BTS Facing December Enlistment... HYBE Stock Falls by Over 2%

Stock Price Drops Amid BTS Hiatus Concerns
RM, V, Jimin, Jungkook Scheduled for Military Enlistment

Four members of the group BTS?RM, V, Jimin, and Jungkook?have announced that they will all enlist for active duty in the army next month, and the stock price of their agency, HYBE, is showing a downward trend.

BTS (Bangtan Sonyeondan).
Photo by BigHit Music

On the 30th, in the Korea Exchange market, HYBE was trading at 210,000 KRW as of 9:30 AM, down 2.33% from the previous trading day. The stock price even dropped as much as 3.26% to 208,000 KRW in early trading. This is due to concerns that BTS's absence could lead to poor business performance.

Previously, HYBE announced that RM and V will enlist on December 11, and Jimin and Jungkook on December 12. Their expected discharge date is June 2025.

(From left) BTS members J-Hope, Jin, Jimin.
[Photo by Jin Instagram]

BTS members Jin and J-Hope enlisted last December and this April, respectively, and are currently serving as instructors at recruit training centers under different army divisions. Suga began his social service duty in September.

With RM, V, Jimin, and Jungkook enlisting next month, all seven BTS members will be fulfilling their military service obligations. Notably, V has reportedly applied to the Army Capital Defense Command’s Special Mission Unit, drawing particular attention.

Researcher Lee Hwan-wook of Yuanta Securities stated, "The absence of BTS, the key artist intellectual property (IP), is inevitable," and lowered the target stock price from 340,000 KRW to 300,000 KRW.

Lee explained, "Next year’s expected annual album sales are projected to decline slightly by 0.4% compared to the previous year," adding, "The main cause of this negative growth is, of course, the absence of BTS."

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