LG Display Poised to Report Weak 2Q Results on Sluggish Demand -- Market Talk

Dow Jones
2025/05/22

0126 GMT - LG Display is set to report weak 2Q results on decreased shipments after clients' preemptive 1Q restocking in response to higher tariffs, Hyundai Motor Securities analyst J.B. Kim writes in a note. The South Korean maker of organic light-emitting diode panels is also likely to suffer from weak seasonal demand in 2Q ahead of clients' releases of new models, Kim says. Still, he forecasts the company to post an annual profit turnaround on solid 2H earnings. He expects LG's shipments of plastic-OLED and white-OLED products to rise 7% and 8%, respectively this year. Hyundai Motor Securities trims the stock's target price to KRW12,000 from KRW12,500 but keeps a buy rating. Shares are 0.2% lower at KRW8,280. (kwanwoo.jun@wsj.com)

 

(END) Dow Jones Newswires

May 21, 2025 21:26 ET (01:26 GMT)

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