SK Telecom (NYSE:SKM) Sets New 52-Week High – Time to Buy?

Posted by Geri Gentry on Apr 14th, 2026

SK Telecom Co., Ltd. (NYSE:SKM – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $36.80 and last traded at $36.6380, with a volume of 1160749 shares trading hands. The stock had previously closed at $36.10.

Analyst Upgrades and Downgrades

Several research firms have commented on SKM. Daiwa Securities Group cut SK Telecom to a “hold” rating in a report on Wednesday, January 14th. Bank of America cut SK Telecom from a “neutral” rating to an “underperform” rating in a research report on Wednesday, February 18th. Weiss Ratings upgraded SK Telecom from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, March 12th. Wall Street Zen upgraded shares of SK Telecom from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Citigroup lowered shares of SK Telecom from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

View Our Latest Analysis on SKM

SK Telecom Stock Performance

The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.00 and a current ratio of 1.03. The firm has a 50 day moving average price of $30.45 and a two-hundred day moving average price of $24.42. The company has a market capitalization of $14.08 billion, a P/E ratio of 53.95, a price-to-earnings-growth ratio of 5.10 and a beta of 0.46.

SK Telecom (NYSE:SKM – Get Free Report) last posted its earnings results on Thursday, February 5th. The Wireless communications provider reported $10.67 EPS for the quarter, topping the consensus estimate of $0.10 by $10.57. SK Telecom had a return on equity of 3.21% and a net margin of 2.28%.The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.02 billion. On average, research analysts expect that SK Telecom Co., Ltd. will post 2.27 earnings per share for the current fiscal year.

Institutional Trading of SK Telecom

Several large investors have recently added to or reduced their stakes in the company. Millennium Management LLC increased its holdings in shares of SK Telecom by 202.4% during the fourth quarter. Millennium Management LLC now owns 606,347 shares of the Wireless communications provider’s stock worth $12,448,000 after buying an additional 405,863 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of SK Telecom by 17.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,462,769 shares of the Wireless communications provider’s stock worth $50,561,000 after acquiring an additional 374,428 shares in the last quarter. JPMorgan Chase & Co. grew its position in SK Telecom by 80,378.7% during the 4th quarter. JPMorgan Chase & Co. now owns 328,353 shares of the Wireless communications provider’s stock worth $6,741,000 after acquiring an additional 327,945 shares during the last quarter. UBS Group AG increased its holdings in SK Telecom by 215.4% during the 4th quarter. UBS Group AG now owns 426,729 shares of the Wireless communications provider’s stock valued at $8,761,000 after purchasing an additional 291,418 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in SK Telecom in the 3rd quarter valued at $4,319,000.

About SK Telecom

(Get Free Report)

SK Telecom Co, Ltd. (NYSE:SKM) is South Korea’s largest wireless carrier, offering a comprehensive range of mobile telecommunications services. The company operates 5G, 4G LTE and IoT networks, providing voice, data and messaging solutions to consumers and businesses. Beyond traditional wireless services, SK Telecom delivers fixed-line broadband, digital content platforms, cloud computing and cybersecurity offerings designed to support enterprise digital transformation and the growing demand for high-speed connectivity.

Established in 1984 as Korea Mobile Telecommunications Services, SK Telecom pioneered cellular service commercialization in South Korea and has continually expanded into new technology areas.