HD Hyundai Marine Solution, KR7443060009

Daol raises target for HD Hyundai Marine Solution stock to KRW 310,000

Published on 10/14/2026 at 05:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goltens deal covers USD 247 million signed October 8, 2026. For HD Hyundai Marine Solution stock, second-quarter revenue rose 24.10 percent.

Service expansion and earnings

Daol Investment and Securities lifted its target from KRW 290,000 to KRW 310,000 on October 12, 2026.
HD Hyundai Marine Solution agreed to acquire 100.00 percent of Goltens for USD 247 million on October 8, 2026.
Second-quarter revenue reached KRW 580.0 billion, up 24.10 percent year over year.

HD Hyundai Marine Solution, KR7443060009, Illustration mit AI erstellt.

Daol Investment and Securities raised its target for HD Hyundai Marine Solution stock from KRW 290,000 to KRW 310,000 on October 12, 2026, according to Yonhap. The analyst house kept its Buy rating after the company agreed to acquire Goltens, a global engine maintenance, repair and overhaul specialist.

Three dated company milestones

On August 14, 2026, HD Hyundai Marine Solution reported second-quarter revenue of KRW 580.0 billion, up 24.10 percent year over year, and operating profit of KRW 97.6 billion, according to ATS View. On October 8, 2026, the company signed an agreement to acquire 100.00 percent of Goltens for USD 247 million, as Goltens announced. On October 12, 2026, Daol lifted its target from KRW 290,000 to KRW 310,000, according to Yonhap.

What does Goltens add?

Goltens brings 28 service locations across 15 countries, giving HD Hyundai Marine Solution an established field network for marine and land-based engine services. The acquisition also adds access to independent customers and multi-brand maintenance capabilities, broadening the aftermarket business beyond the group fleet.

The deal is strategically larger than its USD 247 million headline value because it combines parts, retrofit and digital solution sales with recurring service work. Goltens said completion is anticipated in the late fourth quarter of 2026 or early first quarter of 2027, while the acquired company is expected to retain its independent operating model.

Revenue growth meets execution risk

The second-quarter revenue increase of 24.10 percent was accompanied by KRW 97.6 billion in operating profit, equal to a 16.80 percent operating margin, according to ATS View. For investors, the key question is whether Goltens can expand customer reach without diluting the profitability of the existing aftermarket platform.

Market value and next milestone

HD Hyundai Marine Solution had a market capitalization of KRW 9.9 trillion as of October 14, 2026. The next dated corporate milestone is the expected Goltens completion window from the late fourth quarter of 2026 to the early first quarter of 2027.