[Featured Stock] Samsung Electronics Rises on Expectations of First Quarter Earnings Bottom

On the 7th, Samsung Electronics is rising as the market opens. With Nvidia hitting an all-time high, investor sentiment is interpreted to be expanding on the analysis that earnings will have passed the bottom since the first quarter of this year.

At 9:06 AM, Samsung Electronics was trading at 57,000 KRW, up 1.97% (1,100 KRW) from the previous day.

On this day, Park Yu-ak, a researcher at Kiwoom Securities, stated, "Although the fourth-quarter earnings fall short of market consensus, first-quarter earnings this year will have passed the bottom," adding, "Short-term earnings weakness is expected, but the 2025 PER (price-to-earnings ratio) of 11 times (PBR, price-to-book ratio, 0.9 times) valuation is judged to limit further declines in the stock price."

He continued, "From this point onward, it is advisable to focus investment points on Samsung Electronics' DRAM structural improvement (expansion of HBM, reduction of DDR4) and securing new foundry 2nm customers, and to increase weighting accordingly."

Meanwhile, Shinhan Investment Corp. forecasted that short-term earnings improvement for Samsung Electronics would be difficult and lowered the target stock price to 77,000 KRW.