IBK cuts target for LG Display stock to KRW 13,000

Published on 10/20/2026 at 20:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LG Display's results are due October 22, 2026, with KRW 259.1 billion consensus operating profit. LG Display stock costs EUR 2.35 on October 20, 2026.

Analyst target and results date

IBK Investment & Securities cut its LG Display target by 23.50 percent to KRW 13,000 on October 14, 2026.
LG Display is scheduled to report third-quarter results on October 22, 2026, with consensus operating profit at KRW 259.1 billion.
LG Display stock costs EUR 2.35 at Lang & Schwarz on October 20, 2026 at 8:40 p.m. CEST.

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IBK Investment & Securities cut its LG Display target from KRW 17,000 to KRW 13,000 on October 14, 2026, while keeping a Buy rating. The research change gives investors a more cautious earnings frame before the company reports third-quarter results. At Lang & Schwarz, LG Display stock was trading at EUR 2.35 on October 20, 2026 at 8:40 p.m. CEST.

IBK lowers its earnings view

According to Edaily on October 14, 2026, IBK projected third-quarter revenue of KRW 6.517 trillion, down 6.30 percent from a year earlier, and operating profit of KRW 257.6 billion, down 40.20 percent. The broker also cut its 2026 operating-profit forecast from KRW 960.0 billion to KRW 618.0 billion, a reduction of 35.63 percent.

The same report cited weaker smartphone demand from a North American strategic customer, lower panel prices and currency pressure as risks to profitability. IBK's target therefore fell 23.53 percent from KRW 17,000 to KRW 13,000, even as its rating stayed at Buy.

Results arrive on October 22

LG Display's investor-relations page schedules the third-quarter 2026 earnings conference call for October 22, 2026. The company's first-half 2026 revenue was KRW 11.15 trillion and operating profit was KRW 390.0 billion, according to LG Display.

A separate October 20, 2026 report by Edaily put consensus third-quarter operating profit at KRW 259.1 billion, 39.80 percent below the year-earlier level. The estimate had also fallen 33.30 percent from KRW 388.6 billion one month earlier, pointing to a weaker profit outlook despite higher OLED shipments.

Stock position and market frame

Barrons identifies LG Display's primary listing as the NYSE and reported a USD 2.56 to USD 5.83 52-week range on October 19, 2026. The stock's year-to-date performance was minus 36.22 percent, while market value stood at USD 2.8 billion.

For investors, the October 22 release is the next test of whether OLED shipment growth can offset panel-price pressure and currency effects. The first-half revenue of KRW 11.15 trillion provides a company-specific scale marker, while the KRW 259.1 billion consensus operating-profit estimate sets a lower near-term hurdle.

Price holds the daily reference

LG Display was trading at EUR 2.35 at Lang & Schwarz on October 20, 2026 at 8:40 p.m. CEST, after the Xetra session. The euro quotation remains the clearest short-term market marker alongside the KRW 13,000 analyst target and the upcoming earnings date. The further course of trading is shown by the continuously updated real-time quote of LG Display stock.