Samsung has reported record-breaking preliminary earnings for the second quarter of 2026, though the blockbuster numbers were met with a wave of selling on the stock market.
The tech giant posted a massive operating profit of 89.4 trillion won (approximately $58.5 billion) for the three months ending in June. This surpassed Wall Street expectations of 87 trillion won and represents a staggering leap from the 4.68 trillion won recorded in the same period last year. Revenue also more than doubled year-over-year, hitting 171 trillion won. Remarkably, Samsung’s earnings for the first half of 2026 have already eclipsed its total profits for the entirety of 2025.
Despite the immediate market sell-off, major financial analysts are urging investors to look past the short-term noise. High-bandwidth DRAM and NAND memory chips are facing severe supply shortages, with procurement meeting only 50% to 60% of global demand. Experts from JPMorgan and Citi reiterate that this tight supply environment will keep chip prices highly favorable through the second half of the year.
Citing Samsung’s unique position as an end-to-end artificial intelligence turnkey provider, analysts remain overwhelmingly bullish. Major institutions maintain strong “Buy” and “Overweight” ratings on the stock, setting aggressive price targets well above current trading levels. Full, finalized second-quarter results are expected at the end of July.