[Featured Stock] JYP Rises on Expectations for Strong Performance in First Half of Next Year

JYP Entertainment is showing an upward trend on the 27th. On this day, a securities firm stated that "both earnings and sentiment are improving," and the analysis that next year's first-half earnings will benefit from a base effect is interpreted as stimulating investor sentiment.

At 9:12 AM, JYP was trading at 71,500 KRW, up 2.44% (1,700 KRW) from the previous day.

On this day, Korea Investment & Securities raised the target price for JYP to 81,000 KRW, citing improvements in both earnings and sentiment.

Researcher Do-young An of Korea Investment & Securities analyzed, "Next year, the high-experience lineup including Stray Kids, TWICE, and DAY6 will continue to grow, while the growth of the low-experience lineup will also be highlighted. Kickflip, debuting on January 1 next year, will go through a growth phase along with Nex7, and a Chinese boy group is also scheduled to debut next year."

The possibility of resuming activities in China is also positive, as China has allowed visa-free entry. Researcher An evaluated, "With a friendly atmosphere developing between China and Korea, sentiment in the entertainment sector has improved. If performances are permitted, rapid progress and audience gathering will be possible."