SeAH Besteel targets Texas aerospace and analysts rate SeAH Besteel stock Strong Buy

Published on 10/14/2026 at 00:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eight analysts set a KRW 62,863 target for SeAH Besteel stock. Second-quarter 2026 revenue was KRW 1.14 trillion, up 17.80 percent year over year.

Texas expansion and analyst support

SeAH Besteel linked its Texas expansion to a USD 110 million investment on October 11, 2026.
Second-quarter 2026 revenue rose 17.80 percent year over year to KRW 1.14 trillion.
Eight analysts gave the stock a Strong Buy consensus and a KRW 62,863 average target on October 12, 2026.
Commercial production at the Texas plant is planned for the first half of 2027.

Seah Besteel, KR7001430008, Illustration mit AI erstellt.

SeAH Besteel is targeting the Texas aerospace supply chain, while analysts rate SeAH Besteel stock Strong Buy. Seoul Economic Daily reported on October 11, 2026, that the company plans commercial production at its Texas plant in the first half of 2027, while StockAnalysis listed a Strong Buy consensus from eight analysts on October 12, 2026.

What does Texas add?

The Texas project carries a USD 110 million investment and is designed to produce superalloy casting ingots and metal powders for space and aircraft engines. The plant is located in Temple, Texas, placing SeAH Superalloy Technologies near major aerospace customers and supply-chain operators.

The SpaceX connection remains a market possibility rather than a confirmed customer agreement. Seoul Economic Daily reported that SeAH Besteel aims to expand its customer base, while an LS Securities analyst said the existing supply relationship between SeAH Changwon Integrated Special Steel and SpaceX could create an entry opportunity if product quality meets requirements.

Revenue provides operating support

In the second quarter of 2026, SeAH Besteel recorded revenue of KRW 1.14 trillion, up 17.80 percent from the year-earlier quarter, and operating profit of KRW 59.27 billion. ATS View reported the figures from quarterly filings and also showed second-quarter net income of KRW 34.73 billion.

The earnings profile improved sequentially as well: operating profit rose from KRW 30.69 billion in the first quarter to KRW 59.27 billion in the second quarter, while net income increased from KRW 21.73 billion to KRW 34.73 billion. That combination gives the aerospace expansion a financial backdrop beyond its long-term growth narrative.

Three dated operating milestones

On February 1, 2026, SeAH Besteel began supplying the robot reducer material to SPG, according to PR Newswire. On June 30, 2026, second-quarter revenue reached KRW 1.14 trillion, and on October 11, 2026, the Texas project was reported with its USD 110 million investment.

Upcoming reporting date

StockAnalysis lists October 30, 2026, as the estimated next earnings date. The Texas plant is scheduled for commercial production in the first half of 2027, according to Seoul Economic Daily.

Analyst target and business expansion

StockAnalysis lists a KRW 62,863 average 12-month target from eight analysts, alongside a Strong Buy consensus, as of October 12, 2026. The target provides a measurable valuation reference, while the Texas investment and robot reducer steel production show two separate routes for SeAH Besteel to expand beyond traditional special-steel demand.