BLACKPINK's World Tour Exceeds Expectations, Boosts YG Entertainment's Stock Price

Daishin Securities announced on the 24th that BLACKPINK's world tour schedule has significantly exceeded expectations, prompting a 23% increase in YG Entertainment's target stock price from 65,000 won to 80,000 won. The tour, set to begin in July at Goyang Stadium and run through January next year, includes 17 shows with a total audience capacity of 1.04 million.

Researcher Lim Soo-jin highlighted that the average audience per show exceeds 55,000, far surpassing initial estimates. She noted that the tour could serve as a strong momentum for stock price increases, especially with potential additional tour dates. Lim also pointed out that BLACKPINK's tour alone is expected to significantly surpass the current market expectations for operating profits this year and next, with Baby Monster and TREASURE also showing promising growth trends.

Furthermore, Baby Monster's world tour, attracting a total audience of 430,000, is seeing sold-out shows, indicating strong demand. TREASURE's album sales have also grown by 10.7% compared to their previous work, signaling positive momentum. Lim concluded that YG Entertainment's stock remains undervalued, with expectations of a significant improvement in performance in the first half of the year as newer artists transition from investment to profitability phases.