Hyundai Motor stock: LS Securities cuts target to KRW 520,000 for Hyundai Motor stock

Published on 10/19/2026 at 17:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LS Securities sees revenue at KRW 42.4 trillion for the third quarter on October 16, 2026. Hyundai Motor stock costs KRW 326,000 on October 19, up 4.49 percent on KRX.

Analyst view and valuation

LS Securities lowered its Hyundai Motor target from KRW 650,000 to KRW 520,000 on October 16, 2026.
The firm projected third-quarter revenue of KRW 42.4 trillion and operating profit of KRW 2.5 trillion.
Hyundai Motor stock costs KRW 326,000 at 3:30 p.m. KST on October 19, 2026, up 4.49 percent on KRX versus the prior close.
Hyundai Motor trades at a P/E ratio of 10.50, with earnings expected on October 22, 2026.

Hyundai Motor, KR7005380001, Illustration mit AI erstellt.

LS Securities lowered its target for Hyundai Motor from KRW 650,000 to KRW 520,000 on October 16, 2026, while maintaining its Buy rating. The new target stands 59.51 percent above the KRW 326,000 share price reported for October 19. The stock costs KRW 326,000 at 3:30 p.m. KST on October 19, 2026, up 4.49 percent versus the prior close on KRX.

Production disruption shapes estimates

According to Financial News, LS Securities projected third-quarter revenue of KRW 42.4 trillion, down 9.40 percent from a year earlier. Operating profit was estimated at KRW 2.5 trillion, 3.60 percent below market expectations. The report attributed the pressure to July and August strikes and forecast better production and new-model support in the fourth quarter.

The same report put global wholesale sales at 918,000 vehicles in the third quarter, down 11.50 percent year over year. Excluding China, sales were projected at 909,000 vehicles, down 9.60 percent. Those figures make the upcoming earnings release more important than the target cut itself.

Price position and trading activity

Hyundai Motor's 52-week range is KRW 241,500 to KRW 783,000, placing the stock 58.37 percent below its high. The October 19 volume was 595,938 shares against an average of 624,194 shares. The latest quote therefore sits below the yearly peak while trading activity remains near its recent average.

Valuation and earnings date

Hyundai Motor's market capitalization is KRW 66.0 trillion, its P/E ratio is 10.50 and its dividend yield is 0.03 percent. MarketBeat lists October 22, 2026 as the estimated next earnings date, after the market closes. The date is close enough to keep the third-quarter revenue and operating-profit forecasts central to the stock's near-term debate.

Comparison with peers

Hyundai Motor: plus 4.49 percent, P/E 10.50, market capitalization KRW 66.0 trillion

Kia (KRX, KRW): plus 5.26 percent, P/E 6.41, market capitalization KRW 45.1 trillion

Toyota Motor (TSE, JPY): plus 0.26 percent, P/E 8.83, market capitalization JPY 36.7 trillion

KRX listing and market perspective

Global Banking and Finance identifies Hyundai Motor under ticker 005380.KS on KRX and links the company to ISIN KR7005380001. The combination of a 4.49 percent daily gain, a target cut and an earnings date within days leaves production recovery as the key metric for the next update.

Hyundai Motor was trading at KRW 326,000 at 3:30 p.m. KST on October 19, 2026, up 4.49 percent versus the prior close on KRX.