Samsung SDI recovered the 490,000-won level, recording an increase of more than 7% during the session. Within the securities industry, forecasts are emerging one after another that performance improvements will begin in earnest starting from the second quarter of this year.

As of mid-morning trading on the 29th, Samsung SDI is trading at 490,500 won, up 35,500 won (7.80%) from the previous trading day. With buying interest flowing in from the start of the session, the stock reclaimed the 490,000-won level, and trading volume is also increasing rapidly, drawing concentrated attention from investors.

Mirae Asset Securities published a report on this day titled "Expected Turnaround to Operating Profit in Q2 2026 After Seven Quarters." In the report, the firm presented an investment opinion of "BUY" and a target price of 100,000 won, analyzing that there is more than double the upside potential compared to the current stock price.

■ Key Drivers of Earnings Rebound

Mirae Asset Securities predicted that Samsung SDI will successfully turn to an operating profit in the second quarter of this year, marking the first time in seven quarters. The firm forecast that an earnings rebound will be possible as the profitability of the electric vehicle battery business gradually improves and the performance of the energy storage system (ESS) and electronic materials sectors also shows signs of recovery.

The report analyzed that an increase in battery shipments and an improved product mix from the second half of the year will lead the recovery in profitability. It also evaluated competitiveness centered on premium batteries and the development of next-generation battery technologies as medium- to long-term growth foundations.

The expansion of the ESS market was also cited as a positive factor. The explanation is that the expansion in power demand driven by global power grid investments and the increase in AI data centers is highly likely to lead to growth in the battery market for ESS.

■ Risk Factors and Future Variables

However, the growth rate of the global electric vehicle market, fluctuations in raw material prices, and intensifying competition with Chinese companies were presented as variables that could affect future performance.

While market expectations are growing that Samsung SDI has passed its earnings bottom, the market believes that whether the company actually achieves a turnaround to profit, the expansion of orders in the second half of the year, and the performance of the next-generation battery business will be key factors determining the future stock price trend.

[This article was written with the assistance of AI. This article is not an investment recommendation, and the final decision and responsibility for investments lie with the investor.]