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LG Display Posts Q1 2026 Profit for Third Straight Quarter but Net Loss Deepens

Story Highlights
  • LG Display reported Q1 2026 revenue decline but strong year-on-year operating profit growth.
  • OLED-driven product mix lifted pricing even as net losses widened, highlighting transition pressures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LG Display Posts Q1 2026 Profit for Third Straight Quarter but Net Loss Deepens

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An update from LG Display ( (LPL) ) is now available.

LG Display, a leading producer of TFT-LCD and OLED panels for TVs, IT devices, mobile products and automotive displays, reported its unaudited consolidated results for the quarter ended March 31, 2026. The Seoul-based company, which employs nearly 70,000 people worldwide, continues to emphasize an OLED-centered portfolio geared toward high-end strategic customers across major electronics and automotive markets.

For the first quarter of 2026, LG Display posted revenue of KRW 5.53 trillion, down 23% from the previous quarter and 9% year-on-year, while operating profit slipped 13% sequentially to KRW 146.7 billion but surged more than threefold from a year earlier. Despite its third consecutive quarter of operating profit, the company widened its net loss to KRW 576 billion amid seasonal weakness, even as OLED products rose to 60% of sales and lifted average selling prices, underscoring both the gains and ongoing financial pressures in its transition toward higher-value display segments.

Revenue mix in the quarter showed TV panels at 16% of sales, IT panels such as monitors, laptops and tablets at 37%, mobile and other devices at 37% and automotive panels at 10%. Management highlighted continued cost innovation, operational efficiency and a push into premium OLED offerings across small-, mid- and large-sized panels, moves that aim to consolidate its competitive edge in high-spec products and stabilize profitability in a volatile global display market.

The most recent analyst rating on (LPL) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on LG Display stock, see the LPL Stock Forecast page.

Spark’s Take on LPL Stock

According to Spark, TipRanks’ AI Analyst, LPL is a Neutral.

Overall score reflects improving but still risky fundamentals: recent return to profitability and better free cash flow are positives, but leverage remains a key constraint and margins are thin. Technical signals are mixed (negative MACD despite price holding above shorter-term averages). Valuation is only average given a ~26.8 P/E with no dividend, while the earnings call balance was mildly positive long-term (OLED mix shift, Y-o-Y ASP strength) but tempered by near-term Q1 weakness guidance and ongoing uncertainty.

To see Spark’s full report on LPL stock, click here.

More about LG Display

LG Display Co., Ltd. is a global display manufacturer and technology innovator specializing in thin-film transistor liquid crystal displays and OLED panels. The company supplies screens in a wide range of sizes for TVs, notebook and desktop computers, tablets, mobile devices and automobiles, operating major production facilities in Korea and China and back-end assembly plants in Korea, China and Vietnam.

Average Trading Volume: 1,667,586

Technical Sentiment Signal: Buy

Current Market Cap: $4.98B

Learn more about LPL stock on TipRanks’ Stock Analysis page.

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