SK Telecom (NYSE:SKM) Shares Gap Down – Should You Sell?

Posted by Geri Gentry on Jun 10th, 2026

Shares of SK Telecom Co., Ltd. (NYSE:SKM – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $41.21, but opened at $38.60. SK Telecom shares last traded at $38.8710, with a volume of 826,464 shares.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on SKM shares. Wall Street Zen raised SK Telecom from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Bank of America lowered SK Telecom from a “neutral” rating to an “underperform” rating in a report on Wednesday, February 18th. Weiss Ratings lowered SK Telecom from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 27th. Zacks Research raised SK Telecom from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. Finally, HSBC raised SK Telecom from a “reduce” rating to a “hold” rating in a report on Thursday, May 7th. Four research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, SK Telecom has an average rating of “Reduce”.

View Our Latest Stock Report on SK Telecom

SK Telecom Price Performance

The stock has a fifty day simple moving average of $37.06 and a two-hundred day simple moving average of $29.26. The company has a market cap of $14.75 billion, a PE ratio of 64.04, a price-to-earnings-growth ratio of 0.24 and a beta of 0.60. The company has a current ratio of 1.03, a quick ratio of 1.00 and a debt-to-equity ratio of 0.59.

SK Telecom (NYSE:SKM – Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The Wireless communications provider reported $0.57 EPS for the quarter, topping the consensus estimate of $0.47 by $0.10. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.98 billion. SK Telecom had a return on equity of 2.84% and a net margin of 2.03%. On average, equities analysts predict that SK Telecom Co., Ltd. will post 2.76 EPS for the current fiscal year.

Institutional Trading of SK Telecom

Several large investors have recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. grew its holdings in SK Telecom by 17.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,462,769 shares of the Wireless communications provider’s stock valued at $50,561,000 after purchasing an additional 374,428 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in SK Telecom by 2.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,253,677 shares of the Wireless communications provider’s stock valued at $48,679,000 after purchasing an additional 60,242 shares during the last quarter. Great Lakes Advisors LLC grew its holdings in SK Telecom by 1.1% in the fourth quarter. Great Lakes Advisors LLC now owns 1,117,361 shares of the Wireless communications provider’s stock valued at $22,939,000 after purchasing an additional 12,672 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in SK Telecom by 1.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 923,579 shares of the Wireless communications provider’s stock valued at $18,961,000 after purchasing an additional 12,848 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in SK Telecom by 9.6% in the third quarter. Bank of America Corp DE now owns 886,930 shares of the Wireless communications provider’s stock valued at $19,158,000 after purchasing an additional 77,763 shares during the last quarter.

SK Telecom Company Profile

(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.