The 15-minute chart for Scage has recently triggered an RSI Oversold reading, accompanied by a Bullish Marubozu candlestick pattern on September 19, 2025, at 13:15. This indicates that the stock price has declined rapidly and is now trading below its fundamental support level, suggesting that buyers have taken control of the market and are likely to propel the price upwards with continued bullish momentum.
LG Display, a leading manufacturer of display panels, has reported its third-quarter earnings for the year, which have exceeded market expectations. Kiwoom Securities, a prominent financial institution, has revised its target stock price for LG Display from 13,000 won to 16,000 won, citing strong third-quarter performance and positive market outlook.
LG Display's consolidated sales in the third quarter amounted to 6.789 trillion won, representing a 22% increase from the previous quarter. The company's operating profit also turned into a surplus of 485.5 billion won, surpassing the market expectation of 327 billion won. Analysts attribute this performance to the seasonal peak effects of plastic OLED and white OLED, as well as improved profitability due to high-value-added products and reduced depreciation costs.
The company's division, POLED, is expected to achieve the highest profitability ever in the second half of the year, driven by increased demand for the iPhone 17 series and the withdrawal of competitors' new watch businesses. The WOLED panel is also anticipated to maintain a stable surplus due to strong demand for TVs and gaming monitors, and the depreciation effect of Guangzhou's production line.
For the full year, LG Display's operating profit is expected to reach 809.1 billion won, exceeding market expectations of 714.6 billion won. This significant growth is attributed to LG Display's fundamentals centered on OLED, rather than external factors like the COVID-19 pandemic.
Kim So-won, a researcher at Kiwoom Securities, believes that LG Display's stock price will be re-evaluated due to the easing of risks from China. He also notes that North American customers' dependence on domestic panels will increase due to China's tariff risks, uncertainties caused by the U.S.-China conflict, and patent infringement lawsuits by Chinese competitors.
In conclusion, LG Display's third-quarter earnings have shown strong performance and positive market outlook, leading to a revised target stock price and expectations for continued growth. Investors and financial professionals should closely monitor LG Display's stock price and future earnings reports for potential investment opportunities.
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