Update shared on 26 Nov 2025
Fair value Increased 2.60%Analysts have raised their price target for NCSOFT from ₩245,769 to ₩252,160. This reflects increased revenue growth expectations, despite a revised earnings outlook and higher future price-to-earnings estimates.
What's in the News
- NCSOFT announced the global MMORPG Horizon Steel Frontiers at G-Star 2025. The game is developed in collaboration with Guerrilla, set in the Horizon universe, and features cross-platform play for mobile and PC (Key Developments).
- A debut trailer and a 10-minute developer commentary for Horizon Steel Frontiers are now available on the official brand website, providing insights into the game's world, mechanical creatures, and gameplay (Key Developments).
- NCSOFT revealed a lineup of five global titles, with executive producers introducing AION 2, CINDER CITY, Horizon Steel Frontiers, LIMIT ZERO BREAKERS, and TIME TAKERS at G-Star 2025 (Key Developments).
- AION 2, one of the most anticipated titles of 2025, will launch on November 19 in Korea and Taiwan, and globally in 2026, as a complete edition of the original AION (Key Developments).
- All NCSOFT G-Star booth demo stations feature NVIDIA GeForce RTX 5080 GPUs, ensuring high-performance gameplay experiences for visitors (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has increased from ₩245,769 to ₩252,160, indicating raised expectations for equity value.
- Discount Rate has declined slightly from 9.38% to 9.33%, suggesting a marginal reduction in perceived risk.
- Revenue Growth forecast has risen from 13.65% to 15.29%, reflecting analysts' higher growth expectations.
- Net Profit Margin estimate has decreased significantly from 22.55% to 12.49%, pointing to expectations of reduced future profitability.
- Future P/E ratio has nearly doubled from 10.63x to 21.63x, which indicates a higher valuation relative to projected earnings.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.