LG Innotek stock fell 1.71 percent after strong half-year profit

Published on 10/05/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LG Innotek reported USD 8.22 billion in first-half revenue on September 30, up 24 percent year over year. Analysts set a KRW 1,048,077 average target.

LG Innotek, KR7011070000, Illustration mit AI erstellt.

LG Innotek stock (ISIN KR7011070000) was last at KRW 574,000 on the KRX on October 2, 2026 at 3:30 p.m. KST, down 1.71 percent from the previous session. The company then presented a first-half performance that shifts attention from smartphone exposure toward semiconductor substrates and physical AI.

Profit rebounds in the first half

According to LG Innotek on September 30, 2026, first-half revenue reached USD 8.22 billion, up 24 percent year over year. Operating profit climbed 296 percent to USD 401.96 million, giving the company a markedly stronger earnings base during a traditionally weaker part of its fiscal year.

The comparison is substantial: revenue growth was accompanied by profit growth more than twelve times as large in percentage terms. Automotive World reported on September 30, 2026, that the company had begun high-volume production of substrates for PC processors in the third quarter.

Substrates broaden the earnings mix

The strategic message is clear in the operating detail. LG Innotek said its package solution business is being developed around semiconductor substrates, while autonomous-driving sensing combines cameras, lidar and radar. The company also said robotics component revenue began in 2026, with camera modules for humanoid robot customers in production at its Paju factory.

That expansion creates a counterweight to the handset cycle, but the stock market still prices the company below its recent high. The KRX quote spans KRW 182,600 to KRW 1,788,000 over 52 weeks, while the market capitalization stands at KRW 13.6 trillion and trading volume reached 160,860 shares on October 2, 2026.

Analyst target stays above the stock

Investing.com lists a Buy consensus from 26 analysts, with 23 Buy ratings, 2 Hold ratings and 1 Sell rating. The average 12-month price target is KRW 1,048,077, with a high of KRW 2,000,000 and a low of KRW 350,000; the target lies 82.59 percent above the October 2 price.

The next scheduled earnings date is October 28, 2026, according to Investing.com. Until then, the key test is whether substrate growth and physical-AI projects can offset the near-term variability of the mobile camera business.

LG Innotek stock stays below its yearly high

LG Innotek stock was last at KRW 574,000 on the KRX on October 2, 2026 at 3:30 p.m. KST, with a 52-week range of KRW 182,600 to KRW 1,788,000 and market capitalization of KRW 13.6 trillion.