Hyundai raised target for NCSoft stock from KRW 350,000 to KRW 380,000

Published on 10/14/2026 at 00:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached KRW 770.5 billion, up 101.50 percent year over year. For NCSoft stock, this means operating profit was KRW 173.9 billion.

Operational update and dates

On October 3, 2026, Hyundai Motor Securities lifted its NCSoft target from KRW 350,000 to KRW 380,000.
The second quarter produced KRW 770.5 billion in revenue, up 101.50 percent year over year.
Aion 2 changes take effect on October 14, 2026, while the next report deadline is November 16, 2026.

NCSoft, KR7036570000, Illustration mit AI erstellt.

NCSoft (KR7036570000) became the subject of a higher target after Hyundai Motor Securities raised its target from KRW 350,000 to KRW 380,000, as The Korea Herald reported on October 3, 2026. The move followed strong early global activity for Aion 2 and puts execution after launch at the center of the investment case.

Three dated operating signals

On June 30, 2026, NCSoft reported second-quarter revenue of KRW 770.5 billion, up 101.50 percent from the same period a year earlier. ATS View listed operating profit at KRW 173.9 billion and the operating margin at 22.60 percent.

The result marked a sharp improvement from the second quarter of 2025, when revenue was KRW 382.4 billion and operating profit was KRW 15.1 billion, according to ATS View. For investors, the comparison matters because the latest earnings recovery is already visible in reported operating figures.

On October 3, 2026, Hyundai Motor Securities lifted its target from KRW 350,000 to KRW 380,000, citing Aion 2 and upcoming releases, as The Korea Herald reported. The target change gives the game pipeline a direct valuation role, rather than treating Aion 2 as a short-term sales event.

What does the Aion 2 update change?

In a livestream dated October 13, 2026, NCSoft outlined combat changes for Aion 2, including a planned 30 percent reduction in player-versus-player damage, according to Inven Global. The company also said a class-change ticket would not be released for now.

A player poll put opposition to that ticket at 52.40 percent, against 47.50 percent in favor, according to Inven Global. The figures show why product changes are being used to reduce barriers for new players while preserving the role of established users.

Next dates for NCSoft

The Aion 2 changes described by Inven Global are scheduled to begin on October 14, 2026. The next quarterly report covering the July to September period has a filing deadline of November 16, 2026, according to ATS View.

The reporting sequence leaves two measurable tests for NCSoft: whether Aion 2 updates improve retention after the global launch and whether second-quarter operating profit can be sustained into the July to September period.