Institutional Investor Sets Bullish Target for Samsung Electronics at 850,000 Won

Deep News06-01

An analyst from the U.S. investment firm Susquehanna has issued a bullish outlook, setting a price target of 850,000 won for Samsung Electronics Co., Ltd.

If this target is achieved, Samsung Electronics' market capitalization would surpass 500 trillion won, a valuation level currently only matched globally by Nvidia, Apple, and Google.

The analyst also assigned a 2.5 million won price target to SK Hynix but indicated limited upside potential for the stock.

Recently, citing strong demand for high-bandwidth memory and NAND flash, the analyst significantly raised price targets for U.S. memory chip firms Micron and SanDisk: Micron's target was increased from $600 to $1,750, and SanDisk's from $2,000 to $3,250.

Market attention is also focused on the analyst's view that SK Hynix has weaker upside potential compared to Samsung Electronics.

Earlier this year, the analyst expressed a favorable view of Samsung and a cautious stance on SK Hynix, citing Samsung's superior semiconductor production capacity and its earlier, faster progress in developing fourth-generation high-bandwidth memory, which is expected to narrow the market share gap between the two companies in the HBM segment.

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