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, both conservative compared to consensus and sector medians. Key risks include potential slowdowns in AI-related capital expenditures and the cyclical nature of the memory chip industry. Despite these risks, the analyst views SK hynix as undervalued and heavily discounted, presenting a compelling investment opportunity.
As of Nov 07, 2026 02:11 WIB, SK hynix trades at USD 127.10 on Pluang, which is near its 52-week low of USD 123.90 and well below its 52-week high of USD 198.63. Despite the analyst's strong buy rating and price target of $294, the stock remains heavily discounted in the market. The 1-day change of +2.58% shows some positive momentum, while the Pluang order activity is overwhelmingly bullish at 97% Buy.
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 ...
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 ...
