating and KRW 4.00 million target, according to Seoul Economic Daily.

IBK sees higher third-quarter profit

IBK projected third-quarter 2026 revenue of KRW 95.80 trillion and operating profit of KRW 75.10 trillion. Its forecast implied an operating margin of 78.40 percent, up 2.10 percentage points from the previous quarter, while the brokerage attributed the reduction from its earlier forecast to the won-dollar exchange rate.

The estimate gives investors a clear benchmark for the October reporting season. IBK also projected DRAM revenue of KRW 73.10 trillion and NAND revenue of KRW 22.40 trillion for the third quarter of 2026, according to Seoul Economic Daily.

Second-quarter figures set a high bar

SK Hynix reported second-quarter 2026 revenue of KRW 79.32 trillion and operating profit of KRW 60.54 trillion, according to Markets Insider. The company also began mass shipments of HBM4 during that period, strengthening its position in memory products used for artificial intelligence systems.

Revenue increased 257.00 percent year over year and operating profit rose 557.00 percent in the second quarter of 2026, according to TradingView. The comparison explains why the latest analyst debate centers on execution against elevated expectations rather than on demand alone.

Three milestones with figures

On July 29, 2026, SK Hynix reported second-quarter revenue of KRW 79.32 trillion and operating profit of KRW 60.54 trillion, as International Business Times Australia reported. On September 10, 2026, JP Morgan initiated coverage with an Overweight rating and a USD 245.00 target, according to Yahoo Finance. On October 7, 2026, IBK maintained its KRW 4.00 million target and Buy rating.

Next reporting date

Yahoo Finance lists SK Hynix's third-quarter 2026 earnings announcement for October 27, 2026, with a consensus earnings-per-share estimate of USD 6.25, according to Yahoo Finance.

EUR quote gains 3.03 percent

At Lang and Schwarz, SK Hynix was trading at EUR 1,105.00 on October 9, 2026 at 12:51 p.m. CEST, plus 3.03 percent versus the prior close of EUR 1,072.50. The euro quote and the company's Nasdaq listing reflect different market instruments and should not be combined into one currency comparison. The further course of trading is shown by the continuously updated real-time quote of SK Hynix stock.