[Market Focus] 'Performance Recovery and Dividend Increase Expected' SK Telecom Up 4.49%

The share price of SK Telecom is on the rise, with expectations for a recovery in performance and an increase in dividends this year.

As of 10:10 a.m. on February 3, SK Telecom was trading at 72,200 won, up 3,100 won (4.49%) from the previous trading day.

On this day, NH Investment & Securities maintained its buy rating on SK Telecom, stating, "2026 is expected to be a year of recovery, leaving behind the difficulties of last year caused by the hacking incident," and raised its target price from 63,000 won to 81,000 won.

This year, operating profit is projected to reach 1.99 trillion won, an increase of 85.4% compared to the previous year. Ahn Jaemin, a researcher at NH Investment & Securities, commented, "The valuation (the share price relative to corporate value) is also entering a normalization phase," and added, "Korean telecom companies are not lagging behind global peers in terms of shareholder returns. When combining the dividend yield of 4.3% with share buybacks and cancellations, the level is comparable."