Mirae Asset sets KRW 33,000 target for Samsung Heavy Industries stock

Published on 10/06/2026 at 05:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mirae Asset keeps a Buy view on Samsung Heavy Industries stock. Orders reached USD 7.5 billion for 44 vessels in 2026, versus a USD 5.7 billion goal.

Samsung Heavy, KR7010140002, Illustration mit AI erstellt.

Mirae Asset Securities set a KRW 33,000 target for Samsung Heavy Industries stock on September 29, 2026, while keeping a Buy view, according to StockHub. The target was published alongside a KRW 19,330 regular-session close, putting the target 70.72 percent above that reference price.

Gas carrier order adds volume

Samsung Heavy Industries secured a KRW 307.4 billion contract for two very large gas carriers on September 30, 2026. Yonhap News Agency reported that delivery to the Bermuda-based shipowner is scheduled by February 2030.

The order lifted Samsung Heavy Industries' 2026 commercial-vessel tally to 44 ships worth USD 7.5 billion, compared with its USD 5.7 billion annual target, according to Yonhap. Including offshore projects, cumulative 2026 orders reached USD 11.9 billion, equal to 86 percent of the USD 13.9 billion overall target.

Profitability improves in the second quarter

Second-quarter consolidated revenue reached KRW 3.2307 trillion, while operating profit was KRW 325.0 billion, according to New-Ships.com. Revenue increased 20.40 percent year over year and operating profit rose 58.70 percent year over year in the second quarter.

The combination of order coverage and higher operating profit gives the analyst target a specific operating backdrop. The order book is increasingly weighted toward gas carriers, liquefied natural gas facilities and other higher-value projects, while the 2026 target already covers 86 percent of the broader order plan.

KOSPI price stays near yearly low

Samsung Heavy Industries was last at KRW 19,700 on KOSPI on October 6, 2026 at 12:29 p.m. KST, down 1.30 percent from the prior close of KRW 19,960. The 52-week range is KRW 18,440 to KRW 35,350, placing the latest price 6.84 percent above the low.