Paradise stock: iM Securities sets a KRW 15,000 target for Paradise stock

Published on 10/24/2026 at 02:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Samsung Securities forecasts KRW 56.3 billion third-quarter operating profit, up 42 percent year over year. Paradise stock has a KRW 15,000 target.

Analyst targets reset expectations

iM Securities set a KRW 15,000 target for Paradise on October 23, 2026.
Samsung Securities forecast third-quarter operating profit of KRW 56.3 billion, up 42 percent on October 22, 2026.
Hana Securities set a KRW 16,000 target on October 6, 2026.

Paradise, KR7034230003, Illustration mit AI erstellt.

Paradise (ISIN KR7034230003) has a KRW 15,000 price target from iM Securities after the research house cut its previous KRW 23,000 target on October 23, 2026, according to Nate. The 34.8 percent reduction makes the latest target a sharper signal than the report's Buy rating.

Target cuts reshape the picture

iM Securities linked its revised view to policy changes, higher interest costs for Paradise's Jangchung-dong hotel project and a 14 percent reduction in its forecast for 2027 attributable net income. The research house also said the expansion of Hyatt Regency rooms and the effect on complimentary rooms and gross gaming volume will determine whether Paradise can offset its fixed-cost base, as Nate reported.

How did targets change?

The recent sequence shows a clear reset in research assumptions. On October 6, 2026, Hana Securities set a KRW 16,000 target, down from KRW 18,000, while forecasting third-quarter revenue of KRW 345.2 billion and operating profit of KRW 52.1 billion, according to Newspim. On October 16, 2026, KB Securities cut its target to KRW 13,000 from KRW 21,000 and forecast third-quarter operating profit of KRW 55.2 billion, with a 15.6 percent operating margin, according to Maeil Business Newspaper. iM Securities then placed its KRW 15,000 target between those two recent estimates on October 23, 2026, after its prior KRW 23,000 view.

What does the forecast imply?

Samsung Securities forecast third-quarter revenue of KRW 348.0 billion and operating profit of KRW 56.3 billion, representing year-over-year increases of 21 percent and 42 percent, respectively, in a report dated October 22, 2026, as Nate reported. That forecast is above the KRW 55.2 billion operating-profit estimate cited by KB Securities one week earlier, putting execution and cost control at the center of the next earnings discussion.

Operating profit is the test

For investors, the key issue is whether room growth and casino demand can turn the projected revenue gains into operating profit while hotel investment costs rise. The latest reports place that test between KRW 52.1 billion and KRW 56.3 billion for third-quarter operating profit.