Hyundai Glovis operates LNG carrier: target for Hyundai Glovis stock stays KRW 320,000

Published on 10/14/2026 at 02:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Glovis Legend carries up to 10,800 vehicles after its October 12 delivery. Hyundai Glovis stock has a KRW 320,000 target. Q2 revenue rose 15.80 percent.

Carrier expansion and earnings targets

Hyundai Glovis began operating Glovis Legend after its October 12, 2026 delivery.
Second-quarter revenue rose 15.80 percent year over year to KRW 8.71 trillion.
Sangsangin Investment and Securities maintained a KRW 320,000 target on October 8, 2026.
The next filing deadline is November 16, 2026.

Hyundai Glovis, KR7086280005, Illustration mit AI erstellt.

Hyundai Glovis operates the new Glovis Legend carrier after its October 12, 2026 delivery, while a KRW 320,000 analyst target keeps earnings and fleet expansion in view. LNG Prime reported that the vessel can carry up to 10,800 vehicles and will be operated by Hyundai Glovis.

Three dates shape expansion

On September 30, 2026, Hyundai Glovis and Liberty Global Logistics signed an agreement to examine a Korea to United States route for a small modular reactor powered car carrier, according to The Korea Herald.

On October 8, 2026, Sangsangin Investment and Securities maintained its Buy rating and KRW 320,000 target, as Edaily reported. The firm estimated third-quarter revenue of KRW 8.2488 trillion, up 12.20 percent year over year, and operating profit of KRW 536.8 billion, up 2.40 percent.

On October 12, 2026, Glovis Legend was delivered in Guangzhou, China, nearly nine months ahead of its contract delivery date, according to LNG Prime. The delivery gives Hyundai Glovis another large dual-fuel vessel for automotive shipping.

What does the new ship add?

Glovis Legend measures 230 meters in length, has 14 garage decks and reaches a design speed of 19 knots, according to China Daily. Its LNG dual-fuel system supports vehicle transport while meeting IMO Tier III emission standards.

The operating backdrop is visible in the latest reported quarter. Hyundai Glovis generated KRW 8.71 trillion of revenue in the second quarter of 2026, a 15.80 percent year-over-year increase, while operating profit reached KRW 495.1 billion and net income was KRW 369.2 billion, according to ATS View.

Next reporting date approaches

ATS View lists November 16, 2026 as the filing deadline for the report covering the September 2026 period. That date gives investors a defined checkpoint for comparing the KRW 536.8 billion third-quarter operating-profit estimate with the reported result.

On October 13, 2026 at 3:30 p.m. KST, the latest KRX quote for Hyundai Glovis stood at KRW 180,600. The company also had a KRW 13.5 trillion market capitalization and a KRW 156,100 to KRW 296,000 52-week range on that date. The business spans integrated logistics, shipping, completely knocked down distribution, used-car services and new growth activities.