Netmarble넷마블
251270 · KOSPI · ₩251270 · 넷마블
Analyst target price
Average target
₩48,500
Upside
+44.6%
Range ₩46,000 – ₩51,000 · 2 brokers (latest target within 6 months)
Buy 2
Consensus target vs price, 2 years
Earnings estimates
Brokers' earnings estimates and how they've been revised, with Pro.
Unlock with ProBroker reports
| Date | Broker | Report | Rating | Target | Change | Upside | Since publish | Read |
|---|---|---|---|---|---|---|---|---|
| Oct 22 | Mirae Asset Securities | [Gaming] Netmarble (251270/Buy): Extended Period Without Momentum | Buy | ₩46,000 | New | +37.1% | −2.6% | Read ↗ |
| Oct 19 | Kyobo Securities | A New Title Is Needed to Offset Downgrades to Existing Titles | Buy | ₩51,000 | Maintained | +52.0% | −3.9% | Read ↗ |
| Oct 19 | Kyobo Securities | A New Title Is Needed to Offset Downgrades to Existing Titles | Buy | ₩51,000 | Maintained | +52.0% | −3.9% | Read ↗ |
All 8 broker reports on Netmarble, not just the latest 3, with Pro.
Unlock with ProCalculated by JONBUR from publicly available broker reports. Reports belong to their publishers. Not financial advice. Includes brokers that publish research publicly; some brokers' reports are client-only and not included.
Reported in the news
| Date | Broker | Target | Change | Rating | Source |
|---|---|---|---|---|---|
| Oct 22 | — | −8% | Cut | — | Reported by The Financial News |
| Oct 18 | Kyobo Securities | −16% | Cut | — | Reported by Yonhap News Agency |
| Oct 13 | — | — | Cut | — | Reported by Asia Economy |
Target prices and ratings as news headlines report them, for every broker, including the ones whose reports we don't collect. Only what the headline says; open the article for the rest. Not financial advice.
AI summary of public information
An AI summary of the public information on this company: filed financial statements, filings, prices and news headlines. It doesn't use broker reports; their targets and estimates are shown above.
Netmarble's trailing profits have recovered sharply from losses in 2022 and 2023, but the shares are down 39% over the past year and analysts have been cutting targets.
Netmarble is a South Korean mobile game developer and publisher. On trailing figures to H1 2026 it reports revenue of about ₩2.89T, operating income of about ₩335B and net income of about ₩396B, with a balance sheet showing ₩810B in cash against ₩652B in borrowings. The share price of ₩34,450 sits near its 52-week low of ₩32,950, well below its high of ₩58,900.
What stands out
- Revenue has grown modestly each year since 2022, with 2025 revenue of about ₩2.84T, up 6.4%.
- Operating margin improved from a loss in 2023 to 12.4% in 2025, and trailing operating margin is 11.6%.
- Trailing net income of about ₩396B is higher than operating income, which the filings data does not explain.
- The stock trades at about 7.2 times trailing earnings and 0.5 times book value, with a 2.5% dividend yield.
- Foreign ownership fell from 27.4% to 14.5% over about 60 days, while foreign investors were net buyers over the last 20 days.
What to watch
- Release dates and performance of new game titles, which the recent news says are needed to confirm earnings expectations.
- Further broker target price revisions, given recent cuts of 8% to 16% reported in October 2026.
- Ongoing 5%+ holding and largest-shareholder change filings, plus insider and executive trading plan reports.
Data as of Oct 22, 2026 · written 6d ago
This is not financial advice.
Also known as: Netmarble / 넷마블 / 251270 / KRX:251270
Source: KRX statistical information