LG Electronics, US50186Q2021

LG Electronics stock gained 7.64 percent on October 6

Published on 10/07/2026 at 00:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LG Electronics stock reached KRW 232,500 on October 6, while market capitalization stood at KRW 37.8 trillion. A 5 GW AI cooling agreement and Q2 revenue growth of 14.9 percent frame the move.

LG Electronics, US50186Q2021, Illustration mit AI erstellt.

LG Electronics stock (ISIN US50186Q2021) was last at KRW 232,500 on the KOSPI on October 6, 2026, at 3:30 p.m. KST, up 7.64 percent from KRW 216,000. The move followed a fresh expansion of the company's AI data center cooling business.

AI cooling expands in North America

According to LG Electronics on October 5, 2026, its U.S. subsidiary signed a long-term supply agreement with AIR Control Concepts for cooling systems serving North American AI data centers.

The agreement covers projects with more than 5 GW of capacity. LG will supply advanced chillers for data centers in the United States and Canada, giving its heating, ventilation and air conditioning business a direct connection to the AI infrastructure buildout.

Orders add operating scale

LG said first-half 2026 orders for data center cooling solutions exceeded USD 428 million, and it expects full-year orders to reach several billion dollars, according to the October 5 release from LG Electronics.

In Q2 2026, revenue reached KRW 23.8 trillion, up 14.9 percent from a year earlier, while operating profit was KRW 1.58 trillion, according to ATS View. The combination of higher quarterly sales and expanding cooling orders gives the AI theme a measurable operating base.

Analysts keep a Buy consensus

Investing.com lists a Buy consensus from 26 analysts, with 22 Buy ratings, 4 Holds and 0 Sells. The average 12-month target is KRW 226,654, with a high of KRW 350,000 and a low of KRW 130,000.

Shinhan Investment and Securities raised its LG Electronics target from KRW 180,000 to KRW 290,000 on October 2, 2026, while maintaining a Buy rating, as ChosunBiz reported. The 61 percent target increase places greater weight on robotics and HVAC growth than on the legacy appliance cycle.

Stock levels after the surge

LG Electronics stock was last at KRW 232,500 on the KOSPI on October 6, 2026, at 3:30 p.m. KST, with a session range of KRW 226,000 to KRW 235,000. Its 52-week range is KRW 76,400 to KRW 438,000, and market capitalization is KRW 37.8 trillion.