Samsung Electronics (SSNLF) Expected to Announce Quarterly Earnings on Thursday

Samsung Electronics (OTCMKTS:SSNLF) will likely be posting its resultson Thursday, July 30th. Analysts expect Samsung Electronics to announce earnings of $7.14 per share and revenue of $109.7434 billion for the quarter.

Samsung Electronics Stock Performance

Shares of OTCMKTS SSNLF opened at $140.00 on Thursday. Samsung Electronics has a 12-month low of $65.21 and a 12-month high of $140.00. The company has a market cap of $18.07 billion, a P/E ratio of 52.24 and a beta of 0.88. The stock has a fifty day moving average price of $140.00 and a 200 day moving average price of $101.02.

Wall Street Analyst Weigh In

Separately, Erste Group Bank downgraded Samsung Electronics from a “buy” rating to a “hold” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

More Samsung Electronics News

Here are the key news stories impacting Samsung Electronics this week:

• Positive Sentiment: Samsung unveiled its new Galaxy Z foldable lineup, including the Galaxy Z Fold8 Ultra, Fold8 and Flip8, broadening its premium smartphone offering and potentially boosting mobile revenue. Samsung Introduces All-New Foldable Lineup: Galaxy Z Fold8 Ultra, Fold8 and Flip8
• Positive Sentiment: The company said its robotics push is now a formal growth initiative, with a new Robotics eXperience unit reporting directly to CEO TM Roh, which may improve investor confidence in Samsung’s long-term AI and automation strategy. Samsung Electronics creates robotics division as key part of growth strategy
• Positive Sentiment: Reports that Samsung is in talks to invest in AI startup Mistral suggest the company is continuing to expand its AI footprint, which could be viewed as strategically supportive for future growth. Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports
• Neutral Sentiment: Samsung also introduced an AI-powered health assistant and other connected-device updates, reinforcing its ecosystem strategy but with less immediate financial impact than the foldable launch. Samsung Unveils Global Robotics Push With New RX Business Office
• Negative Sentiment: Samsung raised prices on two updated foldable models as memory chip costs rise, highlighting margin pressure in its handset business and potentially weighing on investor sentiment. Samsung unveils wider foldable phone, hikes prices as chip costs rise

About Samsung Electronics

Samsung Electronics Co, Ltd. is a South Korean multinational technology company headquartered in Suwon, South Korea. As a core subsidiary of the Samsung Group, the company designs, develops and manufactures a broad range of consumer electronics, mobile communications devices and semiconductor products. Its diversified portfolio spans televisions and home appliances, smartphones and network equipment, as well as memory and system LSI chips used across data centers and automotive platforms.

In the consumer electronics segment, Samsung is known for high-definition TVs, monitors, refrigerators, washing machines and air conditioners, incorporating smart connectivity and energy-efficient technologies.