Korean batteries · broker research in English
Korean EV battery and battery-materials stocks: analyst target prices and ratings
10 companies with research · 22 reports · 2026-06-29 to 2026-10-26 · close prices of 2026-10-23
Research on Korean battery makers is mostly published in Korean. We collect it and summarise it here in English: each firm's latest target price, the range and median across firms, and the gap to the latest close. Each name links to its own page with the report-by-report list. A sample of broker research, not advice.
Target prices, company by company
Ordered by how many firms stated a target, then by reports — depth of coverage, not a ranking. Swipe the table sideways for dates, close and gap.
| Company | Ticker | Median target | Latest targets (range) | Firms with a target | Reports | Firms | Targets dated | Latest report | Close | Median target vs close |
|---|---|---|---|---|---|---|---|---|---|---|
| LG Energy Solution | 373220 | KRW 510,000 | KRW 480,000 – KRW 560,000 | 7 | 8 | 7 | 2026-09-15 to 2026-10-15 | KRW 383,000 (2026-10-23) | +33.2% | |
| Samsung SDI | 006400 | KRW 940,000 | KRW 740,000 – KRW 1,000,000 | 3 | 3 | 3 | 2026-09-15 to 2026-10-14 | KRW 490,500 (2026-10-23) | +91.6% | |
| Vitzrocell | 082920 | KRW 41,500 | KRW 38,000 – KRW 45,000 | 2 | 2 | 2 | 2026-09-01 to 2026-09-04 | KRW 23,250 (2026-10-23) | +78.5% | |
| POSCO Future M | 003670 | KRW 290,000 | One firm | 1 | 2 | 1 | 2026-10-21 | KRW 160,800 (2026-10-23) | +80.3% | |
| SANGSINENERGYDISPLAYPRECISIONCO.,LTD | 091580 | KRW 30,000 | One firm | 1 | 2 | 2 | 2026-08-19 | KRW 24,150 (2026-10-23) | +24.2% | |
| DN Automotive | 007340 | KRW 80,000 | One firm | 1 | 1 | 1 | 2026-08-24 | KRW 41,050 (2026-10-23) | +94.9% | |
| L&F | 066970 | KRW 140,000 | One firm | 1 | 1 | 1 | 2026-10-23 | KRW 85,900 (2026-10-23) | +63.0% | |
| SHIN HEUNG ENERGY & ELECTRONICS CO., LTD. | 243840 | KRW 10,000 | One firm | 1 | 1 | 1 | 2026-08-19 | KRW 5,840 (2026-10-23) | +71.2% | |
| SEBANG GLOBAL BATTERY CO.,LTD | 004490 | No target stated | — | 0 | 1 | 1 | — | KRW 57,100 (2026-10-23) | Not measured | |
| ECOPRO CO.,LTD* | 086520 | No target stated | — | 0 | 1 | 1 | — | KRW 72,700 (2026-10-23) | Not measured |
For each firm we take only its most recent stated target, so a firm that wrote five times counts once. "Targets dated" gives the oldest and newest of those latest targets — a target written weeks ago can sit next to a recent close, and the gap below mixes both dates.
"Median target vs close" is the median of the firms' latest targets divided by the close on 2026-10-23, minus one. It is shown only when both numbers exist. It is a gap between what brokers wrote and what the market paid on one day — not an expected return. When only one firm stated a target, the "median" is that single firm's figure. "No target stated" means none of the reports in our sample carried a target price; it is not a zero. 8 of 10 companies have at least one stated target.
This is a record of what brokers published, not investment advice. It is a sample — the reports our collection picked up between 2026-06-29 and 2026-10-26, not every report written — and the range and median describe that sample, not a market consensus. These are statistics, not a verdict on any stock.
What counts as "battery" here
A company is included when the industry code on its record in the Korean regulator's company register (DART) starts with 282 — manufacture of batteries and accumulators, rechargeable or not. Several cathode-material makers file under this code too, so they appear here. The codes are the Korean Standard Industrial Classification (KSIC); the English names are our rendering of them.
One company is added by name: ECOPRO CO.,LTD (086520, marked *). Filed under KSIC 64992 (holding companies), but its business report filed with DART in March 2025 gives its battery-materials segment (cathode materials, through EcoPro BM) KRW 3,296.5bn of 2024 sales before intra-group eliminations, against KRW 234.5bn for its environment segment.
By this rule plus that one addition, 27 listed companies qualify. 10 of them have at least one report in our sample and are in the table above; the other 17 are listed below.
The rule misses companies with a battery or battery-materials business that file under a chemicals code. Examples with research in our sample whose filings report a battery or battery-materials segment, left out of the table: LG Chem (basic petrochemicals, KSIC 20111), Chunbo (basic chemicals, KSIC 201). We keep to the filed code rather than choosing companies by hand, so the list can be checked.
Matched the rule, no broker report in our sample
17 companies. No report in our sample is not the same as no research being written — it means our collection did not pick one up between 2026-06-29 and 2026-10-26.
- Coreaelectronics & development.inc 027440
- Eco&Dream Co., Ltd. 101360
- ECOPRO BM CO.,LTD. 247540
- ECOPRO MATERIALS CO., LTD. 450080
- Energy Material Technology Co., Ltd. 232530
- FINO INC. 033790
- HANKOOK ATLASBX CO.,LTD. 023890
- Megatouch Co., Ltd 446540
- NEXCON TECHNOLOGY Co., LTD 038990
- ROCKET ELECTRIC CO.,LTD 000420
- SK ie technology Co., Ltd. 361610
- SUNGWOO CO., LTD 458650
- Talos Co., Ltd. 434190
- TOP MATERIAL Co., Ltd 360070
- VINA TECH CO.,LTD 126340
- VK CORPORATION 048760
- W-SCOPE CHUNGJU PLANT Co., Ltd. 393890
Target prices in other Korean sectors
Same method on every page: a filed industry code, named exceptions with reasons, and what the rule misses.