SK hynix (NASDAQ:SKHY) Price Target Raised to $400.00

SK hynix (NASDAQ:SKHY) had its target price lifted by Rosenblatt Securities from $320.00 to $400.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the memory chip maker’s stock.

SKHY has been the subject of a number of other research reports. Weiss Ratings began coverage on shares of SK hynix in a research report on Friday, October 2nd. They set a “hold (c)” rating for the company. William Blair assumed coverage on shares of SK hynix in a report on Tuesday, August 4th. They set an “outperform” rating for the company. Wolfe Research restated an “outperform” rating and issued a $250.00 price target on shares of SK hynix in a research report on Wednesday, September 23rd. Royal Bank Of Canada assumed coverage on shares of SK hynix in a research report on Tuesday, August 4th. They issued an “outperform” rating and a $200.00 price target on the stock. Finally, Singular Research raised shares of SK hynix to a “strong-buy” rating in a report on Friday, July 10th. Four equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $247.80.

SK hynix Trading Down 7.9%

SK hynix stock opened at $149.21 on Wednesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.59 and a quick ratio of 2.29. The business’s fifty day moving average is $168.89. SK hynix has a 52-week low of $124.80 and a 52-week high of $199.87.

SK hynix (NASDAQ:SKHY) last issued its quarterly earnings data on Wednesday, October 28th. The memory chip maker reported $3.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.96 by ($2.12). The business had revenue of $73.86 billion during the quarter, compared to the consensus estimate of $66.41 billion. On average, equities research analysts predict that SK hynix will post 25.83 EPS for the current year.

Institutional Trading of SK hynix

Several large investors have recently made changes to their positions in SKHY. Brooklands Fund Management Ltd acquired a new stake in shares of SK hynix in the third quarter valued at $46,145,000. Lancaster Investment Management bought a new position in shares of SK hynix in the third quarter valued at about $34,103,000. Asset Management One Co. Ltd. bought a new position in shares of SK hynix in the third quarter valued at about $21,554,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in SK hynix during the 3rd quarter worth about $18,543,000. Finally, Hillman Co. acquired a new position in SK hynix during the 3rd quarter worth about $11,530,000.

Trending Headlines about SK hynix

Here are the key news stories impacting SK hynix this week:

• Positive Sentiment: SK hynix reported exceptionally strong third-quarter results, supported by rising DRAM and NAND average selling prices, expanding margins and surging artificial-intelligence-related demand. Analysts characterized the quarter as a potential turning point for the broader memory industry. SK hynix: A Bargain For The Ages (Earnings Analysis)
• Positive Sentiment: Management indicated that available memory capacity is effectively sold out through 2029, reflecting sustained demand from AI infrastructure and data-center customers. The company is also accelerating HBM4 production and expanding capacity. SK Hynix Just Delivered Fantastic News for Micron
• Positive Sentiment: Long-term agreements reportedly cover more than half of planned 2027–2028 capacity, improving revenue visibility and reducing exposure to the memory industry’s usual cyclicality. Strong cash generation, shareholder returns and a net-cash position further support the investment case. SK hynix: Despite Their Premium To The Korean Shares, The U.S. ADRs Are A Bargain
• Positive Sentiment: RBC reaffirmed an Outperform rating, while Rosenblatt raised its price target. Other coverage continues to describe SKHY as undervalued relative to peers despite its superior growth and profitability. Royal Bank Of Canada Reaffirms Outperform Rating
• Neutral Sentiment: SK hynix denied reports of a confirmed plan for a major U.S. NAND plant by its Solidigm subsidiary, limiting speculation about additional capital spending. SK hynix Denies Confirmed Plan for Massive U.S. NAND Plant
• Negative Sentiment: The immediate catalyst for the decline is a broad technology sell-off following disappointing Amazon and Intel results. Weakness in Samsung, Micron and SanDisk has amplified pressure across the memory-chip sector, while some investors are questioning whether SKHY’s strong outlook is already reflected in its valuation. Why are Micron, SK Hynix, and SanDisk stocks falling on Friday?

About SK hynix

SK hynix Inc is a South Korean semiconductor company that develops and manufactures memory products and related semiconductor solutions. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives, and high-bandwidth memory (HBM) used in computing, artificial intelligence, data centers, smartphones, automotive systems, and other electronic devices.

The company serves customers globally through manufacturing, research, sales, and support operations in South Korea and other major technology markets.