A377300: Cross-Border Payment Expansion Will Face Margin Pressures Yet Offer Stability

Analysts have slightly lowered their price target for Kakao Pay from ₩50,825 to ₩49,991.67, citing revised forecasts for profit margins and updated revenue growth expectations. What's in the News Kakao Pay launches NFC (Near-Field Communication) payment for overseas transactions, enabled by its partnership with Alipay+ and Mastercard (Key Developments) Kakao Pay users can now make contactless "tap-to-pay" transactions at over 150 million Mastercard locations worldwide, including in Japan, Southeast Asia, the U.S., Europe, and Oceania (Key Developments) The new NFC payment option complements Kakao Pay's existing QR code and barcode-based cross-border payment services and enhances the global travel and shopping experience for its users (Key Developments) NFC payments are already available in the latest version of the Kakao Pay app.

Kakao Pay's slight upward revision in the consensus price target appears driven by a modest increase in its future P/E ratio while revenue growth forecasts remain stable, resulting in a new fair value of ₩50,825. What's in the News Kakao Pay, supported by Alipay+ and Mastercard, has launched NFC (tap-to-pay) payment for overseas transactions.

The consensus price target for Kakao Pay has been revised upward to ₩49,264, primarily reflecting a higher future P/E multiple, while profitability metrics remain stable. What's in the News Kakao Pay hosted an Analyst/Investor Day.

Kakao Pay's analyst price target has been raised, primarily reflecting a notable improvement in net profit margin despite lower revenue growth forecasts, resulting in a new consensus fair value of ₩43,373. What's in the News Hosted an Analyst/Investor Day event.