The stock price of Korea Aerospace is on the rise. Expectations that the sales growth rate will sharply increase from 2025 appear to be influencing the stock price.
As of 11:38 AM on the 2nd, Korea Aerospace is trading at 54,200 KRW, up 4.63% compared to the previous trading day.
Jung Dong-ho, a researcher at Mirae Asset Securities, stated, "Contrary to concerns about poor performance in the first half of the year, the company started with favorable results," adding, "The optimal time to buy is around the time when orders for the Middle East Surion and momentum from the Space Aviation Agency are confirmed by next month, and when the color of the second quarter earnings is confirmed."
Researcher Jung also evaluated, "This year is a transitional period for earnings growth, but there are still many orders and events," and noted, "It is worth paying attention to the fact that the company is seeking growth through mergers and acquisitions." He added, "From 2025, the sales growth rate is expected to increase by 25% annually, making mid- to long-term investment strategies valid as well."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
