SK hynix Inc. (NASDAQ:SKHY) Stock Rated “Buy” by Sell-Side Brokerages

Shares of SK hynix Inc. (NASDAQ:SKHY) have earned a consensus rating of “Buy” from the fifteen brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and four have issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $253.22.

Several research analysts recently issued reports on the stock. Barclays cut their target price on shares of SK hynix from $330.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Wedbush upgraded SK hynix to a “strong-buy” rating in a research report on Tuesday, August 4th. Stifel Nicolaus initiated coverage on SK hynix in a research report on Tuesday, August 4th. They set a “buy” rating and a $240.00 price target on the stock. Royal Bank Of Canada started coverage on SK hynix in a research note on Tuesday, August 4th. They set an “outperform” rating and a $200.00 price target for the company. Finally, UBS Group initiated coverage on SK hynix in a report on Wednesday, July 29th. They issued a “buy” rating and a $204.00 price objective for the company.

SK hynix Price Performance

NASDAQ SKHY opened at $136.49 on Friday. The firm has a market capitalization of $997.05 billion and a PE ratio of 10.81. The business’s 50 day simple moving average is $171.45. The company has a quick ratio of 2.29, a current ratio of 2.59 and a debt-to-equity ratio of 0.06. SK hynix has a one year low of $124.80 and a one year high of $199.87.

SK hynix (NASDAQ:SKHY) last issued its quarterly earnings data on Tuesday, August 18th. The memory chip maker reported $8.48 earnings per share for the quarter. The company had revenue of $51.19 billion for the quarter. Equities analysts expect that SK hynix will post 25.69 earnings per share for the current year.

SK hynix News Summary

Here are the key news stories impacting SK hynix this week:

• Positive Sentiment: SK hynix continues to benefit from exceptionally strong DRAM pricing and a severe memory shortage, supporting near-term profitability. The company remains a major supplier of high-speed memory used in advanced computing and AI systems. DRAM Giants Get Rich as China Builds a Threat
• Positive Sentiment: Recent comparisons with Broadcom suggest SK hynix has shown stronger overall revenue momentum, with a sharp acceleration in the quarter ended June 2026. This provides some fundamental support despite the sector selloff. Broadcom vs. SK Hynix Revenue Trends
• Neutral Sentiment: SK hynix is reportedly seeking U.S. approval to export American chipmaking equipment to its Dalian, China, facility, potentially in exchange for commitments tied to a new U.S. factory. Approval could protect operational flexibility, but the arrangement adds regulatory uncertainty. SK hynix Chip Equipment Export Negotiations
• Negative Sentiment: Memory stocks are being pressured by a broader AI-related technology selloff, concerns about expensive AI investment and fears that higher interest rates could reduce financing and capital spending. SK hynix Amid Asia Technology Rout
• Negative Sentiment: Investors increasingly fear competition from China’s CXMT, which is advancing in DDR5 and LPDDR5X memory, as well as a potential industry oversupply by 2029. These concerns could weaken pricing power after the current shortage. Memory Stocks Face China and Oversupply Concerns
• Negative Sentiment: Analysts are questioning whether AI-driven memory demand can remain strong enough to justify current industry expectations, making SKHY vulnerable to additional selling even though valuation and near-term earnings remain attractive. MU vs. SKHY in the AI Selloff

About SK hynix

SK hynix Inc is a South Korean semiconductor company that develops and manufactures memory products and related semiconductor solutions. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives, and high-bandwidth memory (HBM) used in computing, artificial intelligence, data centers, smartphones, automotive systems, and other electronic devices.

The company serves customers globally through manufacturing, research, sales, and support operations in South Korea and other major technology markets.