KB Securities cuts target for Paradise stock to KRW 13,000

Published on 10/19/2026 at 03:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was KRW 318.1 billion, up 11.8 percent year over year. KB Securities set a KRW 13,000 target for Paradise stock on October 16.

Analyst view and operating trend

KB Securities set a KRW 13,000 target on October 16, 2026.
Second-quarter revenue reached KRW 318.1 billion, up 11.8 percent year over year.
Paradise stock was last at KRW 9,910 on October 19, 2026 at 9:44 a.m. KST.
Next earnings are scheduled for November 12, 2026.

Paradise, KR7034230003, Illustration mit AI erstellt.

Paradise Co (KR7034230003) drew a KRW 13,000 target from KB Securities on October 16, 2026, after the broker retained its Buy rating and lowered its valuation, Maeil Business Newspaper reported. The company had generated KRW 318.1 billion in second-quarter revenue, up 11.8 percent from a year earlier, with operating profit of KRW 35.6 billion, according to ATS View.

Target cut meets stronger casino figures

KB Securities expects third-quarter operating profit of KRW 55.2 billion and a 15.6 percent operating margin. Its target reflects policy changes and higher interest costs linked to Paradise's Jangchung-dong hotel project, while the diversified customer base supports a steadier earnings profile.

Hana Securities separately projected third-quarter revenue of KRW 345.2 billion and operating profit of KRW 52.1 billion on October 6, 2026. The note cut its target from KRW 18,000 to KRW 16,000, a 11.11 percent reduction, as reported by Newspim.

What does the casino trend mean?

iGaming Times reported on October 5, 2026, that Paradise's third-quarter casino revenue reached KRW 268.2 billion, 23.4 percent above the prior-year quarter and 8.4 percent above the second-quarter figure of KRW 247.5 billion. The record was driven by hold rates even as table drop declined 4.9 percent between the second and third quarters, making the quality of growth important for investors.

Three dates and three operating markers

On August 14, 2026, Paradise reported second-quarter revenue of KRW 318.1 billion and operating profit of KRW 35.6 billion. On October 2, 2026, provisional casino revenue for the third quarter reached KRW 268.2 billion. On October 16, 2026, KB Securities set its KRW 13,000 target, the latest of the three events.

When are the next company dates?

Investing.com lists November 12, 2026, as the next earnings date, with third-quarter revenue estimated at KRW 345.0 billion. ATS View lists November 16, 2026, as the filing deadline for the quarter ended September 2026.

Stock valuation remains wide

Paradise was last at KRW 9,910 on October 19, 2026 at 9:44 a.m. KST on the KOSPI. The quote implies a market capitalization of KRW 869.7 billion, while the 52-week range runs from KRW 9,160 to KRW 21,850. That gap leaves the analyst targets as the main valuation reference, but the next report will test whether the casino revenue record translates into profit.