LG Energy Solution is showing an upward trend during trading, attempting to recover the 350,000-won level. The securities industry is focusing on the growth potential of the energy storage system (ESS) business, forecasting that this year's second-quarter earnings will exceed market expectations.

During the morning session on the 2nd, LG Energy Solution is trading at 349,000 won, up 1,000 won (0.29%) from the previous trading day.

Recently, iM Securities projected LG Energy Solution's second-quarter consolidated earnings to record 7.6 trillion won in revenue and 229 billion won in operating profit. This slightly exceeds the market consensus of 7.2 trillion won in revenue and 202.9 billion won in operating profit.

The securities industry expects a clear improvement in earnings centered on ESS and cylindrical batteries. Even as the growth rate of the electric vehicle battery market somewhat slows, the expansion of demand in the ESS sector is expected to support earnings.

In particular, increased investment in data centers driven by the expansion of the AI industry is expected to lead to massive demand for power storage systems. Since stable power supply is essential for AI data centers, ESS installations are likely to expand, which could serve as a mid- to long-term growth driver for LG Energy Solution.

In the market, attention is focusing on whether related companies will see earnings improvements as the ESS market emerges as a new growth axis alongside expanded AI infrastructure investment. For LG Energy Solution as well, strengthening its competitiveness in the ESS business, along with EV batteries, is expected to be a key variable that will determine its future corporate value.

[This article was written with the assistance of AI. This article is not a recommendation to invest, and the final decision and responsibility for investing lie with the investor.]