Hanwha Ocean, First Place In Target Stock Price Growth Rate This Year… 'Double Jump' Due To U.S. Cooperation And Strong Performance

Since the beginning of this year, it has been shown that Hanwha Ocean's target stock price has been adjusted upward the most among domestic listed companies. The recovery of the Shipbuilding industry and the expectation of strengthening cooperation with the United States, coupled with excellent performance, are raising investors' expectations.

According to FnGuide, as of the end of last month, out of 271 listed companies for which three or more domestic securities companies presented target stock prices, 123 had an increase in their average target stock price, and Hanwha Ocean was undoubtedly ranked first in terms of increase rate. The average target stock price, which was 39,333 won at the end of last year, has recently jumped to 79,813 won, a remarkable increase of 102.92%. On the same day, the closing price recorded 78,900 won, approaching the target.

Performance also exceeded expectations. Operating profit for the first quarter was 258.6 billion won, far surpassing the market forecast of 186.3 billion won. In particular, as the expectation of improved profitability in the commercial ship sector and increased sales in the marine plant and defense sectors are reflected, securities firms are continuously raising their target stock prices. NH Investment & Securities analyst Jeong Yeon-seung offered a target stock price of 110,000 won for Hanwha Ocean, analyzing that "with the expansion of capital investment, performance estimates for 2025~2027 have been significantly raised."

Recently, while Korea Development Bank sold 13 million shares (12.3%) of Hanwha Ocean they held using a block deal method, there was a short-term price adjustment, but strong buying from foreigners has made the stock price outlook even brighter. In fact, in after-hours trading on the day of the sale, foreigners bought Hanwha Ocean stocks worth 551.4 billion won, reflecting market expectations.

Meanwhile, other shipbuilding stocks are also showing positive trends. The target stock price of HD Hyundai Heavy Industries rose 90.37%, ranking second highest, and Hanwha Engine also rose 58.61%, ranking high. With an enhanced positive outlook on the shipbuilding industry as a whole, Hanwha Ocean is at the center of it.