[Market Focus] NCSoft Rises Over 4% on Expectations for "Aion 2"

NCSoft's stock price is on the rise amid expectations for the success of its new title, Aion 2.

As of 10:04 a.m. on September 15, NCSoft was trading at 229,500 won, up 9,500 won (4.32%) from the previous trading day.

On this day, NH Investment & Securities stated, "The release date for Aion 2 has been confirmed for November 19. Achieving daily sales of 2.5 billion won in the initial period is fully feasible," maintaining its buy rating and raising the target price from 280,000 won to 300,000 won.

Ahn Jae-min, a researcher at NH Investment & Securities, commented, "The graphics showcased in the released Aion 2 gameplay video once again proved to be among the best in current mobile games," adding, "The business model is also designed to be light, consisting of a membership pass, appearance customization items (such as costumes, weapon skins, pets, and wings) that do not affect stats, as well as package and consumable sales."

He further noted, "November, when the third quarter earnings announcement is scheduled, will be a key period for the stock price due to expectations surrounding the release of Aion 2," and added, "A full-fledged earnings rebound is expected to begin in the fourth quarter, when Aion 2's sales will be fully reflected."