Hankook supplies iON tires to Volkswagen: 17 analysts cover Hankook stock

Published on 10/25/2026 at 02:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Six Red Dot honors went to Hankook on October 16, 2026. The average target for Hankook stock is KRW 84,058.82 from 17 analysts.

Business links and valuation

Hankook supplied iON tires for Volkswagen electric vehicles in an October 21, 2026 report.
Seventeen analysts put the average target at KRW 84,058.82 on October 21, 2026.
Hankook had a KRW 7.3 trillion market capitalization as of October 23, 2026.

Hankook, KR7161390000, Illustration mit AI erstellt.

Hankook Tire & Technology (KR7161390000) was reported to supply iON tires for Volkswagen electric vehicle models on October 21, 2026, while 17 analysts carried an average target of KRW 84,058.82. MarketScreener listed the supply item and the consensus figures on that date.

What does the Volkswagen link add?

The iON range gives Hankook a direct connection to the electric vehicle market, where original-equipment supply can support brand visibility beyond replacement tires. The October 21 report named Volkswagen electric vehicle models but did not disclose a contract value or unit count, so the investment case rests on the product connection rather than a quantified order.

The financial backdrop is stronger than the event figure alone suggests. Hankook recorded KRW 5.68 trillion in revenue and KRW 559.1 billion in operating income in the second quarter of 2026, according to the standardized quarterly financial record for the company. Revenue increased by KRW 368.6 billion from the first quarter, while operating income rose by KRW 52.1 billion. These figures point to a sequential improvement, although the quarterly accounting data are separate from the Volkswagen supply announcement.

Why does the valuation matter?

The average target of KRW 84,058.82 stood 39.86 percent above Hankook's KRW 60,100 closing price on October 23, 2026, with 17 analysts included in the consensus. MarketScreener also showed the stock's 52-week range at KRW 43,700.00 to KRW 78,400.00. The closing price was 37.53 percent above the lower end of that range, leaving the stock below its reported high while the consensus target remained above it.

Hankook's recent product record adds a second operating signal. Seoul Economic Daily reported on October 23, 2026, that the Winter i*cept evo4 ranked first in a German winter tire test involving 10 products. The tire scored 1.3 overall and delivered 5 percent better snow grip than its earlier model, according to the report.

Which dates frame the story?

PR Newswire said on October 8, 2026, that Hankook supplied rally tires across all classes in the WRC season finale, which covered 17 special stages. On October 16, 2026, Hankook Tire said its concepts received two Best of the Best honors and four Winner awards at the 2026 Red Dot Design Award.

Market value sets the frame

Hankook had a KRW 7.3 trillion market capitalization as of October 23, 2026. The combination of a KRW 84,058.82 analyst target, KRW 5.68 trillion second-quarter revenue and new electric vehicle supply links gives investors three distinct measures for assessing the stock's next phase.

The further course of trading is shown by the market reports for the KOSPI.