Overseas Research Selection | Goldman Sachs Interprets SK Hynix Buyback Plan: Optimistic About AI Storage Cycle and Cash Return Capacity

东方财富2026/08/20 15:27

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

On August 19 local time, South Korean memory chip giant SK Hynix announced the implementation of a stock buyback and cancellation plan worth 40 trillion Korean won (approximately 28.7 billion USD). Goldman Sachs subsequently released a research report stating that this move not only has the potential to boost the company's earnings per share (EPS), but also demonstrates management's confidence in future cash flow capabilities and the AI-driven memory cycle. As a result, Goldman Sachs maintains a "buy" rating on SK Hynix and sets a target price of 3.5 million Korean won. Goldman Sachs applies an average price-to-earnings ratio (P/E) valuation method for 2026 to 2027, assigning a target P/E ratio of 9.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Fitch Ratings recently announced that it is maintaining France's sovereign credit rating at "A+" with a "stable" outlook, even though the agency has once again warned that sustained fiscal deficits and rising public debt amidst increasing political uncertainty could still trigger a future rating downgrade.

智通财经•2026/08/29 07:11