Hyundai Motor ramps up robot production; target prices raised for SL and others
2026-05-25Several securities firms raised their target prices for SL, Hyundai AutoEver, LG Innotek and others as Hyundai Motor expands its robotics business. Hyundai Motor is preparing to deploy robots in production, including by introducing Atlas robots and establishing a factory automation organization.
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2026-05-25Many securities firms raised target prices for domestic suppliers, citing the expansion of Hyundai Motor’s robotics business. Daol viewed SL as the company set to benefit most from Hyundai Motor’s robotics business and raised its target price. NH raised its target price for Hyundai AutoEver, expecting it to benefit from the expansion of autonomous driving and robotics.
One brokerage firm said all of LG Innotek’s business divisions were on an upward trend and set a target price of 1,300,000 won. SL is reportedly the exclusive supplier of key components used in Hyundai Motor’s robots. The reports said the target prices were adjusted based on the companies’ business structures and order positions.
Hyundai Motor is preparing to adopt Atlas robots. Hyundai Motor Group said it had established factory automation and robotics components organizations to prepare for Atlas robots to be deployed at production sites. The establishment of the group organizations and its robot adoption plans were announced or reported on the same day.
The above content is 2026-05-25a synthesis based on facts compiled there. Interest in the related industry intensified as the target adjustments of the companies and Hyundai Motor’s organizational and hiring announcements came out at the same time. This content may be updated if further announcements or disclosures are made.