Hyosung Heavy stock: SK Securities cuts target to KRW 2.50 million for Hyosung Heavy stock

Published on 10/23/2026 at 00:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SK Securities cut its target to KRW 2.50 million on October 19, 2026. Hyosung Heavy stock was last at KRW 1,924,000 on October 22, 2026.

Analyst view and earnings setup

SK Securities cut its target to KRW 2.50 million on October 19, 2026.
Third-quarter revenue was projected at KRW 1.98 trillion, up 21.90 percent year over year.
Hyosung Heavy stock was last at KRW 1,924,000 on October 22, 2026.

Hyosung Heavy, KR7298040007, Illustration mit AI erstellt.

Hyosung Heavy (ISIN KR7298040007) was last at KRW 1,924,000 on the KRX on October 22, 2026. The latest analyst view combines a lower valuation target with projected third-quarter growth in revenue and operating profit.

According to EDAILY on October 19, 2026, SK Securities maintained its Buy rating while cutting the target price from KRW 4.00 million to KRW 2.50 million. The report attributed the change to weaker valuations in power equipment and the pace at which the order backlog converts into revenue.

Three dated signals shape the view

The chronology shows a sharp shift in valuation while operating expectations stayed constructive. On October 14, 2026, Korea Investment & Securities set a KRW 4.00 million target and projected third-quarter revenue of KRW 1.81 trillion, up 11.70 percent year over year, according to Financial News. On October 19, SK Securities used a KRW 2.50 million target and forecast revenue of KRW 1.98 trillion, up 21.90 percent. On October 22, the KRX quote stood at KRW 1,924,000.

What does the target cut mean?

The key issue is profitability rather than demand alone. SK Securities projected third-quarter operating profit of KRW 277 billion, up 26.10 percent year over year, but 10.60 percent below consensus. The estimate included delayed revenue recognition caused by shipping disruption and one-time construction costs, according to Aju Press.

The order backdrop remains substantial. Korea Investment & Securities estimated third-quarter new orders at least at KRW 2.50 trillion and said the company could exceed its annual order target of KRW 12.00 trillion. That combination makes delivery timing and margin conversion the central measures for the next results release.

Next reporting date

TradingView lists October 23, 2026 as the next earnings date for Hyosung Heavy, according to its TradingView forecast page.

KRW 1.92 million market reference

Hyosung Heavy was last at KRW 1,924,000 on the KRX on October 22, 2026 at 3:30 p.m. KST. The finance quote also placed the 52-week range at KRW 1,707,000 to KRW 4,742,000 and market capitalization at KRW 17.9 trillion on that date.

Market context: Market report KOSPI.