SK Telecom Co., Ltd. (NYSE:SKM) Given Average Recommendation of “Reduce” by Brokerages

Posted by Stanley Muller on Jun 17th, 2026

Shares of SK Telecom Co., Ltd. (NYSE:SKM – Get Free Report) have been assigned an average rating of “Reduce” from the seven research firms that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company.

SKM has been the topic of several research analyst reports. Weiss Ratings cut shares of SK Telecom from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 27th. HSBC raised shares of SK Telecom from a “reduce” rating to a “hold” rating in a research note on Thursday, May 7th. Zacks Research upgraded shares of SK Telecom from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. Bank of America lowered shares of SK Telecom from a “neutral” rating to an “underperform” rating in a research report on Wednesday, February 18th. Finally, Citigroup lowered shares of SK Telecom from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 18th.

Check Out Our Latest Analysis on SKM

SK Telecom Stock Down 4.5%

SK Telecom stock opened at $36.78 on Wednesday. The stock has a market cap of $14.12 billion, a price-to-earnings ratio of 61.31, a PEG 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. The company’s 50-day moving average price is $37.92 and its two-hundred day moving average price is $29.89. SK Telecom has a 52 week low of $19.66 and a 52 week high of $47.18.

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

Hedge Funds Weigh In On SK Telecom

Large investors have recently made changes to their positions in the business. Boston Common Asset Management LLC boosted its position in shares of SK Telecom by 83.1% during the 4th quarter. Boston Common Asset Management LLC now owns 362,424 shares of the Wireless communications provider’s stock valued at $7,441,000 after purchasing an additional 164,472 shares in the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in shares of SK Telecom during the 3rd quarter valued at about $1,415,000. Teachers Retirement System of The State of Kentucky boosted its position in shares of SK Telecom by 18.2% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 221,300 shares of the Wireless communications provider’s stock valued at $4,543,000 after purchasing an additional 34,100 shares in the last quarter. Caprock Group LLC purchased a new position in shares of SK Telecom in the third quarter worth approximately $1,804,000. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of 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 worth $50,561,000 after acquiring an additional 374,428 shares in the last quarter.

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.