Category: EV & Battery

Brokerage : Mirae Asset Securities Analyst : Chul-joong Kim, Min-hui Kang Investment Rating : BUY (Maintained) Target Price : KRW 450,000 (Maintained) Core Momentum : Potential cash inflow of ~KRW 10 Trillion and major balance-sheet deleveraging assuming an SDC stake sale, paired with expanding order backlogs from North American ESS line conversions and a 6-month…

Read More “[Research] Samsung SDI (006400) – Mirae Asset Securities | Hypothetical SDC Stake Monetization · North American ESS Acceleration · Valuation Appeal / 2026-01-19” »

Brokerage : Hanwha Investment & Securities Analyst : Yong-wook Lee Investment Rating : Buy (Maintained) Target Price : KRW 350,000 (Lowered) Core Momentum : While 4Q25 results remained soft and EV battery recovery is delayed, commercial NCA ESS shipments from the STLA JV and the planned 2H26 North American LFP ESS startup serve as the…

Read More “[Research] Samsung SDI (006400) – Hanwha Investment & Securities | Delayed EV Recovery · ESS Highlights as Sole Driver · Target Price Cut / 2026-01-07” »