LG Energy stock: On KRX, LG Energy stock falls 4.17 percent
Published on 10/20/2026 at 16:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and results
- Meritz Securities lifted its target from KRW 440,000 to KRW 510,000 on October 15, 2026.
- Third-quarter revenue rose 59.00 percent to KRW 9.64 trillion.
- LG Energy stock stood at KRW 414,000 on KRX on October 20, 2026 at 3:30 p.m. KST, down 4.17 percent from KRW 432,000.
LG Energy Solution stock fell 4.17 percent to KRW 414,000 on the KRX on October 20, 2026, while Meritz Securities raised its target from KRW 440,000 to KRW 510,000 on October 15. The new target stands 23.19 percent above the KRX price. LG Energy stock stood at KRW 414,000 on October 20, 2026 at 3:30 p.m. KST.
Meritz raises its target
According to Financial News on October 15, 2026, Meritz Securities maintained its Buy rating and lifted the target from KRW 440,000 to KRW 510,000. The firm cited energy storage system growth and higher cylindrical battery shipments, while electric vehicle battery demand remained weaker.
Revenue rose 59.00 percent
LG Energy Solution reported preliminary third-quarter revenue of KRW 9.6434 trillion, up 59.00 percent from the same period a year earlier, according to EDAILY on October 15, 2026. Operating profit reached KRW 756 billion, while energy storage system revenue contributed KRW 3.1102 trillion. The report also said the company expects energy storage system capacity utilization to support profitability.
Price position and valuation
At KRW 414,000 on October 20, 2026, the stock remained between its 52-week low of KRW 290,500 and high of KRW 527,000. Its market capitalization was KRW 96.9 trillion, with volume of 430,232 shares and a negative price-to-earnings ratio of 50.93, based on the same dated market figures. The daily fall of 4.17 percent brought the stock below its October 19 close of KRW 432,000.
Results date and next steps
The company's investor page lists November 3, 2026 for its third-quarter results event. LG Energy Solution also describes production operations spanning six countries. The upcoming results will provide the next reported comparison for energy storage system growth and electric vehicle battery demand.
What the target implies
The Meritz target of KRW 510,000 is 23.19 percent above the October 20 KRX price, leaving the analyst view centered on energy storage system expansion rather than a broad electric vehicle recovery. The contrast is visible in the latest figures: energy storage system revenue reached KRW 3.1102 trillion, while the broader battery market still faces uneven demand.
LG Energy stock stays below its yearly high
The stock's KRW 414,000 close-time level was 21.44 percent below its KRW 527,000 52-week high on October 20, 2026. The next scheduled company date is November 3, 2026.
Market context: Market report KOSPI.
