 |
[Alpha Biz=(Chicago) Reporter Kim Jisun] Analysts say Naver still has more than 40 percent of its stock price upside.
It is analyzed that profits are expected to increase by controlling marketing, infrastructure, and labor costs, and that it can absorb demand for new businesses such as Korea's generative artificial intelligence (AI).
On June 6, Sangsangin Securities maintained its investment opinion 'buy' with a target stock price of 300,000 won for Naver. DB Financial Investment also offered a target price of 293,000 won and expressed its 'buy' opinion. Naver closed at 208,000 won, down 6.09 percentage points from the previous day.
First of all, it analyzed that Naver's performance in the fourth quarter of last year was in line with market expectations.
In particular, it was analyzed that cost efficiency in new businesses exceeds market expectations.
This year's estimated PER (share price return) is 26 times lower than historically.
DB Financial Investment expects Naver's annual sales to rise 11.2% year-on-year to 10.7498 trillion won and operating profit to 1.6668 trillion won, up 12%.
AlphaBIZ 김지선(stockmk2020@alphabiz.co.kr)
