三星电子- 2025 年第四季度初步业绩符合预期，超级周期已开启

Samsung Electronics | Asia Pacific 4Q25 Prelim In-Line, Super Cycle Underway | What's Changed | | | | --- | --- | --- | | Samsung Electronics (005930.KS) | From | To | | Price Target | W144,000 | W170,000 | | Samsung Electronics (005935.KS) | | | | Price Target | W125,280 | W147,900 | Samsung is in the midst of a sharp profit recovery cycle. We raise our 2026–27 EPS estimates and price target, supported by 6.2x 2026e P/E and a potential re-rating toward 2.0x P/B. Advanced DRAM nodes, HBM strength, and new p ...