KakaoPay stock: LS Securities cuts target for KakaoPay stock to KRW 57,000

Published on 10/23/2026 at 05:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LS Securities cut its target from KRW 61,000 to KRW 57,000 on October 13, 2026. KakaoPay stock is forecast to post KRW 301.1 billion in third-quarter revenue.

Target cut and earnings outlook

LS Securities lowered its KakaoPay target to KRW 57,000 on October 13, 2026.
Third-quarter revenue was projected at KRW 301.1 billion in the October 13, 2026 report.
Q2 2026 revenue reached KRW 335.1 billion and net income reached KRW 40.0 billion.

KakaoPay, KR7377300009, Illustration mit AI erstellt.

KakaoPay (ISIN KR7377300009) faces a lower earnings bar after LS Securities cut its target from KRW 61,000 to KRW 57,000 on October 13, 2026. Buffett Research reported that the brokerage kept its Buy rating while forecasting third-quarter revenue of KRW 301.1 billion and operating profit of KRW 31.9 billion.

What does the target cut mean?

The forecast points to a mixed operating picture. Third-quarter revenue was projected to rise 26.3 percent from a year earlier but fall 10.1 percent from the previous quarter, while operating profit was expected to increase 102.0 percent year over year and decline 45.5 percent quarter over quarter, according to Buffett Research.

The pressure is concentrated in the securities business, where lower domestic trading activity was expected to reduce fee revenue. Payments remain the counterweight: LS Securities projected payment-services revenue of KRW 147.2 billion, up 13.5 percent from a year earlier, in the same October 13, 2026 report.

Three dates shape the story

On October 3, 2026, Simply Wall St cited second-quarter revenue of KRW 335.1 billion and net income of KRW 40.0 billion, compared with KRW 238.3 billion and KRW 12.7 billion in the prior-year quarter. On October 13, 2026, LS Securities lowered its target to KRW 57,000. On October 19, 2026, KakaoPay scheduled its third-quarter results disclosure for November 3, 2026.

Dates for the next report

TipRanks reported that KakaoPay will present consolidated and separate third-quarter figures for the period from January 1 to September 30, 2026, on November 3, 2026, at 4:00 p.m. The announcement also described a management presentation and question-and-answer session.

Stock context for investors

KakaoPay operates mobile payment, lending, securities and insurance services in South Korea. Its KRX listing uses ticker 377300, and the October 13, 2026 analyst report put full-year revenue at KRW 1.247 trillion and operating profit at KRW 152.9 billion.