[Market Highlight] HD Hyundai Electric Surges on Hopes for European Market Expansion...Hits All-Time High

HD Hyundai Electric continued its upward trend for a second consecutive day, reaching an all-time intraday high.

As of 9:37 a.m. on September 10, 2025, at the Korea Exchange, HD Hyundai Electric was trading at 545,000 won, up 29,000 won (5.62%) from the previous day. During the session, the price climbed to 550,000 won, marking a new record high.

Expectations for expansion in the European market appear to be driving the stock's rise. On this day, Korea Investment & Securities assessed that HD Hyundai Electric is likely to benefit as its entry into the European market accelerates, and raised its target price by 14.5% from the previous level to 630,000 won. Jang Namhyun, a researcher at Korea Investment & Securities, stated, "With the upward revision of operating margin estimates, our 2026 operating profit estimate has increased by 14.7% compared to the previous forecast, and we have reflected this in our revised target price." He added, "As profit improvement led by the proportion of U.S. sales continues, operating profit in 2025 and 2026 is expected to increase by 40.1% and 29.8%, respectively, compared to the previous year." He further noted, "Since the pace of entry into the European market is accelerating, additional benefits are expected amid the phase of deepening excess demand for transformers in the European market."