Hanwha ocean stock forecast industry data supporting Hanwha Ocean

Industry data supporting Hanwha Ocean stock forecast show an ASEAN ship order surge, which could add KRW 200 billion to the backlog, partially priced in by current valuations. Click here to see the full list of 503 stocks from our Undervalued Global Stocks Based On Cash Flows screener. Despite the stock dip, analysts remain bullish. Seven brokerages raised the target price to about 91,000 won, backed by stronger-than-expected first-quarter earnings. In Q1–Q2 2024, Hanwha Ocean stock forecast momentum has been fueled by South Korea's export growth in marine technology, suggesting continued investor confidence in this industrial segment.