Corporate Logo(source: hanmisemi.com)
Hanmi Semiconductor (042700) turned lower on November 4 after a sharp one-month rally of nearly 49%, as investors took profits following a downgrade from JPMorgan, which cut its price target citing weaker earnings.
As of 11:06 a.m., the stock was trading at 140,900 won, down 700 won (0.49%) from the previous session. Earlier in the session, shares briefly rose to 148,900 won, but reversed course as Samsung Electronics (005930) and SK Hynix (000660) deepened their losses.
JPMorgan’s downgrade weighed on sentiment after the brokerage lowered its price target for Hanmi Semiconductor from 160,000 won to 150,000 won, maintaining a “Neutral” rating. The cut followed the company’s weaker-than-expected third-quarter earnings.
On October 31, Hanmi Semiconductor reported an operating profit of 67.8 billion won for the third quarter, down 31.7% year-on-year. JPMorgan also revised its earnings estimates, reducing its 2025 earnings per share (EPS) forecast from 2,787 won to 2,589 won, and its 2026 EPS estimate from 5,331 won to 4,488 won.
The brokerage noted, “Hanmi Semiconductor’s stock has surged 63% over the past three months, limiting further upside potential,” adding that “valuation attractiveness is expected to emerge around the 120,000–130,000 won range.”
*[KOSPI] Hanmi Semiconductor(042700) is a global semiconductor equipment company and the market leader in the global MSVP market. Its market capitalization is 13.505 trillion won (as of November 3, 2025, closing price).
Corporate Logo(source: hanmisemi.com)
Hanmi Semiconductor (042700) turned lower on November 4 after a sharp one-month rally of nearly 49%, as investors took profits following a downgrade from JPMorgan, which cut its price target citing weaker earnings.
As of 11:06 a.m., the stock was trading at 140,900 won, down 700 won (0.49%) from the previous session. Earlier in the session, shares briefly rose to 148,900 won, but reversed course as Samsung Electronics (005930) and SK Hynix (000660) deepened their losses.
JPMorgan’s downgrade weighed on sentiment after the brokerage lowered its price target for Hanmi Semiconductor from 160,000 won to 150,000 won, maintaining a “Neutral” rating. The cut followed the company’s weaker-than-expected third-quarter earnings.
On October 31, Hanmi Semiconductor reported an operating profit of 67.8 billion won for the third quarter, down 31.7% year-on-year. JPMorgan also revised its earnings estimates, reducing its 2025 earnings per share (EPS) forecast from 2,787 won to 2,589 won, and its 2026 EPS estimate from 5,331 won to 4,488 won.
The brokerage noted, “Hanmi Semiconductor’s stock has surged 63% over the past three months, limiting further upside potential,” adding that “valuation attractiveness is expected to emerge around the 120,000–130,000 won range.”
*[KOSPI] Hanmi Semiconductor(042700) is a global semiconductor equipment company and the market leader in the global MSVP market. Its market capitalization is 13.505 trillion won (as of November 3, 2025, closing price).