Yuanta keeps KRW 24,000 target for Daewoo E&C stock

Published on 10/20/2026 at 02:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Yuanta maintained its KRW 24,000 target on October 16, 2026. For Daewoo E&C stock, 5 projects are in the Q4 pipeline.

Contract pipeline and earnings date

Yuanta maintained a KRW 24,000 target on October 16, 2026.
Second-quarter 2026 revenue reached USD 1.43 billion while operating profit reached USD 163 million.
Expected reporting is scheduled for November 6, 2026.

Daewoo E&C, KR7047040001, Illustration mit AI erstellt.

Daewoo E&C (ISIN KR7047040001) was last at KRW 14,500.00 on the KRX on October 20, 2026 at 9:27 a.m. KST. The latest catalyst is a Yuanta Securities Korea target of KRW 24,000, maintained on October 16, 2026, as large projects are expected to move into the fourth quarter.

According to Edaily, Yuanta kept its Buy rating and KRW 24,000 target for Daewoo E&C. The report estimated third-quarter revenue at KRW 1.9679 trillion, down 1.1 percent year over year, and operating profit at KRW 175.5 billion, up 210.3 percent. Those estimates were close to consensus revenue of KRW 1.9906 trillion and operating profit of KRW 178.3 billion.

What could five projects change?

The answer depends on order conversion. As of the end of the third quarter, cumulative new orders stood at KRW 12 trillion, equal to 44 percent of the revised annual guidance of KRW 27 trillion. Five projects were identified for the fourth quarter, including the Dukovany nuclear power plant, Papua New Guinea LNG facilities, a Nigeria fertilizer plant, Mozambique LNG and Gadeokdo Airport foundation work, according to Edaily. For investors, the main question is whether those projects lift orders faster than revenue pressure weighs on margins.

Three dated signals

On August 4, 2026, Daewoo E&C reported second-quarter revenue of USD 1.43 billion, operating profit of USD 163 million and net income of USD 117 million, according to Stockskorea. On October 13, 2026, the company disclosed a USD 310 million supply contract, the same source reported. On October 16, 2026, Yuanta maintained its KRW 24,000 target as the latest dated analyst event, Edaily said.

When is the next report?

Yahoo Finance lists November 6, 2026 as the expected reporting date. That release should provide the first reported test of the order pipeline and the third-quarter margin assumptions.

KRW 14,500 quote and next date

The KRX quote stood at KRW 14,500.00 on October 20, 2026 at 9:27 a.m. KST. Daewoo E&C remains a KOSPI-listed construction group with current attention centered on contract conversion and the November 6, 2026 reporting date.