![\"Samsung](\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/06\/news-p.v1.20260625.5bf1ad99cd6747aa9c0dd5be016143bc_P1.jpg\"\/ "\\"Samsung")
Samsung Group flags flutter in the wind at Samsung Electronics’ headquarters in Seocho-gu, Seoul. News1<\/p>\nSamsung Group flags flutter in the wind at Samsung Electronics’ headquarters in Seocho-gu, Seoul. News1<\/p>\n
Daishin Securities maintained its target price for Samsung Electronics (005930.KS) at 560,000 won on Tuesday. Despite recent debate over whether the stock has peaked, the brokerage said expanding demand for high-bandwidth memory (HBM) in 2027 and stronger shareholder returns would support further gains.<\/p>\n
Second-Quarter Earnings Obscured by One-Off Factors<\/p>\n
According to a Daishin Securities report released Tuesday, Samsung Electronics’ operating profit for the second quarter is projected to come in at 82 trillion won, below the market consensus. The figure falls short of the market estimate of 86.8 trillion won, as provisions for employee bonuses in the DS (semiconductor) division are expected to weigh on results.<\/p>\n
Daishin Securities, however, views this as a temporary burden. “Recent stock price volatility has intensified, sparking an untimely debate over whether the stock has peaked, but there is no need to be shaken by this,” analyst Ryu Hyung-geun said.<\/p>\n
From 2027, the pace of earnings improvement is expected to accelerate as growth in the HBM (high-bandwidth memory) market is accompanied by a full-fledged rebound in DRAM prices. “In 2027, amid aggressive efforts to normalize selling prices, the environment could see a repeat of the HBM-led DRAM average selling price (ASP) growth experienced from the second half of 2023 through the first half of 2025,” Ryu said. “HBM ASP in 2027 will rise 65% from a year earlier.”<\/p>\n
Based on this assessment, Daishin Securities raised its estimate for Samsung Electronics’ 2027 operating profit to 532 trillion won from the previous 503 trillion won.<\/p>\n
Free Cash Flow Above 300 Trillion Won\u2014Both M&A and Shareholder Returns<\/p>\n
Strengthening shareholder return policies also stands out as a momentum driver for the stock price. The brokerage assessed that additional measures\u2014including the resumption of share buybacks aimed at employee bonus payments, special dividends, and treasury stock cancellation\u2014are likely to follow in succession.<\/p>\n
“Free cash flow (FCF) to be generated within the year is expected to exceed 300 trillion won on a basis before executing mergers and acquisitions (M&A),” Ryu said. “This is an environment that allows not only ample shareholder returns but also aggressive M&A to secure future growth drivers for the Device eXperience (DX) business division.”<\/p>\n
With cash-generating capacity that can absorb both shareholder returns and growth investment simultaneously, expectations are gaining strength that the re-rating of Samsung Electronics’ corporate value will continue.<\/p>\n
Gwangju and South Jeolla Semiconductor Complex Confirmed? Why President Lee Jae-myung and Chairman Jay Y. Lee Meet One-on-One Tuesday<\/p>\n","protected":false},"excerpt":{"rendered":"Samsung Group flags flutter in the wind at Samsung Electronics’ headquarters in Seocho-gu, Seoul. News1 Daishin Securities maintained…\n","protected":false},"author":2,"featured_media":64096,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[891,644,2645,699,127,276,642,732,892],"class_list":["post-64095","post","type-post","status-publish","format-standard","has-post-thumbnail","category-samsung-electronics","tag-daishin-securities","tag-dram","tag-free-cash-flow","tag-hbm","tag-samsung","tag-samsung-electronics","tag-semiconductor","tag-shareholder-returns","tag-target-price"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/64095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=64095"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/64095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/64096"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=64095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=64095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=64095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}