Hyundai Motor stock: KB Securities cut target to KRW 700,000 for Hyundai Motor stock

Published on 10/20/2026 at 17:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 1.90 percent to KRW 49.00 trillion. Hyundai Motor stock was KRW 310,000 on October 20, 2026, down 4.91 percent on KRX.

Analyst target and results date

KB Securities cut its Hyundai Motor target from KRW 720,000 to KRW 700,000 on October 12, 2026.
Second-quarter revenue rose 1.90 percent year over year to KRW 49.00 trillion.
Hyundai Motor stock stood at KRW 310,000 on October 20, 2026, down 4.91 percent on KRX.
MarketBeat lists October 22, 2026 for the next earnings report.

Hyundai Motor, KR7005380001, Illustration mit AI erstellt.

KB Securities cut its Hyundai Motor target from KRW 720,000 to KRW 700,000 on October 12, 2026, while keeping its Buy rating, according to Chosun Ilbo. Hyundai Motor last traded at KRW 310,000 on KRX on October 20, 2026 at 3:30 p.m. KST, down 4.91 percent from KRW 326,000.

Second-quarter revenue improved

Hyundai Motor reported second-quarter 2026 revenue of KRW 49.22 trillion, operating profit of KRW 2.85 trillion and net income of KRW 2.52 trillion. Revenue increased 7.13 percent from KRW 45.94 trillion in the first quarter, while operating profit rose 13.38 percent over the same comparison. The financial statements show earnings per share of KRW 9,615.92 for the second quarter.

Simply Wall St reported second-quarter revenue of KRW 49.00 trillion, up 1.90 percent year over year, with net income of KRW 2.52 trillion, up 8.40 percent. The company therefore entered the third quarter with a higher quarterly revenue base but continuing earnings sensitivity.

Price position after 4.91 percent fall

Hyundai Motor's KRX price was 60.41 percent below its 52-week high of KRW 783,000 and 29.23 percent above its 52-week low of KRW 239,500 on October 20, 2026. The session volume was 511,625 shares, while the one-year performance was 28.40 percent in the latest market snapshot.

Valuation and reporting date

The stock traded at a price-to-earnings ratio of 9.98 on October 20, 2026. MarketBeat lists October 22, 2026 as the next earnings date. That scheduled report will put the KRW 700,000 target into the context of third-quarter performance expectations.

Comparison with peers

Hyundai Motor: down 4.91 percent, price-to-earnings ratio 9.98, market capitalization KRW 62.7 trillion.
Kia Corporation (KRX, KRW): down 3.10 percent, price-to-earnings ratio 6.21, market capitalization KRW 43.7 trillion.
Toyota Motor (TSE, JPY): unchanged, price-to-earnings ratio 8.83, market capitalization JPY 36.7 trillion.

What the next report may clarify

The contrast is clear in the figures: second-quarter revenue improved from the first quarter, yet analysts reduced targets as they assessed weaker third-quarter profitability. KB Securities estimated third-quarter operating profit at KRW 2.56 trillion, 16.00 percent below consensus, while Hyundai Motor's latest KRX quotation was 4.91 percent below the prior close.