LG Innotek (011070 KS/Buy)Substrates Driving Upside
Substrates driving upsideRaise TP by 42%; substrate re-rating continues We raise our target price for LG Innotek by 42% to W680,000 (from...
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LG Innotek (011070 KS/Buy)Hitting Its Stride
While the North American customer is reportedly delaying the launch of its next standard smartphone model, we believe the impact on earnings will...
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LG Innotek (011070 KS/Buy)Showing Resilience Amid Industry Weakness
For 1Q26, we forecast LG Innotek to deliver revenue of W5.4tr (+8% YoY) and operating profit of W189.3bn (+51% YoY; 12% above the consensus).
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LG Innotek (011070 KS/Buy)Set to Benefit from Substrate Capacity Expansion and Resilient Demand
We raise our target price for LG Innotek to W360,000 (from W320,000), reflecting: 1) an upward revision to our target EV/EBITDA for the substrates...
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LG Innotek (011070 KS/Buy)Raise TP on Stronger Substrate Earnings Outlook
We lift our target price for LG Innotek to W320,000 (from W300,000), as we revised up our 2026 operating profit forecast (+30% for substrates)...
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