[Asia Economy Reporter Hyungsoo Park] Krafton is rebounding after three days. Expectations for the new release Battlegrounds: NEW STATE seem to be influencing the stock price.


As of 2:48 PM on the 13th, Krafton is trading at 444,000 KRW, up 9.36% from the previous day.


Researcher Moonjong Lee from Shinhan Financial Investment explained, "The global pre-registrations for the new title 'NEW STATE' have surpassed 27 million," adding, "It is the fastest pace among recently released games."


He continued, "On the 19th, iOS pre-registrations will begin, and on the 27th, the second alpha test will be conducted," adding, "We expect the release to be between late next month and early October."


Additionally, he emphasized, "Operating profit for next year, reflecting the new title, is projected to reach 1.4 trillion KRW, a 59.6% increase compared to this year," highlighting that "an average daily revenue of 3 billion KRW reflects about 30% of PUBG Mobile Carnival."



A new target stock price of 510,000 KRW and a 'Buy' investment rating were presented.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing