Studio Dragon stock secures Netflix deal as Q2 profit turns positive

Published on 09/28/2026 at 08:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Studio Dragon stock trades at KRW 20,500.00 on September 28, 2026, after Q2 revenue rose 26.9 percent to KRW 145.3 billion. Profit reached KRW 15.4 billion.

Studio Dragon, KR7253450009, Illustration mit AI erstellt.

Studio Dragon stock was trading at KRW 20,500.00 on the KOSDAQ on September 28, 2026, up 0.74 percent from the previous close. The latest company catalyst is a worldwide Netflix production and supply contract signed on September 17, 2026, according to DigitalToday.

Netflix deal expands global reach

The contract covers an original Netflix title and runs from September 17, 2026, through September 16, 2031. Production will combine Studio Dragon's own production capabilities with external production, while the supply territory is worldwide, DigitalToday reported.

The long contract period gives the announcement a different profile from a single release date. It links Studio Dragon's production pipeline directly to a global streaming platform, while the contract value remains subject to confidentiality terms.

Q2 margin shows a sharp improvement

Studio Dragon generated Q2 2026 revenue of KRW 145.3 billion, an increase of 26.9 percent from the prior-year quarter. Operating profit reached KRW 15.4 billion and the operating margin improved to 10.6 percent, according to Quartr.

The earnings mix matters because profit growth outpaced sales growth. The same Q2 summary shows net profit of KRW 13.0 billion, while first-half 2026 revenue reached KRW 300.6 billion, up 21.1 percent year over year, and operating income reached KRW 21.9 billion.

Analyst target remains above market price

A September 6, 2026 update from Simply Wall St said analysts lowered the Studio Dragon price target from KRW 27,000.00 to KRW 24,000.00. The revision cited discount-rate, revenue-growth, margin and future P/E assumptions.

At KRW 20,500.00, the target stands 17.07 percent above the reference price. The contrast leaves the market valuation sensitive to whether the improved Q2 margin can continue through the next production cycle.

Stock stays below its yearly high

Studio Dragon's September 28, 2026 price was 59.41 percent below its 52-week high of KRW 50,500.00 and above its low of KRW 19,000.00. The session volume was 28,796 shares and market capitalization was KRW 616.2 billion.