Samyang Foods stock fell 1.06 percent as Q3 growth held up

Published on 10/05/2026 at 14:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Samyang Foods stock closed at KRW 1,211,000 on October 2, 2026, while Kyobo expects Q3 revenue of KRW 818.5 billion. Q2 operating profit rose 46.7 percent year over year.

Samyang, KR7003230000, Illustration mit AI erstellt.

Samyang Foods (KR7003230000) closed at KRW 1,211,000 on the KRX on October 2, 2026, down 1.06 percent from the previous session. The latest earnings picture remains powerful: Q2 2026 revenue reached KRW 770.3 billion, up 39.3 percent year over year, while operating profit rose 46.7 percent to KRW 176.2 billion, according to ATS View.

Q3 estimates stay in growth mode

Kyobo Securities kept its Buy recommendation and KRW 1.86 million price target on October 2, 2026, according to Financial News. The brokerage forecasts Q3 revenue of KRW 818.5 billion and operating profit of KRW 183.2 billion, representing year-over-year increases of 30 percent and 40 percent.

The forecast implies that Samyang Foods could extend its high-growth pattern even as currency movements weigh on translated overseas sales. Kyobo expects the impact from falling exchange rates to remain limited and sees the companys China plant becoming operational in January 2027.

Profit growth remains the key metric

Q2 operating profit of KRW 176.2 billion exceeded the prior-year quarter by KRW 56.1 billion, while revenue increased by KRW 217.3 billion over the same comparison. The operating margin was 22.9 percent in Q2, compared with 24.8 percent in Q1, according to ATS View.

The margin difference matters because the company is expanding overseas while funding production and distribution capacity. Kyobo expects Q3 operating profit to rise faster than revenue, which would support profitability even with a 0.5-percentage-point sequential margin decline.

Consensus target stays above market

Investing.com lists a Strong Buy consensus based on 16 analysts, with 16 Buy ratings, 0 Hold ratings and 0 Sell ratings. The average 12-month target is KRW 1,869,375, with a high of KRW 2.2 million and a low of KRW 1.6 million, according to Investing.com. The average target lies 54.4 percent above the October 2 closing price.

Samyang Foods stock stays below yearly high

Samyang Foods stock closed at KRW 1,211,000 on October 2, 2026, on the KRX. Its 52-week range was KRW 981,000 to KRW 1,557,000, and market capitalization was KRW 9.0 trillion on the same date.