KB Securities raises its target for HPSP stock

Published on 10/14/2026 at 00:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KB lifted its target from KRW 65,000 to KRW 85,000 on October 6, 2026. Q4 profit for HPSP stock is KRW 68.1 billion.

Target revisions shape HPSP outlook

KB Securities raised its HPSP target to KRW 85,000 on October 6, 2026.
The broker forecast fourth-quarter operating profit of KRW 68.1 billion.
HPSP reported KRW 46.1 billion in second-quarter revenue on August 14, 2026.
The third-quarter filing deadline is November 16, 2026.

HPSP, KR7403870009, Illustration mit AI erstellt.

HPSP stock (ISIN KR7403870009) is the subject of a higher KRW 85,000 target after KB Securities lifted its view from KRW 65,000 on October 6, 2026. According to Newspim, the broker retained a Buy rating and linked the revision to expected expansion from foundry equipment into NAND and DRAM applications.

Three target revisions mark the timeline

On September 28, 2026, Daishin Securities raised its HPSP target from KRW 63,000 to KRW 71,000 while maintaining a Buy rating, according to Newspim. The same report cited additional growth expectations in DRAM, logic and foundry applications.

On August 14, 2026, HPSP reported second-quarter revenue of KRW 46.1 billion, net income of KRW 24.1 billion and earnings per share of KRW 296, according to Investing.com. The revenue figure was below the KRW 46.5 billion third-quarter forecast cited by KB Securities, while the broker expects fourth-quarter operating profit of KRW 68.1 billion.

What does the target revision change?

KB Securities raised its estimated three-year operating profit compound annual growth rate from 36.00 percent to 47.00 percent. Its fourth-quarter revenue forecast is KRW 124.4 billion, up 136.00 percent year over year, while operating profit is forecast to rise 148.00 percent to KRW 68.1 billion.

The comparison highlights the timing risk in HPSP's equipment business. The broker expects third-quarter revenue of KRW 46.5 billion and operating profit of KRW 23.3 billion, then forecasts a much larger fourth-quarter contribution as NAND-related orders are reflected.

Next filing date is November 16

The statutory deadline for HPSP's third-quarter report is November 16, 2026, according to Todaystk. That date gives the market a concrete checkpoint for comparing the KRW 46.5 billion third-quarter forecast with the later KRW 124.4 billion fourth-quarter estimate.

HPSP remains listed on KOSDAQ

HPSP Co., Ltd. trades under ticker 403870 on KOSDAQ in South Korea, according to Global Banking and Finance. The company makes high-pressure annealing equipment for semiconductor production, making the shift toward memory customers central to the revised earnings case.

Market report Market report KOSPI.