Meritz Cuts SKC Stock Target to KRW 135,000 in Third-Quarter Preview

Published on 10/25/2026 at 01:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Meritz cut its target from KRW 140,000 to KRW 135,000 on October 22, 2026. SKC stock closed at KRW 82,200 on October 23, 2026.

Analyst target and reporting dates

Meritz Securities cut its SKC target from KRW 140,000 to KRW 135,000 on October 22, 2026.
SKC stock closed at KRW 82,200 on the Korea Exchange on October 23, 2026.
SKC scheduled investor-relations events for October 28, 2026 and October 29, 2026.

SKC, KR7011790003, Illustration mit AI erstellt.

SKC (KR7011790003) faces a lower analyst target after Meritz Securities cut its price objective from KRW 140,000 to KRW 135,000 on October 22, 2026. The report retained a Buy rating while highlighting inventory-loss effects in its third-quarter preview, according to Nate.

Why the target was cut

Meritz's new target is KRW 5,000 below its previous objective, a reduction of 3.57 percent based on the figures in the October 22 report. The same report put the average target across covered securities firms at KRW 110,750, leaving Meritz's target KRW 24,250 above that average.

The valuation debate comes as SKC works through weak consolidated earnings. For the second quarter of 2026, revenue was KRW 645.40 billion, while consolidated net income was a loss of KRW 88.20 billion and operating profit was a loss of KRW 14.40 billion.

What does the target mean?

The target still sits above the latest KRX close, but the reduction shows that the inventory issue has become a material earnings variable. SKC's shares closed at KRW 92,300 on October 20, 2026, KRW 85,700 on October 22, 2026 and KRW 82,200 on October 23, 2026. The three-session sequence gives the analyst revision a clear market backdrop.

Three dated stock developments

On October 20, 2026, SKC closed at KRW 92,300; on October 22, 2026, it closed at KRW 85,700 while Meritz set a KRW 135,000 target; on October 23, 2026, it closed at KRW 82,200. These three dated figures show the stock's recent repricing without treating the analyst target as a guaranteed outcome.

Upcoming company dates

SKC scheduled investor-relations events for October 28, 2026 and October 29, 2026, according to MarketSignal. The next earnings date listed for SKC is November 3, 2026, according to TradingView.

Stock stays under pressure

SKC's market capitalization was KRW 3.99 trillion as of October 23, 2026, while its 52-week range was KRW 61,100 to KRW 184,400. The next reporting dates and the handling of inventory losses will determine whether the lower target becomes a floor or another step in the reset.