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POSCO ( (PKX) ) has issued an update.
On August 21, 2025, POSCO Holdings Inc. addressed rumors regarding its investment in Hyundai Motor’s US steel mills, initially reported on April 22, 2025. The company confirmed discussions about participating in the construction of an electric arc furnace steel mill in Louisiana, USA, aimed at boosting synergy in the electric vehicle supply chain. However, details on the shareholding ratio and investment scale are still under negotiation, with a commitment to provide further disclosures within six months.
The most recent analyst rating on (PKX) stock is a Buy with a $63.00 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 Outperform.
POSCO’s stock score reflects a balance of strong financial stability and positive strategic initiatives against the backdrop of operational challenges and high valuation concerns. The recent earnings call provided positive momentum with improved financial results and strategic plans, but technical indicators suggest caution due to overbought conditions.
To see Spark’s full report on PKX stock, click here.
More about POSCO
POSCO Holdings Inc. is a major player in the steel industry, primarily engaged in the production and distribution of steel products. The company focuses on maintaining global competitiveness and sustainable growth, with a particular interest in enhancing its presence in the electric vehicle supply chain.
Average Trading Volume: 151,978
Technical Sentiment Signal: Hold
Current Market Cap: $16.35B
For detailed information about PKX stock, go to TipRanks’ Stock Analysis page.