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<Research>HSBC Research Raises SK Hynix (000660.KS) TP to KRW1.8M, Maintains Buy
Driven by rising ASPs of DRAM and NAND, paired with factors such as the depreciation of the Korean won, SK Hynix (000660.KS) was expected to deliver exceptional earnings in 1Q, HSB...
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<Research>HSBC Research Raises SK Hynix (000660.KS) TP to KRW1.8M, Maintains Buy
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Driven by rising ASPs of DRAM and NAND, paired with factors such as the depreciation of the Korean won, SK Hynix (000660.KS) was expected to deliver exceptional earnings in 1Q, HSBC Global Investment Research said in its report.

The broker estimated that DRAM and NAND prices will keep increasing in 2Q, with QoQ growth of 28% and 25%, respectively, lifting the company's 2Q operating profit to another record high. Operating profit was projected to hike 37% QoQ, while revenue was expected to add 32% QoQ.

Related News M Stanley Raises SK Hynix TP to KRW2.6 million and Lifts EPS Forecasts
HSBC Research maintained Buy on SK Hynix and, based on improved earnings prospects, raised its TP from KRW1.5 million to KRW1.8 million. The broker also raised its operating profit forecasts for 2026/27 by 29%/ 32%.

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