--- title: "Weekly Recap | SK Hynix +0.39%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/302954362.md" description: "SK Hynix rose 0.39% this week to close at $137.02, while the S&P 500 fell 0.47%, leaving the stock roughly 0.86 percentage points ahead of the benchmark. The week was marked by a sharp round trip: Monday opened at $143.245 and touched a weekly high of $148, Wednesday closed at $143.25, then Thursday (Oct 22) dropped to a weekly low of $130.79 before Friday’s rebound back above $137. Weekly amplitude reached 12.01%, a noticeable widening from recent ranges." datetime: "2026-10-24T06:59:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302954362.md) - [en](https://longbridge.com/en/news/302954362.md) - [zh-HK](https://longbridge.com/zh-HK/news/302954362.md) generator: "portal-rs" --- # Weekly Recap | SK Hynix +0.39%, consensus target above spot ## The Week SK Hynix rose 0.39% this week to close at $137.02, while the S&P 500 fell 0.47%, leaving the stock roughly 0.86 percentage points ahead of the benchmark. The week was marked by a sharp round trip: Monday opened at $143.245 and touched a weekly high of $148, Wednesday closed at $143.25, then Thursday (Oct 22) dropped to a weekly low of $130.79 before Friday’s rebound back above $137. Weekly amplitude reached 12.01%, a noticeable widening from recent ranges. ## Key Events The memory complex went through a sharp sell-off and bounce this week. On Thursday, SKHY fell more than 8% and some puts soared roughly 1,057% in a single session. Korean tech stocks slid in tandem, with the KOSPI hitting a six-month low and the tech sell-off spilling into IPO planning. The company then clarified before Friday’s open that its pause of the Solidigm US IPO assessment was driven by the chip-stock correction and market volatility, and did not reflect any change in growth prospects or investment needs. SKHY jumped more than 5% in pre-market after that update and closed Friday at $137.02. BofA said during the week that semiconductor demand remains strong and that SK Hynix and Samsung are likely to boost shareholder returns; one analyst described the week’s sell-off in Korean chip stocks as a rare capitulation signal ahead of earnings. ## Analyst Ratings Of the 15 firms covering the stock, 9 rate it buy, 5 rate it overweight and 1 rates it hold, with no underweight or sell ratings. The consensus rating is strong buy. The consensus target price is $247, about 80.27% above the current $137.02. The target range runs from a low of $152 to a high of $320, pointing to wide dispersion. Among 78 semiconductor names, the stock’s rating rank is 23rd. ## The Week Ahead SK Hynix reports fiscal Q3 2026 results on Tuesday, Oct 27. The market is looking for EPS of about $6.1181 and revenue of about $74.7 billion. The same day brings US durable goods orders, consumer confidence and several housing-price prints. Commentary on HBM and memory supply-demand, as well as capex guidance after the Solidigm IPO pause, will be the key watchpoints. ## In Short SKHY closed slightly higher after a volatile, lower-low week, while still outperforming the broad market. The pause of the Solidigm IPO was read as a response to short-term turbulence rather than a change in fundamentals, and the strongly bullish broker stance with targets well above spot stands in tension with a price that briefly hit the bottom of its 60-day range. The next test is whether next week’s earnings confirm demand strength and the pace of investment. *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) ## Related News & Research - [9,713 Shares in SK hynix Inc. $SKHY Purchased by SeaCrest Wealth Management LLC](https://longbridge.com/en/news/302857522.md) - [SBI Securities Co. Ltd. Makes New Investment in SK hynix Inc. $SKHY](https://longbridge.com/en/news/302855483.md) - [WOT Wins 859.46 Million Won Equipment Supply Contract With SK Hynix](https://longbridge.com/en/news/302507084.md) - [UniTest Wins 16.23 Billion Won Chip Testing Equipment Contract From SK Hynix](https://longbridge.com/en/news/302491471.md) - [SK Hynix Launches About $1.5 Billion Financing Plan With Korea Trade Insurance and Four Banks](https://longbridge.com/en/news/302262829.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**