B · Normal
[Goldman Sachs lowers profit forecast for Korean battery companies, Samsung SDI drops significantly] October 15th, Goldman Sachs’ research report on October 14 lowered the EBITDA forecasts of Korean battery cell manufacturers by an average of 10% in 2027 and 2028. During the same period, the forecasts of cathode material companies were reduced by 6% and 7% respectively. Among them, LG New Energy's EBITDA forecasts for 2027 and 2028 were both lowered by 13%, and Samsung SDI's EBITDA forecasts were lowered by 16% and 17% respectively. Goldman Sachs pointed out that the main reasons include an expected decline in demand for electric vehicle batteries in the United States, fierce competition from Chinese battery manufacturers in the European market, and changes in currency forecasts.
Comments