KB Securities: 80% of Samsung 2027 Memory Output Already Under Contract
The Korean brokerage also expects HBM prices to climb 100 to 150% year-over-year and a double-digit consumer memory price rise after the new year.
KB Securities reported that 80% of Samsung's 2027 memory output is already secured by long-term agreements, according to Yonhap News. The Korean investment firm's findings were reported by pcgamer.com.
According to the report, 70% of Samsung's commodity memory output, including DRAM and NAND, is covered by five-year contracts, while yearly agreements cover 100% of the company's High Bandwidth Memory output. KB Securities predicts average selling prices for this specialised memory will rise 100 to 150% year-over-year.
In the consumer market, the firm expects a double-digit quarter-over-quarter price increase after the new year. KB Securities also predicts Samsung's operating profit will grow 57% year-over-year in 2027 to 555 trillion Korean won.
Share slide in context
The report follows a major sell-off in AI and semiconductor stocks last week. During that sell-off, Samsung's share price declined 19%, according to KB Securities.
Quick answers
How much of Samsung's memory output is already sold for 2027?
KB Securities says 80% of Samsung's 2027 memory output is secured by long-term agreements.
What memory price increases does KB Securities expect?
The firm predicts average selling prices for specialised memory will rise 100 to 150% year-over-year, with a double-digit quarter-over-quarter increase in the consumer market after the new year.
What profit forecast did KB Securities give for Samsung in 2027?
KB Securities predicts Samsung's operating profit will grow 57% year-over-year in 2027 to 555 trillion Korean won.