SK hynix reported a 58% drop in net profit in Q3 due to valuation and foreign-exchange losses, causing its US-listed shares to fall 10.3%. Despite this, the company achieved record operating margins of 80% and strong revenue growth of 328% year-over-year. SK hynix trades at about 5 times annualized earnings and holds $74 billion in net cash, with over half its 2027-2028 capacity already contracted. Analysts suggest buying now and adding more if shares dip further, especially ahead of Nvidia's November 17 report.
SK Hynix trades at USD 123.64 on Pluang, down 2.91% as of Nov 09, 2026 15:31 WIB. Despite the recent profit drop reported in the news, the stock maintains a large market cap of $587.67 billion and a typical hold time of 19 days on the platform. This positions SK Hynix as a significant player in the technology sector for Pluang investors.
An analyst continues to rate SK hynix as a strong buy with a price target of $294, based on forward earnings estimates and comparisons to Micron's historical averages. The model predicts a forward non-GAAP EPS of $19.57 and a P/E multiple of 15x, bot...
An analyst recommends holding shares of Micron Technology and SK hynix, as the relative advantages between the two have evened out. The memory market shows slowing growth in DRAM and a shift in NAND pricing momentum, making current dips unattractive ...
