PKX

Over the past six months, POSCO Holdings' stock price fluctuated within a 52-week range of $44.99 to $92.40. For Q1 2026, the company reported an actual EPS of $1.054 USD and operating income above consensus. H1 2026 results showed revenue of KRW 37.1 trillion, a KRW 4,000 dividend, and a consolidated operating profit of KRW 1.53 trillion. Q2 2026 earnings reported an actual EPS of $1.507 USD, consolidated revenue of KRW 19.3 trillion, and operating profit of KRW 820 billion, with gains across steel, rechargeable battery materials, and energy sectors; notably, the Argentina lithium business achieved its first-ever quarterly profit, and the overall rechargeable battery materials sector transitioned to a surplus for the first time in nine quarters. Strategic investments included finalizing a US$765 million deal for a stake in MinRes' Lithium Mines in May 2026, securing a $700 million credit facility from IDB Invest for its Sal de Oro project in Argentina, planning to invest KRW 480 billion in a new automotive steel line by September 2026, and Posco Future M winning a KRW 1.074 trillion LFP cathode material supply contract in September 2026. In July 2026, Seeking Alpha rated POSCO Holdings a 'Buy' based on management's aim to close the stock's NAV discount by FY2028. However, in September 2026, shares declined due to weak profitability metrics, with H1 2026 operating margin falling to 2.7% and operating profit per employee dropping 44%, though the stock later rallied, indicating diverging investor sentiment. Despite a 4.7% fall on September 23, 2026, and GuruFocus indicating slight overvaluation, Zacks upgraded PKX to a Rank #1 (Strong Buy) with a Value Score of A, citing sharply raised EPS estimates for 2026.