[Market Focus] LN Energy & Frontier Surges Over 10% on Hopes for Tesla’s European Sales Recovery

LN Energy & Frontier is showing strong gains of over 10% in early trading.

As of 9:13 a.m. on March 24, 2026, LN Energy & Frontier was trading at 123,600 won, up 11,500 won (10.26%) from the previous day.

Investor expectations for a recovery in Tesla’s European sales appear to be driving up the share price.

On this day, NH Investment & Securities evaluated that LN Energy & Frontier, the exclusive supplier of N95, is expected to benefit from the recovery in Tesla’s European sales. Joo Minwoo, a researcher at NH Investment & Securities, stated, “With anticipated changes in the European sales environment leading to a recovery in Tesla’s sales volume, LN Energy & Frontier, as the exclusive supplier of N95, is projected to benefit.” He added, “The exclusive supply arrangement for N95 will be maintained this year, and there is upside potential for sales in the second half of the year.”

NH Investment & Securities forecast that LN Energy & Frontier’s operating profit for the first quarter of this year will reach 85.3 billion won, significantly surpassing the consensus estimate of 40 billion won. Researcher Joo analyzed, “Tesla’s sales in China and Europe remain solid, while LN Energy & Frontier continues to hold exclusive rights for N95 cathode materials. As a result, high-nickel cathode material sales are expected to hit record quarterly volumes again.”

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