[Featured Stock] Abatec Hits 52-Week High on Earnings Growth Expectations Centered on AI-Based OLED Panels

Abatech's stock price is on the rise. Expectations for earnings growth related to artificial intelligence (AI)-centered organic light-emitting diode (OLED) panels appear to be influencing the stock price.

As of 9:25 a.m. on the 27th, Abatech is trading at 16,730 KRW, up 2.76% from the previous day. During the session, it rose to 17,250 KRW, marking a 52-week high.

Yang Seung-su, a researcher at Meritz Securities, stated, "This year's sales are expected to increase by 35.1% year-on-year to 102.4 billion KRW, and operating profit for the same period is expected to grow by 611.9% to reach 15.7 billion KRW." He added, "Due to the expanded market share of domestic displays among North American clients and increased volume for laptops, a favorable earnings trend is expected to continue following the first quarter."

Researcher Yang also forecasted a positive trend continuing into 2025. He analyzed, "There will be an expansion in OLED etching sales and a recovery in multilayer ceramic capacitor (MLCC) sales," adding, "The direction of earnings growth is clear, centered on the increased adoption of AI-focused OLED panels." He further noted, "There is also potential for upward revisions in earnings estimates due to the additional acquisition of MLCC clients in the future."

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