KB Securities raises Samsung Electronics’ target 60to ten thousand won
KB Securities 8raised Samsung Electronics’ target price from the previous 55ten thousand won to 60ten thousand won. KB expects expanded global AI investment to drive up memory demand and prolong the supply shortage, and significantly raised its forecasts for DRAM and NAND prices and Samsung Electronics’ operating profit.
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KB Securities 8raised Samsung Electronics’ target price to 60ten thousand won. Expectations for an improvement in memory-market conditions are directly linked to Samsung Electronics’ earnings and share price.
KB Securities raised its target from the previous 55ten thousand won to 60ten thousand won, while maintaining its ‘Buy’ recommendation.
Kim Dong-won, head of research at KB Securities, forecast that global AI investment will rise from 8,000billion dollars this year to 1trillion 1,000billion dollars next year.
KB said that 2028in , as AI investment expanded to 1trillion 5,000billion dollars, the memory supply shortage would persist over the long term.
Accordingly, KB Securities raised its forecast for the 2026DRAM price increase rate in to 312%, and its forecast for the 286NAND price increase rate to %, respectively.
KB raised its operating profit forecasts for this year and next year to 381trillion won and 574trillion won, respectively.
It also said that the increases in DRAM and NAND wafer production capacity in were limited to 2027%, and 7%, 4respectively.
The announcement was based on an analysis by KB Securities, with the outlook for demand and supply in the memory market and adjustments to Samsung Electronics' earnings estimates at its core.
Sources: 파이낸셜뉴스 증권
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