LS Electric, KR7010120004

LS Electric signs USD 138.46 million deal. LS Electric stock gets KRW 300,000 target

Published on 10/14/2026 at 02:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bloom Energy contract totals USD 138.46 million on October 13, 2026. Analysts set a KRW 300,000 target for LS Electric stock.

Data center contract and analyst target

LS Electric signed a USD 138.46 million Bloom Energy contract on October 13, 2026.
LS Securities set a KRW 300,000 target in a report dated October 13, 2026.
LS Electric will publish its next earnings report on October 28, 2026.

LS Electric, KR7010120004, Illustration mit AI erstellt.

LS Electric (ISIN KR7010120004) signed a USD 138.46 million supply contract with Bloom Energy on October 13, 2026, while LS Securities set a KRW 300,000 target for LS Electric stock in a report dated the same day. The deal adds high-voltage switchgear and distribution transformers for a US data center to the company's North American expansion.

Contract expands data center reach

According to LS Electric on October 13, 2026, the Pennsylvania project covers 38-kilovolt high-voltage switchgear and distribution transformers. Deliveries are scheduled from April through July 2027, giving the contract a defined execution window rather than an immediate revenue contribution.

The agreement also pushed LS Electric's cumulative orders from Bloom Energy above USD 500 million since April 2025, according to the company release. That figure places the latest contract at 27.69 percent of the cumulative total, highlighting the growing role of one customer relationship in the company's North American data center activity.

Analyst sees higher operating profit

Newspim reported on October 13, 2026, that LS Securities initiated coverage with a Buy rating and a KRW 300,000 target, down from KRW 350,000 on July 24, 2026. The new target was 5.63 percent above the six-month average target of KRW 284,000 cited in the report.

A separate report from Financial News on October 13, 2026, said Korea Investment Securities maintained a KRW 330,000 target. Its forecast called for third-quarter revenue of KRW 1.7868 trillion, up 46.90 percent year over year, and operating profit of KRW 201.2 billion, 5.70 percent above the KRW 190.3 billion consensus estimate.

What the next figures must show

Investing.com lists October 28, 2026 as LS Electric's next earnings date. The report will test whether North American data center orders are converting into the higher margins and operating profit assumed in current analyst forecasts.

LS Electric's KRX quote was KRW 181,500 at 9:34 a.m. KST on October 14, 2026. The price stood within its KRW 58,300 to KRW 335,000 52-week range, leaving the contract pipeline and forecast conversion as the key measurable issues for the next update.

Three dated developments

On August 14, 2026, the latest reported release showed revenue of KRW 1.58 trillion for the second quarter of 2026, according to Investing.com. On October 13, 2026, LS Securities set its KRW 300,000 target, and LS Electric signed the USD 138.46 million Bloom Energy contract on the same date.

Upcoming reporting date

LS Electric is scheduled to publish its next earnings report on October 28, 2026, and Bloom Energy deliveries are scheduled for April through July 2027.