Kakao stock reports 3.5 percent Q2 revenue growth
Published on 10/07/2026 at 02:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Kakao (KR7035720002) reported Q2 2026 revenue of KRW 2.10 trillion, up 3.5 percent from the same quarter a year earlier. The stock was last at KRW 33,475 on the KRX on October 7, 2026 at 9:05 a.m. KST, down 0.07 percent on the session.
Revenue reaches KRW 2.10 trillion
According to ATS View, Kakao posted KRW 2.10 trillion in Q2 revenue and KRW 277 billion in operating profit. The operating margin was 13.2 percent, compared with 10.9 percent in Q1 2026, while revenue rose from KRW 1.94 trillion to KRW 2.10 trillion between the two quarters.
The figures point to stronger operating leverage, but the earnings mix remains important. Q2 net income was KRW 18.0 billion in the quarterly table, far below operating profit, leaving the bottom line more volatile than the core operating result.
Targets fall despite Buy ratings
Hanwha Investment and Securities issued a Buy rating and cut its Kakao target from KRW 62,000 to KRW 54,000 on October 6, 2026, according to Newspim. The report cited weak advertising growth in Q3 2026 and the need for clearer evidence that AI services can generate traffic and revenue.
The broader consensus is more constructive but still reflects a wide valuation spread. StockHub lists 10 reports with 10 Buy ratings, a median target of KRW 54,000, an average of KRW 57,100, a high of KRW 70,000 and a low of KRW 50,000. The median target lies 61.3 percent above the October 7 price.
Kakao stock stays near its yearly low
Kakao stock sits at KRW 33,475 against a 52-week range of KRW 32,250 to KRW 69,700. The price is 3.8 percent above the yearly low and 51.9 percent below the yearly high, placing operating execution and AI monetization at the center of the valuation debate.
The market capitalization was KRW 14.8 trillion on October 7, 2026, while volume reached 25,994 shares. For investors, the key comparison is clear: Q2 operating profit improved to KRW 277 billion, yet the latest target reduction shows that future growth visibility remains central to the Kakao stock case.
Kakao stock key facts
- Company: Kakao Corp.
- ISIN: KR7035720002
- Ticker: 035720
- Trading venue: KRX KOSPI
- Price (as of October 7, 2026, 9:05 a.m. KST): KRW 33,475
- Market capitalization: KRW 14.8 trillion (as of October 7, 2026)
- 52-week range: KRW 32,250-69,700 (as of October 7, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
