Hanwha Engine stock in focus after analyst target cut
Published on 11/04/2026 at 01:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst trims target as growth shifts
- SK Securities lowered its Hanwha Engine target price while retaining a Buy rating.
- The analyst expects near-term earnings pressure from additional costs before stronger engine growth from 2027.
- Container-ship deliveries and land-based power-generation engines are central to the longer-term outlook.
SK Securities lowered its target price for Hanwha Engine to 75,000 Korean won from 90,000 won on October 15 while maintaining a Buy rating, according to Asiae. The brokerage said third-quarter earnings were likely to fall short of market expectations despite projected year-on-year growth in revenue and operating profit.
Near-term costs weigh on outlook
The analysis cited recurring quarterly costs linked to SEAM purchase-price-allocation amortization and research and development for energy-storage systems. SK Securities also expects fourth-quarter engine deliveries to decline, although a higher share of container-ship deliveries could lift the average selling price.
The brokerage expects growth to accelerate from 2027 as Hanwha Engine expands low-speed two-stroke capacity and brings medium-speed four-stroke engines toward full capacity. It also sees a longer-term opportunity in power-generation engines for North American artificial-intelligence data centers through Hanwha Group companies.
Tuesday trading in South Korea
Hanwha Engine stock traded at 30,950 Korean won in South Korea at 3:30 p.m. Korea Standard Time on Tuesday, November 3, 2026. Investors can follow the real-time quote of Hanwha Engine stock.
The analyst's view points to a transition period: current earnings face cost and delivery pressures, while capacity expansion and power-generation demand could support the medium-term investment case. The target-price reduction therefore leaves the near-term earnings path as the key issue for investors.
South Korean equities can be followed through current KOSPI market coverage.
More news and analyses on Hanwha Engine stock.
Hanwha Engine market facts
- Company: Hanwha Engine Co., Ltd.
- ISIN: KR7082740002
- Ticker: 082740.KS
- Market: South Korea
- Last traded price: 30,950 KRW on November 3, 2026, at 3:30 p.m. Korea Standard Time
- Previous close: 32,100 KRW
- 52-week range: 28,700 to 94,400 KRW
- Market capitalization: 2,582,020,308,250 KRW
