Forecast Of The Day: Samsung’s Memory Revenue

1738
Trefis
SMSN: Samsung Electronics logo
SMSN
Samsung Electronics

What?

Samsung’s (LSE:SMSN) Memory Revenue grew from $40 billion in 2019 to $44 billion in 2020 and surged to around $61 billion in 2021. Trefis expects the metric to grow to about $66 billion by 2023.

Why?

Relevant Articles
  1. Lululemon’s Stock Down 34% YTD, What’s Happening?
  2. After Nearly A 20% Rise In Six Months Will Abbott Stock See Higher Levels Post Q1?
  3. Here’s What To Expect From Johnson & Johnson’s Q1
  4. Down 29% This Year, What Lies Ahead For Intel Stock Following Q1 Earnings?
  5. How Will Tesla’s Earnings Trend After A Tough Q1 Delivery Report?
  6. What’s Next For Delta Air Lines Stock After 10% Gains In A Month And An Upbeat Q1?

Growth over 2021 was driven by strong demand and pricing for DRAM modules. We expect longer-term growth to be driven by demand from the cloud and mobile markets and Samsung’s lead in technologies such as DDR5 and LPDDR5.

So What?

We think Samsung stock is undervalued at current levels. We value SMSN’s global depository receipt, which trades on the London Exchange, at about $1,740, 22% ahead of the current market price.

See Our Complete Analysis For Samsung

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates