Hybe, KR7352820005

Eugene cuts Hybe stock target to KRW 290,000

Published on 10/20/2026 at 03:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For Hybe stock, revenue is forecast at KRW 1.4583 trillion, up 100.5 percent. Results are due October 29, 2026 after a 14.7 percent cut.

Analyst revision and reporting date

Eugene Investment and Securities cut its HYBE target from KRW 340,000 to KRW 290,000 on October 20, 2026.
Third-quarter revenue is forecast at KRW 1.4583 trillion, up 100.5 percent year over year.
HYBE is scheduled to report third-quarter results on October 29, 2026.

Hybe, KR7352820005, Illustration mit AI erstellt.

Hybe (KR7352820005) faces a lower analyst target after ChosunBiz reported on October 20, 2026 that Eugene Investment and Securities cut its target from KRW 340,000 to KRW 290,000, a 14.7 percent reduction. The brokerage kept its Buy rating while warning that visibility on BTS activities after the first half of 2027 remains important for a sustained rebound.

Target cut meets strong forecast

Eugene projected third-quarter revenue of KRW 1.4583 trillion, up 100.5 percent from the same quarter a year earlier. It also forecast operating profit of KRW 166.7 billion, with the result expected to match market consensus, according to Edaily.

Three dates shape the setup

On July 28, 2026, HYBE reported second-quarter revenue of KRW 1.45 trillion and operating profit of KRW 171 billion, with an 11.8 percent operating margin, according to ATS View. On October 16, 2026, iM Securities cut its target from KRW 330,000 to KRW 290,000 while retaining its Buy rating, as reported by KBI Intelligence. On October 20, 2026, Eugene made the latest target revision and published its third-quarter forecast.

What does the target cut mean?

The revision sets a tougher valuation frame even as the operating outlook improves. Eugene expects third-quarter operating profit to return to a surplus of KRW 166.7 billion, while its forecast revenue growth is 100.5 percent year over year. The key tension is timing: the BTS tour supports the third quarter, but analysts want clearer plans for activities after the first half of 2027.

Next results date is set

HYBE is scheduled to report third-quarter earnings on October 29, 2026, according to International Business Times. That release should provide the first reported figures against the current KRW 1.4583 trillion revenue forecast and clarify whether concert growth is translating into durable margins.

Stock context for investors

HYBE combines a sharply stronger quarterly forecast with repeated target reductions. The latest KRW 290,000 target is 14.7 percent below Eugene's previous KRW 340,000 target, making the October 29 results a concrete test of the recovery narrative.