HMM, KR7011200003

HMM stock gains 1.65 percent as profit estimates jump

Published on 10/05/2026 at 11:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HMM stock carries an NH Hold rating and KRW 22,000 target dated October 2. Q2 revenue reached KRW 3.40 trillion, up 29.7 percent year over year.

HMM, KR7011200003, Illustration mit AI erstellt.

HMM stock (ISIN KR7011200003) was last at KRW 21,500 on the KRX on October 2, 2026, up 1.65 percent from the prior session. The move followed a new estimate that puts third-quarter operating profit at KRW 939.5 billion, according to Edaily on October 2, 2026.

Q3 profit estimate beats consensus

NH Investment and Securities expects HMM's third-quarter revenue to reach KRW 4.065 trillion, a 50.2 percent increase from the same quarter a year earlier. Its operating-profit estimate is 216.5 percent above the prior-year level and 42 percent above the KRW 663 billion market consensus, with a projected operating margin of 23.1 percent, Edaily reported.

The estimate gives the stock a concrete earnings catalyst, but the same report points to a later moderation. NH expects fourth-quarter operating profit to decline to KRW 544 billion as container shipping enters its off-season, making the durability of the third-quarter peak central to the valuation debate.

Freight rates lift the earnings outlook

HMM's second-quarter revenue was KRW 3.40 trillion, up 29.7 percent year over year, while operating profit reached KRW 354 billion, according to ATS View. Finance data for the same quarter show net income of KRW 411.179 billion, giving the latest reported period a stronger revenue and profit base than the first quarter.

NH Investment attributes the near-term improvement mainly to supply disruptions rather than a lasting demand surge. Its report cited an SCFI reading of 3,686 points on September 25, 2026, up 155.2 percent year over year, while warning that new vessel deliveries in 2029 and 2030 could add longer-term pressure to freight rates.

Targets remain above the market price

NH Investment maintained a Hold rating and a KRW 22,000 target on October 2, 2026, according to Edaily. The broader analyst consensus covers 10 reports, with four Buy ratings, six Hold ratings and no Sell ratings; the average target is KRW 25,125, the median is KRW 24,500, and the published range is KRW 21,000 to KRW 30,000, according to StockHub. The average target lies 16.9 percent above the October 2 price.

HMM stock stays below its yearly high

HMM stock was last at KRW 21,500 on October 2, 2026, with a session high of KRW 21,550 and a session low of KRW 21,100. Its 52-week range was KRW 17,910 to KRW 24,950, while market capitalization stood at KRW 20.3 trillion and volume reached 785,203 shares.