Corporate Logo(source: yg-family.com)
KB Securities raised its target price for YG Entertainment (122870) to 110,000 won from 87,000 won on June 27, citing expectations of strong second-half performances by key artists, including the return of BLACKPINK as a full group. The brokerage maintained its "Buy" rating while also revising its annual earnings estimates upward.
Analyst Sunhwa Lee stated in a report, “With BLACKPINK’s world tour as a complete group set to begin on July 5, anticipation is growing for the release of a new album, especially as new songs are expected to be unveiled during the tour.”
Lee added, “Major artists such as BABYMONSTER and TREASURE are also scheduled to remain active throughout the second half, supporting a potential earnings turnaround.”
She noted that BABYMONSTER, which has gained global recognition through its world tour, is expected to significantly enhance profitability through expanded activities. TREASURE has embarked on an Asia tour, while WINNER and AKMU are also scheduled to hold a Japan tour and a solo concert, respectively—factors deemed positive for YG Entertainment.
In addition, YG has been gradually unveiling its trainee lineup, fueling expectations for an expansion in its new artist pipeline. The company plans to debut a new boy group in 2026 and a girl group in 2027.
Reflecting these developments, KB Securities raised its 2024 operating profit forecast from 59 billion won to 67 billion won, an increase of 13.2%, and adjusted its 2025 estimate upward from 81 billion won to 88 billion won, an 8.6% rise.
For the second quarter, YG is expected to post an operating profit of 2.5 billion won, turning a profit from the same period last year and aligning closely with the market consensus of 3 billion won.
*[KOSDAQ] YG Entertainment(122870) is a global entertainment company housing popular artists such as Blackpink, iKON, AKMU, and Treasure. The market capitalization is 1.71 trillion won (as of June 26, 2025. closing price).
KB Securities raised its target price for YG Entertainment (122870) to 110,000 won from 87,000 won on June 27, citing expectations of strong second-half performances by key artists, including the return of BLACKPINK as a full group. The brokerage maintained its "Buy" rating while also revising its annual earnings estimates upward.
Analyst Sunhwa Lee stated in a report, “With BLACKPINK’s world tour as a complete group set to begin on July 5, anticipation is growing for the release of a new album, especially as new songs are expected to be unveiled during the tour.”
Lee added, “Major artists such as BABYMONSTER and TREASURE are also scheduled to remain active throughout the second half, supporting a potential earnings turnaround.”
She noted that BABYMONSTER, which has gained global recognition through its world tour, is expected to significantly enhance profitability through expanded activities. TREASURE has embarked on an Asia tour, while WINNER and AKMU are also scheduled to hold a Japan tour and a solo concert, respectively—factors deemed positive for YG Entertainment.
In addition, YG has been gradually unveiling its trainee lineup, fueling expectations for an expansion in its new artist pipeline. The company plans to debut a new boy group in 2026 and a girl group in 2027.
Reflecting these developments, KB Securities raised its 2024 operating profit forecast from 59 billion won to 67 billion won, an increase of 13.2%, and adjusted its 2025 estimate upward from 81 billion won to 88 billion won, an 8.6% rise.
For the second quarter, YG is expected to post an operating profit of 2.5 billion won, turning a profit from the same period last year and aligning closely with the market consensus of 3 billion won.
*[KOSDAQ] YG Entertainment(122870) is a global entertainment company housing popular artists such as Blackpink, iKON, AKMU, and Treasure. The market capitalization is 1.71 trillion won (as of June 26, 2025. closing price).