Mirae Asset Securities Korea: SK Hynix Q2 operating profit forecast lowered by 12%

BlockBeats reported that on July 14, Mirae Asset Securities Korea issued a report stating that the operating profit forecast for SK Hynix for the second quarter of 2026 was revised down by 12%. The DRAM and NAND ASP assumptions were lowered by 8 percentage points and 5 percentage points, respectively. The brokerage estimates that approximately 50% of the company's revenue is covered by long-term supply agreements (LTAs).

Mirae Asset Securities Korea maintained SK Hynix's target price at 4.2 million KRW, implying an upside potential of 128%.