Nomura: LG Chem's cathode product shipments may drop significantly in 2026

格隆汇2026/04/14 02:20

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Glonghui, April 14 — According to analysts at Nomura Securities, due to weak demand for electric vehicle batteries, LG Chem’s cathode product shipments may decline significantly in 2026, affecting its profitability. Analysts currently expect the Korean chemical company to post a net loss of 230 billion KRW this year, whereas they previously forecast a net profit of 648 billion KRW. They anticipate that LG Chem’s 2026 cathode product shipments will be less than half the 2024 level. Nomura values the advanced materials business division, which includes its cathode business, at 5.4 trillion KRW, down from the previous estimate of 6.5 trillion KRW. Nomura also lowered its valuation of LG’s battery business to 46.9 trillion KRW from the prior estimate of 48.3 trillion KRW.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Amgen's stock posted its biggest single-day decline since 2016 on Tuesday, after Novartis announced that a heart disease therapy jointly developed with Ionis Pharmaceuticals suffered a setback in late-stage clinical trials. Meanwhile, BMO downgraded the pharmaceutical giant's rating from "Outperform" to "Market Perform," citing the failure of its candidate drug pelacarsen to meet expectations in its phase III clinical trial.

智通财经•2026/09/09 08:11

Novartis (NVS.US) cardiovascular therapy trial "misfire" drags down Amgen (AMGN.US): stock price plunges to a ten-year low, BMO swiftly downgrades rating

NASA contractor Rothe Development rushes to Nasdaq, plans to raise $50 millions

Rothe Development, a contractor that provides engineering and mission operations services to NASA and other federal agencies, filed on Tuesday with the SEC to raise up to $50 million through an initial public offering (IPO).

智通财经•2026/09/09 08:11