HPSP stock fell 5.07 percent after a 71,000 won target rise

Published on 10/04/2026 at 19:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Daishin Securities raised its HPSP target from KRW 63,000 to KRW 71,000 on September 28. HPSP stock posted KRW 46.1 billion in Q2 revenue and a 61.4 percent operating margin.

HPSP, KR7403870009, Illustration mit AI erstellt.

HPSP stock (ISIN KR7403870009) was last at KRW 65,500 on KOSDAQ on October 2, 2026 at 3:30 p.m. KST, down 5.07 percent from KRW 69,000. The recent analyst action remains the clearest reference point for the stock after Newspim reported Daishin Securities' target increase on September 28.

Target rises to KRW 71,000

Daishin Securities kept its Buy rating and lifted the target from KRW 63,000 to KRW 71,000, a 12.7 percent increase, according to Newspim. The report linked the revision to expected order growth across DRAM, logic and foundry applications, giving the target a direct connection to equipment demand rather than to a broad market call.

Financial News reported that Daishin expects NAND equipment shipments to rise 70 percent year over year in 2027 and sees customer expansion as an additional driver. The same report said HPSP currently has two DRAM customers and could reach three after DRAM 1d development is completed.

Margins hold above 60 percent

HPSP's second-quarter 2026 revenue fell 10.2 percent from the year-earlier quarter to KRW 46.1 billion, while operating profit reached KRW 28.3 billion and net income KRW 24.1 billion, ATS View reported. Operating margin rose from 55.8 percent in the second quarter of 2025 to 61.4 percent in the second quarter of 2026, showing that product and customer mix offset the lower sales base.

That combination matters for the investment case: the earnings profile remains highly profitable, but revenue still depends on the timing of new equipment orders. The semiconductor equipment maker's exposure to high-pressure annealing gives the stock a specific growth lever, while new competitors and patent litigation remain material operating variables.

Stock stays below its yearly high

HPSP's October 2 market capitalization was KRW 5.3 trillion, with volume of 3,595,894 shares. The 52-week range was KRW 27,450 to KRW 92,000, placing the October 2 price 28.8 percent below the yearly high.

A 15-analyst consensus assigns HPSP an overall Buy rating, with 13 Buy recommendations and 2 Holds. Eulerpool lists an average target of KRW 43,860 and a median target of KRW 40,800, putting the market's broad target picture below the October 2 quotation even as Daishin's individual target stands at KRW 71,000.

HPSP stock trades below yearly peak

HPSP stock was last at KRW 65,500 on KOSDAQ on October 2, 2026 at 3:30 p.m. KST. The price, the 5.07 percent daily decline and the 28.8 percent distance from the 52-week high frame the immediate market tension around the company's next order cycle.