LG Energy Solution reported Q3 revenue and profit as stock edges lower

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LG Energy Solution stock edges lower today

Highlights

LG Energy Solution reported third-quarter revenue of KRW 9.6 trillion and operating profit of KRW 756 billion, including a KRW 416.9 billion North American incentive.
Third-quarter revenue rose 27.6% from the prior quarter as energy storage and electric vehicle markets expanded.
Shares of LG Energy Solution edge lower on the day, trading at ₩356,000.

LG Energy Solution reported KRW 9.6 trillion in revenue and KRW 756 billion in operating profit for the third quarter of 2026. According to Securities.io, revenue increased 27.6% compared to the prior quarter. In addition, Itbiznews noted that the quarter's revenue included a KRW 416.9 billion production incentive from North America.

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Bearish momentum holds as shares stay under major moving averages

LG Energy Solution stock opened the session with a gap down from the previous close at ₩359,500 to ₩355,000, and has partially recovered since that move. The broader daily structure remains bearish with shares holding below the MA-20, MA-50, and MA-200. However, Stoch RSI is in oversold territory, which limits further downside potential from here. The nearest support to watch sits at the weekly low of ₩346,500.

Downside risk dominates as traders eye support at the weekly low

Traders should watch whether shares can reclaim stronger ground or break below support to gauge if the latest revenue update is being accepted by the market. The price opened sharply lower at ₩355,000 from the previous close of ₩359,500 and has since retraced a portion of that drop. Over the coming trading week, there is a 24% probability of upside versus a 76% chance of renewed downside, with an expected trading range between ₩334,533 and ₩377,466. Still, this follows a sharp move lower in the past week without a sustained trend. A close above ₩372,460 would indicate buyers are willing to follow through, while a drop below ₩346,500 would suggest the move is being rejected. On the weekly chart, the longer-term picture stays firmly negative.

Earlier, analysts noted that constrained supply and structural demand for related electrification materials such as copper could continue to support growth in sectors tied to electric vehicle and energy storage markets. The latest performance from LG Energy Solution adds evidence to this theme and highlights the importance of monitoring whether shares can break out of a consolidating range, with attention centered on potential responses to support or resistance levels in the coming sessions.

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