Doosan Sees Earnings Improvement From AI Demand

On Jan. 26, iM Securities said it expects Doosan's earnings improvement to continue as rising artificial intelligence demand accelerates sales, maintaining a buy rating and raising its target price to 1.2 million won. The broker forecasted Q4 sales of 585.3 billion won and operating profit of 142.5 billion won, and projected 2026 in-house sales of 2.4986 trillion won, citing North American AI orders and Commercial Act changes.
Key Points
- 1Projects AI-driven sales growth: Q4 sales 585.3B won, operating profit 142.5B won
- 2Notes ongoing North American AI orders and demand for accelerators and 800G products
- 3Suggests Commercial Act governance changes could narrow holding-company discount, prompting valuation re-rating
Scoring Rationale
Brokerage-backed financial forecasts and concrete AI demand metrics; limited novelty and reliance on a single analyst source.
Sources
Public references used for this report.
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