Meritz cuts target for Krafton stock to KRW 290,000

Published on 10/14/2026 at 01:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Yuanta reduced its target from KRW 380,000 to KRW 330,000 on October 13, 2026. Krafton stock was KRW 190,000 on KRX on October 13, 2026.

Targets and upcoming results

Meritz Securities reduced its Krafton target from KRW 350,000 to KRW 290,000 on October 13, 2026.
Yuanta projected third-quarter revenue of KRW 1.117 trillion and operating profit of KRW 261.1 billion.
Krafton's next earnings report is scheduled for November 5, 2026.

Krafton, KR7259960003, Illustration mit AI erstellt.

Krafton (ISIN KR7259960003) faces a lower valuation bar after Meritz Securities cut its target from KRW 350,000 to KRW 290,000 on October 13, 2026, while maintaining a Buy rating, according to ChosunBiz. Meritz projected third-quarter revenue of KRW 1.121 trillion and operating profit of KRW 294.2 billion, with revenue up 28.8 percent year over year but operating profit down 15.6 percent.

Three dated Krafton developments

On July 29, 2026, Krafton reported second-quarter revenue of KRW 1.2902 trillion and operating profit of KRW 410.9 billion, according to the company's financial data. Revenue increased 94.9 percent year over year, while second-quarter net income was negative KRW 29.9 billion.

On October 13, 2026, Yuanta Securities reduced its target from KRW 380,000 to KRW 330,000 and retained its Buy opinion, according to Aju Press. Yuanta forecast third-quarter revenue of KRW 1.117 trillion and operating profit of KRW 261.1 billion, citing lower PC sales and higher costs.

Also on October 13, 2026, Krafton appeared in coverage of its largest-ever entry-level hiring campaign, with more than 100 artificial intelligence hires planned, according to ATS View. The initiative adds a business-development angle as analysts debate whether Krafton can reduce its dependence on PUBG.

What drives the next estimate?

The key test is the gap between strong recent revenue and weaker expected profitability. Meritz sees third-quarter operating profit at KRW 294.2 billion, while Yuanta projects KRW 261.1 billion, a difference of KRW 33.1 billion between the two analyst estimates.

Both assessments point to the same pressure points: PC sales, development costs and the timing of PUBG events. Meritz also said Krafton had ended development of PUBG: Black Budget, a project previously associated with a 2027 launch, according to ChosunBiz.

Next reporting date

Krafton's next earnings report is scheduled for November 5, 2026, according to TradingView. The date gives investors a defined checkpoint for testing the third-quarter revenue and operating-profit forecasts.

KRW price stays below yearly high

Krafton was last at KRW 190,000 on the Korea Exchange on October 13, 2026. Its market capitalization was KRW 8.6 trillion, while the 52-week range was KRW 180,600 to KRW 303,500 on the same quote snapshot.