Samsung Electronics Q3 operating profit projected at 107.4 trillion won
GS Goldman Sachs Group Inc
$882.59 -0.52%
View chart & analysis → - 1Samsung Electronics' projected Q3 operating profit of 107.4 trillion won represents a 782.5% increase in operating profit compared to the same period last year.
- 2Goldman Sachs maintained a target price of 490,000 won, presenting a target price approximately 87% higher than Thursday's closing price.
- 3Macro strategist Jerry Robinson noted that AI infrastructure spending is generating massive profits for chip suppliers.
So what's the key point?
Samsung Electronics is expected to earn much more profit in the third quarter than last year. Goldman Sachs expects this stock to rise further to 490,000 won.
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