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SK Hynix, Samsung Electronics to Post Record Q2 Earnings on July 29-30; Brokers Raise Price Targets

2026-07-26 22:31:41

Samsung Electronics-7.59%

According to F&Guide data and Maeil Business Newspaper, SK Hynix and Samsung Electronics are set to announce record-breaking second-quarter earnings on July 29-30. SK Hynix Q2 revenue is projected at 84.17 trillion won, surging 278.6% year-over-year, with operating profit estimated at 64.24 trillion won, nearly 7 times higher than the prior year. Samsung Electronics has already disclosed provisional Q2 revenue of 171 trillion won and operating profit of 89.4 trillion won, marking its largest quarterly results on record. Major brokerages have raised price targets for both companies this month, with Samsung Electronics targets reaching as high as 600,000 won and SK Hynix targets exceeding 4.2 million won, citing strong memory supply constraints and robust AI data center demand.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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