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Daishin Securities Sets LG U+ Target Price at 20,000 KRW, Cites Strong Wireless and Data Center Growth

2026-07-13 00:02:05

KT-2.76%

SK Telecom-3.38%

According to Daishin Securities, on July 13, the brokerage maintained a buy rating on LG U+ with a target price of 20,000 Korean won. The analyst firm expects the company to deliver solid Q2 results with revenue of 3.9 trillion won, up 2% year-over-year, and operating profit of 330 billion won, up 8%. LG U+'s wireless service revenue is projected at 1.6 trillion won with ARPU (average revenue per user) of 358,000 won. The brokerage highlighted that wireless revenue growth has outpaced competitors over the past five years, with LG U+ achieving 3.0% annual growth compared to 2.8% for KT and a 0.1% decline for SK Telecom. The data center business is identified as a "dark horse," with projected 2026 revenue of 4.7 trillion won, up 12% year-over-year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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