Analysts expect SK Hynix's third-quarter operating profit to fall short of expectations

DB Financial Investment analyst Seungyeon Seo stated that although SK Hynix’s operating profit for the third quarter may fall short of market expectations due to unfavorable exchange rate factors, its earnings trajectory remains solid. The analyst expects SK Hynix’s operating profit for the July-September quarter to reach 7.6535 trillion KRW, lower than the market expectation of 7.9948 trillion KRW, as a stronger KRW could weigh on dollar-denominated revenue. However, supported by robust shipments of HBM4 products for AI data servers, the company is expected to maintain solid profit growth in 2026 and 2027. With the global supply of AI chips still tight, HBM4 prices are forecast to surge 70% year-on-year in 2027.