[Feature Stock] BIGBANG World Tour Anticipation... YG Entertainment on the Rise

The share price of YG Entertainment is on the rise after the company officially announced the BIGBANG 20th Anniversary World Tour.

As of 10:00 a.m. on March 4, YG Entertainment was trading at 70,600 won, up 2,900 won (4.28%) from the previous trading day.

On this day, Yang Hyun-suk, Executive Producer of YG Entertainment, unveiled this year's roadmap and stated, "We have agreed with the BIGBANG members to hold a concert." He added, "Since we have worked together with the members for a long time, there should be no difficulties in preparing for the concert," emphasizing, "All staff will do their best to create a perfect and outstanding performance."

Subsequently, IBK Investment & Securities released a report, maintaining its 'Buy' rating on YG Entertainment and its target price of 100,000 won.

Yu Hyuk Kim, a researcher at IBK Investment & Securities, commented, "Although specific dates and details have not been disclosed, it is expected that after attending the Coachella Festival next month, the tour will be held in North America, Europe, Southeast Asia, Japan, and other regions, with an estimated audience of about 1 million people over approximately 20 shows."

He added, "BABYMONSTER (also known as BEMON) has announced a mini album release in May, a second world tour in June, and a full album in October. This tour is expected to expand beyond North America to South America, Europe, and Oceania." He also mentioned, "TREASURE is expected to release a mini album in June following the completion of their ongoing tour, conduct unit activities in the second half of the year, and launch their next tour next year."

He further explained, "This year, the operating profit of YG Entertainment is projected to reach 9.37 billion won, up 31.3% year-on-year." "Reflecting the assumption of the BIGBANG World Tour, we have revised our previous estimate upward by 11.1%," he added.

This content was produced with the assistance of AI translation services.