Current outcome
SK Hynix's Q3 results beat expectations, with revenue above 100 trillion KRW for the first time and record operating profit, alongside a confirmed ~100 trillion KRW shareholder return plan; long-term supply agreements and HBM4 ramp expectations reinforce the AI memory upcycle narrative, and JPMorgan reiterated Overweight with a target implying about 105% upside.
Progress timeline
2 material updates- #01
SK海力士第三季度营业利润创纪录，拟回馈股东约100万亿韩元，股价涨超9%
SK Hynix reported record Q3 operating profit of 83.3 trillion KRW on AI-driven memory demand and unveiled a ~100 trillion KRW shareholder return program, sending its shares up over 9%.
Source evidence: theblockbeats
- #02
SK海力士Q3财报超预期，摩根大通给出翻倍上涨空间目标价
The same SK Hynix Q3 report added details: revenue of 104.6155 trillion KRW, first above 100 trillion, with nearly 80% operating margin; the ~100 trillion KRW shareholder return plan was reiterated alongside 14 long-term supply agreements covering over 50% of 2027-2028 capacity, expectations that HBM4 will surpass HBM3E in Q4, and a supply shortage potentially lasting to 2030; JPMorgan maintained Overweight with a 2,750,000 KRW target price.
State after update: SK Hynix's Q3 results beat expectations, with revenue above 100 trillion KRW for the first time and record operating profit, alongside a confirmed ~100 trillion KRW shareholder return plan; long-term supply agreements and HBM4 ramp expectations reinforce the AI memory upcycle narrative, and JPMorgan reiterated Overweight with a target implying about 105% upside.
Source evidence: theblockbeats