Krafton stock gains 1 percent as The Ascent sets a December launch
Published on 10/07/2026 at 02:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Krafton (ISIN KR7259960003) was trading at KRW 202,500 on the Korea Exchange on October 7, 2026 at 9:30 a.m. KST, up 1.00 percent from the previous close. The immediate company story is a new release milestone, while analysts are balancing Krafton's strong first-half growth against softer projected third-quarter profitability.
The Ascent sets a December milestone
According to ATS View, Krafton's Neon Giant studio opened preorders on October 6, 2026 for The Ascent on Nintendo Switch 2, with the release scheduled for December 3, 2026. The launch gives investors a dated checkpoint for the pipeline beyond PUBG and Subnautica 2.
The same company coverage also lists a PUBG event in Seoul beginning October 7, 2026. For the stock, the significance is not the event format itself but the continuing effort to keep the PUBG franchise visible while new intellectual property moves toward launch.
Revenue growth meets margin pressure
Krafton's Q2 2026 revenue reached KRW 1.29 trillion, up 94.9 percent year over year, while operating profit was KRW 411 billion with a 31.8 percent margin, according to ATS View. The comparison is unusually wide because Q2 2025 revenue was KRW 662 billion and operating profit was KRW 246 billion.
The profit mix is less uniform than the sales number. Q2 net income was negative KRW 29.9 billion, compared with positive net income of KRW 15.5 billion a year earlier, even as first-half revenue advanced 73.3 percent to KRW 2.662 trillion and operating profit rose 38.3 percent to KRW 972.5 billion.
Kyobo lowers target to KRW 370,000
Kyobo Securities kept its Buy rating but reduced its target from KRW 390,000 to KRW 370,000 in a report released on October 6, 2026, as Inven Global reported. The brokerage estimates Q3 revenue of KRW 1.1164 trillion, up 28.2 percent year over year, but operating profit of KRW 252.6 billion, down 27.5 percent.
The broader consensus remains higher than the live share price. StockHub lists 10 targets with a median of KRW 340,000, an average of KRW 351,000, a high of KRW 460,000 and a low of KRW 290,000. The median target lies 67.9 percent above KRW 202,500, but Kyobo's reduction shows that estimates still depend heavily on the timing of new game releases and the fading contribution from Subnautica 2.
Stock remains below its yearly high
Krafton was last at KRW 202,500 on the Korea Exchange on October 7, 2026 at 9:30 a.m. KST. The price stood 33.3 percent below the 52-week high of KRW 303,500 and 4.2 percent above the 52-week low of KRW 194,300, while market capitalization was KRW 9.1 trillion.
Krafton stock facts
- Company: KRAFTON, Inc.
- ISIN: KR7259960003
- Ticker: 259960
- Trading venue: Korea Exchange KOSPI
- Price (as of October 7, 2026, 9:30 a.m. KST): KRW 202,500
- Market capitalization: KRW 9.1 trillion (as of October 7, 2026)
- 52-week range: KRW 194,300-303,500 (as of October 7, 2026)
- Sector / Industry: Communication Services / Electronic Gaming and Multimedia
- Index membership: KOSPI 200
- Next earnings date: November 3, 2026
