SK Hynix Inc. (SKHY) AI Stock Analysis

SK hynix Inc., through its subsidiaries, engages in research, develops, manufactures, distributes, and sells semiconductor devices internationally across Korea, China, the rest of Asia, the United States, and Europe. It offers DRAM products, including server memory, graphics memory, mobile memory, PC memory, and consumer memory, alongside NAND flash memory, SSD, and MCP products. Additionally, the company operates a foundry business producing non-memory semiconductors. Its products serve applications across server, networking, mobile, personal computer, consumer, and automotive markets. Headquartered in Icheon-si, South Korea, the company was formerly known as Hynix Semiconductor Inc. until March 2012.

SK Hynix grew revenue from $43.00T in FY2021 to $44.62T in FY2022, before cyclical pressure caused revenue to drop 26.6% to $32.77T in FY2023 with a net income of -$9.11T. The business recovered sharply in FY2024 with revenue rising 102.0% to $66.19T, followed by 46.8% growth to $97.15T in FY2025, achieving a gross margin of 60.4% and net income of $42.92T. From FY2020 to FY2025, revenue increased at a 5-year CAGR of 24.9%. In the trailing twelve months, revenue reached $189.17T with an operating margin of 76.3%. For the latest quarter ended June 30, 2026, quarterly revenue grew 256.8% year-over-year while quarterly earnings grew 1272.4%.

As of June 30, 2026, SK Hynix held $87.06T in cash and short-term investments against total debt of $21.11T, providing a net cash balance of $65.95T. Liquidity is supported by a current ratio of 2.59 and a debt-to-equity ratio of 0.08 against shareholders' equity of $262.69T and total assets of $348.86T. In FY2025, the company generated $53.37T in operating cash flow and $24.79T in free cash flow. Capital expenditures absorbed $28.58T and dividends paid totaled $1.68T during FY2025, while the share count changed 4.0% over 5 years.

SKHY holds a market capitalization of $994.83B and an enterprise value of $930.66B. The stock trades at a trailing P/E of 8.7x and a forward P/E of 5.4x, both lower than the median of its US-listed Technology peers of 28.1x and 18.8x, respectively. Its EV to EBITDA stands at 5.7x, compared to the peer median of 16.6x, with a PEG ratio of 0.28. The stock closed at $136.49 on October 16, 2026, against a 52-week range of $124.80 to $199.87, and carries a beta of 2.39, while the S&P 500 (SPY) returned 16.8% over 1 year and 83.0% over 5 years.

SKHY pays a quarterly dividend with an annualized forward payout of $0.11 per share, representing a dividend yield of 0.08%. The payout ratio is 0.3%, and the most recent ex-dividend date occurred on August 31, 2026. In FY2025, total dividends paid amounted to $1.68T.

Consensus coverage includes 9 Strong Buy, 5 Buy, and 1 Hold ratings, with 0 Sell and 0 Strong Sell ratings. The mean price target of $252.21 implies an 84.8% premium over the last close of $136.49. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $26.68 on revenue of $344.27T. For the next fiscal year, 5 analysts model EPS of $34.48, representing 29.2% earnings growth, and revenue of $531.45T, representing 54.4% revenue growth. The next earnings date is October 27, 2026.

This page is an AI-written research summary of SK Hynix Inc. (SKHY). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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