HPSP stock falls 2.18 percent as KB lifts target

Published on 10/07/2026 at 02:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HPSP stock carries a KRW 85,000 target after KB Securities lifted it from KRW 65,000 on October 6, 2026. Second-quarter revenue fell 10.2 percent year over year to KRW 46.1 billion.

HPSP, KR7403870009, Illustration mit AI erstellt.

HPSP (ISIN KR7403870009) was trading at KRW 67,300 on KOSDAQ on October 7, 2026 at 9:31 a.m. KST, down 2.18 percent from KRW 68,800. The semiconductor equipment maker is absorbing a higher target from KB Securities as memory chip demand becomes central to the growth case.

KB raises target to KRW 85,000

According to Newspim on October 6, 2026, KB Securities kept its Buy rating and lifted its target from KRW 65,000 to KRW 85,000. The increase of 31 percent reflects a projected expansion from foundry equipment demand into NAND and DRAM applications.

The broker expects HPSP's fourth-quarter 2026 revenue to reach KRW 124.4 billion, up 136 percent year over year, while operating profit is forecast at KRW 68.1 billion, up 148 percent. That projection is the key reason the target move matters more than the early-session decline in the stock.

Second-quarter margin stays high

HPSP's latest reported period was the second quarter of 2026. ATS View reports revenue of KRW 46.1 billion, down 10.2 percent year over year, and operating profit of KRW 28.3 billion with a 61.4 percent operating margin.

The figures show a split picture. Revenue contracted against the prior-year quarter, but the operating result remained high relative to sales, leaving execution timing and customer deliveries as the main variables behind the fourth-quarter estimate.

HPSP stock stays below yearly high

The current price is 26.8 percent below HPSP's 52-week high of KRW 92,000 and 145.2 percent above its 52-week low of KRW 27,450. Trading volume stood at 613,123 shares on October 7, 2026, while the market capitalization was KRW 5.5 trillion.

KB Securities also estimates third-quarter 2026 revenue of KRW 46.5 billion, up 45 percent year over year, and operating profit of KRW 23.3 billion, up 54 percent. Its forecast places the near-term debate between a softer third quarter and a much larger fourth-quarter contribution.

Stock price and company data

HPSP stock was trading at KRW 67,300 on KOSDAQ on October 7, 2026 at 9:31 a.m. KST, with a daily change of minus 2.18 percent. The stock remains below its KRW 92,000 52-week high while the company reports high-margin semiconductor equipment sales.