Kakao Games stock faces October 8 launch after weak Q2

Published on 10/07/2026 at 01:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kakao Games stock approaches the October 8 launch of World of Dokkaebi after Q2 revenue fell 35.2 percent year over year. The shares were last at KRW 10,010 on October 6.

Kakao Games, KR7293490009, Illustration mit AI erstellt.

Kakao Games stock is heading toward the October 8 launch of World of Dokkaebi after the company opened pre-downloads for the new title on October 6. Kakao Games (ISIN KR7293490009) was last at KRW 10,010 on the KOSDAQ at 3:30 p.m. KST on October 6, 2026, down KRW 130, or 1.28 percent, from the prior close.

New title reaches launch stage

According to Inven Global on October 5, Kakao Games began PC and mobile pre-downloads at 11:00 a.m. KST on October 6. The official launch is scheduled for October 8 at 11:00 a.m. KST, giving the release a precise near-term checkpoint for the companys pipeline.

The game is a 2.5D MMORPG developed by Supercat and combines pixel-art characters with three-dimensional backgrounds. That launch timing matters because Kakao Games entered the second half with declining revenue and several new titles expected to support a recovery.

Q2 losses remain the key test

ATS View reports that Kakao Games generated KRW 75.0 billion of revenue in Q2 2026, down 35.2 percent from the same quarter a year earlier. The company posted a KRW 23.0 billion operating loss, compared with a KRW 25.5 billion loss in Q1 2026, so the quarterly loss narrowed by KRW 2.5 billion while revenue fell by KRW 7.9 billion sequentially.

The latest earnings summary from Quartr puts first-half 2026 consolidated revenue at KRW 157.9 billion, down from KRW 465.0 billion in first-half 2025. Mobile-game revenue was KRW 52.7 billion in Q2, down 48 percent year over year, while PC-game revenue reached KRW 22.3 billion, an increase of KRW 7.5 billion year over year.

Targets sit above the last price

Consensus data published by MarketScreener show a Hold rating from eight analysts and an average target price of KRW 9,600. The target is 4.10 percent below the October 6 price, while the consensus range spans KRW 7,300 to KRW 12,100, underscoring the wide gap between near-term execution concerns and the upside case for new releases.

The market is therefore weighing launch performance against the recent earnings base. Kakao Games stock traded within a 52-week range of KRW 6,780 to KRW 18,440 on the same market-data date, leaving the October 8 release as the next visible operating test rather than a substitute for the companys loss-making Q2 results.

Stock stays below yearly high

Kakao Games stock was last at KRW 10,010 on the KOSDAQ on October 6, 2026, with a market capitalization of KRW 1.1 trillion and trading volume of 476,237 shares. The next earnings date listed by Quartr is November 4, 2026, for Q3 2026.