[Click eStock] "YG Entertainment, Industry Boom Driven by Active Artist Activities"

Hi Investment & Securities Report

Hi Investment & Securities evaluated that YG Entertainment (YG Enter) is experiencing a favorable industry trend along with active artist activities as of the 6th. Accordingly, they issued a 'Buy' investment opinion with a target price of 65,000 KRW.

Park Da-gyeom, a researcher at Hi Investment & Securities, stated, "YG Enter's sales in the first quarter of this year are expected to reach 123.2 billion KRW, up 63% year-on-year, and operating profit is expected to be 16 billion KRW, up 162%, meeting market expectations." He added, "Revenues related to BLACKPINK's world tour and TREASURE's Japan tour held until early this year will be reflected, and Jisoo's solo album will be reflected in both the first and second quarters."

Researcher Park said, "BLACKPINK, TREASURE, Baby Monster, who is scheduled to debut with a pre-release song within the second quarter, and G-Dragon, who has announced a comeback within the year, will all have active activities this year." He explained, "The industry is also showing favorable conditions, with major agencies' artists continuing high growth in album sales, and the growth rate of K-POP album exports, which slowed down last year, is recovering this year."

He also analyzed, "Baby Monster has been receiving high interest from global K-POP fans even before debut." He added, "This is ultimately due to the influence of the YG brand and senior groups, and it is expected to show results at least at the level of a 4th generation major agency rookie girl group with the physical album scheduled for the second half of the year. If it succeeds globally, it could become a momentum that stimulates multiples."

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