Shinhan keeps KRW 1.75 million target for Samyang Foods stock

Published on 10/19/2026 at 04:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached KRW 770.0 billion, up 39.3 percent year over year. The next earnings date is November 18, 2026 for Samyang Foods stock.

Target decision and earnings timing

Shinhan Investment Securities kept its KRW 1.75 million target on October 16, 2026.
Second-quarter revenue reached KRW 770.0 billion, up 39.3 percent year over year.
The next earnings report is listed for November 18, 2026.

Samyang, KR7003230000, Illustration mit AI erstellt.

Samyang Foods (ISIN KR7003230000) retained a KRW 1.75 million price target on October 16, 2026, unchanged from KRW 1.75 million, according to Newspim. The unchanged target rests on continued overseas demand, expanding production capacity and resilience against a stronger won.

Three earnings milestones

On May 12, 2026, Samyang Foods reported first-quarter revenue of KRW 714 billion and operating profit of KRW 177 billion, figures listed by Stockanalysis and ATS View. On August 13, 2026, the second-quarter report showed revenue of KRW 770.0 billion, up 39.3 percent year over year, while operating profit rose 46.7 percent to KRW 176.0 billion, according to the same quarterly records. On October 16, 2026, Newspim reported the retained KRW 1.75 million target and a third-quarter revenue forecast of KRW 818.0 billion.

What supports the target?

The analyst case centers on profitability and capacity rather than a higher valuation multiple. Newspim said the report projected third-quarter operating profit of KRW 186.3 billion, up 42.3 percent year over year, and cited a projected 2026 gross margin of 45.9 percent. It also pointed to a 39 percent capacity increase at the Milyang second plant and a 43 percent capacity increase expected from the China plant.

A separate October 2, 2026 assessment from Kyobo Securities kept a Buy recommendation and a KRW 1.86 million target, while forecasting third-quarter revenue of KRW 818.5 billion and operating profit of KRW 183.2 billion. Financial News reported that the China plant is scheduled to begin operations in January 2027.

Next reporting date

TradingView lists November 18, 2026 as Samyang Foods' next earnings report date. That date will test whether the second-quarter growth rate and overseas-led strategy are carrying into the next reported period.

KRW quote sets the market context

Samyang Foods was trading at KRW 1,244,000 on the Korea Exchange on October 19, 2026 at 11:30 a.m. KST. The same quote showed a market capitalization of KRW 9.4 trillion, while the 52-week range was KRW 981,000 to KRW 1,557,000. The stock therefore remains below its 52-week high, with earnings execution and overseas capacity as the key measurable reference points.