[Featured Stock] LG Innotek Rises on Strong Q1 Earnings Outlook

LG Innotek is showing strength due to positive prospects, including strong first-quarter earnings this year.

As of 9:34 AM on the 27th, LG Innotek is trading at 165,300 KRW, up 3,700 KRW (2.29%) from the previous day.

On the same day, iM Securities raised the target price for LG Innotek from 205,000 KRW to 225,000 KRW, anticipating that the first-quarter earnings will exceed market expectations. Go Eui-young, a researcher at iM Securities, stated, "We have adjusted our operating profit estimates for 2025 and 2026 upward by 11% and 10%, respectively, and raised the target price by 10%. Although we have maintained a cautious long-term approach to LG Innotek, we believe a positive stock trend can be expected at least until June. The first-quarter earnings are expected to surpass the consensus (average securities firm forecast), and there will be many positive events related to Apple in the near term." iM Securities estimates LG Innotek's first-quarter sales at 4.6 trillion KRW, a 7% increase year-on-year, and operating profit at 114.3 billion KRW, a 35% decrease. This operating profit estimate is about 30% higher than the consensus of 88 billion KRW.

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