Daishin cuts target for LIG Nex1 stock to KRW 830,000

Published on 10/20/2026 at 03:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Daishin cut LIG Nex1 stock's target from KRW 990,000 to KRW 830,000. Second-quarter 2026 revenue was KRW 1.11 trillion, up 17.40 percent.

Targets and operating results

Daishin cut its target from KRW 990,000 to KRW 830,000 on October 19, 2026.
Second-quarter 2026 revenue reached KRW 1.11 trillion, up 17.40 percent year over year.
The next filing deadline is November 16, 2026.

LIG Nex1, KR7079550000, Illustration mit AI erstellt.

LIG Nex1 stock is facing lower analyst targets after development costs put pressure on expected third-quarter profit. On October 19, 2026, Daishin Securities cut its target from KRW 990,000 to KRW 830,000, while Hyundai Motor Securities reduced its target from KRW 1.32 million to KRW 925,000, according to MK.

Targets reflect profit pressure

Daishin estimated third-quarter revenue at KRW 1.20 trillion and operating profit at KRW 80.00 billion. That would mean revenue growth of 12.30 percent from a year earlier, but operating profit would fall 8.90 percent, according to MK.

Hyundai Motor Securities projected third-quarter revenue of KRW 1.21 trillion and operating profit of KRW 90.00 billion. The same report put the expected operating margin at 7.40 percent, down from 9.50 percent in the second quarter.

What does the revision change?

The central issue is execution cost rather than demand alone. LIG Nex1 generated KRW 1.11 trillion in revenue and KRW 103.21 billion in operating profit in the second quarter of 2026, according to the standardized financial statement. Revenue was 17.40 percent higher than a year earlier, while the second-quarter operating margin was 9.30 percent.

Three recent milestones

The company approved KRW 39.00 billion in advance payments to defense contractors on September 29, 2026. On October 14, 2026, it teamed up with Firehawk to develop rocket propulsion for the US market. Both events were listed in the company coverage chronology by MarketScreener.

Next filing date

The next dated company event is the November 16, 2026 deadline for the quarterly filing, as listed by ATS View. For investors, that filing should clarify whether the higher development-cost burden is temporary or is reshaping the earnings profile.

Stock remains below its yearly high

LIG Nex1's latest finance quote was KRW 556,000.00 on the Korea S.E. on October 20, 2026 at 9:58 a.m. KST. The quote showed a market capitalization of KRW 12.1 trillion, while the one-year range ran from KRW 360,000.00 to KRW 1,118,000.00. The company is identified as LIG Defense & Aerospace Co., Ltd., formerly LIG Nex1, with ticker 079550 and ISIN KR7079550000.