LG Display stock faces a weaker third-quarter profit outlook

Published on 10/07/2026 at 04:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LG Display stock carries a KRW 13,000 target after Shinhan cut its view 19% on October 6. Q2 revenue reached KRW 5.6121 trillion, but operating loss was KRW 107.728 billion.

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LG Display (ISIN US50186V1026) was last at USD 3.10 on the NYSE on October 5, 2026, down 0.64 percent from the prior close. The latest analyst revision points to a slower profit recovery ahead of the company's third-quarter results.

Target cut flags currency pressure

According to EDAILY on October 6, Shinhan Investment Securities reduced its LG Display target by 19 percent to KRW 13,000. The report linked the revision to weaker exchange-rate support and higher semiconductor-related costs affecting display demand.

Shinhan's Q3 forecast calls for revenue of KRW 6.6 trillion, a 5 percent year-over-year decline, and operating profit of KRW 297.7 billion, down 31 percent. That profit estimate is 20 percent below the KRW 370.3 billion consensus cited in the same report, making margin recovery the central test for the next results release.

Q2 loss contrasts with first-half profit

LG Display's Q2 revenue reached KRW 5.6121 trillion, according to the company's earnings-call transcript published by Yahoo Finance. Revenue increased from KRW 5.5340 trillion in Q1, but the quarter produced an operating loss of KRW 107.728 billion and a net loss of KRW 418.831 billion.

The company said Q2 operating performance excluding one-off restructuring costs was profitable, while the reported operating margin was negative 2 percent. Area shipments rose 12 percent quarter over quarter to 3.6 million square meters, but price per square meter fell 13 percent to USD 1,079, showing why higher volume has not yet translated into consistent earnings.

LG Display's investor-relations page lists first-half 2026 revenue of KRW 11.1461 trillion and operating profit of KRW 39 billion. The company also identifies October 22, 2026 as the date for its Q3 earnings conference call in its investor-relations information.

Consensus remains above the market

Consensus data compiled by StockHub show 10 published targets with an average of KRW 14,250, a high of KRW 17,000 and a low of KRW 11,000. The median target is KRW 15,000, while the latest listed recommendation is a Buy view with a KRW 11,500 target from iM Securities dated September 21, 2026.

For investors, the key comparison is between the KRW 13,000 revised target and the KRW 297.7 billion Q3 operating-profit forecast. Both figures point to a recovery story that depends on exchange rates, panel pricing and OLED mix rather than shipment growth alone.

NYSE price stays near yearly low

LG Display was last at USD 3.10 on the NYSE on October 5, 2026. Its 52-week range is USD 2.76 to USD 5.83, and its market capitalization was USD 3.1 billion on October 6, 2026.