NH Investment & Securities noted on the 22nd that d'Alba Global is currently at the beginning of its growth phase and is expected to leap forward as a global brand starting in the second half. The investment opinion is 'Buy' with a target stock price of 240,000 won. d'Alba Global's previous closing price was 179,100 won.
NH Investment & Securities identified the main investment points for d'Alba Global as ▲ the implementation of previous sales strategies and price competitiveness as a premium brand ▲ diversification of stock keeping units (SKUs) ▲ strong overseas export momentum from 2025 to 2026.
Researcher Jung Ji-yun of NH Investment & Securities projected that d'Alba Global's consolidated sales this year would increase by 65% year-on-year to 509.6 billion won, while operating profit is expected to rise by 96% year-on-year to 117.1 billion won.
Researcher Jung noted, "The proportion of overseas sales is expected to rise sharply to 64%, and profitability is also expected to improve solidly with the expansion of offline locations."
He added, "As of today, three months post-listing, 1,955,709 shares, which is 15.9% of the total outstanding shares, are scheduled to be released from lock-up," and recommended taking this as a buying opportunity if the stock price adjusts.