Mirae Asset set KRW 49,000 target for GS Engineering & Construction stock

Published on 10/14/2026 at 04:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was KRW 2.78 trillion for GS Engineering & Construction stock. Operating profit reached KRW 91.4 billion.

Analyst view and operating base

Mirae Asset set a KRW 49,000 target for GS E&C on October 8, 2026.
Second-quarter revenue reached KRW 2.78 trillion and operating profit was KRW 91.4 billion.
GS E&C stock stood at KRW 30,350 on the Korea Exchange at 11:15 a.m. KST on October 14, 2026.
GS E&C left the FTSE All-World Index on September 21, 2026.

GS E&C, KR7006360002, Illustration mit AI erstellt.

GS Engineering & Construction (KR7006360002) remains tied to a KRW 49,000 analyst target set by Mirae Asset on October 8, 2026. According to Newspim, the research view projected second-quarter revenue of KRW 2.84 trillion and operating profit of KRW 105.4 billion for the third quarter, below the market operating-profit estimate of KRW 119.2 billion.

Three dated signals shape the case

On October 8, 2026, Mirae Asset published the KRW 49,000 target while estimating third-quarter revenue at KRW 2.84 trillion and operating profit at KRW 105.4 billion, according to Newspim. On September 21, 2026, GS Engineering & Construction was reported as removed from the FTSE All-World Index at a Korea Exchange closing price of KRW 36,600, according to Marketscreener. On August 14, 2026, the company reported its second-quarter and first-half results for the period ended June 30, 2026.

What supports the recovery case?

The operating base is mixed. In the second quarter of 2026, revenue was KRW 2.78 trillion, down 13.00 percent year over year, while operating profit reached KRW 91.4 billion and net income was KRW 14.4 billion, according to ATS View.

The comparison with the first quarter shows operating profit rising from KRW 73.5 billion to KRW 91.4 billion, while revenue increased from KRW 2.40 trillion to KRW 2.78 trillion. That sequential improvement gives the analyst target a measurable operating reference, even as the year-over-year revenue decline keeps execution central to the story.

Korean quote and yearly range

GS Engineering & Construction was trading at KRW 30,350 on the Korea Exchange at 11:15 a.m. KST on October 14, 2026. The current quote sits between the 52-week range of KRW 17,880 to KRW 44,850, while market capitalization stood at KRW 2.6 trillion on the same date.

The company operates in construction and engineering, with activities spanning building and housing, plants, infrastructure, development, modular housing and water treatment. Its KOSPI listing and the KRW 49,000 target leave the market weighing improving sequential profit against weaker year-over-year revenue.