[Featured Stock] HL Mando Falls 5% on Lower Target Orders

HL Mando's target order amount has been reduced, sending its share price down by more than 5%.

As of 10:07 a.m. on February 6, 2026, HL Mando shares were trading at 57,900 won, down 5.85% (3,600 won) from the previous trading day.

On the same day, Daol Investment & Securities downgraded its investment rating from Buy to Neutral and lowered its target price from 73,000 won to 68,000 won. Yoo Jiwoong, an analyst at Daol Investment & Securities, said, "In the fourth quarter of last year, revenue came in at 2.46 trillion won and operating profit at 79.7 billion won, with operating profit falling short of the market consensus by about 20 billion won," adding, "This was due to the reflection of roughly 42 billion won in customer quality costs, and, unlike the trend up to the third quarter of last year, top-line growth has slowed."

Yoo noted, "The company has presented new order targets of 166 trillion won for 2023, 176 trillion won for 2024, 11.9 trillion won for last year, and 13 trillion won for this year, and considering that orders are reflected in revenue two years later, the timing at which we can hold high expectations for revenue is being pushed back."

He went on to say, "By region, revenue growth was 11.4% in North America, 9.1% in other regions, 0.8% in China, and -8.4% in Korea," and added, "In North America, volumes declined due to tariff-related responses by General Motors (GM), Hyundai Motor, and others, which appears to have affected the utilization rate of HL Mando's Mexican subsidiary, while in Korea, performance was disappointing despite the fact that export volumes in the automotive industry had been on a recovery trend since November last year."