LG Electronics stock gets KRW 265,000 target after Q3 miss
Published on 10/08/2026 at 09:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLG Electronics (ISIN US50186Q2021) stock was last at KRW 200,500 on KOSPI at 3:30 p.m. KST on October 8, 2026, down 3.61 percent from KRW 208,000. Seoul Economic Daily reported on October 8 that DB Securities raised its target to KRW 265,000 and kept its Buy rating after the preliminary third-quarter figures.
DB lifts target to KRW 265,000
The new DB Securities target stands 32.2 percent above the October 8 price. The brokerage's view contrasts with the market reaction to the preliminary earnings release, which had pushed the previous close to KRW 208,000.
According to Seoul Economic Daily on October 8, DB Securities estimated parent-only operating profit at KRW 701.2 billion, compared with its earlier estimate of KRW 720 billion. That estimate was up 46.2 percent from the same period a year earlier, while logistics costs and weaker domestic air conditioner sales weighed on consolidated results.
Profit grows but misses consensus
LG Electronics reported preliminary consolidated third-quarter 2026 revenue of KRW 23.83 trillion and operating profit of KRW 781.80 billion on October 7. Revenue increased 8.9 percent year over year, while operating profit rose 13.5 percent.
The operating profit nevertheless fell short of the KRW 1.0301 trillion market consensus cited by Seoul Economic Daily. For the first nine months of 2026, LG Electronics recorded revenue of KRW 71.38 trillion and operating profit of KRW 4.03 trillion, both record levels for that period according to the company release.
Consensus remains above the market
The published analyst consensus was a median target of KRW 260,000 from 10 reports, or 29.7 percent above the October 8 price. StockHub listed 9 Buy ratings, 0 Hold ratings and 0 Sell ratings on October 8.
The same overview put the average target at KRW 256,111, with a high of KRW 290,000 and a low of KRW 180,000. DB Securities also pointed to AI data center chiller orders exceeding KRW 3 trillion in 2026, making the timing of revenue and profit contribution a key operating variable.
Stock stays below its yearly high
LG Electronics stock was last at KRW 200,500 on KOSPI on October 8, 2026, with a 52-week range of KRW 76,400 to KRW 438,000 and market capitalization of KRW 32.6 trillion.
LG Electronics stock facts
- Company: LG Electronics Inc.
- ISIN: US50186Q2021
- Ticker: 066570
- Trading venue: KOSPI
- Price (as of October 8, 2026, 3:30 p.m. KST): KRW 200,500
- Market capitalization: KRW 32.6 trillion (as of October 8, 2026)
- 52-week range: KRW 76,400-438,000 (as of October 8, 2026)
- Sector / Industry: Technology / Consumer Electronics
