[Click e-Stock] "ISC Expected to See Profit Growth in Q4"

On November 26, Hana Securities projected that ISC's operating profit would see a significant increase in the fourth quarter of this year. The target stock price was raised from 76,000 won to 130,000 won.

Kim Minkyeong, a researcher at Hana Securities, stated, "We estimate that ISC will achieve sales of 68.2 billion won and operating profit of 19.4 billion won in the fourth quarter of this year," adding, "These figures represent increases of 74% and 159%, respectively, compared to the same period last year."

She continued, "Although the fourth quarter is traditionally an off-season, the diversification of GPU clients is driving increased supply of large-area sockets for data centers," and added, "Sales to memory clients are also expected to grow, centering on high-value-added memory sockets such as Socamm."

She emphasized, "The contribution to earnings from the Burn-in Tester and Module Tester in the equipment division, which began to be fully reflected from the third quarter of this year, will continue into the fourth quarter." She also noted, "The active diversification of GPU and ASIC clients will help mitigate performance volatility caused by client transitions to new products."

For next year, ISC is expected to record sales of 301.6 billion won and operating profit of 86.5 billion won. These figures represent increases of 40% and 50%, respectively, compared to this year's projections.

Kim forecasted, "Rising average selling prices (ASP) for test sockets for major GPU clients' next-generation products, as well as expanded mass production by new artificial intelligence (AI) accelerator and ASIC clients, will drive performance improvement."

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