LG Electronics Gains a Bull on Likely 3Q Earnings Beat -- Market Talk
Dow Jones2026/09/15 00:140014 GMT - LG Electronics could post a 3Q earnings beat, driven by its solid home appliance and television businesses, says SK Kim at Daiwa Capital. The analyst expects the company to see increased business opportunities related to artificial-intelligence data centers and robotics over the medium-to-long term. He estimates LG's 3Q operating profit at 1.003 trillion won, above the Bloomberg consensus estimate of 930 billion won. The company could secure more orders for AIDC cooling solutions in 2H and join global robotics supply chains in 2027, Kim says. LG's revenue from chillers could more than double in 2027, he adds. Daiwa upgrades its rating on the stock to buy from outperform and raises its target price by 64% to 250,000 won. Shares are 1.4% higher at 201,000 won. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
September 14, 2026 20:14 ET (00:14 GMT)
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