Brokerage : Kiwoom Securities Analyst : Jun-soo Kwon Investment Rating : BUY (Maintained) Target Price : KRW 820,000 (Raised) Core Momentum : Driven by strong demand in ESS and small-battery BBUs alongside a projected 4Q26 profit turnaround, medium- to long-term valuation re-rating is supported by visible market share recovery in Europe by 2028. 📊 1….
Brokerage : Shinhan Securities Analyst : Jin-myung Lee, Myung-joo Kim Investment Rating : BUY (Maintained) Target Price : KRW 800,000 (Raised) Core Momentum : Rapid growth in US grid ESS demand and robust cylindrical BBU orders, paired with 2H26 European volume EV launches and North American LFP capacity ramp-up, drive a projected operating profit turnaround…
Brokerage : iM Securities Analyst : Won-seok Jung, Jung-ha Park (RA) Investment Rating : Buy (Maintained) Target Price : KRW 800,000 (Raised) Core Momentum : Narrowing battery operating losses alongside surging AI data center ESS demand and intensifying US regulatory curbs on Chinese batteries are set to drive long-term earnings growth, supporting a buy-on-dips trading…
Brokerage : IBK Securities Analyst : Hyun-wook Lee Investment Rating : BUY (Maintained) Target Price : KRW 800,000 (Raised) Core Momentum : Confirming an earnings bottom in 1Q26 and entering an operational turnaround toward a 4Q26 operating profit, supported by rising European EV utilization and North American ESS capacity fully booked through 2028. 📊 1….
Brokerage : Mirae Asset Securities Analyst : Chul-joong Kim, Se-hoon Jung Investment Rating : BUY (Maintained) Target Price : KRW 1,000,000 (Raised) Core Momentum : Building on 1Q26 cost structure improvements, the company is poised for aggressive order expansion backed by the ongoing pursuit of SDC stake monetization, driving a full-year 2026 return to operating…
Brokerage : Hana Securities Analyst : Hyun-soo Kim, Ji-won Hong (RA) Investment Rating : BUY (Maintained) Target Price : KRW 857,000 (Raised) Core Momentum : Narrowing quarterly operating losses backed by rising Hungarian plant utilization and surging North American power-grid ESS demand, driving upward revisions for 2028 earnings and valuation multiple expansion. 📊 1. [Valuation…
Brokerage : DS Investment & Securities Analyst : Tae-yong Choi Investment Rating : BUY (Maintained) Target Price : KRW 840,000 (Raised) Core Momentum : Increasing visibility toward a 4Q26 operating profit turnaround, supported by expansion into European volume EV models and the ramp-up of the North American SPE LFP line leveraging Non-PFE supply chain strengths…
Brokerage : Hanwha Investment & Securities Analyst : Yong-wook Lee Investment Rating : BUY (Maintained) Target Price : KRW 820,000 (Raised) Core Momentum : Embarking on a sequential quarterly turnaround across all segments starting in 2026, while securing medium- to long-term earnings visibility toward 2028 and beyond via major new order wins from Hyundai/Kia, Mercedes-Benz,…
Brokerage : Kyobo Securities Analyst : Bo-young Choi Investment Rating : Buy (Maintained) Target Price : KRW 880,000 (Raised) Core Momentum : Repositioning from a component supplier to a critical power solution partner for cloud service providers (CSPs) by capturing rapid growth in AI data center BBU and high-margin UPS demand. 📊 1. [Valuation &…
Brokerage : SK Securities Analyst : Hyung-wou Park Investment Rating : BUY (Maintained) Target Price : KRW 810,000 (Raised) Core Momentum : Building a sequential earnings recovery path led by expanding North American ESS capacity, rising utilization rates (1Q 45% → 2H 65%), new EV program shipments, and higher AMPC recognition. 📊 1. [Valuation &…