POSCO Holdings stock gained 2.60 percent after strong earnings

Published on 10/04/2026 at 16:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

POSCO Holdings stock beat Q2 2026 EPS estimates by USD 0.45 on July 30, while revenue exceeded forecasts by USD 470 million. Zacks cut its rating on October 1.

PKX, US6934831099, Illustration mit AI erstellt.

POSCO Holdings (ISIN US6934831099) stock was last at USD 57.59 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up 2.60 percent. The company reported Q2 2026 earnings of USD 1.30 per share against a USD 0.85 consensus estimate, according to MarketBeat.

Q2 earnings beat expectations

Revenue reached USD 12.43 billion in Q2 2026, compared with the USD 11.96 billion consensus estimate, a USD 470 million beat. The revenue gap was 3.9 percent, while EPS exceeded consensus by USD 0.45, or 52.9 percent, based on the figures reported by MarketBeat.

The underlying Korean reporting also points to a stronger second quarter. POSCO Holdings generated KRW 19.26 trillion in Q2 2026 revenue and KRW 761.3 billion in consolidated net income, compared with KRW 17.88 trillion and KRW 543.4 billion in Q1 2026, respectively, according to the company financial data.

Analyst view turns more cautious

The latest rating action added a counterweight to the earnings beat. MarketBeat reported on October 1, 2026 that Zacks Research lowered POSCO from Strong Buy to Hold, leaving the published consensus rating at Hold with one Buy and two Hold ratings.

A separate consensus overview for POSCO Holdings counted 19 analysts, with 16 Buy ratings, 3 Hold ratings and no Sell ratings. The average 12-month target was KRW 461,263, while the high and low targets were KRW 610,000 and KRW 300,000, respectively, according to Investing.com. Those Korean-market targets are not converted into a USD distance from the NYSE ADR price.

October earnings date is set

POSCO Holdings is scheduled to report its next earnings on October 26, 2026, according to Investing.com. That date gives investors a defined checkpoint after the Q2 earnings beat and the October 1 rating change.

PKX holds above USD 57

PKX was last at USD 57.59 on the NYSE on October 2, 2026 at 4:00 p.m. ET. The same session showed a USD 57.31 open, a USD 57.31 low and a USD 58.10 high, while the 52-week range stood at USD 44.99 to USD 92.40.