Goldman Sachs Boosts Samsung Electronics and SK Hynix Price Targets
Global investment bank Goldman Sachs has raised its price targets for both Samsung Electronics and SK Hynix, citing expectations for improved performance driven by rising memory chip prices and strong demand from the artificial intelligence sector. The move reflects growing optimism surrounding the semiconductor industry, a key component of the South Korean economy.
According to reports on March 12, 2026, Goldman Sachs now projects a price target of 260,000 Korean won for Samsung Electronics, and 135,000 Korean won for SK Hynix. This increase comes as analysts anticipate significant earnings growth for both companies. MSN reports that despite the improved outlook, both companies are currently trading at relatively low valuations based on 2027 earnings estimates.
The firm forecasts Samsung Electronics’ operating profit to reach 239 trillion Korean won, and SK Hynix’s to reach 202 trillion Korean won. The Guru detailed that the revised targets are based on expectations of a supply shortage resulting from increased AI demand.
Investors are closely watching these developments, particularly those with long-term holdings in the two tech giants. v.daum.net reported on questions surrounding long-term investments in the companies.
While some analysts have suggested even higher potential price targets – with estimates reaching 320,000 Korean won for Samsung Electronics and 170,000 Korean won for SK Hynix – the Goldman Sachs revisions signal a strong positive outlook for the companies. iTtoday noted that market volatility has not deterred analysts from increasing their targets.
Samsung Electronics is also anticipating an operating profit of 240 trillion Korean won, further bolstering positive sentiment. Newsis reported that the outlook is “rosy” for the company’s stock.
