Hyundai Wia stock gained 1.13 percent as Slovakia plant starts

Published on 10/07/2026 at 00:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hyundai Wia stock traded between KRW 53,300 and KRW 54,300 on October 6. Second-quarter revenue rose 8.0 percent year over year to KRW 2.35 trillion.

Hyundai Wia, KR7011210002, Illustration mit AI erstellt.

Hyundai Wia (ISIN KR7011210002) was last at KRW 53,800 on the KOSPI on October 6, 2026 at 3:30 p.m. KST, up 1.13 percent from the previous close. The company has started mass production at a new Slovakia facility, giving its electric vehicle parts strategy a more tangible production base.

Slovakia plant begins production

As Seoul Economic Daily reported on October 1, 2026, Hyundai Wia held a mass-production ceremony at the plant in Martin, Slovakia, on September 30. The facility can produce up to 800,000 constant velocity joints and 280,000 coolant modules per year.

The plant supplies drivetrain and thermal management components to Hyundai Motor, Kia and other global automakers. Hyundai Wia also plans to expand constant velocity joint capacity by as much as fivefold and add heating, ventilation and air conditioning modules, according to MarkLines on October 6, 2026.

Revenue grows in Q2 2026

The operating backdrop was mixed. In the second quarter of 2026, revenue reached KRW 2.35 trillion, up 8.0 percent from the same quarter a year earlier, while operating profit was KRW 50.4 billion and the operating margin was 2.1 percent, according to ATS View.

That comparison points to the central issue for the stock. Sales expanded at a faster pace than the operating result, so the Slovakia ramp must eventually add capacity without weakening profitability.

Consensus target remains above price

The analyst picture remains more optimistic than the share price. StockHub lists 9 published target prices as of July 29, 2026, with an average of KRW 91,333, a high of KRW 100,000 and a low of KRW 80,000. The average target lies 69.8 percent above the October 6 price of KRW 53,800.

The target spread also shows how much execution matters. The upper target is KRW 46,200 above the latest price, while the lower target is KRW 26,200 higher, leaving the European production rollout as an important test of the assumptions behind the estimates.

Stock remains below yearly high

Hyundai Wia stock was last at KRW 53,800 on October 6, 2026, with a session range of KRW 53,300 to KRW 54,300 and volume of 59,686 shares. Its 52-week range was KRW 46,950 to KRW 112,600, while market capitalization stood at KRW 1.4 trillion.