IBK cuts target for LG Display stock to KRW 13,000
Published on 10/15/2026 at 19:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- IBK Investment & Securities cut its LG Display target to KRW 13,000 on October 14, 2026.
- LG Display reported KRW 11.1461 trillion in revenue and KRW 390 billion in operating profit for the first half of 2026.
- LG Display stock costs EUR 2.36 at Lang & Schwarz on October 15, 2026 at 7:49 p.m. CEST.
- LG Display scheduled its third-quarter 2026 results conference call for October 22, 2026.
IBK Investment & Securities cut its LG Display target from KRW 17,000 to KRW 13,000 on October 14, 2026, while retaining its Buy rating, as Edaily reported. The new target stands 77.60 percent above LG Display's KRW 7,320 home-market quote dated October 15, 2026. LG Display stock was trading at EUR 2.36 at Lang & Schwarz on October 15, 2026 at 7:49 p.m. CEST.
IBK lowers its earnings view
The target cut reflects a weaker earnings outlook. IBK projected third-quarter revenue of KRW 6.517 trillion, down 6.30 percent from the year-earlier period, and operating profit of KRW 257.6 billion, down 40.20 percent year over year. The firm also reduced its 2026 operating-profit forecast from KRW 960 billion to KRW 618 billion, a cut of 35.63 percent, according to Edaily.
First-half figures set the base
LG Display's investor website lists first-half 2026 revenue of KRW 11.1461 trillion and operating profit of KRW 390 billion. The company said its third-quarter 2026 results conference call would take place on October 22, 2026, according to LG Display. That date gives investors the next scheduled checkpoint for the forecasts behind the analyst revision.
Price position and valuation
The home-market quote stood at KRW 7,320 on October 15, 2026, compared with a 52-week low of KRW 7,210 and a 52-week high of KRW 17,950. The same quote carried a market capitalization of KRW 3.66 trillion, a price-to-earnings ratio of minus 2.71, volume of 3,904,945 shares and average volume of 4,057,749 shares. LG Display's USD market capitalization was USD 2.7 billion on October 15, 2026.
Comparison with peers
LG Display: P/E minus 2.71, market capitalization USD 2.7 billion.
LG Electronics (Korea, KRW): minus 4.96 percent, P/E 29.18, market capitalization KRW 27.4 trillion.
BOE Technology Group (Shenzhen, CNY): minus 2.70 percent, P/E 23.38, market capitalization CNY 187.1 billion.
Trading snapshot
The analyst revision places the October 22, 2026 results call at the center of the next valuation check. The current euro quote remains the clearest market-level reference for investors in Germany.
The further course of trading is shown by the continuously updated real-time quote of LG Display stock.
LG Display stock facts
- Company: LG Display Co., Ltd.
- ISIN: US50186V1026
- Ticker: LPL
- Price Lang & Schwarz (as of October 15, 2026, 7:49 p.m. CEST): EUR 2.36
- Market capitalization: USD 2.7 billion (as of October 15, 2026)
- Sector / Industry: Technology / Consumer Electronics
- Next earnings date: October 22, 2026
Market context: Market report KOSPI.
