Morningstar: Samsung Electronics Revenue Expectation May Disappoint Investors

BlockBeats News, July 7th, Morningstar analyst Jing Jie Yu stated that investors may be slightly disappointed with Samsung Electronics' revenue outlook.

He pointed out that Samsung Electronics' projected operating profit is in line with market expectations, but the ₩171 trillion revenue forecast is slightly below the average expectation. This underwhelming performance may be due to the DRAM price increase being lower than expected. This may have spooked investors who were increasingly anticipating a structural strengthening of memory chip prices.

As investors become more cautious, Samsung Electronics' stock price closed down 6.9%, narrowing this year's gain to slightly below 150%.