Corporate Logo(source: skhynix.com)
SK Hynix (000660) surged to a new intraday record on November 3, edging closer to the 600,000-won mark, after Japanese investment bank Nomura raised its price target to 840,000 won, fueling strong buying sentiment.
As of 9:36 a.m., the stock was trading at 589,000 won, up 5.37% from the previous session, after climbing as high as 593,000 won earlier in the session — a new 52-week high.
Investor confidence strengthened following reports that Nomura had sharply lifted its target price for SK Hynix.
Nomura projected that SK Hynix’s operating profit next year will surpass that of TSMC, the world’s largest semiconductor foundry, and that the gap will widen further by 2027.
The firm raised its forecasts for SK Hynix’s operating profit by 38% for 2025 and 46% for 2027, estimating 99 trillion won and 128 trillion won, respectively. It also hiked its target price from 540,000 won to 840,000 won, a more than 55% increase — the highest target among both domestic and global brokerages.
*[KOSPI] SK hynix(000660) is the second-largest company on the KOSPI specializing in memory semiconductors such as DRAM, NAND flash, and MCP. The market capitalization is 406.953 trillion won (as of October 31, 2025, closing price).
Corporate Logo(source: skhynix.com)
SK Hynix (000660) surged to a new intraday record on November 3, edging closer to the 600,000-won mark, after Japanese investment bank Nomura raised its price target to 840,000 won, fueling strong buying sentiment.
As of 9:36 a.m., the stock was trading at 589,000 won, up 5.37% from the previous session, after climbing as high as 593,000 won earlier in the session — a new 52-week high.
Investor confidence strengthened following reports that Nomura had sharply lifted its target price for SK Hynix.
Nomura projected that SK Hynix’s operating profit next year will surpass that of TSMC, the world’s largest semiconductor foundry, and that the gap will widen further by 2027.
The firm raised its forecasts for SK Hynix’s operating profit by 38% for 2025 and 46% for 2027, estimating 99 trillion won and 128 trillion won, respectively. It also hiked its target price from 540,000 won to 840,000 won, a more than 55% increase — the highest target among both domestic and global brokerages.
*[KOSPI] SK hynix(000660) is the second-largest company on the KOSPI specializing in memory semiconductors such as DRAM, NAND flash, and MCP. The market capitalization is 406.953 trillion won (as of October 31, 2025, closing price).