Investment
Features
FeesSafety
Academy
More
Pluang+

SK hynix Q3 report expected with strong revenue growth and undervalued stock amid rising memory prices.

Analyst Insights
21 Oct 2026
Seeking Alpha
View Source
Bullish
SK hynix Q3 report expected with strong revenue growth and undervalued stock amid rising memory prices.

SK hynix Inc. is set to report its Q3 earnings on October 28, following Micron's recent results that indicated rising memory prices and demand. In Q2, SK hynix saw a 257% year-over-year revenue increase to KRW 79.3 trillion with a 76% operating margin, though DRAM prices were slightly below expectations. Analysts expect Q3 revenue of KRW 98.5 trillion and a 78% margin, but some estimates suggest it could exceed KRW 100 trillion. With a forward earnings multiple of about 5x and KRW 69.4 trillion in net cash, the stock appears undervalued despite governance risks, making it an attractive buy at current prices under $150 per share.

As of Oct 22, 2026 02:01 WIB, SK hynix (SKHY) shares trade at USD 141.88 on Pluang, up 1.49% in the last day with a market cap of $669.58 billion. Meanwhile, Micron Technology (MU) is priced at USD 911.35, gaining 1.71% recently. The Pluang order activity shows a majority selling interest in SKHY at 67%, contrasting with Micron's 56% buy activity, highlighting differing investor sentiment between these two memory chip giants.

More News (SKHY)

SK hynix remains a Buy despite 21% ADR drop amid AI-driven memory demand surge

SK hynix remains a Buy despite 21% ADR drop amid AI-driven memory demand surge

SK hynix Inc. is still considered a Buy despite its ADR falling 21% due to a sector-wide memory stock selloff influenced by macroeconomic concerns. The company is expected to benefit from a memory super cycle driven by rising AI infrastructure demand...

Analyst Insights
Bullish
1 day ago
SK hynix rated Buy with 67% undervaluation and strong Q2 margins ahead of Q3 earnings.

SK hynix rated Buy with 67% undervaluation and strong Q2 margins ahead of Q3 earnings.

SK hynix Inc. is rated a Buy due to a 67%+ undervaluation and strong operational momentum, highlighted by a Q2 EBIT margin of 76.3% driven by high-margin HBM4/DRAM shipments. Management anticipates accelerated DRAM average selling price growth and sh...

Company Fundamentals
Bullish
1 day ago
Memory chip stocks fall as Seoul selloff raises doubts on AI spending sustainability

Memory chip stocks fall as Seoul selloff raises doubts on AI spending sustainability

Memory chip stocks including SK Hynix, SanDisk, and Micron fell sharply after a selloff in Seoul revived concerns about the sustainability of AI-driven spending in data centers. SK Hynix dropped 4%, SanDisk 3%, and Micron 2%, reflecting worries that ...

Market News
Bearish
1 day ago
SK hynix Q3 revenue expected to soar 336% YoY on strong AI demand and supply constraints

SK hynix Q3 revenue expected to soar 336% YoY on strong AI demand and supply constraints

SK hynix is set to report a strong Q3 with expected revenue growth of 37% sequentially and 336% annually, driven by high memory demand and AI-related growth. Analysts forecast $6.25 adjusted EPS on $74.6 billion revenue, supported by supply constrain...

Company Fundamentals
Bullish
2 days ago
Memory chip stocks rebound as AI spending fears ease, with Micron up 4%, Sandisk 7%, and SK Hynix 5%.

Memory chip stocks rebound as AI spending fears ease, with Micron up 4%, Sandisk 7%, and SK Hynix 5%.

Memory chip stocks surged as concerns about AI spending faded, leading to a rebound in tech shares. Micron Technology rose 4% after reporting strong Q4 2026 results and forecasting higher revenue for fiscal Q1 2027, driven by high-bandwidth memory de...

Market News
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App