SK Hynix Target Price Diverges Sharply: BNK Sets 1.85M Won, KB at 4.2M Won

According to financial investment reports released today (July 9), BNK Securities issued a "Hold" rating on SK Hynix with a target price of 1.85 million Korean won, representing a 10.9% discount to yesterday's close of 2.076 million won. KB Securities, meanwhile, set a target price of 4.2 million won, creating a spread of over 2 million won between the two forecasts.

BNK analyst Min Hee Lee cited slowing demand from hyperscale infrastructure investors despite ongoing supply shortages in AI server DRAM and eSSD markets. KB Securities analyst Kang Da Hyun pointed to SK Hynix's upcoming U.S. ADR listing and cited the 1997 TSMC case, arguing global investor expansion could drive premium valuations and potential arbitrage opportunities between Korean and U.S.-listed shares.