Game Stocks: New Release Excitement Continues Strong This Year...

Com2uS, NCSoft, and Others to Release New Titles This Year... Securities Firms Raise Target Prices

Pearl Abyss's 'Red Desert' (Photo by Asia Economy DB)

[Asia Economy Reporter Geum Bo-ryeong] Expectations for new game releases in the gaming sector are expected to continue this year.

According to the gaming industry on the 15th, Com2us's "Summoners War: Hundred Years' War" is scheduled to begin pre-registration at the Taiwan Game Show later this month. Considering the usual pre-registration period of about 1 to 2 months, it is highly likely to be released in early March.

Hundred Years' War received favorable reviews during last year's Closed Beta Test (CBT). Jae-min Ahn, a researcher at NH Investment & Securities, explained, "Summoners War still ranks within the top 100 in Apple App Store sales in 61 countries worldwide, confirming its value as intellectual property (IP), and this is a point where expectations for the next title can rise." Following Hundred Years' War, new mobile game releases such as "Summoners War: Chronicle" are also anticipated.

NCSoft is expected to generate strong new release momentum in the first quarter with the domestic launch of "Trickster M," the release of "Lineage 2M" in Japan and Taiwan, and the domestic launch of "Blade & Soul 2." SK Securities estimated the initial daily sales of Blade & Soul 2 at 2.5 billion KRW and the average daily sales for this year at 1.98 billion KRW. The initial daily sales of Trickster M were projected at 400 million KRW.

Pearl Abyss unveiled the trailer for "Crimson Desert" last month. They plan to continue promoting Crimson Desert at game shows and other events until its release this year. Netmarble plans to globally launch "Blade & Soul Revolution" in the first quarter and release "The Second Country" and "Seven Knights Revolution" in the second quarter.

Thanks to the anticipation for new releases, securities firms are raising target stock prices for gaming companies. Regarding Com2us, Kiwoom Securities raised the target price from 190,000 KRW to 260,000 KRW, and Shinhan Investment Corp. increased it from 155,000 KRW to 205,000 KRW. For NCSoft, Meritz Securities changed the target price from 1,070,000 KRW to 1,200,000 KRW, and Kiwoom Securities adjusted it from 1,100,000 KRW to 1,300,000 KRW.

This content was produced with the assistance of AI translation services.