LG Electronics Share Price Target 2026: Motilal Oswal Securities (MOSL) has reiterated its ‘BUY’ rating on LG Electronics, assigning an upside of 18 per cent from the current market price, supported by strong demand momentum, improving margins, and a favourable industry outlook.
The share price of LG Electronics settled over 1 per cent or Rs 16.8 higher at Rs 1580.35. The brokerage firm has set a target price of Rs 1,860, which reflects an upside of 17.7 per cent from the current price level.
Demand conditions continue to be robust, with the January–March 2026 quarter witnessing healthy growth. The outlook for the upcoming summer season also remains positive, supported by an expected pickup in secondary sales starting in April 2026.
According to the brokerage, on the strategic front, LG Electronics is focusing on expanding its export footprint. The company aims to increase exports to around 12 per cent of total revenues by FY27, compared to approximately 6 per cent in FY26.
The broader industry outlook remains constructive, driven by rising consumer preference for premium and energy-efficient products. Additionally, low penetration levels across categories continue to provide significant headroom for volume-led growth.
MOSL estimates a compounded annual growth rate (CAGR) of around 10 per cent in revenue, 22 per cent in EBITDA, and 23 per cent in profit after tax (PAT) over FY26–FY28. Margin expansion is also expected, with operating profit margins (OPM) projected to improve to 12 per cent in FY27 and 12.7 per cent in FY28, up from 10.3 per cent in FY26.
Additionally, brokerages Emkay Global and Centrum Equity maintain a bullish stance on LG Electronics India, projecting an upside of up to 21 per cent from the current market price.
Emkay Global has reiterated a “BUY” rating on LG Electronics India, assigning a target price of Rs 1,900. Centrum Equity has also maintained a “BUY” rating, with a revised target price of Rs 1,850.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
