[Click eStock] "Samsung Electronics Q3 Operating Profit 11 Trillion Won... Target Price 86,000 Won"

Hana Financial Investment Issues 'Buy' Rating and 86,000 KRW Target Price... Closing Price on 11th at 59,000 KRW

[Asia Economy Reporter Geum Bo-ryeong] An analysis has emerged predicting that Samsung Electronics' third-quarter operating profit will be 11.1 trillion won, exceeding previous estimates.

According to Hana Financial Investment on the 14th, Samsung Electronics' third-quarter operating profit is expected to surpass the previous forecast of 10.1 trillion won, reaching 11.1 trillion won.

Among the segment-wise operating profit estimates, the IT & Mobile (IM) division's operating profit was significantly revised upward. Kim Kyung-min, a researcher at Hana Financial Investment, stated, "In the July 31 report, we projected 2.7 trillion won, but this time we see it at 4.2 trillion won," emphasizing, "We have raised the smartphone shipment volume, a key indicator for the IM division, from 74 million units to 80 million units."

The semiconductor operating profit is also expected to be positive compared to the previous quarter. Although DRAM and NAND prices are estimated to have fallen by 7% and 8%, respectively, bit growth is expected to be better than the guidance. Researcher Kim said, "The third-quarter semiconductor operating profit estimate is 5.3 trillion won, which is not bad compared to 5.4 trillion won in the second quarter," adding, "Considering the product price slowdown, it is favorable."

Hana Financial Investment's analysis suggests that semiconductors hold a status as important as strategic materials in the US-China trade conflict. Researcher Kim explained, "Since the possibility of US sanctions against the Chinese company SMIC emerged, semiconductors have become as important as tungsten or molybdenum, which were considered strategic materials during World War II," adding, "In particular, non-memory foundry production lines have become as important as tungsten or molybdenum mines. Samsung Electronics' stock price is expected to reflect this change in status."

Hana Financial Investment has given Samsung Electronics a 'Buy' investment rating with a target price of 86,000 won, up from the previous target of 80,000 won. The closing price on the 11th was 59,000 won.

This content was produced with the assistance of AI translation services.