Corporate Logo(source: compan.netmbarble.com)
Shares of Netmarble (251270) rallied more than 8% in intraday trading on June 10, driven by expectations that the company’s second-quarter earnings will exceed market forecasts.
As of 11:31 a.m., Netmarble was trading at 59,500 won, up 8.58% from the previous session. The stock had closed at 54,800 won on the previous trading day, down 1.97%.
The upward momentum appears to be fueled by optimism surrounding the company’s second-quarter performance as well as the broader rally in the Korean equity market.
On June 9, Mirae Asset Securities raised its target price for Netmarble from 65,000 won to 75,000 won, while maintaining a “Buy” rating. The firm cited Netmarble as "the most attractive game stock for the second half of the year," forecasting Q2 revenue of 694 billion won and operating profit of 83 billion won—both above consensus estimates.
Lim Hee-seok, an analyst at Mirae Asset, stated, “RF Online Next, released on March 12, continues to rank between 4th and 5th in revenue. Its full-quarter contribution is expected to generate daily average revenue of 700 million won, totaling approximately 63 billion won for the second quarter.” He added, “Seven Knights Re:Verse, launched on May 15, has consistently ranked first on both major app stores and is expected to deliver 59 billion won in Q2 revenue, with a daily average of 1.3 billion won.”
Lim also pointed out that Netmarble may benefit from potential regulatory pressure on Apple and Google to lower app store commissions, citing ongoing lawsuits and criticism. Moreover, the company’s growing portfolio of games based on proprietary IP is expected to reduce royalty expenses, further supporting its profitability.
*[KOSPI]Netmarble(251270) engages in mobile game development and publishing business, with major game titles including ‘MARVEL Contest of Champions’, ‘Jackpot World’, ‘Cash Frenzy’, ‘Lotsa Slots’, and ‘The Seven Deadly Sins: GRAND CROSS’. Market capitalization is 4.695 trillion won(as of June 9, 2025, closing price).
Corporate Logo(source: compan.netmbarble.com)
Shares of Netmarble (251270) rallied more than 8% in intraday trading on June 10, driven by expectations that the company’s second-quarter earnings will exceed market forecasts.
As of 11:31 a.m., Netmarble was trading at 59,500 won, up 8.58% from the previous session. The stock had closed at 54,800 won on the previous trading day, down 1.97%.
The upward momentum appears to be fueled by optimism surrounding the company’s second-quarter performance as well as the broader rally in the Korean equity market.
On June 9, Mirae Asset Securities raised its target price for Netmarble from 65,000 won to 75,000 won, while maintaining a “Buy” rating. The firm cited Netmarble as "the most attractive game stock for the second half of the year," forecasting Q2 revenue of 694 billion won and operating profit of 83 billion won—both above consensus estimates.
Lim Hee-seok, an analyst at Mirae Asset, stated, “RF Online Next, released on March 12, continues to rank between 4th and 5th in revenue. Its full-quarter contribution is expected to generate daily average revenue of 700 million won, totaling approximately 63 billion won for the second quarter.” He added, “Seven Knights Re:Verse, launched on May 15, has consistently ranked first on both major app stores and is expected to deliver 59 billion won in Q2 revenue, with a daily average of 1.3 billion won.”
Lim also pointed out that Netmarble may benefit from potential regulatory pressure on Apple and Google to lower app store commissions, citing ongoing lawsuits and criticism. Moreover, the company’s growing portfolio of games based on proprietary IP is expected to reduce royalty expenses, further supporting its profitability.
*[KOSPI]Netmarble(251270) engages in mobile game development and publishing business, with major game titles including ‘MARVEL Contest of Champions’, ‘Jackpot World’, ‘Cash Frenzy’, ‘Lotsa Slots’, and ‘The Seven Deadly Sins: GRAND CROSS’. Market capitalization is 4.695 trillion won(as of June 9, 2025, closing price).