LG Electronics stock gets a higher target as AI cooling orders grow

Published on 09/29/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LG Electronics stock now carries a KRW 270,000 target after a 12.5 percent increase. Q2 revenue reached KRW 23.8 trillion, up 14.9 percent year over year.

LG Electronics, KR7066570003, Illustration mit AI erstellt.

LG Electronics stock gained a stronger analyst case on September 29, 2026, after Daishin Securities raised its target from KRW 240,000 to KRW 270,000. The upgrade centers on AI data center cooling orders, robotics and improving vehicle component profitability.

AI cooling drives the target increase

As Chosun Biz reported on September 29, 2026, Daishin kept its Buy rating while lifting the target by 12.50 percent. The brokerage cited 600 billion won of first-half orders for AI and data center cooling solutions, alongside additional second-half orders valued at KRW 2 trillion to KRW 3 trillion.

The estimate is not risk-free. Daishin projected consolidated third-quarter operating profit at KRW 941.9 billion, up 36.7 percent year over year, but below market consensus of KRW 1.59 trillion, according to MK on September 29, 2026.

Quarterly margin sets the test

LG Electronics reported Q2 2026 revenue of KRW 23.8 trillion, up 14.9 percent year over year, while operating profit reached KRW 1.58 trillion and the operating margin was 6.60 percent, according to ATS View. That comparison gives the AI cooling and vehicle component thesis a measurable earnings hurdle rather than a purely thematic narrative.

Daishin also forecast vehicle component operating profit of KRW 891 billion for 2026, up 56.6 percent from the prior year. The forecast points to a portfolio shift toward higher-value B2B activity, but the gap between the third-quarter estimate and consensus keeps execution central to the story.

KRW 34.7 trillion market value

LG Electronics was valued at KRW 34.7 trillion on September 29, 2026. The KRX quote was KRW 213,500 at 3:30 p.m. KST on the same date, down 0.47 percent from the prior close, while the primary listing is KRX under ticker 066570.