Professional
Added to YB: 2025-07-18
Pitch date: 2025-07-17
000660.KS [neutral]
SK hynix Inc.
+111.94%
current return
Author Info
No bio for this author
Company Info
SK hynix Inc., together with its subsidiaries, engages in the manufacture, distribution, and sale of semiconductor products in Korea, China, rest of Asia, the United States, and Europe.
Market Cap
KRW 206.1T
Pitch Price
KRW 269.4K
Price Target
310.0K (-46%)
Dividend
N/A
EV/EBITDA
5.44
P/E
8.10
EV/Sales
3.05
Sector
Semiconductors and Semiconductor Equipment
Category
value
Goldman Downgrades SK hynix: Valuation Stretched as HBM Tailwinds Fade Post-2025
000660.KS (GS d/g): GS cuts to Neutral with ₩310k PT (5% upside). Despite HBM's long-term growth, 2026 oversupply expected to cause double-digit ASP decline. 2025 earnings positive on strong demand, but 2026 OP forecast 19% below consensus. At 1.8x P/B vs 1.3x avg, stock +73% YTD signals valuation concerns. Risk/reward balanced.
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