Recent industrial output figures reaffirm Hanwha Ocean stock forecast optimism, as South Korean shipbuilding output grew 5.8% YoY, providing sector-wide support to pricing expectations. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. To take advantage of this upside momentum in the defense industry market, the company will focus on securing production bases in strategic markets and forming strategic partnerships with local companies. Analysts covering Hanwha Ocean stock forecast caution about possible volatility from global freight rate fluctuations, but maintain an overall target zone of KRW 30,500–KRW 31,500 for mid-year.