Daishin Securities “YG Still Undervalued, Target Price Increased by 23%”
[뉴스1=문혜원 기자] Daishin Securities (003540) has maintained its ‘buy’ rating on YG Entertainment (122870) today, stating that the company is “still undervalued.” They have increased their target price from 65,000 won to 80,000 won, marking a 23% rise.
Daishin Securities researcher Soo-jin Lim commented, “The disclosed BLACKPINK world tour schedule has significantly exceeded expectations,” suggesting that any further announcements regarding the BLACKPINK world tour could potentially act as a strong momentum for the stock price. “The visibility of the world tour, which was previously reported to potentially gather 2.4 million attendees, has increased as each event is drawing over 55,000 attendees,” she added, and this has been reflected in the revised estimates for the fiscal years 2025 and 2026.
Daishin Securities also noted that BABYMONSTER and TREASURE are continuing their robust growth trajectory. Researcher Lim explained, “BABYMONSTER’s profitability is rapidly expanding. In 2025, their world tour is expected to be unprecedented for a rookie group, drawing a maximum venue capacity of 430,000 attendees, and it continues to be sold out.”
She further added, “Contrary to concerns, TREASURE’s initial album sales volume reached 720,000 units, growing by 10.7% compared to their previous release.”
2025. 3. 24.
