LS Securities cuts KakaoPay stock target from KRW 61,000 to KRW 57,000

Published on 10/20/2026 at 03:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KakaoPay stock stood at KRW 36,050 on October 20, 2026 at 10:09 a.m. KST. Q3 results are due November 3 after Q2 revenue rose 40.6 percent.

Target cut and results date

LS Securities cut its KakaoPay target from KRW 61,000 to KRW 57,000 on October 13, 2026.
Second-quarter 2026 revenue reached KRW 335.0 billion, up 40.6 percent year over year.
KakaoPay will present third-quarter 2026 results on November 3, 2026.

KakaoPay, KR7377300009, Illustration mit AI erstellt.

LS Securities cut its KakaoPay target from KRW 61,000 to KRW 57,000 on October 13, 2026, while keeping a Buy rating, according to Newspim. The revision puts the upcoming third-quarter figures at the center of the stock story.

Target cut reflects weaker finance revenue

Newspim reported that LS Securities forecast third-quarter 2026 revenue of KRW 301.1 billion and operating profit of KRW 31.9 billion. Revenue was projected to rise 26.3 percent from a year earlier, while operating profit was expected to increase 102.0 percent.

The comparison with the second quarter is less favorable. The third-quarter revenue estimate was 10.1 percent lower than the preceding quarter, and operating profit was 45.5 percent lower. Financial-services revenue was estimated at KRW 134.4 billion, down 20.7 percent from the earlier estimate of KRW 169.4 billion.

What does November 3 add?

The scheduled investor call gives investors a firm date for testing those estimates. TipRanks reported on October 19, 2026, that KakaoPay will present its third-quarter 2026 performance on November 3, 2026, at 4:00 p.m. Korean time.

Three dates show the operating path

On October 1, 2026, KakaoPay expanded overseas delivery coverage to 199 countries, according to coverage organized by ATS View. On October 13, 2026, LS Securities lowered its target to KRW 57,000. On October 19, 2026, KakaoPay scheduled the November 3 results call.

Dates investors can mark

The next dated company event is the third-quarter 2026 results call on November 3, 2026. The latest reported operating base was the second quarter of 2026, when revenue reached KRW 335.0 billion, up 40.6 percent year over year, and operating profit reached KRW 58.6 billion, according to ATS View.

KakaoPay stock and the next print

KakaoPay was trading at KRW 36,050 on the Korea Exchange on October 20, 2026, at 10:09 a.m. KST. The quote sits against a market capitalization of KRW 4.9 trillion, while the company remains listed on the KOSPI under ticker 377300.

That valuation context leaves the November figures important for judging whether payments and lending can offset softer securities-related revenue. The second-quarter operating margin was 17.5 percent, compared with 10.7 percent in the first quarter of 2026, giving the next report a clear profitability benchmark.