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POSCO ( (PKX) ) has provided an update.
On January 5, 2026, POSCO Holdings filed a report with the U.S. Securities and Exchange Commission clarifying a December 5, 2025 article in Maeil Business Newspaper concerning a high-profile 10 trillion won takeover battle for shipping company HMM involving businessman Kim Jae-chul. POSCO stated that, as part of its steel business strategy to pursue overseas growth and expand in the high-profit U.S. market, it has signed a memorandum of understanding with U.S. steelmaker Cleveland-Cliffs and is discussing potential equity ownership and investment size, but emphasized that no decisions have yet been finalized and the situation remains undetermined. The company indicated it will provide an additional disclosure once specific terms are decided or by April 1, 2026, underscoring that any prospective deal could be strategically significant for its U.S. expansion but is still at a preliminary stage for investors and other stakeholders.
The most recent analyst rating on (PKX) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on POSCO stock, see the PKX Stock Forecast page.
Spark’s Take on PKX Stock
According to Spark, TipRanks’ AI Analyst, PKX is a Neutral.
POSCO’s overall stock score reflects financial challenges with declining revenue and profitability, coupled with technical indicators showing mixed signals. The high P/E ratio suggests potential overvaluation, while the dividend yield offers limited compensation. The absence of earnings call and corporate events data means these factors were not considered.
To see Spark’s full report on PKX stock, click here.
More about POSCO
POSCO Holdings Inc. is a South Korea-based steelmaking and materials group, with its core business centered on steel production and related downstream activities. The company pursues growth by expanding its overseas footprint, including efforts to strengthen its presence in higher-margin markets such as the United States, in line with a strategy to focus on high-profit steel segments and global partnerships.
Average Trading Volume: 141,656
Technical Sentiment Signal: Sell
Current Market Cap: $15.52B
For detailed information about PKX stock, go to TipRanks’ Stock Analysis page.