LG Energy, KR7373220003

Eugene raises target for LG Energy stock to KRW 530,000

Published on 10/14/2026 at 14:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached KRW 9.64 trillion, up 59.00 percent year over year. For LG Energy stock, final results are due November 3, 2026.

Target and earnings timeline

Eugene Investment raised its target from KRW 470,000 to KRW 530,000 on October 12, 2026.
Third-quarter revenue reached KRW 9.6434 trillion, up 59.00 percent year over year.
LG Energy's market capitalization stood at KRW 98.7 trillion on October 14, 2026.

LG Energy, KR7373220003, Illustration mit AI erstellt.

LG Energy (KR7373220003) has received a higher target from Eugene Investment & Securities, which lifted its view from KRW 470,000 to KRW 530,000 on October 12, 2026, according to Business Post. The analyst kept a Buy rating and linked the change to higher energy storage system production and improving utilization.

Three events shape the story

On September 22, 2026, LG Energy Solution announced that its battery energy storage system had qualified as NVIDIA DSX Ready BESS, according to LG. The qualification strengthened the company's position in a market tied to grid investment and data-center power demand.

On October 8, 2026, the company reported preliminary third-quarter revenue of KRW 9.6434 trillion, up 59.00 percent from the same period a year earlier, while operating profit rose 25.70 percent to KRW 756.0 billion, according to Chosun. Revenue reached a quarterly record as North American energy storage expansion and European electric-vehicle demand supported shipments.

What supports the target increase?

The earnings quality is mixed but measurable. The preliminary operating profit included KRW 416.9 billion from the Advanced Manufacturing Production Credit, while operating profit excluding that credit was KRW 339.1 billion, according to Chosun. That distinction makes North American energy storage utilization and future order growth central to the investment case.

Next reporting date

LG Energy is scheduled to publish its final third-quarter results on November 3, 2026. The release will give investors a fuller view of the one-time compensation effects, energy storage profitability and the pace of the electric-vehicle recovery.

KRX valuation remains substantial

LG Energy was last at KRW 422,000 on the KRX on October 14, 2026 at 3:30 p.m. KST. The finance quote showed a KRW 290,500 to KRW 527,000 52-week range and a market capitalization of KRW 98.7 trillion on the same date.

Market context: Market report KOSPI.