LG Uplus opened KRW 150 billion bond sale: Macquarie raised LG Uplus stock target

Published on 10/14/2026 at 02:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Institutional bids reached KRW 1.71 trillion on October 13, 2026. LG Uplus stock has a KRW 20,000 target after KRW 16,000.

Capital and earnings markers

Institutional investors placed KRW 1.71 trillion of orders for LG Uplus bonds on October 13, 2026.
Macquarie raised its LG Uplus target from KRW 16,000 to KRW 20,000 on October 7, 2026.
LG Uplus is scheduled to report its next earnings on November 18, 2026.
Operating profit reached KRW 344.5 billion in the second quarter of 2026.

LG Uplus, KR7032640005, Illustration mit AI erstellt.

LG Uplus (ISIN KR7032640005) opened a KRW 150 billion corporate bond sale on October 13, 2026, while Macquarie raised its target for LG Uplus stock from KRW 16,000 to KRW 20,000 on October 7, 2026. Investing.com lists the Macquarie upgrade and the new target. Seoul Economic Daily reported that institutional bids reached KRW 1.71 trillion against the KRW 150 billion offering.

Bond demand tests balance sheet

The order book was more than 11 times the planned issue size, with KRW 615 billion directed to the two-year tranche and KRW 1.095 trillion to the three-year tranche. The strong demand allowed the two-year tranche to price 5 basis points below its comparable benchmark and the three-year tranche 3 basis points below it, according to Seoul Economic Daily.

The financing arrives alongside a mixed balance-sheet picture. EDAILY said first-half 2026 revenue fell 1.2 percent year over year to KRW 7.4987 trillion, while operating profit rose 10.1 percent to KRW 616.7 billion. Operating cash flow increased 9.0 percent to KRW 1.8625 trillion in the same period.

AI investment adds a growth test

LG Uplus is also building an AI operating story. In a release dated October 6, 2026, LG Uplus said its work with Opt AI had reduced power consumption by 78 percent and model size by 82 percent in on-device AI testing. The companies are extending the research to server GPU environments, where LG Uplus said processing capacity reached up to four times the previous level.

The latest quarterly figures show why profitability matters. ATS View reports second-quarter 2026 revenue of KRW 3.69 trillion, down 3.9 percent year over year, alongside operating profit of KRW 344 billion and a 9.3 percent operating margin. The revenue decline and profit increase place cost control and AI infrastructure execution at the center of the next earnings check.

KRW 14,780 on KRX

LG Uplus was quoted at KRW 14,780 on the KRX on October 13, 2026. The 52-week range was KRW 13,810 to KRW 18,800, while market capitalization stood at KRW 6.3 trillion on the same market snapshot.

LG Uplus is scheduled to release its next earnings report on November 18, 2026, according to Investing.com.

Market context: Market report KOSPI.