r/SKHynix

My portfolio has ~25% of SK Hynix and continue to remain very bullish for the memory giant. For reference, micron's earnings report provided confidence to the market given that:

(from 2026 FQ2 to 2026 FQ3)

Revenue went up ~74, Gross Profit went up ~97%, Net income went up ~105%

For YoY quarterly performance, net income beats analyst estimates by almost 400%. Bear in mind that these are the same analysts that projects significantly low PEG ratios (~0.1) and forward PE so they are bald estimators to begin with. Not the best valuation approach but it's good to know that share price surged ~750% in the past year but net income exploded to about 1400%, effectively double the price. Part of the reason is that Micron's Gross Margin surged to ~86.56%, up from ~74.41% last quarter.

Micron is not comparable to SK Hynix in the HBM market (~20% vs 60% market share). Bear in mind that this is the same trend that allows the memory sector, in their first year, to break through their memory cycle for NAND, DRAM and SSD products. Micron expect high-volume shipments of HBM4 for lead customer platforms in 2026, which SK Hynix had mass produced in 2025 September, now together with Samsung already delivering HBM4E samples to customers, which again Micron lags behind.

With the absolute shortage in HBM and SK Hynix's clear lead in HBM, I think some analyst estimate of SK Hynix share price reaching 4m krw at end of the year is reasonable. Price now drops ~20% from it's record high as this comment is posted, buying some dips in the meantime.

Numbers are sourced from CapIq. Feel free to argue back but please pair up with fair analysis.

Hello, I’m trying to understand today’s bleeding reason

Yesterday we had a huge rally in a lot of high-beta US semi names like ALAB, CRDO, SNDK, etc., while Korean memory names like SK Hynix / Samsung had already been bleeding for a few sessions. Today the weakness seems to be showing up again, and I can’t find one obvious company-specific reason.

Is this mostly:

1. simple profit-taking / mean reversion after yesterday’s rally,
2. de-risking ahead of US macro events like ISM / NFP / rates,
3. Korea-specific overhang from SK Hynix’s upcoming ADR/Nasdaq listing and bookbuilding,
4. concern about Samsung/SK Hynix’s huge memory capex plans and possible long-term oversupply,
5. or is there some new HBM / DRAM / NAND / Nvidia supply-chain news I’m missing?

I’m not looking for financial advice — just trying to understand whether today’s move is driven by actual news, macro positioning, sector rotation, or just crowded AI/semi profit-taking after a big run.

Would appreciate any hard sources or flow-based explanations rather than just “stocks go down.”

As title, I hold ordinary shares of SK Hynix (000660 KR) on IBKR and would like to convert them into the newly listed Nasdaq ADRs.

If yes, what is the process, and what are the associated fees?

Thanks

Hey everyone, I’m new here but wanted to get your opinions on SK Hynix’s incredible run lately.

I picked up a position in SKH about a year ago, and I'm currently holding all my shares. I’m pretty happy with the gains it has brought me so far, but I'm not sure when I should disembark.

Nomura Securities recently put out a target price of 4.7M KRW, which is the highest estimate out there right now. Looking at the long-term forecasts, it seems like SK Hynix’s revenue is projected to peak around 2028 and potentially go down afterward.

Obviously, no one knows exactly what will happen two years out, but structurally, the baseline memory demand doesn't look like it will decrease anytime soon.

For those of you holding or planning to buy SKHY:
What are your exit plans or target valuations?
How long are you planning to hold onto your shares?

Would love to hear your thoughts and see how others are navigating this!

Is there any good enough reason why Korean SK ticker holders would want to sell so that they have capital for the US listing? And can that explain any of the redness we've seen from the last few days?

Sorry if this is a stupid question, I'm genuinely wondering though.

One pro I can think of is I won't need to deal with conversion anymore, but idk what the usual play here is for holders of stocks with a similar move in the past (foreign company newly listing in US).

Looking at Leverage Shares ETPs since the US-listed leveraged ones (MUU, MULL, RAM) are blocked under PRIIPs or others like 7709 HK too.

Any thoughts about trading these? Liquidity risk? Thanks.

I am debating if I should buy on the first day of July 10th or wait a few days to see how it moves first before buying. Any thoughts?

What do you estimate the chances are that you will be able to convert KRK shares into Nasdaq shares freely after the ADR hits?

how much do you think it gets listed here? are ADRs supposed to be at the price the original shares are trading at?