Hana cuts target to KRW 7,700 for Kumho Tire stock

Published on 10/25/2026 at 00:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hana kept Buy on October 19 as Kumho Tire stock target fell to KRW 7,700. Third-quarter operating profit was seen 24 percent below consensus.

Target cuts expose earnings pressure

Hana Securities lowered its Kumho Tire target from KRW 8,300 to KRW 7,700 on October 19, 2026.
Third-quarter revenue was projected at KRW 1.22 trillion and operating profit at KRW 109.6 billion.
Kumho Tire had a market capitalization of KRW 1.5 trillion as of October 23, 2026.

Kumho Tire, KR7073240004, Illustration mit AI erstellt.

Kumho Tire (KR7073240004) faces a weaker near-term earnings outlook after Hana Securities lowered its target from KRW 8,300 to KRW 7,700 on October 19, 2026. Yonhap News Agency reported that the estimate reflected European tariffs and currency effects, while the Buy rating was maintained.

Three earnings signals in 2026

On April 28, 2026, Kumho Tire reported first-quarter operating profit of KRW 147 billion, up 0.3 percent from a year earlier, according to MarketScreener. On August 13, 2026, the company published second-quarter and first-half results; TradingView lists latest-quarter revenue of KRW 1.33 trillion and net income of KRW 129.65 billion. On October 19, 2026, Hana Securities cut its target from KRW 8,300 to KRW 7,700, as Yonhap News Agency reported.

What does the target cut mean?

The immediate issue is profitability rather than demand. Hana Securities projected third-quarter revenue of KRW 1.22 trillion, up 9 percent year over year, and operating profit of KRW 109.6 billion, up 1 percent, while the operating-profit estimate was 24 percent below market expectations, according to Global Economic Times. The same report put Kumho Tire's European tariff rate at 24.4 percent and estimated third-quarter tariff costs at KRW 40 billion.

The next reporting date

TradingView lists November 16, 2026, as Kumho Tire's next earnings-report date. That date gives investors a defined checkpoint for testing the KRW 109.6 billion operating-profit forecast and the effect of tariff costs.

Kumho Tire stock stays earnings-led

Kumho Tire stock stood at KRW 6,100 on October 19, 2026. Market capitalization was KRW 1.5 trillion as of October 23, 2026, while the 52-week range was KRW 4,220 to KRW 8,850.