Nexon stock keeps UBS Hold rating with JPY 2,720 target
Published on 10/08/2026 at 08:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Nexon stock (ISIN JP3758190007) was trading at JPY 2,592.5 on the Tokyo Stock Exchange on October 8, 2026, down 0.92 percent from the prior close. The key fresh signal is UBS maintaining a Hold rating and a JPY 2,720.00 price target on October 6, 2026, according to Markets Insider.
UBS keeps a cautious rating
The UBS target stands JPY 127.50, or 4.9 percent, above the October 8 trading price. That gap leaves the analyst view close to the market level rather than signaling a sharp valuation reset.
The same Markets Insider report described the broader consensus as Moderate Buy, with an average price target of JPY 2,979.37. That average is 14.9 percent above the October 8 price, creating a more optimistic view than the individual UBS rating.
June revenue grew by 2 percent
Nexon's quarter ended June 30, 2026, generated revenue of JPY 121.08 billion and net profit of JPY 29.64 billion, according to Markets Insider. Revenue was JPY 118.85 billion in the comparable quarter, while net profit was JPY 16.76 billion, making earnings growth much stronger than the sales increase.
The figures point to a business with operating momentum, but the rating split matters. UBS remains at Hold even as the average consensus target reaches JPY 2,979.37, so the market is weighing growth against the durability of Nexon's game pipeline.
Special dividend sets a cash test
Japan IR reported that Nexon set a special dividend of JPY 415 per share, with payment scheduled for November 25, 2026. The provisional total payout is JPY 324.001 billion, while the record date was September 30, 2026.
The payout gives shareholders a concrete capital-return event, but it also makes future cash generation and reinvestment important parts of the valuation discussion. For investors, the central comparison is now between the JPY 2,720.00 UBS target, the JPY 2,979.37 consensus target and the company's post-dividend growth profile.
Nexon stock remains below its yearly high
Nexon stock was last at JPY 2,592.5 in Tokyo trading on October 8, 2026, at 1:53 p.m. JST. The session range was JPY 2,564.0 to JPY 2,623.5, volume was 686,000 shares, and the market capitalization was JPY 2.0 trillion.
Nexon stock facts
- Company: NEXON Co., Ltd.
- ISIN: JP3758190007
- Ticker: 3659.T
- Trading venue: Tokyo Stock Exchange
- Price as of October 8, 2026, 1:53 p.m. JST: JPY 2,592.5
- Market capitalization: JPY 2.0 trillion (as of October 8, 2026)
- 52-week range: JPY 2,110.0-4,434.0
- Sector / Industry: Communication Services
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