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Tuesday, July 14, 2026
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Barclays believes SK Hynix's U.S. shares can double. Here's why

First publishedJul 14, 11:46 UTC
Last updatedJul 14, 19:42 UTC · 11m ago
11 outletInvesting.com · Stock Market11 outletCNBC Top News
Investing.com · Stock Market6Barclays says SK Hynix stock could more than double on ’significant growth’Open ↗CNBC Top News7Barclays believes SK Hynix's U.S. shares can double. Here's whyOpen ↗
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Answer

Following its debut on the Nasdaq last week, shares of South Korean memory maker SK Hynix could double in price over the next year, according to Barclays. The bank started coverage of the memory specialist on Tuesday with an overweight rating and a price target of $330 compared with its current price around $167.

Reported by 2 outlets — CNBC Top News, Investing.com · Stock Market. See all sources ↓

Following its debut on the Nasdaq last week, shares of South Korean memory maker SK Hynix could double in price over the next year, according to Barclays. The bank started coverage of the memory specialist on Tuesday with an overweight rating and a price target of $330 compared with its current price around $167. The performance driver for the stock will be the ongoing shortage of memory facing the broader technology sector, allowing price increases that will boost revenues, Barclays analysts said. "We see some upside to gross margins nearer term but the biggest delta to Bloomberg consensus is materially higher 2027 revenues driven by HBM pricing uplift and SKHY's strong position," Simon Coles at Barclays wrote in a Tuesday note to clients.

Read the full report at CNBC Top News ↗

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In brief
What's the story?
Following its debut on the Nasdaq last week, shares of South Korean memory maker SK Hynix could double in price over the next year, according to Barclays. The bank started coverage of the memory specialist on Tuesday with an overweight rating and a price target of $330 compared with its current price around $167.
How widely is it covered?
2 outlets, average source rating 6.5/10.
When was it last updated?
11m ago.
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    Barclays says SK Hynix stock could more than double on ’significant growth’

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    CNBC Top News
    Investing.com · Stock Market
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organizationBarclaysorganizationBarclays. TheorganizationFollowingorganizationHere'sorganizationNasdaqorganizationSK HynixorganizationSK Hynix's U.SorganizationSouth Korean
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Avg source rating 6.5/10
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