Samsung Projects $80 Billion Quarterly Profit: How Will Its Stock Price React?
Samsung Electronics initiatives 107.4 trillion received (about $80 billion) in third-quarter working revenue. This would mark the primary time any know-how firm tops 100 trillion received in 1 / 4.
Operating revenue, the cash made out of core enterprise earlier than curiosity and taxes, rose 782.5% from a 12 months earlier. Yet Goldman Sachs holds a 490,000 received value goal, about 87% above Thursday’s shut.
What Drove Samsung’s Record Profit
Memory chips, which retailer information in telephones and synthetic intelligence (AI) servers, did the heavy lifting. AI information facilities are shopping for them sooner than producers could make them, pushing costs larger.
Analysts estimate reminiscence earned about 110 trillion received, The Korea Times reported. Samsung’s high-bandwidth reminiscence (HBM) shipments, stacked chips that feed AI processors, grew near 50% from the second quarter.
“Here’s one other exceptional quantity from the AI growth…The motive? Soaring demand for MEMORY chips utilized in AI infrastructure. AI infrastructure spending is creating huge earnings for chip suppliers whereas elevating prices for different industries,” macro strategist Jerry Robinson noted.
However, telephones paid the worth, with analysts telling Reuters the cell enterprise misplaced greater than $1 billion as chip prices rose. Reportedly, Samsung will break down outcomes by enterprise on October 29.
Where Analysts Expect Samsung Stock Price to Go
Goldman Sachs analyst Heather Oh had warned of volatility on October. 8, Hankyung reported. Chip fund rebalancing, choices expiry, and the top of Samsung’s 15 trillion received buyback all landed that day.
Foreign traders offered a internet 348.5 billion received of the inventory, whereas establishments offered 647.7 billion received, The Korea Times reported. BeInCrypto’s Samsung Q3 earnings preview flagged the same drop after July’s document quarter.
Still, most targets sit far above the present value. Goldman reiterated a purchase ranking and its 490,000 received goal on September 18. Korea Investment & Securities sits highest at 650,000 received.
BNK Investment & Securities is the outlier. It holds a 270,000 received goal and a maintain ranking, citing aggressive capability enlargement throughout the business.
Growth can be slowing. Analysts anticipate fourth-quarter revenue to rise 8.2% from the third, down from 20% this quarter. Samsung and Micron anticipate the chip scarcity to final into 2028.
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