Samsung Electronics hit an all-time high in early trading on the 30th, the last trading day of the year.
As of 9:31 a.m. that day, Samsung Electronics shares were at 120,500 won on the Korea Exchange, up 0.84% (1,000 won) from the previous day. Samsung Electronics shares at one point during the session rose to 120,900 won, setting a new all-time high.
Expectations for earnings appear to be driving the share-price gains. Earlier, global investment bank (IB) Nomura Securities projected Samsung Electronics' 2026 operating profit at 133.4 trillion won. It set a target price of 160,000 won.
Brokerages are successively raising their target prices for Samsung Electronics. NH Investment & Securities lifted its target from 145,000 won to 155,000 won, and Hyundai Motor Securities also raised its target from 129,000 won to 143,000 won. In addition, ▲ Hana Securities (155,000 won) ▲ Mirae Asset Securities (155,000 won) ▲ Samsung Securities (140,000 won) also raised their target prices.
On top of that, news that morning that Samsung Electronics will supply infotainment chips for BMW's next-generation electric vehicles appeared to draw in investor sentiment.