SK hynix (NASDAQ:SKHY) Releases Quarterly Earnings Results, Misses Expectations By $2.12 EPS

SK hynix (NASDAQ:SKHY) issued its quarterly earnings data on Wednesday. The memory chip maker reported $3.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.96 by ($2.12), Zacks reports. The company had revenue of $73.86 billion for the quarter, compared to the consensus estimate of $66.41 billion.

SK hynix Price Performance

SKHY traded down $12.76 during midday trading on Friday, reaching $149.33. 12,076,066 shares of the company’s stock were exchanged, compared to its average volume of 26,425,977. SK hynix has a 1-year low of $124.80 and a 1-year high of $199.87. The firm has a market cap of $1.09 trillion and a PE ratio of 11.84. The company’s 50-day moving average price is $169.17. The company has a quick ratio of 2.29, a current ratio of 2.59 and a debt-to-equity ratio of 0.06.

Key Stories Impacting SK hynix

Here are the key news stories impacting SK hynix this week:

• Positive Sentiment: Record third-quarter results remain the primary bullish catalyst. Revenue reportedly reached 104.6 trillion won, supported by strong DRAM and NAND pricing, while AI-related high-bandwidth memory (HBM) demand drove substantial profit and margin expansion. SK hynix: A Bargain For The Ages earnings analysis
• Positive Sentiment: Management expects tight memory supply to persist for several years, with HBM4 production accelerating and DRAM and HBM output effectively sold out through 2029. Long-term agreements covering more than 50% of 2027–2028 capacity improve revenue visibility and reduce exposure to the normal memory cycle. SK Hynix Says Memory Is Sold Out Through 2029
• Positive Sentiment: Analyst sentiment remains supportive: RBC reaffirmed an “Outperform” rating, while Rosenblatt raised its price target. The company’s planned dividends, buybacks and share cancellations—reportedly worth about 100 trillion won for 2026—also strengthen the investment case. RBC reaffirms Outperform rating
• Neutral Sentiment: SK hynix is viewed as attractively valued relative to memory peers, with net cash and strong profitability. However, investors are debating whether unusually high margins can persist after supply expands and competition from Chinese producer CXMT increases. SK hynix: The Cheapest Way To Own The Memory Industry
• Negative Sentiment: Memory stocks have recently pulled back after Samsung Electronics delivered disappointing results, cooling enthusiasm for the sector. Weaker-than-expected Alphabet results also pressured technology shares, creating profit-taking despite SK hynix’s strong earnings and outlook. Why are Micron, SK Hynix and SanDisk stocks falling?

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SKHY. Rosenblatt Securities upped their price objective on shares of SK hynix from $320.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday. Citigroup raised shares of SK hynix to a “strong-buy” rating in a report on Wednesday, September 2nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $200.00 price target on shares of SK hynix in a research report on Wednesday. Wells Fargo & Company restated a “buy” rating on shares of SK hynix in a report on Wednesday. Finally, Zacks Research upgraded SK hynix to a “hold” rating in a research report on Friday, July 24th. Four research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, SK hynix presently has a consensus rating of “Buy” and a consensus target price of $247.80.

SK hynix Company Profile

SK hynix Inc is a South Korean semiconductor company that develops and manufactures memory products and related semiconductor solutions. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives, and high-bandwidth memory (HBM) used in computing, artificial intelligence, data centers, smartphones, automotive systems, and other electronic devices.

The company serves customers globally through manufacturing, research, sales, and support operations in South Korea and other major technology markets.