Sangsangin Securities keeps Buy rating for POSCO Holdings stock

Published on 10/06/2026 at 14:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sangsangin Securities set a KRW 550,000 target on October 6, 2026. POSCO Holdings stock was EUR 52.25, up 0.48 percent.

PKX, US6934831099, Illustration mit AI erstellt.

POSCO Holdings (ISIN US6934831099) stood at EUR 52.25 at Lang & Schwarz on October 6, 2026, up 0.48 percent versus the EUR 52.00 prior close. On the same date, KOSPI News reported that Sangsangin Securities kept a Buy rating and a KRW 550,000 target for POSCO Holdings.

Buy rating holds at KRW 550,000

The Sangsangin Securities note dated October 6, 2026, left the target unchanged at KRW 550,000 and described third-quarter operating profit as being in line with consensus. The target is a Korean-market reference and is not combined with the euro price of the NYSE-traded ADR.

The latest analyst action gives the stock a defined valuation marker while the market waits for the next earnings update. The unchanged target also contrasts with a September 29 Hanwha Investment & Securities target of KRW 500,000 reported by StockHub, but that older report is used here only as background.

Q2 revenue rose 9.7 percent

In the second quarter of 2026, POSCO Holdings reported revenue of KRW 19.3 trillion, up 9.7 percent from the same quarter a year earlier, according to ATS View. Operating profit reached KRW 819.0 billion, compared with KRW 707.0 billion in the first quarter of 2026, while net income was KRW 761.0 billion.

The figures show the operating improvement behind the current analyst discussion: quarterly revenue increased from KRW 17.9 trillion in the first quarter to KRW 19.3 trillion in the second quarter, while operating profit rose by KRW 112.0 billion. Steel remains the core business, with secondary battery materials forming a separate growth area.

Stock remains inside a wide range

Market capitalization stood at USD 18.0 billion on October 6, 2026. The USD 44.99 to USD 92.40 52-week range shows a wide valuation spread for the NYSE-listed ADR, and the euro quotation cannot be compared directly with that dollar range.

POSCO Holdings is listed on the NYSE under PKX, while its common shares trade on the KOSPI market under code 005490. The company operates through steel, infrastructure, secondary battery materials and other businesses, giving quarterly results exposure to both steel conditions and battery-material execution.

EUR 52.25 in trading

At Lang & Schwarz, POSCO Holdings was trading at EUR 52.25 on October 6, 2026, at 2:38 p.m. CEST, or plus 0.48 percent versus the EUR 52.00 prior close of October 5, 2026. The reference quotation is an intraday euro price for German-market investors.