Investment institutions are optimistic about Samsung Electronics, with a target price of 850,000 KRW

Glonghui June 1st｜Mehdi Hosseini, a senior analyst at US investment firm Susquehanna, recently published a bullish outlook, setting Samsung Electronics’ target price at 850,000 Korean won. If this target is reached, Samsung Electronics’ market capitalization will surpass 500 trillion Korean won. Currently, only NVIDIA, Apple, and Google have reached this market cap globally. Hosseini also set a target price of 2.5 million Korean won for SK Hynix and believes that the stock’s subsequent upside is limited. Recently, driven by increased demand for high bandwidth memory (HBM) and NAND flash memory, he significantly raised the target stock prices for US memory chip companies Micron and SanDisk: Micron’s target price was raised from $600 to $1,750, while SanDisk was raised from $2,000 to $3,250.