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Brokerage : Kiwoom Securities Analyst : Hangyeol Lee Investment Rating : BUY (Maintain) Target Price : KRW 1,250,000 (Maintain) Core Momentum : Strong 1Q26 earnings surprise driven by UAE Cheongung-II exports, with expanding order pipelines across the Middle East (Qatar, Kuwait) and Southeast Asia amid structural global air defense demand 1. [Valuation & Key Financial…

Read More “[Research] LIG D&A (079550) – Kiwoom Securities | Expanding Order Opportunities · 1Q26 Earnings Beat · Global Air Defense Growth / 2026-05-08” »

Brokerage : iM Securities Analyst : Yongjin Byun Investment Rating : Buy (Upgrade) Target Price : KRW 1,230,000 (Upward) Core Momentum : Substantial 1Q26 earnings beat driven by UAE Cheongung-II early deliveries, with target price raised by applying a 50x Target P/E to 2028E EPS amid PAC-3 shortages and surging Middle Eastern demand 1. [Valuation…

Read More “[Research] LIG D&A (079550) – iM Securities | Premier Air Defense Scarcity · Target Price Upgrade · Global Inquiries / 2026-05-08” »

Brokerage : Shinhan Securities Analyst : Dong-heon Lee, Jihan Lee Investment Rating : BUY (Maintain) Target Price : KRW 980,000 (Upward) Core Momentum : 1Q26 earnings surprise driven by accelerated Middle East deliveries, underpinned by a KRW 25.3T backlog and structural global demand expansion post-Iran conflict 1. [Valuation & Key Financial Metrics] 2. [Market Opportunities…

Read More “[Research] LIG D&A (079550) – Shinhan Securities | 1Q26 Surprise · Demand Surge · Long-term Compounding / 2026-05-08” »

Brokerage : SK Securities Analyst : Shane Han, RA Seoyoung Ko Investment Rating : BUY (Maintain) Target Price : KRW 1,150,000 (Maintain) Core Momentum : Substantial 1Q26 earnings beat driven by high-margin export mix, 70-80% capacity utilization headroom, and structural Q*P compounding supported by 2026-2027 CapEx investments 1. [Valuation & Key Financial Metrics] 2. [Market…

Read More “[Research] LIG D&A (079550/KS) – SK Securities | 1Q26 Earnings Beat · Overdone Correction · Global Demand Expansion / 2026-05-08” »

Brokerage : Eugene Investment & Securities Analyst : Seungyun Yang Investment Rating : BUY (Maintain) Target Price : KRW 1,040,000 (Maintain) Core Momentum : Massive 1Q26 earnings beat driven by high-margin non-Cheongung exports (Raybolt, Poniard, Chiron), supported by a KRW 4T non-Cheongung backlog and expanding pipelines including US Poniard and European markets 1. [Valuation &…

Read More “[Research] LIG D&A (079550) – Eugene Investment & Securities | Non-Cheongung Potential · High-margin Legacy Defense · Earnings Surprise / 2026-05-08” »

Brokerage : Hana Securities Analyst : Woonsam Chae Investment Rating : BUY (Maintain) Target Price : KRW 1,110,000 (Maintain) Core Momentum : Strong 1Q26 earnings beat driven by high-margin UAE Cheongung-II follow-on services and early deliveries, underpinned by a KRW 25.3T backlog ensuring 5.9 years of forward revenue 1. [Valuation & Key Financial Metrics] 2….

Read More “[Research] LIG D&A (079550) – Hana Securities | 1Q26 Earnings Beat · Backlog Re-rating · High-margin Follow-on Services / 2026-05-08” »

Brokerage : Daishin Securities Analyst : Jeonghwan Cho, CFA Investment Rating : BUY (Maintain) Target Price : KRW 1,100,000 (Maintain) Core Momentum : Strong 1Q26 operating profit surprise driven by high-margin UAE Cheongung-II maintenance and spare parts, with accelerated growth post-2027 anchored by three Middle Eastern contracts 1. [Valuation & Key Financial Metrics] 2. [Market…

Read More “[Research] LIG D&A (079550) – Daishin Securities | 1Q26 Review · Earnings Surprise · Export Diversification / 2026-05-08” »