[Featured Stock] JYP Entertainment Rises on Expectations for This Year's Performance

JYP Entertainment is on the rise on the 14th. This is interpreted as being due to securities firms' analysis expecting an increase in this year's performance.

At 9:12 AM, JYP Entertainment is trading at 73,000 KRW, up 3.11% from the previous day.

The day before, Mirae Asset Securities raised the target price for JYP Entertainment by 12.5%, from 80,000 KRW to 90,000 KRW, citing expected performance growth in 2025.

Researcher Kim Gyu-yeon of Mirae Asset Securities explained, "We forecast 2025 sales to increase by 26% year-on-year to 728.4 billion KRW, and operating profit to rise by 30% to 161.4 billion KRW," adding, "We are raising the target price accordingly."

Hanwha Investment & Securities also raised JYP Entertainment's target price from 65,000 KRW to 85,000 KRW, an increase of 30.8%.