SK Hynix Falls Below Some Targets as BNK Issues 1.85M Won Price on July 9

According to BNK Investment Securities, on July 9, the brokerage issued a target price of 1.85 million won for SK Hynix with a 'hold' rating, below the stock's current trading price of 2.07–2.18 million won. Analyst Lee Min-hee cited slowing momentum in AI server DRAM demand and noted a potential gap between chip makers' earnings expectations and actual performance next year.

Most other brokerages maintain more bullish forecasts, with target prices ranging from 3.8 to 4.2 million won, citing expectations that the upcoming Nasdaq ADR listing on July 10 will help close a valuation discount.