Samsung stock rallies by 12% as market cap hits new all-time high of $1 trillion

Cryptopolitan
2026.05.06 02:24
portai
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Samsung Electronics (005930.KS) saw a 12% increase in stock price, pushing its market capitalization to a record $1 trillion, making it the second Asian company to achieve this milestone. The surge followed the company's impressive first-quarter results, with operating profit soaring to ₩57.2 trillion. Analysts remain bullish, with multiple firms maintaining 'Buy' ratings and raising price targets significantly, indicating strong upside potential for the stock.