SK hynix reported a strong Q3 with inventory turnover hitting a 3-year high of 4.8x and accounts receivable up 321% year-over-year, signaling robust memory demand. Capital expenditure rose 265% to $9.3 billion but is supported by solid cash flow and a healthy cash position. The company's valuation remains attractive at a 2.57x forward EV/sales ratio, below sector averages, despite cyclical risks. This positions SK hynix as a buy according to Envision Research.
SK Hynix shares trade at USD 152.93 on Pluang as of Nov 02, 2026 21:51 WIB, up 2.48% for the day. This price is closer to the 52-week low of USD 126.79 than the high of USD 198.63, highlighting room for growth compared to its recent peak. The stock's market cap stands at $746.23 billion, reflecting significant scale in the technology sector amid its strong Q3 performance.
SK hynix maintains a Buy rating due to robust earnings, record operating margins, and strong long-term demand visibility. Its DRAM and HBM production volumes are effectively sold out through 2029, with long-term agreements securing over half of the 2...
Memory chip stocks, including Sandisk and Micron, fell about 5% after Samsung Electronics missed profit expectations despite strong AI chip demand. Samsung's quarterly net profit was below estimates, causing a sell-off in memory stocks ahead of Sandi...
SK hynix reported record earnings for Q3, highlighting its strong profitability driven by AI-related memory demand and tight supply of HBM chips. The company’s long-term supply deals enhance revenue predictability, while substantial buybacks and divi...
SK hynix experienced a 25% share price decline in October, but its strong Q3 earnings showed continued revenue growth, a healthy balance sheet, and free cash flow generation. The Q3 earnings miss was due to one-time losses from foreign exchange and i...
SK Hynix reported better-than-expected earnings, pushing its shares up over 13% and lifting other AI chip stocks like Micron and AMD. The company’s strong revenue, high gross margins, and optimistic shipment growth outlook highlight sustained demand ...
