High2026-10-29Short term · Leans positiveLonger term · Leans positive

JPMorgan, Goldman Lift SK Hynix Targets; Q3 Beat Confirms Upcycle

JPMorgan raised its SK Hynix target to 2.9 million won, while Goldman said the Q3 beat should drive further EPS upgrades. Both banks see the strong results confirming a 'higher-for-longer' memory upcycle, supporting earnings expectations and valuation.

Impact assessments are model-generated from public coverage, for reference only and not investment advice.

Related coverage · 2 related reports

Yahoo 財經 · 10-29 17:50 KST
JPMorgan lifts SK Hynix target to 2.9M won, Q3 beat confirms 'higher-for-longer' cycle
JPMorgan raised its SK Hynix target price to 2.9 million won, saying Q3 results significantly beat expectations and confirming the memory industry has entered a 'higher-for-longer' upcycle. The upgrade and target hike send a strong bullish signal, supportive of further stock upside.
Yahoo 財經 · 10-29 17:46 KST
Goldman: SK Hynix Q3 beat to drive further EPS upgrades
Goldman Sachs noted SK Hynix's Q3 results beat expectations and expects further upward revisions to consensus EPS estimates. The earnings upgrade expectation reinforces the bullish fundamental case, acting as a positive catalyst for the stock and supporting continued valuation recovery.