HPSP stock: Samsung Securities lifts target to 75,000 won
Published on 11/01/2026 at 00:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst raises HPSP outlook
- Samsung Securities lifted its HPSP target price while keeping its Buy rating.
- The broker expects stronger orders from NAND, DRAM and advanced semiconductor capacity expansion.
- HPSP's next earnings release is scheduled for November 18, 2026.
Samsung Securities raised its target price for HPSP from 65,000 won to 75,000 won on October 19, while maintaining its Buy rating. The Asia Business Daily reported that analyst Moon Jun-ho expects HPSP's third-quarter revenue to reach 49.3 billion won and operating profit to reach 25 billion won.
The forecast reflects expected growth in orders, with NAND demand recovering and memory customers increasing capital spending plans for fiscal 2027. The analyst also pointed to accelerating investment in leading-edge system semiconductor processes, which could support demand for HPSP's equipment.
Orders and customer expansion matter
Samsung Securities expects HPSP's operating profit to rise 60.0% to 143.9 billion won this year and 62.5% to 233.7 billion won next year. The broker also raised its next-year earnings-per-share estimate from 2,160 won to 2,331 won.
Export exposure remains an important variable. Asiae reported that exports account for about 70% of sales and that revenue recognition for a North American foundry customer has been delayed. The analyst expects the company's growth outlook to depend on additional orders and the potential addition of another 1d DRAM customer.
HPSP stock traded at 42,600 Korean won on KRX at 3:30 p.m. KST on Friday, October 30. The next earnings release is scheduled for November 18, 2026.
HPSP's semiconductor equipment focus
HPSP is a South Korean semiconductor equipment specialist serving chip manufacturing processes. The company is positioned in a specialized equipment niche, with NAND, DRAM and advanced logic capacity expansion forming the main demand themes cited by Samsung Securities.
HPSP market facts
- Company: HPSP Co., Ltd.
- ISIN: KR7403870009
- Ticker: 403870
- Exchange: KRX
- Quote: 42,600 KRW at 3:30 p.m. KST on October 30, 2026
- Next earnings release: November 18, 2026
For broader market context, see Current market reports.
