Doosan stock gains 9.47 percent as AI materials expand

Published on 10/06/2026 at 13:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Doosan stock stood at KRW 1,468,000 on October 6, 2026, after a 9.47 percent session gain. Q2 revenue reached KRW 5.59 trillion, up 4.5 percent year over year.

Doosan, KR7000150003, Illustration mit AI erstellt.

Doosan stock (ISIN KR7000150003) gained 9.47 percent to KRW 1,468,000 on the Korea Exchange on October 6, 2026, with the last quoted price at 3:30 p.m. KST. As MK reported on October 6, the move followed renewed attention on Doosan's copper clad laminate capacity plans for AI infrastructure.

CCL investment reshapes growth plans

Doosan announced on September 17 that it would invest KRW 970 billion in CCL facilities in South Korea and China. According to Yonhap, KRW 420 billion is earmarked for South Korean optical-module production and KRW 550 billion for a Chinese plant serving AI accelerators and network switches.

The investment will be implemented through 2028, with new lines scheduled to begin operating in the second half of 2028, Yonhap reported. That timetable makes execution and demand conversion more important than the announcement alone for the stock's longer-term valuation.

Q2 revenue rises while earnings accelerate

Doosan's Q2 2026 revenue reached KRW 5.59 trillion, up 4.5 percent from Q2 2025, while operating profit was KRW 488 billion and net income was KRW 536 billion, according to ATS View. The operating margin was 8.7 percent, compared with 6.7 percent in Q1 2026, showing that profit growth has outpaced the latest revenue increase.

Meritz Securities expects Doosan's e-Business Group to generate KRW 756.7 billion of third-quarter revenue, up 72.0 percent year over year, and KRW 226.3 billion of operating profit, up 117.8 percent. Edaily reported on October 1 that Meritz maintained its Buy rating and KRW 2.4 million target price.

Analysts see a wide valuation gap

The published consensus is Strong Buy from 12 analysts, with an average 12-month target of KRW 2,089,167, a high of KRW 2,680,000 and a low of KRW 1,800,000, according to Investing.com as of October 5, 2026. The average target lies 42.3 percent above the October 6 price, but the gap also reflects the execution risk attached to capacity coming online through 2028.

Doosan stock posts a sharp session gain

Doosan stock was last at KRW 1,468,000 on the Korea Exchange on October 6, 2026 at 3:30 p.m. KST. The market capitalization was KRW 26.3 trillion, volume was 138,122 shares, and the 52-week range was KRW 567,000 to KRW 2,489,000.