NH Investment & Securities raised its SK hynix target price to 3.1 million won. Nomura set a more bullish target of 4 million won, citing high demand for high-performance memory.
SK hynix was the second most net-bought stock among top-performing retail investors. This interest persists despite a minor price dip during trading on May 22. Leadership in the high-bandwidth memory (HBM) market remains the company's primary growth driver.
Upcoming leveraged single-stock ETFs for SK hynix are expected to increase trading activity. Additionally, the company's profit-sharing bonus system continues to influence labor negotiations at competitor Samsung Electronics.