External broker reports(aggregated public sources), Daishin Securities

Daishin Securities

External broker reports(aggregated public sources)

Founded in 1962, Daishin Securities is a leading financial services provider in Korea. Daishin securities does its best to provide high quality financial service and to satisfy the various needs of investors. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>2026 OP forecast raised to W201tn from W171tn</li><li>Strong profit growth further strengthens financial position, opening up additional growth opportunities</li><li>TP raised to W270,000; still favoring aggressive Buys</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

2026 OP forecast raised to W201tn from W171tnStrong profit growth further strengthens financial position, opening up additional growth opportunitiesTP raised to W270,000; still favoring aggressive BuysContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Samsung Electronics (005930 KS) - Feb 23, 2026

External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Mirae Asset Securities Co.,Ltd. provides comprehensive wealth management services. The Company offers fixed income securities brokerage, securities dealing, equity underwriting, and other services. Mirae Asset Securities also deals with mergers and acquisitions, foreign currency, and financial derivatives

<ul><li>Operating leverage to kick in amid accelerating memory price growth We raise our target price for Samsung Electronics (SEC) to W275,000 (from W247,000)</li><li>Using a sum-of-the-parts (SOTP) valuation, we estimate the company’s fair value at W1,725tr, including W1,530tr for the memory business</li><li>Based on 2026F EPS and BPS, our target price implies a P/E of 9</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Operating leverage to kick in amid accelerating memory price growth We raise our target price for Samsung Electronics (SEC) to W275,000 (from W247,000)Using a sum-of-the-parts (SOTP) valuation, we estimate the company’s fair value at W1,725tr, including W1,530tr for the memory businessBased on 2026F EPS and BPS, our target price implies a P/E of 9Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Samsung Electronics (005930 KS/Buy)Regaining Its Technological Edge

<ul><li>We lift our target price for Samsung Electronics (SEC) by 30% to W247,000 (from W187,000).</li><li>Using a sum-of-the-parts (SOTP) valuation, we estimate the company’s fair value at W1,653tr, including W1,310tr for the memory business.</li><li>Based on 2026F EPS and BPS, our target price implies a P/E of 11.6x and P/B of 3.1x, both of which remain below the industry averages of 14.4x and 4.2x, respectively.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We lift our target price for Samsung Electronics (SEC) by 30% to W247,000 (from W187,000).Using a sum-of-the-parts (SOTP) valuation, we estimate the company’s fair value at W1,653tr, including W1,310tr for the memory business.Based on 2026F EPS and BPS, our target price implies a P/E of 11.6x and P/B of 3.1x, both of which remain below the industry averages of 14.4x and 4.2x, respectively.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Samsung Electronics (005930 KS/Buy)Increasingly Favorable Environment

<ul><li>We maintain our Buy rating and target price of W187,000 on Samsung Electronics (SEC).</li><li>Using a sum-of-the-parts (SOTP) valuation, we estimate the firm’s fair value at W1,271tr.</li><li>Based on our 2026 estimates, our target price implies a P/E of 11.6x and a P/B of 2.6x, remaining below the global memory sector averages of 14.2x and 3.6x, respectively. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We maintain our Buy rating and target price of W187,000 on Samsung Electronics (SEC).Using a sum-of-the-parts (SOTP) valuation, we estimate the firm’s fair value at W1,271tr.Based on our 2026 estimates, our target price implies a P/E of 11.6x and a P/B of 2.6x, remaining below the global memory sector averages of 14.2x and 3.6x, respectively. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Samsung Electronics (005930 KS/Buy)Major Beneficiary of Nvidia’s Advances

<ul><li>We lift our target price for Samsung Electronics (SEC) by 21% to W187,000 (from W155,000).</li><li>Using a sum-of-the-parts (SOTP) valuation, we estimate the company’s fair value at W1,271tr.</li><li>Based on 2026F EPS and BPS, our target price implies a P/E of 11.6x and P/B of 2.6x, both of which remain below the 2026F global memory sector averages of 14.2x and 3.6x, respectively.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We lift our target price for Samsung Electronics (SEC) by 21% to W187,000 (from W155,000).Using a sum-of-the-parts (SOTP) valuation, we estimate the company’s fair value at W1,271tr.Based on 2026F EPS and BPS, our target price implies a P/E of 11.6x and P/B of 2.6x, both of which remain below the 2026F global memory sector averages of 14.2x and 3.6x, respectively.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Samsung Electronics (005930 KS)Remarkable Earnings and Potential for Additional Shareholder Returns

South Korea

Samsung Electronics Co., Ltd. manufactures a wide range of consumer and industrial electronic equipment and products such as semiconductors, personal computers, peripherals, monitors, televisions, and home appliances including air conditioners and microwave ovens. The Company also produces Internet access network systems and telecommunications equipment including mobile phones.

Samsung Electronics Pref Shares (005935 KS)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Samsung Electronics Pref Shares (005935 KS)

Samsung Electronics (005930 KS) - Feb 23, 2026

2026 OP forecast raised to W201tn from W171tn. Strong profit growth further strengthens financial position, opening up additional growth opportunities

Daishin Securities

Samsung Electronics (005930 KS/Buy)Regaining Its Technological Edge

Operating leverage to kick in amid accelerating memory price growth We raise our target price for Samsung Electronics (SEC) to W275,000 (from...

Mirae Asset Securities

Samsung Electronics (005930 KS/Buy)Increasingly Favorable Environment

Based on 2026F EPS and BPS, our target price implies a P/E of 11.6x and P/B of 3.1x, both of which remain below the industry averages of 14.4x and...

Mirae Asset Securities

Samsung Electronics (005930 KS/Buy)Major Beneficiary of Nvidia’s Advances

We maintain our Buy rating and target price of W187,000 on Samsung Electronics (SEC). Using a sum-of-the-parts (SOTP) valuation, we estimate the...

Mirae Asset Securities

Samsung Electronics (005930 KS)Remarkable Earnings and Potential for Additional Shareholder Returns

We lift our target price for Samsung Electronics (SEC) by 21% to W187,000 (from W155,000). Using a sum-of-the-parts (SOTP) valuation, we estimate...

Mirae Asset Securities

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)