Analyst: SK Hynix Q3 Profit May Miss Estimates, but Earnings Trajectory Remains Solid

On September 7, DB Financial Investment analyst Seungyeon Seo stated that although SK Hynix's third-quarter operating profit may fall short of market expectations due to unfavorable exchange rate factors, its earnings trajectory remains solid. The analyst projects SK Hynix's July-September quarterly operating profit at 76.535 trillion won, below the market consensus of 79.948 trillion won, as a stronger won could weigh on dollar-denominated earnings.

However, the company is expected to maintain solid earnings growth in 2026 and 2027, driven by robust shipments of HBM4 products for AI data servers. Amid tight global AI chip supply, HBM4 prices are projected to rise 70% year-on-year in 2027. (Jin Shi)

[TechFlow]