Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : KRW 4,200,000 (Upgraded) Core Momentum : The SKHY US ADR listing is expected to broaden the global investor base and create potential passive inflows through SOX index inclusion, while stronger 2027 HBM pricing supports further…
Market: KOSPI (000660) Brokerage : Hanwha Investment & Securities Analyst : Jun-young Park / RA : Na-woo Kim Investment Rating : BUY (Maintained) Target Price : KRW 4,300,000 (Upgraded) Core Momentum : LTAs and a growing HBM earnings contribution are expected to reduce historical memory-cycle volatility and strengthen earnings sustainability, supporting a valuation re-rating toward…
![[Research] Samsung Electro-Mechanics (009150) – Daishin Securities | Silicon Capacitor · FC BGA Expansion · Target Price Upgrade / 2026-06-10](https://koreaequitylens.com/wp-content/uploads/2026/08/포맷변환삼성전기-리서치.jpg)
Brokerage : Daishin Securities Analyst : Kangho Park (kangho.park@daishin.com) Investment Rating : BUY (Maintained) Target Price : KRW 2,400,000 (Raised) Core Momentum : Valuation re-rating driven by a KRW 1.6 Trillion silicon capacitor contract win and customer-supported massive FC BGA capacity additions 📊 1. [Valuation & Key Financial Metrics] 🚀 2. [Market Opportunities & Business…
Brokerage : iM Securities Analyst : Eui-young Ko (IT RA: Jeongha Park) Investment Rating : Buy (Maintained) Target Price : KRW 2,300,000 (Raised) Core Momentum : Unprecedented multi-year earnings upgrades driven by commodity-led MLCC price hikes, Si-Cap LTA visibility in advanced packaging, and 100% FC-BGA capacity utilization in 2H26 📊 1. [Valuation & Key Financial…
Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : KRW 3,800,000 (Maintained) Core Momentum : Accelerating big-tech AI infrastructure investment is driving stronger HBM demand and large-scale LTAs, which are expected to enhance earnings stability while supporting higher memory pricing and profitability. 📊 1….
Brokerage : Mirae Asset Securities Analyst : Junseo Park (park.junseo@miraeasset.com) Investment Rating : BUY (Maintained) Target Price : KRW 2,800,000 (Maintained) Core Momentum : Structural re-rating driven by non-China FC-BGA supply chain leadership, KRW 8 Trillion multi-year CAPEX deployment across 2026–2027, and strategic asset status for high-capacitance MLCCs 📊 1. [Valuation & Key Financial Metrics]…
Brokerage : Mirae Asset Securities Analyst : Junseo Park (park.junseo@miraeasset.com) Investment Rating : BUY (Maintained) Target Price : KRW 2,800,000 (Raised) Core Momentum : Application of 2029 forward valuation backed by sold-out substrate capacity and multi-year exclusive contracts, alongside structural ASP increases for substrates (+20%) and MLCCs (+10%) from 2027 📊 1. [Valuation & Key…
Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : KRW 3,800,000 (Maintained) Core Momentum : The planned US ADR listing is expected to expand global investor access and create potential passive inflows through PHLX index inclusion, supporting a valuation re-rating that narrows the multiple…
Market: KOSPI (000660) Brokerage : Mirae Asset Securities Analyst : Younggun Kim Investment Rating : BUY (Maintained) Target Price : KRW 3,800,000 (Upgraded) Core Momentum : Expanding LTAs and robust HBM demand are expected to sustain structurally high ROE and earnings growth, while the widening valuation gap with global memory peers creates room for further…
Brokerage : SK Securities Analyst : Hyungwou Park (R.A Youngwhan Jeong) Investment Rating : BUY (Maintained) Target Price : KRW 2,000,000 (Raised) Core Momentum : Valuation re-rating justified by a globally unique business model integrating proprietary MLCC and FCBGA manufacturing, scalable embedded architectures, a KRW 1.6 Trillion silicon capacitor LTA, and next-generation glass substrate roadmaps…