[Aletheia Capital Raises SK Hynix Target Price to $3,500] BlockBeats News, June 16: Aletheia Capital analysts have raised the target price for SK Hynix to 5.3 million Korean won, approximately $3,500, based on 10x the expected FY2027 FCF and a 10x P/E valuation, implying an upside potential of about 125% from the current stock price. The report highlights that the surge in AI hardware memory demand is driving strong growth in the company’s revenue and FCF, with DRAM ASP expected to continue rising through 2026-2027, and HBM becoming a key component for AI. This target price is significantly higher than the market consensus average of approximately 2.6-2.7 million Korean won. According to public information, Aletheia Capital is an independent investment advisory firm headquartered in Hong Kong, established in 2018, specializing in equity research, macro strategies, investment advisory, and fintech services. [Original Link]