Hyosung Heavy stock slips as broker targets stay wide
Published on 09/03/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSHyosung Heavy Industries stock (KR7298020009) traded at KRW 423,000 on September 3, 2026, down 1.97 percent over 24 hours, while market value stood at KRW 3.94 trillion, according to TradingView. The same snapshot shows the share down 4.94 percent over one week and 16.57 percent over one month.
Broker targets stay wide
Seoul Economic Daily reported on September 3, 2026 that brokerages have set target prices between KRW 4,000,000 and KRW 5,000,000, far above the current share price. The same report said the stock fell 1.30 percent to KRW 2,729,000 in separate trading data and had declined for four consecutive sessions since August 31, 2026.
For investors, the gap between the target range and the traded level is the clearest number in the story.
Second-quarter numbers
StockRay's 2026 Q2 earnings snapshot for Hyosung Heavy Industries shows revenue of KRW 2.3 trillion, down 6.8 percent, with operating income of KRW 151.9 billion, down 19.5 percent, and net income of KRW 97.4 billion, down 21.4 percent. The same page puts the operating margin at 4.5 percent and market cap at about KRW 1 trillion for a different group listing, so the operating margin figure is the cleaner read for the industrial backdrop.
Those figures matter because the stock is reacting to a mix of weaker year on year earnings and a still ambitious broker view. The move is not about one data point; it is about whether the second half can close the valuation gap.
Hyosung Heavy Industries shares and valuation
The shares are moving against a backdrop of broker targets, Q2 earnings pressure and a market cap near KRW 3.94 trillion.
Transformer demand matters
Hyosung Heavy Industries' core business remains power equipment, and the latest trading data suggest the market is still weighing order visibility against earnings pressure. The stock's 4.94 percent weekly decline and 16.57 percent monthly drop show that momentum is fragile even after the Q2 figures.
That makes the company's large equipment and grid exposure the key product angle now, because that is where future margin recovery would have to come from.
Stock levels on September 3
At KRW 423,000 on September 3, 2026, the share was trading well below the KRW 4,000,000 to KRW 5,000,000 broker range cited by Seoul Economic Daily. The latest market snapshot also showed a market capitalization of KRW 3.94 trillion.
Hyosung Heavy Industries at a glance
- Company: Hyosung Heavy Industries Corporation
- ISIN: KR7298020009
- Ticker: 298040
- Trading venue: KRX
- Price (as of September 3, 2026): KRW 423,000
- Market capitalization: KRW 3.94 trillion (as of September 3, 2026)
- Sector / Industry: Industrials / Electrical Equipment & Parts
