SK Hynix Target Prices Diverge Two-Fold: KB Securities Sets 4.2M Won vs BNK's 1.85M Won Over AI Investment Outlook

According to Korean Economic Daily, on July 16, South Korean securities firms released sharply conflicting target prices for SK Hynix, with KB Securities rating the chipmaker a buy at 4.2 million won while BNK Investment Securities maintained a hold at 1.85 million won.

The gap reflects opposing views on AI infrastructure investment sustainability. KB Securities forecasts memory supply shortages will persist through 2028 as major tech companies sustain data center spending and commit to long-term supply agreements, making current stock weakness a buying opportunity. BNK Investment, conversely, warns that tech firms are beginning to moderate capital expenditure; it predicts memory earnings momentum will weaken after year-end, leaving valuations uncompressed despite recent declines.