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SK hynix rated Buy with 47% upside on 2027 HBM price surge potential

Analyst Insights
22 Oct 2026
Seeking Alpha
View Source
Bullish
SK hynix rated Buy with 47% upside on 2027 HBM price surge potential

SK hynix Inc. is rated Buy with a $211 price target, implying a 47% upside driven by expected 44–121% price increases in 2027 High Bandwidth Memory (HBM) contracts. The repricing of HBM is set to become SK hynix's main profit driver, especially through its partnership with Nvidia, which is well-positioned to benefit from this cycle. Samsung faces challenges due to a diluted share in lower-margin products. Key risks include potential changes in the American Depositary Receipt (ADR) premium and the outcome of HBM contract negotiations. SK hynix's Q3 earnings report is due on October 28, with investors closely watching these developments.

Following the news on SK hynix's potential price surge in AI memory by 2027, SKHY shares are currently trading at USD 135.73 on Pluang as of Oct 22, 2026 21:51 WIB, down 5.25% for the day. The stock's market cap stands at $712.14 billion, with a 52-week range between $126.79 and $198.63. Pluang investors show a selling bias with 67% of orders to sell versus 33% to buy, reflecting cautious sentiment ahead of the Q3 earnings report due on October 28.

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