LS Securities sets KRW 260,000 target for d'Alba Global stock

Published on 10/14/2026 at 06:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 47.90 percent to KRW 358.1 billion. The target for d'Alba Global stock was KRW 260,000 versus KRW 183,400.

Growth and expansion metrics

LS Securities began coverage with a KRW 260,000 target on September 22, 2026.
First-half operating profit reached KRW 92.3 billion, up 55.70 percent year over year.
d'Alba Global stock was priced at KRW 183,400 on September 21, 2026, alongside the target report.

d'Alba Global, KR7483650008, Illustration mit AI erstellt.

LS Securities began coverage of d'Alba Global with a KRW 260,000 target on September 22, 2026, according to BusinessPost. The report cited first-half revenue of KRW 358.1 billion and operating profit of KRW 92.3 billion, increases of 48.00 percent and 56.00 percent from the prior year.

Three dated growth markers

On August 13, 2026, d'Alba Global reported second-quarter revenue of KRW 186.9 billion, up 45.60 percent year over year, while operating profit reached KRW 47.2 billion at a 25.30 percent margin, according to Atsview.

On September 16, 2026, first-half revenue was reported at KRW 358.1 billion and operating profit at KRW 92.3 billion, with operating margin rising to 25.80 percent from 24.50 percent, Dailian reported.

On October 13, 2026, a market report projected third-quarter operating profit of KRW 32.5 billion, an increase of 94.90 percent year over year, according to JKN News.

What does overseas growth add?

The international mix is already material. BusinessPost said overseas sales represented 76.00 percent of second-quarter revenue, while products were available in 450 Costco stores and 1,500 Ulta Beauty stores during the first half of 2026.

The same report said business-to-business sales rose to 39.00 percent of revenue in the second quarter from 37.00 percent in 2025. It also cited a 2026 revenue forecast of KRW 756.6 billion and operating profit forecast of KRW 166.0 billion, giving investors a concrete test for whether distribution expansion can sustain the recent operating leverage.

Product mix is broadening

According to Dailian, mist products accounted for 42.40 percent of first-half revenue, down from 54.00 percent in 2024, while sun-care products contributed 25.30 percent. Together, the two categories represented 67.70 percent of sales.

The company website lists its 2026 second-quarter investor-relations book dated August 18, 2026 and its results conference call dated August 14, 2026. Its product portfolio includes premium vegan skincare, sun care, inner beauty and fragrance activities, supporting a broader growth narrative than a single mist product.

Expansion remains the key test

The combination of 25.80 percent first-half operating margin and 76.00 percent overseas revenue places distribution execution alongside profitability as the central investment variable. The KRW 260,000 analyst target therefore rests on continued international sales growth and the conversion of new retail placements into repeat demand.