POSCO Explores Investment in Hyundai’s U.S. Steel Mills for EV Supply Chain Synergy

An update from POSCO ( (PKX) ) is now available.

On April 22, 2025, rumors surfaced about POSCO’s investment in Hyundai Motor’s U.S. steel mills to enhance the electric vehicle supply chain. POSCO confirmed discussions are ongoing regarding their participation in building an electric arc furnace steel mill in Louisiana, USA, although specifics on investment scale and shareholding are yet to be finalized. The company plans to provide further details within three months, reflecting its strategic aim to secure a competitive edge in the global market.

The most recent analyst rating on (PKX) stock is a Sell with a $45.00 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 a balance of strong financial stability and strategic initiatives against operational challenges and mixed technical indicators. The company is facing declining revenue and profit margins but is taking steps to improve through strategic alliances and expansion plans. Valuation metrics suggest the stock might be slightly overvalued, but the dividend yield is a positive factor. The technical analysis indicates potential downward pressure, but the resilience shown in the earnings call provides a positive outlook.

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

More about POSCO

POSCO Holdings Inc. is a leading company in the steel industry, primarily engaged in the production and distribution of steel products. The company focuses on maintaining global competitiveness and sustainable growth through strategic investments and partnerships.

Average Trading Volume: 377,648

Technical Sentiment Signal: Sell

Current Market Cap: $12.63B

For detailed information about PKX stock, go to TipRanks’ Stock Analysis page.