--- title: "Weekly Recap | SK Hynix +1.86%, closing in on record highs" type: "News" locale: "en" url: "https://longbridge.com/en/news/300851923.md" description: "SK Hynix closed the week 1.86% higher at $195.13, while the S&P 500 slipped 0.27%, so the stock outperformed the benchmark by about 2.13 percentage points. The week was choppy at first, then pushed higher. Monday opened at $185.80, slid to an intraday low of $179.31, and closed at $181.92. Tuesday and Wednesday held a $183 to $188 range. Thursday broke higher to close at $193.50, and Friday opened at $194.20, touched a high of $195.525, and closed at $195." datetime: "2026-10-03T07:45:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300851923.md) - [en](https://longbridge.com/en/news/300851923.md) - [zh-HK](https://longbridge.com/zh-HK/news/300851923.md) generator: "portal-rs" --- # Weekly Recap | SK Hynix +1.86%, closing in on record highs ## The Week SK Hynix closed the week 1.86% higher at $195.13, while the S&P 500 slipped 0.27%, so the stock outperformed the benchmark by about 2.13 percentage points. The week was choppy at first, then pushed higher. Monday opened at $185.80, slid to an intraday low of $179.31, and closed at $181.92. Tuesday and Wednesday held a $183 to $188 range. Thursday broke higher to close at $193.50, and Friday opened at $194.20, touched a high of $195.525, and closed at $195.13, just below the 60-day high of $199.865. The week’s amplitude was 8.73%, and average daily volume of around 14.7 million shares ran about 31% below the 60-day median. ## Key Events The week’s news centred on two threads: the planned listing of subsidiary Solidigm and the memory supply-and-demand picture. Before Monday’s open, reports that Solidigm aimed for a US IPO at roughly a $150 billion valuation sent SK Hynix down 4.34% in pre-market trading, and the stock dropped more than 5% intraday, with some put options jumping 1,000%. SK Hynix later said it would review shareholder protection measures following the reports, which helped ease the sell-off. Midweek, Samsung Electronics said HBM would account for nearly 30% of industry DRAM capacity next year, and Citi projected a severe HBM supply shortage in 2027-2028. On Thursday, Micron reported fiscal fourth-quarter results, lifting memory peers, and SK Hynix gained about 4.7% on the day. On Friday, reports that supply contracts were repricing memory scarcity helped the stock add 3.2%. ## Analyst Ratings As of the aggregate dated 29 September, 15 analysts cover the stock: 9 rate it buy, 5 rate it overweight, 1 rates it hold, and none rate it underweight or sell. The consensus rating is strong buy, with a consensus target price of $252.21429, implying roughly 29.25% upside from the current price. Individual targets range from $152 to $355, a wide spread. Among 78 semiconductor companies, SK Hynix’s rating rank sits at 24th. ## The Week Ahead On the macro front, Monday 5 October brings the US S&P Global services PMI final and the ISM non-manufacturing PMI, followed by trade balance data on Tuesday 6 October and weekly EIA crude and Cushing inventories on Wednesday 7 October. For SK Hynix itself, the shareholder-protection discussion around the Solidigm IPO remains open; any follow-up announcement could shift how the market prices dilution. ## In Short SK Hynix absorbed early selling pressure tied to the Solidigm listing, then rebounded as supply-demand signals in memory stayed tight, ending the week ahead of the S&P 500. The analyst consensus holds at strong buy with a target above spot by about 29%, yet the 15 targets stretch from $152 to $355, so dispersion is wide. Valuation sits at around 28.5x P/E and 13x P/B with turnover of just 0.27%. The latest session’s large-lot flow leans cautious, with large orders net sellers. What comes next depends on how the shareholder-protection discussion lands and whether next week’s US services PMI and trade data shift the broader read on AI and memory demand. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [SK.US](https://longbridge.com/en/quote/SK.US.md) - [SKHZ.US](https://longbridge.com/en/quote/SKHZ.US.md) - [SKUU.US](https://longbridge.com/en/quote/SKUU.US.md) - [HYNX.US](https://longbridge.com/en/quote/HYNX.US.md) - [SKDD.US](https://longbridge.com/en/quote/SKDD.US.md) - [SKHL.US](https://longbridge.com/en/quote/SKHL.US.md) - [SKHU.US](https://longbridge.com/en/quote/SKHU.US.md) - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research - [6,871 Shares in SK hynix Inc. $SKHY Bought by Oppenheimer & Co. 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